Elbu Mets OÜ

Registered
14163562Private limited company (OÜ)Founded 2016

Key figures

250 371 €+21,9%
Revenue 2025
+140,3%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Elbu Mets OÜ

What kind of company is it?

Elbu Mets OÜ (registry code 14163562) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 9 years. Registered location: Elbu küla, Tori vald, Pärnu maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE102328554).

How is the company doing financially?

Revenue in financial year 2025 was 250 371 €, up 21,9% on the previous year (205 447 €). From 2019 to 2025, revenue grew by an average of 140% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2697 € (1,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 83 457 €. At the end of financial year 2025, total assets were 117 934 € and equity 24 513 € (20,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 74 893 €, up 0,8% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 7730 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1680 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is a private individual.

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 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845005572AD54A4Y540) comes from the GLEIF database. 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 202674 893 €37730 €
Q2 202682 881 €39923 €
Q1 202666 991 €46574 €
Q4 202563 659 €26244 €
Q3 202574 301 €210 764 €
Q2 202546 884 €311 567 €
Q1 202559 625 €47774 €

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
20212022202320242025
Sales revenue18 79049 994171 640205 447250 371
Net profit118230 2082099−16 5342697
Retained earnings2360354233 75135 85019 316
Total assets604752 51796 32267 034117 934
Total liabilities516 26657 97245 21893 421
Total equity604236 25138 35021 81624 513
Employees01233
Average gross salary (monthly)—567114014211640
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%Elbu Mets OÜMeelis Lippmaa1Haldi Lippmaa
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 58 598 € (2021–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (58 598 €).

Show all aid records (2)
202639 998 €
202118 600 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud39 998 €01.07.2026
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud18 600 €27.12.2021

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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