Formaco OÜ
RegisteredKey figures
Ratios
2025Summary: Formaco OÜ
What kind of company is it?
Formaco OÜ (registry code 12832510) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other education n.e.c. (EMTAK 85599). The company is registered for VAT (VAT number EE101842031).
How is the company doing financially?
Revenue in financial year 2025 was 217 285 €, down 5,0% on the previous year (228 799 €). From 2019 to 2025, revenue grew by an average of 1,5% per year. Financial year 2025 ended with a loss of 5525 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 5 employees (2 a year earlier). Revenue per employee was 43 457 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 36 754 €, down 21,2% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 4306 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 620 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (90%) is held by a private individual.
What should you look out for?
Equity was negative at the end of financial year 2025 (−3018 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 36 754 € | 6 | 4306 € |
| Q2 2026 | 58 580 € | 9 | 9725 € |
| Q1 2026 | 51 391 € | 6 | 12 623 € |
| Q4 2025 | 53 017 € | 6 | 9559 € |
| Q3 2025 | 46 619 € | 9 | 9558 € |
| Q2 2025 | 64 357 € | 9 | 11 295 € |
| Q1 2025 | 59 414 € | 8 | 9869 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 120 757 | 120 605 | 210 954 | 228 799 | 217 285 |
| Net profit | 7790 | −11 010 | 686 | −1341 | −5525 |
| Retained earnings | 3482 | 11 272 | 262 | 1348 | 7 |
| Total assets | 26 027 | 15 925 | 23 896 | 35 882 | 33 731 |
| Total liabilities | 12 255 | 13 163 | 20 448 | 33 375 | 36 749 |
| Total equity | 13 772 | 2762 | 3448 | 2507 | −3018 |
| Employees | 2 | 2 | 2 | 2 | 5 |
| Average gross salary (monthly) | 1962 | 1951 | 3323 | 3857 | 1416 |
| Calculated dividend | 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 obligations1 issue1 note5 clear
Data from public registers, not a credit rating.
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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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