Titol ForEst OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 325 944 € | 3 | 5386 € |
| Q2 2026 | 277 374 € | 3 | 4760 € |
| Q1 2026 | 140 216 € | 3 | 6177 € |
| Q4 2025 | 303 040 € | 4 | 8116 € |
| Q3 2025 | 331 805 € | 5 | 8779 € |
| Q2 2025 | 110 155 € | 4 | 7345 € |
| Q1 2025 | 325 752 € | 5 | 6889 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 211 768 | 315 071 | 453 146 | 327 245 | 531 119 | 286 595 | 380 842 |
| Total non-current assets | 671 664 | 678 359 | 963 398 | 1 262 817 | 1 226 225 | 1 327 757 | 1 281 826 |
| Total assets | 883 432 | 993 430 | 1 416 544 | 1 590 062 | 1 757 344 | 1 614 352 | 1 662 668 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 225 873 | 163 253 | 112 478 | 212 789 | 186 804 | 75 367 | 97 893 |
| Non-current liabilities | 247 726 | 79 917 | 164 738 | 192 289 | 103 734 | 52 949 | 52 949 |
| Total liabilities | 473 599 | 243 170 | 277 216 | 405 078 | 290 538 | 128 316 | 150 842 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 368 973 | 407 116 | 747 510 | 1 136 578 | 1 182 234 | 1 464 056 | 1 483 287 |
| Profit for the year | 38 110 | 340 394 | 389 068 | 45 656 | 281 822 | 19 230 | 25 789 |
| Reserves and other equity | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Total equity | 409 833 | 750 260 | 1 139 328 | 1 184 984 | 1 466 806 | 1 486 036 | 1 511 826 |
| Income statement | |||||||
| Sales revenue | 999 999 | 1 093 889 | 1 097 464 | 1 149 258 | 1 186 164 | 868 216 | 880 101 |
| Operating profit | 43 201 | 340 394 | 389 068 | 55 739 | 300 121 | 32 651 | 25 789 |
| EBITDA | 89 794 | 410 605 | 504 078 | 205 340 | 462 232 | 206 116 | 233 888 |
| Profit before income tax | 38 110 | 340 394 | 389 068 | 45 656 | 281 822 | 19 230 | 25 789 |
| Profit for the reporting year | 38 110 | 340 394 | 389 068 | 45 656 | 281 822 | 19 230 | 25 789 |
| Labour costs | 86 405 | 83 651 | 97 025 | 120 634 | 103 417 | 92 824 | 81 975 |
| Depreciation of non-current assets | 46 593 | 70 211 | 115 010 | 149 601 | 162 111 | 173 465 | 208 099 |
| Other indicators | |||||||
| Employees | 5 | 5 | 5 | 6 | 5 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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
Data from public registers, not a credit rating.
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Public procurement
22 contractsPublic contracts won worth 3 059 056 € from 5 contracting authorities (23.04.2024–14.07.2026). Plus 11 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Puude ning põõsaste raie- ja hooldustööd Narva linnas 2026 · Pargid, skväärid, alleed | Narva Linnavalitsuse Linnamajandusamet | 62 500 € | 14.07.2026 |
| Maaparandussüsteemide hooldus 2026-1 · RKU0141 Arumäe TTP-473 | Riigimetsa Majandamise Keskus | 36 000 € | 11.06.2026 |
| Istutustööd Kirde piirkonnas 2026-2027 · Kirde Ida-Virumaa | Riigimetsa Majandamise Keskus | up to 132 678 € | 07.04.2026 |
| Istutustööd Kirde piirkonnas 2026-2027 · Kirde Ida-Virumaa | Riigimetsa Majandamise Keskus | up to 132 678 € | 07.04.2026 |
| Maaparandussüsteemide hooldus 2026-1 · RKU0133 Arvila metsakuivendus (TP-531) I- II etapp | Riigimetsa Majandamise Keskus | 37 175 € | 27.03.2026 |
| Maaparandussüsteemide hooldus 2026-1 · RKU0396 MÄETAGUSE MS | Riigimetsa Majandamise Keskus | 31 184 € | 27.03.2026 |
| Maaparandussüsteemide hooldus 2026-1 · RKU0394 RÄÄSA/TP-779 MAIDLA | Riigimetsa Majandamise Keskus | 23 887 € | 27.03.2026 |
| Arboristitööd 2026-2028 | Riigimetsa Majandamise Keskus | up to 500 000 € | 20.01.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Titol ForEst OÜ
Overview
Titol ForEst OÜ (registry code 12151922) 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: Jõhvi linn, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is landscape service activities (EMTAK 81301). The company is registered for VAT (VAT number EE101518569).
Financial results
Revenue in financial year 2025 was 880 101 €, up 1,4% on the previous year (868 216 €). From 2019 to 2025, revenue declined by an average of 2,1% per year. Net profit for financial year 2025 was 25 789 € (2,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 176 020 €. At the end of financial year 2025, total assets were 1 662 668 € and equity 1 511 826 € (90,9% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 325 944 €, down 1,8% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5386 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1230 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 09.06.2026. 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.