Forestex MK OÜ

Registered
12061389Private limited company (OÜ)Founded 2011

Key figures

43 115 €−2,5%
Revenue 2025
+15,5%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Forestex MK OÜ

What kind of company is it?

Forestex MK OÜ (registry code 12061389) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Tsirguliina alevik, Valga vald, Valga maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE101500425).

How is the company doing financially?

Revenue in financial year 2025 was 43 115 €, down 2,5% on the previous year (44 240 €). From 2019 to 2025, revenue grew by an average of 15,5% per year. Net profit for financial year 2025 was 11 141 € (25,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 43 115 €. At the end of financial year 2025, total assets were 298 110 € and equity 21 338 € (7,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 6000 €, down 47,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1570 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1100 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Valga Mets OÜ.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 29.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20266000 €11570 €
Q2 202626 240 €11570 €
Q1 202622 100 €11570 €
Q4 202513 615 €11570 €
Q3 202511 520 €11570 €
Q2 20256000 €11570 €
Q1 202526 240 €11555 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €+2500 € other
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue32 36733 00830 54244 24043 115
Net profit−18 1254571173684311 141
Retained earnings20 9222797736891049947
Total assets257 015119 01287 161109 570298 110
Total liabilities251 468108 89477 80799 373276 772
Total equity554710 118935410 19721 338
Employees22111
Average gross salary (monthly)779770112711271139
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Forestex MK OÜValga Mets OÜ6Andrus Asi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 133 040 € (2015). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (133 040 €).

Show all aid records (1)
2015133 040 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud133 040 €11.09.2015

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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