HERAFOR Grupp OÜ

Registered
14743845Private limited company (OÜ)Founded 2019

Key figures

1 046 567 €−5,0%
Revenue 2025
+31,7%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: HERAFOR Grupp OÜ

What kind of company is it?

HERAFOR Grupp OÜ (registry code 14743845) 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: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is silviculture and other forestry activities (EMTAK 02101). The company is registered for VAT (VAT number EE102166732).

How is the company doing financially?

Revenue in financial year 2025 was 1 046 567 €, down 5,0% on the previous year (1 102 145 €). From 2019 to 2025, revenue grew by an average of 31,7% per year. Net profit for financial year 2025 was 218 177 € (20,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 13 employees (11 a year earlier). Revenue per employee was 80 505 €. At the end of financial year 2025, total assets were 795 461 € and equity 669 800 € (84,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 9284 €. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 10 338 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 6090 € 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 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20269284 €110 338 €
Q2 20269634 €10 €
Q1 20269738 €10 €
Q4 2025630 €1834 €
Q3 20250 €——
Q2 20251321 €—1072 €
Q1 20257443 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024119 999 €
20230 €
20220 €
202117 500 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue952 514612 203943 4331 102 1451 046 567
Net profit109 06269 321154 039156 780218 177
Retained earnings79 921188 982258 303292 343449 123
Total assets294 473374 792525 060571 762795 461
Total liabilities102 990113 989110 218120 139125 661
Total equity191 483260 803414 842451 623669 800
Employees3481113
Average gross salary (monthly)24733825343626961912
Calculated dividend17 50000119 9990

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

Click a node to see its other connections.

100%HERAFOR Grupp OÜ1Rando Kaljuvee
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 4800 € (2019). Largest grantors: Eesti Töötukassa (4800 €).

Show all aid records (2)
20194800 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2526 €04.12.2019
Eesti TöötukassaPalgatoetus VTA2274 €04.12.2019

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