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Combiwood Invest OÜ

Legal form:

Private limited company

Registry code:

10979054

VAT no.:

EE101839442

Fiscal-year period:

01.01 - 31.12

Established:

21.10.2003 (22)

Former business names:

OÜ BALCAS FOREST

Capital:

10 230 EUR

Address:

Liimi/1, Möldre küla, Tõrva vald, Valga maakond, 68612

Status:

Registered

Contacts

Email:

info@combiwood.ee

Phone:

+372 7671083

Industries

ELECTRICITY, GAS, STEAM AND AIR-CONDITIONING SUPPLY
Electricity, gas, steam and air-conditioning supply
Electricity production, transmission and distribution
Generation of electricity
35119 - Other electricity generation (incl. from biomass)
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Office administration and other business support services
Business support service activities n.e.c.
82991 - Other business support service activities n.e.c.

VAT liability

	Start	End
EE101839442	04.12.2015

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	08.07.2025	Valid
2023	01.01.2023 - 31.12.2023	03.07.2024	Valid
2022	01.01.2022 - 31.12.2022	25.07.2023	Valid
2021	01.01.2021 - 31.12.2021	31.05.2022	Valid
2020	01.01.2020 - 31.12.2020	28.06.2021	Valid
2019	01.01.2019 - 31.12.2019	15.07.2020	Valid
2018	01.01.2018 - 31.12.2018	28.05.2019	Valid
2017	01.01.2017 - 31.12.2017	21.06.2018	Valid
2016	01.01.2016 - 31.12.2016	15.06.2017	Valid
2015	01.01.2015 - 31.12.2015	21.06.2016	Valid
2014	01.01.2014 - 31.12.2014	14.05.2015	Valid
2013	01.01.2013 - 31.12.2013	27.03.2014	Valid
2012	01.01.2012 - 31.12.2012	21.06.2013	Valid
2011	01.01.2011 - 31.12.2011	19.06.2012	Valid
2010	01.01.2010 - 31.12.2010	29.06.2011	Valid
2009	01.01.2009 - 31.12.2009	26.04.2010	Valid
2008	01.01.2008 - 31.12.2008	18.11.2009	Valid
2008	01.01.2008 - 31.12.2008	17.07.2009	Expired
2007	01.01.2007 - 31.12.2007	02.07.2008	Valid
2006	01.01.2006 - 31.12.2006	02.07.2007	Valid
2005	01.01.2005 - 31.12.2005	18.08.2006	Valid
2004	01.01.2004 - 31.12.2004	07.07.2005	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 07.06.2026.

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Credit rating

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	0 €	0 €	0 €	-
Kokku 2026:	0 €	0 €	0 €
2025 Q4	109 €	0 €	0 €	-
2025 Q3	0 €	0 €	0 €	-
2025 Q2	0 €	0 €	0 €	-
2025 Q1	109 €	0 €	0 €	-
Kokku 2025:	218 €	0 €	0 €
2024 Q4	69 €	0 €	0 €	-
2024 Q3	0 €	0 €	0 €	-
2024 Q2	69 €	0 €	0 €	-
2024 Q1	0 €	0 €	0 €	-
Kokku 2024:	138 €	0 €	0 €100.0%
2023 Q4	63 €	0 €	0 €100.0%	-
2023 Q3	105 €	0 €	752 €	-
2023 Q2	0 €	0 €	0 €100.0%	-
2023 Q1	33 554 €	21 520 €	66 297 €76.1%	-
Kokku 2023:	33 722 €	21 520 €	67 049 €94.9%
2022 Q4	79 467 €	32 280 €	277 453 €665.4%	-
2022 Q3	34 510 €	32 280 €	36 250 €96.3%	-
2022 Q2	212 435 €	23 672 €	970 650 €2 541.0%	-
2022 Q1	22 613 €	19 591 €	36 752 €35.9%	-
Kokku 2022:	349 026 €	107 823 €	1 321 105 €405.9%
2021 Q4	28 423 €	19 368 €	57 377 €42.5%	-
2021 Q3	37 012 €	19 368 €	99 724 €86.0%	-
2021 Q2	28 140 €	19 698 €	53 618 €6.3%	-
2021 Q1	25 627 €	21 808 €	50 434 €39.7%	3
Kokku 2021:	119 202 €	80 242 €	261 153 €21.6%
2020 Q4	34 076 €	23 367 €	83 647 €15.5%	4
2020 Q3	40 780 €	23 313 €	98 932 €12.1%	4
2020 Q2	38 413 €	23 313 €	88 255 €41.7%	4
2020 Q1	35 502 €	25 799 €	62 294 €19.2%	4
Kokku 2020:	148 771 €	95 792 €	333 128 €64.1%
2019 Q4	31 794 €	22 500 €	77 069 €89.3%	4
2019 Q3	163 934 €	22 504 €	718 697 €829.3%	3
2019 Q2	35 464 €	22 564 €	77 334 €39.8%	3
2019 Q1	0 €	7 663 €	55 328 €246.1%	3
Kokku 2019:	231 192 €	75 231 €	928 428 €1 352.1%
2018 Q4	0 €	0 €	15 984 €0.0%	1
2018 Q3	3 197 €	0 €	15 984 €0.0%	1
2018 Q2	3 283 €	0 €	15 984 €0.0%	1
2018 Q1	3 197 €	0 €	15 984 €0.0%	1
Kokku 2018:	9 677 €	0 €	63 936 €124.5%
2017 Q4	3 282 €	0 €	15 984 €27.9%	1
2017 Q3	2 499 €	0 €	12 496 €	1
2017 Q2	0 €	0 €	0 €	1
2017 Q1	0 €	1 437 €	0 €	1
Kokku 2017:	5 781 €	1 437 €	28 480 €
2016 Q4	0 €	4 013 €	0 €	1
2016 Q3	0 €	106 €	0 €	1
2016 Q2	0 €	0 €	0 €	0
2016 Q1	0 €	0 €	0 €	0
Kokku 2016:	0 €	4 119 €	0 €
2015 Q4	85 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
2015 Q2	0 €	0 €	0 €	0
2015 Q1	86 €	0 €	0 €	0
Kokku 2015:	171 €	0 €	0 €

Revenue by industry

	2020	2021	2022
Other business support service activities n.e.c.	284 385 €	145 000 €	461 989 €
Other electricity generation (incl. from biomass)	43 104 €	79 304 €	80 €

Tax debts

No tax debt found

No tax debt as of 07.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Peedo Pihlak	36708XXXXXX	19.08.1967 (58)	Board member	30.12.2022	-
Virko Lepmets	37505XXXXXX	11.05.1975 (51)	Board member	30.12.2022	-
Toomas Mets	36912XXXXXX	01.12.1969 (56)	Board member	16.02.2015	-

5 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Portrait OÜ	-	18.05.1998 (28)	Shareholder	1 705,00 EUR	16,67	Sole ownership	21.08.2023	-
Hakera OÜ	-	26.06.2003 (22)	Shareholder	1 705,00 EUR	16,67	Sole ownership	02.01.2023	-
OÜ Claribel	-	23.09.2002 (23)	Shareholder	1 705,00 EUR	16,67	Sole ownership	02.01.2023	-
Osaühing Trailborg	-	26.03.2001 (25)	Shareholder	1 705,00 EUR	16,67	Sole ownership	02.01.2023	-
OÜ Woodsmart	-	23.09.2002 (23)	Shareholder	1 705,00 EUR	16,67	Sole ownership	02.01.2023	-

7 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 6 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Balcas Eesti aktsiaselts	-	-	Founder	21.10.2003	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Aimar Varula	37211XXXXXX	24.11.1972 (53)	Indirect holding	30.09.2018	-
Heiki Vahermets	36307XXXXXX	23.07.1963 (62)	Indirect holding	30.09.2018	-
Peedo Pihlak	36708XXXXXX	19.08.1967 (58)	Indirect holding	30.09.2018	-
Toomas Mets	36912XXXXXX	01.12.1969 (56)	Indirect holding	30.09.2018	-
Virko Lepmets	37505XXXXXX	11.05.1975 (51)	Indirect holding	30.09.2018	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
KC Energy OÜ	14.09.2020	Shareholder	1 154,16 EUR	46,17	Sole ownership	07.03.2024	-
SolVentus Terra OÜ	24.07.2024	Shareholder	1 125,00 EUR	45	Sole ownership	24.07.2024	-
Lumbar OÜ	16.10.2002	Shareholder	640,00 EUR	25	Sole ownership	16.08.2023	-
project spruce OÜ	24.05.2021	Shareholder	74,08 EUR	2,24	Sole ownership	15.07.2024	-

8 inactive record hidden, extended access to the information portal is required to view history!

1 - 4 / 4 rows

2026 Q1

Turnover

Amount

0 €

Monthly average

0 €

Per employee

0 €

Equity ratio

Labour taxes

Turnover ratio

0,00%

Tax ratio

0,00%

Monthly average

0 €

Per employee

0 €

State taxes

Monthly average

0 €

Turnover ratio

0,00%

Estimated salary

Gross salary

0 €

Net salary

0 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	115 424 €462.7%	20 511 €91.6%	244 287 €385.7%	50 301 €62.9%	135 465 €39.0%	97 461 €
Non-current assets	22 780 620 €36.2%	16 720 468 €97.1%	8 482 022 €268.2%	2 303 771 €68.0%	1 371 599 €0.9%	1 384 747 €
Total assets	22 896 044 €36.8%	16 740 979 €91.8%	8 726 309 €270.7%	2 354 072 €56.2%	1 507 064 €1.7%	1 482 208 €
Short-term liabilities	61 €49.2%	120 €99.8%	51 289 €55.3%	114 780 €2.8%	118 060 €0.7%	117 187 €
Long-term liabilities	21 457 928 €34.6%	15 939 442 €95.3%	8 162 459 €279.6%	2 150 313 €69.7%	1 267 140 €1.6%	1 287 140 €
Total liabilities	21 457 989 €34.6%	15 939 562 €94.1%	8 213 748 €262.6%	2 265 093 €63.5%	1 385 200 €1.4%	1 404 327 €
Share or stock capital	10 230 €	10 230 €	10 230 €0.0%	10 225 €	10 225 €	10 225 €
Retained earnings	791 187 €57.5%	502 331 €537.8%	78 754 €29.5%	111 639 €65.0%	67 657 €30.3%	51 943 €
Net profit	636 640 €120.4%	288 856 €31.8%	423 577 €1 388.1%	-32 885 €174.8%	43 982 €179.9%	15 713 €
Equity	1 438 057 €79.4%	801 417 €56.4%	512 561 €476.0%	88 979 €27.0%	121 864 €56.5%	77 881 €
Turnover	-	-	462 069 €106.0%	224 304 €31.5%	327 489 €6.5%	307 506 €
Profit margin	0.00%	0.00%	91.67%725.3%	-14.66%209.2%	13.43%162.8%	5.11%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	XJS UEG	-6 666	83 052
Liquidity
Current ratio	Y WUI.J	ZHF.Y	F.Z	0.4	1.1
Quick ratio	C IOV.W	EKD.K	W.Q	0.4	1.1
Cash ratio	R BZF.W	UVK.U	R.D	0.3	0.9
Efficiency
Days sales outstanding (dso)	-	-	T JQR.W	835.4	38.9
Asset turnover	-	-	T.I	0.1	0.2
Structure
Debt ratio	P.U	E.H	T.X	1.0	0.9
Profitability
Operating margin	-	-	AH.I%	-20.4%	13.4%
Net profit margin	-	-	TO.N%	-14.7%	13.4%
Return on assets (roa)	M.K%	E.S%	M.N%	-1.7%	2.9%
Return on equity (roe)	JQ.P%	ET.D%	IZ.M%	-37.0%	36.1%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10075236 / 13	21.03.2023	Entry - Amendment entry		Entered into force (21.03.2023)
Ä 10075236 / 12	30.12.2022	Entry - Amendment entry		Entered into force (30.12.2022)
Ä 10075236 / M3	23.12.2022	Order to remedy deficiencies - Amendment entry	12.01.2023	Deficiencies remedied (28.12.2022)
Ä 10075236 / 11	29.05.2019	Deletion of activities from registry card - Amendment entry under CRA § 525 (2)		Entered into force (29.05.2019)
Ä 10075236 / 10	04.02.2019	Entry - Amendment entry		Entered into force (04.02.2019)

Combiwood Invest OÜ

Contacts

Industries

VAT liability

Annual reports

Unsubmitted declarations

No unsubmitted declarations found

Credit rating

Hidden

Tax data

Revenue by industry

Tax debts

No tax debt found

Representatives

Shareholders

Other persons

Ultimate beneficial owners

Holdings in companies

Holdings in companies

Aggregate data

Financial ratios

Licences & notices

No licenses and notices found

Regulations

Regulations

Real estate

No real estate found

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Official announcements

No official announcements found

Public transactions

No public transactions found

.ee domains

No domains found

Enforcement proceedings

No enforcement proceedings found

Payment orders

No payment orders found