ForBalt OÜ
RegisteredKey figures
Ratios
2025Summary: ForBalt OÜ
What kind of company is it?
ForBalt OÜ (registry code 14469189) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is other human resources provision (EMTAK 78209). The company is registered for VAT (VAT number EE102657283).
How is the company doing financially?
Revenue in financial year 2025 was 88 599 €, down 31,8% on the previous year (129 859 €). From 2019 to 2025, revenue grew by an average of 76,3% per year. Financial year 2025 ended with a loss of 1863 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 29 533 €. At the end of financial year 2025, total assets were 10 101 € and equity 5948 € (58,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 15 754 €, down 36,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2773 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1000 € per month.
Who runs the company and who owns it?
The company has one management board member. 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 03.06.2026. 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 | 15 754 € | 2 | 2773 € |
| Q2 2026 | 16 868 € | 2 | 2773 € |
| Q1 2026 | 14 468 € | 2 | 2793 € |
| Q4 2025 | 22 545 € | 2 | 3557 € |
| Q3 2025 | 24 656 € | 3 | 3918 € |
| Q2 2025 | 24 356 € | 3 | 3557 € |
| Q1 2025 | 19 770 € | 3 | 3364 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 31 107 | 76 016 | 111 470 | 129 859 | 88 599 |
| Net profit | 1269 | 2367 | 4927 | −4157 | −1863 |
| Retained earnings | 3406 | 4675 | 7042 | 11 969 | 7811 |
| Total assets | 9298 | 15 917 | 21 610 | 12 905 | 10 101 |
| Total liabilities | 2123 | 6375 | 7141 | 5093 | 4153 |
| Total equity | 7175 | 9542 | 14 469 | 7812 | 5948 |
| Employees | 1 | 1 | 3 | 3 | 3 |
| Average gross salary (monthly) | 558 | 1401 | 665 | 1031 | 891 |
| 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 obligationsAll 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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