OÜ MH ForestRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 46 617 € | 1 | 1200 € |
| Q2 2026 | 53 695 € | 1 | 1343 € |
| Q1 2026 | 47 023 € | 1 | 592 € |
| Q4 2025 | 37 235 € | 1 | 867 € |
| Q3 2025 | 21 503 € | 1 | 1728 € |
| Q2 2025 | 49 880 € | 1 | 27 € |
| Q1 2025 | 62 104 € | 1 | 1409 € |
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 | 14 538 | 20 681 | 18 163 | 25 163 | 22 074 | 18 859 | 22 490 |
| Total non-current assets | 49 699 | 47 087 | 70 995 | 66 005 | 66 139 | 114 305 | 112 113 |
| Total assets | 64 237 | 67 768 | 89 158 | 91 168 | 88 213 | 133 164 | 134 603 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 24 509 | 30 333 | 22 788 | 18 277 | 18 578 | 37 393 | 38 478 |
| Non-current liabilities | 13 320 | 1114 | 8000 | 8000 | 0 | 35 953 | 25 232 |
| Total liabilities | 37 829 | 31 447 | 30 788 | 26 277 | 18 578 | 73 346 | 63 710 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 30 131 | 26 408 | 36 321 | 58 326 | 64 891 | 69 635 | 59 819 |
| Profit for the year | −3723 | 9913 | 22 049 | 6565 | 4744 | −9817 | 11 074 |
| Reserves and other equity | −2500 | −2500 | −2500 | −2500 | −2500 | −2500 | −2500 |
| Total equity | 26 408 | 36 321 | 58 370 | 64 891 | 69 635 | 59 818 | 70 893 |
| Income statement | |||||||
| Sales revenue | 57 540 | 61 730 | 106 005 | 146 267 | 104 886 | 125 006 | 118 720 |
| Operating profit | −3461 | 11 577 | 23 303 | 15 458 | 2525 | −4268 | 14 718 |
| EBITDA | 4827 | 23 064 | 30 595 | 25 688 | 14 787 | 20 615 | 40 124 |
| Profit before income tax | −3723 | 9913 | 22 049 | 6565 | 4744 | −9817 | 11 074 |
| Profit for the reporting year | −3723 | 9913 | 22 049 | 6565 | 4744 | −9817 | 11 074 |
| Labour costs | 694 | 0 | 3817 | 11 806 | 13 204 | 10 806 | 9893 |
| Depreciation of non-current assets | 8288 | 11 487 | 7292 | 10 230 | 12 262 | 24 883 | 25 406 |
| Other indicators | |||||||
| Employees | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| 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 obligations1 issue4 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.
Summary: OÜ MH Forest
Overview
OÜ MH Forest (registry code 14386492) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Hanikase küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE102031647).
Financial results
Revenue in financial year 2025 was 118 720 €, down 5,0% on the previous year (125 006 €). From 2019 to 2025, revenue grew by an average of 12,8% per year. Net profit for financial year 2025 was 11 074 € (9,3% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 118 720 €. At the end of financial year 2025, total assets were 134 603 € and equity 70 893 € (52,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 46 617 €, up 117% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1200 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € 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 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.