Baltic Forest Components OÜ
RegisteredKey figures
Ratios
2025Summary: Baltic Forest Components OÜ
What kind of company is it?
Baltic Forest Components OÜ (registry code 16029158) 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: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE102280236).
How is the company doing financially?
Revenue in financial year 2025 was 837 229 €, up 29,8% on the previous year (644 852 €). From 2020/21 to 2025, revenue grew by an average of 22,8% per year. This is the company's highest revenue among the published years (2020/21–2025). Net profit for financial year 2025 was 62 737 € (7,5% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 16 employees (14 a year earlier). Revenue per employee was 52 327 €. At the end of financial year 2025, total assets were 299 919 € and equity 225 798 € (75,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 132 040 €, down 30,0% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 46 516 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1680 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 02.02.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 132 040 € | 18 | 46 516 € |
| Q2 2026 | 226 463 € | 16 | 43 997 € |
| Q1 2026 | 175 165 € | 14 | 46 828 € |
| Q4 2025 | 233 172 € | 14 | 50 749 € |
| Q3 2025 | 188 537 € | 16 | 52 157 € |
| Q2 2025 | 214 165 € | 16 | 41 961 € |
| Q1 2025 | 159 818 € | 16 | 42 118 € |
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
| 2020/21 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 368 258 | 585 014 | 648 930 | 644 852 | 837 229 |
| Net profit | 651 | 35 830 | 72 635 | 51 445 | 62 737 |
| Retained earnings | — | 651 | 36 481 | 109 116 | 160 561 |
| Total assets | 94 300 | 94 446 | 158 454 | 217 185 | 299 919 |
| Total liabilities | 91 149 | 55 465 | 46 838 | 54 124 | 74 121 |
| Total equity | 3151 | 38 981 | 111 616 | 163 061 | 225 798 |
| Employees | 8 | 13 | 12 | 14 | 16 |
| Average gross salary (monthly) | 1417 | 1419 | 1586 | 1475 | 1792 |
| Calculated dividend | — | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 21 036 € (2020–2024). Largest grantors: Riigi Tugiteenuste Keskus (15 000 €), Eesti Töötukassa (6036 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 2768 € | 22.10.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 3268 € | 25.01.2024 |
| Riigi Tugiteenuste Keskus | Muu | 15 000 € | 17.12.2020 |
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 ↗
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