H&E ForestWork OÜ

Registered
14653415Private limited company (OÜ)Founded 2019

Key figures

60 628 €−27,1%
Revenue 2025
+25,5%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: H&E ForestWork OÜ

What kind of company is it?

H&E ForestWork OÜ (registry code 14653415) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Voki-Tamme küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE102132711).

How is the company doing financially?

Revenue in financial year 2025 was 60 628 €, down 27,1% on the previous year (83 119 €). From 2019 to 2025, revenue grew by an average of 25,5% per year. Net profit for financial year 2025 was 12 629 € (20,8% of revenue). The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 152 384 € and equity 83 930 € (55,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 14 827 €, up 8,0% on the same quarter a year earlier.

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 28.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202614 827 €—0 €
Q2 202633 805 €—0 €
Q1 2026102 005 €—0 €
Q4 20256263 €—28 €
Q3 202513 728 €194 €
Q2 202526 057 €1109 €
Q1 202512 713 €—0 €

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 revenue51 824118 180102 34383 11960 628
Net profit10 89047 5658085279212 629
Retained earnings−53210 35857 92366 00868 801
Total assets56 85399 606110 597147 130152 384
Total liabilities46 49539 18342 08975 83068 454
Total equity10 35860 42368 50871 30083 930
Employees00000
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
100%H&E ForestWork OÜHanno Kõrbe
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 139 € (2021–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (139 €).

Show all aid records (2)
2022113 €
202126 €

The total also includes 2 tax reductions worth 139 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies