METSAWORKS OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 77 073 € | 3 | 4859 € |
| Q2 2026 | 146 881 € | 3 | 10 219 € |
| Q1 2026 | 54 215 € | 5 | 8513 € |
| Q4 2025 | 57 393 € | 5 | 5778 € |
| Q3 2025 | 38 250 € | 3 | 5665 € |
| Q2 2025 | 40 301 € | 3 | 5587 € |
| Q1 2025 | 55 169 € | 4 | 8529 € |
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.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2020–2025
| 2019/20 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 12 639 | 14 254 | 7779 | 22 431 | 69 777 | 118 166 |
| Total non-current assets | — | 2873 | 419 | 256 | 4028 | 1783 |
| Total assets | 12 639 | 17 127 | 8198 | 22 687 | 73 805 | 119 949 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 5675 | 11 719 | 3769 | 3457 | 17 520 | 23 963 |
| Non-current liabilities | — | — | — | — | — | — |
| Total liabilities | 5675 | 11 719 | 3769 | 3457 | 17 520 | 23 963 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 4464 | 2908 | 4429 | 19 230 | 56 285 |
| Profit for the year | 4464 | −1556 | 1521 | 14 801 | 37 055 | 39 701 |
| Reserves and other equity | — | — | −2500 | −2500 | −2500 | −2500 |
| Total equity | 6964 | 5408 | 4429 | 19 230 | 56 285 | 95 986 |
| Income statement | ||||||
| Sales revenue | 59 684 | 50 820 | 51 481 | 75 851 | 186 726 | 176 961 |
| Operating profit | 4512 | −1556 | 2407 | 16 596 | 39 626 | 41 126 |
| EBITDA | — | −419 | 2675 | 16 758 | 39 855 | 41 554 |
| Profit before income tax | 4464 | −1556 | 2407 | 14 801 | 37 055 | 39 701 |
| Profit for the reporting year | 4464 | −1556 | 1521 | 14 801 | 37 055 | 39 701 |
| Labour costs | 16 003 | 32 823 | 19 142 | 22 175 | 64 529 | 68 711 |
| Depreciation of non-current assets | — | 1137 | 268 | 162 | 229 | 428 |
| Other indicators | ||||||
| Employees | 1 | 2 | 2 | 2 | 4 | 4 |
| 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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Public procurement
9 contractsPublic contracts won worth 270 322 € from 1 contracting authorities (05.08.2024–21.07.2026). Plus 6 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Ulukitõrjevahendi pritsimine RMK Edela piirkonnas · Hiiumaa | Riigimetsa Majandamise Keskus | 32 396 € | 21.07.2026 |
| Istutustööd Edela piirkonnas 2026-2027 · Ida- Raplamaa | Riigimetsa Majandamise Keskus | up to 176 904 € | 31.03.2026 |
| Võsasaetööd Kirde metsakasvatuse piirkonnas 2026-2027 · Edela Järvamaa | Riigimetsa Majandamise Keskus | up to 219 726 € | 23.12.2025 |
| Võsasaetööd Kagu metsakasvatuse piirkonnas 2026-2027 · Põhja - Valgamaa | Riigimetsa Majandamise Keskus | up to 439 452 € | 23.12.2025 |
| Võsasaetööd Kagu metsakasvatuse piirkonnas 2026-2027 · Loode-Tartumaa | Riigimetsa Majandamise Keskus | 219 726 € | 23.12.2025 |
| Võsasaetööd Edela metsakasvatuse piirkonnas 2026-2027 · Põhja-Viljandimaa | Riigimetsa Majandamise Keskus | up to 219 726 € | 22.12.2025 |
| Võsasaetööd Edela metsakasvatuse piirkonnas 2026-2027 · Lõuna-Pärnumaa | Riigimetsa Majandamise Keskus | up to 439 452 € | 19.12.2025 |
| Ulukitõrjevahendi pritsimine RMK Edela piirkonnas · Saaremaa | Riigimetsa Majandamise Keskus | up to 18 200 € | 05.08.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: METSAWORKS OÜ
Overview
METSAWORKS OÜ (registry code 14830685) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Pärnu linn, Pärnu 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 EE102303236).
Financial results
Revenue in financial year 2025 was 176 961 €, down 5,2% on the previous year (186 726 €). From 2019/20 to 2025, revenue grew by an average of 24,3% per year. Net profit for financial year 2025 was 39 701 € (22,4% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 44 240 €. At the end of financial year 2025, total assets were 119 949 € and equity 95 986 € (80,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 77 073 €, up 101% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4859 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € 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 08.02.2026. 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.