BaltFin Forestry OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 13 503 € | — | — |
| Q2 2026 | 4950 € | — | 0 € |
| Q1 2026 | 14 666 € | — | — |
| Q4 2025 | 5592 € | — | 0 € |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 0 € | — | — |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 5713 | 22 362 | 53 468 | 52 880 |
| Total non-current assets | — | 8167 | 16 918 | 17 027 |
| Total assets | 5713 | 30 529 | 70 386 | 69 907 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 394 | 3243 | 12 543 | 14 886 |
| Non-current liabilities | — | — | — | — |
| Total liabilities | 394 | 3243 | 12 543 | 14 886 |
| Share capital | 2508 | 2508 | 2508 | 2508 |
| Retained earnings of previous periods | 0 | 2811 | 24 778 | 55 335 |
| Profit for the year | 2811 | 21 967 | 30 557 | −2822 |
| Total equity | 5319 | 27 286 | 57 843 | 55 021 |
| Income statement | ||||
| Sales revenue | 18 852 | 113 819 | 176 035 | 12 923 |
| Operating profit | 2811 | 21 967 | 30 557 | −2822 |
| EBITDA | — | 23 600 | 34 256 | 1868 |
| Profit before income tax | 2811 | 21 967 | 30 557 | −2822 |
| Profit for the reporting year | 2811 | 21 967 | 30 557 | −2822 |
| Labour costs | 0 | 2429 | 12 622 | 0 |
| Depreciation of non-current assets | — | 1633 | 3699 | 4690 |
| Other indicators | ||||
| Employees | 0 | 1 | 1 | 0 |
| Calculated dividend | — | 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 issue1 note3 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 0 € from 1 contracting authorities (06.03.2024–06.03.2024). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Istutustööd Kirde piirkonnas 2024 · Ida Ida-Harjumaa | Riigimetsa Majandamise Keskus | up to 10 395 € | 06.03.2024 |
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: BaltFin Forestry OÜ
Overview
BaltFin Forestry OÜ (registry code 16378143) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 4 years. Registered location: Laekannu küla, Mustvee vald, Jõgeva 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 EE102560257).
Financial results
Revenue in financial year 2025 was 12 923 €, down 92,7% on the previous year (176 035 €). From 2021/22 to 2025, revenue declined by an average of 11,8% per year. This is the company's lowest revenue among the published years (2021/22–2025). Financial year 2025 ended with a loss of 2822 €. The company was profitable in 3 of the 4 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 69 907 € and equity 55 021 € (78,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 13 503 €.
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 10.06.2026. 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.