Forestek OÜ

Registered
14934048Private limited company (OÜ)Founded 2020

Key figures

12 274 €−68,9%
Revenue 2025
−7,5%
Average annual change 2020–2025
010 k20 k30 k40 k202020212022202320242025

Ratios

2025

Summary: Forestek OÜ

What kind of company is it?

Forestek OÜ (registry code 14934048) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is silviculture and other forestry activities (EMTAK 02101).

How is the company doing financially?

Revenue in financial year 2025 was 12 274 €, down 68,9% on the previous year (39 457 €). From 2020 to 2025, revenue declined by an average of 7,5% per year. This is the company's lowest revenue among the published years (2020–2025). Financial year 2025 ended with a loss of 4393 €. The company was profitable in 3 of the 6 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 6137 €. At the end of financial year 2025, total assets were 44 980 € and equity 42 520 € (94,5% of assets).

What do the latest quarters show?

Based on labour taxes, the estimated average gross salary in Q3 2026 was about 300 € 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 03.07.2026. 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 2026—2324 €
Q2 2026—2954 €
Q1 2026—2876 €
Q4 2025—21366 €
Q3 2025—21139 €
Q2 2025—21393 €
Q1 2025—21313 €

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 revenue39 50733 77817 78139 45712 274
Net profit29 339−7511−9188963−4393
Retained earnings14 54046 37936 36835 45044 413
Total assets47 79739 94638 90049 51744 980
Total liabilities1418107895026042460
Total equity46 37938 86837 95046 91342 520
Employees21122
Average gross salary (monthly)—715592765480
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 obligations1 note6 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
Filed late: 2023, 2024, 2025
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

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100%Forestek OÜ4Sigmar Kurnasov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 3890 € (2021). Largest grantors: Eesti Töötukassa (3890 €).

Show all aid records (1)
20213890 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3890 €04.08.2021

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

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

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