Forestex Tartu OÜRegistered
Key figures
14 702 864 €−13,9%
Revenue 2025
+0,4%
Average annual growth 2019–2025
Ratios
20250,3%
Profit margin
0,9%
EBITDA margin
52,5%
Equity ratio
1,3×
Current ratio
3,6%
Return on equity
2023 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 3 777 243 € | 4 | 12 751 € |
| Q1 2026 | 5 457 711 € | 4 | 16 704 € |
| Q4 2025 | 3 788 543 € | 4 | 13 297 € |
| Q3 2025 | 2 462 226 € | 4 | 19 019 € |
| Q2 2025 | 5 110 867 € | 4 | 15 380 € |
| Q1 2025 | 6 143 555 € | 5 | 22 442 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 30 000 € (3% of distributable profit).
History
202530 000 €
2024 ~51 983 €
2023 ~41 954 €
202221 505 €
202121 518 €
202010 754 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 241 321 | 901 208 | 1 671 105 | 2 764 550 | 1 739 549 | 1 937 030 | 1 412 676 |
| Total non-current assets | 813 541 | 749 392 | 572 982 | 500 928 | 848 918 | 704 164 | 834 002 |
| Total assets | 2 054 862 | 1 650 600 | 2 244 087 | 3 265 478 | 2 588 467 | 2 641 194 | 2 246 678 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 079 689 | 932 244 | 1 531 031 | 2 171 468 | 1 487 654 | 1 450 561 | 1 052 572 |
| Non-current liabilities | 250 559 | 195 573 | 117 497 | 0 | 33 454 | 24 811 | 15 648 |
| Total liabilities | 1 330 248 | 1 127 817 | 1 648 528 | 2 171 468 | 1 521 108 | 1 475 372 | 1 068 220 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 671 352 | 711 048 | 498 453 | 571 242 | 1 049 244 | 1 012 564 | 1 133 010 |
| Profit for the year | 50 450 | −191 077 | 94 294 | 519 956 | 15 303 | 150 446 | 42 636 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 724 614 | 522 783 | 595 559 | 1 094 010 | 1 067 359 | 1 165 822 | 1 178 458 |
| Income statement | |||||||
| Sales revenue | 14 381 404 | 9 351 731 | 11 445 077 | 20 405 721 | 15 811 812 | 17 079 118 | 14 702 864 |
| Operating profit | 95 545 | −177 053 | 125 208 | 534 562 | 32 418 | 135 261 | 75 073 |
| EBITDA | 125 782 | −144 579 | 157 152 | 585 577 | 88 638 | 173 947 | 133 006 |
| Profit before income tax | 73 191 | −189 327 | 97 795 | 523 457 | 23 356 | 160 972 | 51 098 |
| Profit for the reporting year | 50 450 | −191 077 | 94 294 | 519 956 | 15 303 | 150 446 | 42 636 |
| Labour costs | 116 607 | 106 057 | 117 320 | 138 389 | 159 019 | 166 614 | 157 673 |
| Depreciation of non-current assets | 30 237 | 32 474 | 31 944 | 51 015 | 56 220 | 38 686 | 57 933 |
| Other indicators | |||||||
| Employees | 5 | 4 | 4 | 4 | 5 | 5 | 4 |
| Calculated dividend | — | 10 754 | 21 518 | 21 505 | 41 954 | 51 983 | 30 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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