Forestex Tartu OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	13.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	26.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	17.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	05.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	23.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	22.04.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	17.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	28.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	09.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	19.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	26.03.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	31.03.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	11.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	20.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	04.12.2008 – 31.12.2009	30.06.2010	Valid	PDF

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Tax debt Reports Declarations Court decisions2 Official announcements–TTJA decisions–Real estate13 .ee domains2 Licenses–Regulations15 Public transactions–Grants–State aid–Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	165 465 €	17 740 €	3,17 M €−16,0%	4
2026 Q2	252 700 €	12 751 €	3,78 M €−30,8%	4
2026 Q1	245 936 €	16 704 €	5,46 M €+44,1%	4
Total 2026:	664 101 €	47 195 €	12,4 M €
2025 Q4	206 891 €	13 297 €	3,79 M €+53,9%	4
2025 Q3	79 763 €	19 019 €	2,46 M €−51,8%	4
2025 Q2	282 668 €	15 380 €	5,11 M €−16,8%	4
2025 Q1	222 628 €	22 442 €	6,14 M €+33,7%	5
Total 2025:	791 950 €	70 138 €	17,5 M €
2024 Q4	93 747 €	15 262 €	4,59 M €−4,3%	6
2024 Q3	298 417 €	19 988 €	4,80 M €−12,2%	5
2024 Q2	364 787 €	15 487 €	5,47 M €+6,2%	5
2024 Q1	203 834 €	18 801 €	5,15 M €+33,3%	5
Total 2024:	960 785 €	69 538 €	20,0 M €
2023 Q4	144 290 €	15 505 €	3,86 M €+26,7%	5
2023 Q3	157 012 €	17 551 €	3,05 M €−47,9%	5
2023 Q2	302 184 €	12 857 €	5,84 M €−18,2%	5
2023 Q1	237 214 €	19 600 €	7,15 M €−4,2%	5
Total 2023:	840 700 €	65 513 €	19,9 M €
2022 Q4	263 431 €	14 443 €	7,46 M €+75,5%	5
2022 Q3	101 106 €	13 518 €	4,25 M €−8,9%	5
2022 Q2	189 763 €	13 136 €	4,67 M €+3,0%	5
2022 Q1	237 043 €	17 544 €	4,53 M €+23,1%	5
Total 2022:	791 343 €	58 641 €	20,9 M €
2021 Q4	182 425,50 €	12 551,13 €	3,68 M €+41,8%	5
2021 Q3	55 166,94 €	13 164,79 €	2,60 M €−10,8%	4
2021 Q2	114 502,80 €	9 625,61 €	2,91 M €−19,6%	4
2021 Q1	205 124,47 €	12 671,81 €	3,62 M €+27,9%	4
Total 2021:	557 219,71 €	48 013,34 €	12,8 M €
2020 Q4	137 201,27 €	10 152,31 €	2,83 M €+22,6%	4
2020 Q3	99 605,41 €	11 757,92 €	2,31 M €−24,4%	4
2020 Q2	98 459,10 €	9 781,11 €	3,05 M €+21,4%	4
2020 Q1	86 783 €	14 935 €	2,52 M €−10,8%	5
Total 2020:	422 048,78 €	46 626,34 €	10,7 M €
2019 Q4	76 713 €	10 020 €	2,82 M €−14,5%	5
2019 Q3	136 712 €	12 403 €	3,30 M €−33,3%	5
2019 Q2	68 448 €	11 454 €	4,95 M €−4,0%	5
2019 Q1	75 971 €	11 621 €	5,15 M €+9,5%	5
Total 2019:	357 844 €	45 498 €	16,2 M €
2018 Q4	113 758 €	8 669 €	4,70 M €−11,0%	5
2018 Q3	118 961 €	10 757 €	5,28 M €+3,2%	5
2018 Q2	96 607 €	8 669 €	5,12 M €+48,9%	5
2018 Q1	53 238 €	9 538 €	3,44 M €+78,6%	5
Total 2018:	382 564 €	37 633 €	18,5 M €
2017 Q4	0 €	9 050 €	1,93 M €−14,4%	5
2017 Q3	43 955 €	7 736 €	2,25 M €−20,3%	5
2017 Q2	83 603 €	8 221 €	2,82 M €+19,1%	4
2017 Q1	5 236 €	6 962 €	2,37 M €+10,9%	5
Total 2017:	132 794 €	31 969 €	9,37 M €
2016 Q4	-49 619 €	7 286 €	2,14 M €−10,9%	4
2016 Q3	4 727 €	8 179 €	2,40 M €+17,5%	4
2016 Q2	33 472 €	6 962 €	2,04 M €−9,7%	4
2016 Q1	53 219 €	7 706 €	2,26 M €+14,3%	4
Total 2016:	41 799 €	30 133 €	8,84 M €
2015 Q4	35 740 €	7 054 €	1,98 M €+0,9%	4
2015 Q3	31 423 €	6 991 €	1,96 M €+3,5%	4
2015 Q2	41 425 €	6 754 €	1,89 M €+24,1%	4
2015 Q1	48 733 €	5 441 €	1,53 M €	4
Total 2015:	157 321 €	26 240 €	7,36 M €

Revenue by industry

	2023	2024	2025
Wholesale of wood and primary wood products	15 811 812 €	17 079 118 €	14 701 394 €
Home accommodation services			1 470 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Margus Kasemets	37504XXXXXX	01.04.1975 (51)	Board member	22.02.2011	-

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Shareholders

	Personal ID code
Margus Kasemets	37504XXXXXX	01.04.1975 (51)	Shareholder	2 556 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Aare Piir	-	-	Founder	02.12.2008	-

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Ultimate beneficial owners

	Personal ID code
Margus Kasemets	37504XXXXXX	01.04.1975 (51)	Direct holding	19.10.2018	-

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Holdings in companies


Forestex OÜ	17.02.2010	Shareholder	2 556 EUR	100,00%	Sole ownership	02.09.2023	-

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2026 Q3

Turnover

Amount: 3 173 124 €
Monthly average: 1 057 708 €
Per employee: 264 427 €
Equity ratio: 41 381,38%

Labour taxes

Turnover ratio: 0,56%
Tax ratio: 10,72%
Monthly average: 5 913 €
Per employee: 1 478 €

State taxes

Monthly average: 55 155 €
Turnover ratio: 5,21%

Estimated salary

Gross salary: 2 714 €
Net salary: 2 195 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 412 676 €−27,1%	1 937 030 €+9,7%	1 765 527 €−36,1%	2 764 550 €+65,4%	1 671 105 €+85,4%	901 208 €−27,4%	1 241 321 €
Non-current assets	834 002 €+18,4%	704 164 €−17,1%	848 918 €+69,5%	500 928 €−12,6%	572 982 €−23,5%	749 392 €−7,9%	813 541 €
Total assets	2 246 678 €−14,9%	2 641 194 €−1,0%	2 667 295 €−18,3%	3 265 478 €+45,5%	2 244 087 €+36,0%	1 650 600 €−19,7%	2 054 862 €
Short-term liabilities	1 052 572 €−27,4%	1 450 561 €−4,5%	1 519 407 €−30,0%	2 171 468 €+41,8%	1 531 031 €+64,2%	932 244 €−13,7%	1 079 689 €
Long-term liabilities	15 648 €−36,9%	24 811 €−25,8%	33 454 €−71,5%	-	117 497 €−39,9%	195 573 €−21,9%	250 559 €
Total liabilities	1 068 220 €−27,6%	1 475 372 €−5,0%	1 552 861 €−28,5%	2 171 468 €+31,7%	1 648 528 €+46,2%	1 127 817 €−15,2%	1 330 248 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 133 010 €+11,9%	1 012 564 €−5,2%	1 068 058 €+87,0%	571 242 €+14,6%	498 453 €−29,9%	711 048 €+5,9%	671 352 €
Net profit	42 636 €−71,7%	150 446 €+222%	46 668 €−91,0%	519 956 €+451%	94 294 €+149%	-191 077 €−479%	50 450 €
Equity	1 178 458 €+1,1%	1 165 822 €+9,2%	1 067 359 €−2,4%	1 094 010 €+83,7%	595 559 €+13,9%	522 783 €−27,9%	724 614 €
Turnover	14 702 864 €−13,9%	17 079 118 €+8,0%	15 811 812 €−22,5%	20 405 720 €+78,3%	11 445 077 €+22,4%	9 351 731 €−35,0%	14 381 404 €
Profit margin	0,3%	0,9%	0,3%	2,5%	0,8%	-2,0%	0,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	585 577 €	157 152 €
Liquidity
Current ratio	1,3	1,1
Quick ratio	0,8	0,7
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	26,5	31,2
Asset turnover	7,4	5,9
Structure
Debt ratio	0,7	0,7
Profitability
Operating margin	2,6%	1,1%
Net profit margin	2,5%	0,8%
Return on assets (roa)	18,9%	4,8%
Return on equity (roe)	47,5%	15,8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20042713 / 12	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
K 20042713 / 11	14.04.2022	Entry – Commercial-pledge amendment entry	-	Entered into force14.04.2022
K 20042713 / 10	14.04.2022	Entry – Commercial-pledge amendment entry	-	Entered into force14.04.2022
Ä 20042713 / 9	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018
Ä 20042713 / 8	23.12.2017	Entry – Amendment entry	-	Entered into force23.12.2017

Real estate

		Purpose
Alliku, Patküla, Tõrva vald, Valga maakond	10 498 m²	Agricultural land 100%
Jaama tn 197, Tartu linn, Tartu linn, Tartu maakondSpace: 46	5849 m²	Residential land 100%
Kanepi, Hilleste küla, Hiiumaa vald, Hiiu maakond	89 092 m²	Agricultural land 100%
Kaseveere, Jaanikese küla, Valga vald, Valga maakond	48 890 m²	Agricultural land 100%
Kesk tn 133, Varnja alevik, Peipsiääre vald, Tartu maakond	3837 m²	Residential land 100%

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Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-20-11586/9	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Marian Miilaste	ECLI:EE:TMK:2020:2.20.11586.20726	12.11.2020	Open
2-20-1123/6	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Reena Undrest	ECLI:EE:PMK:2020:2.20.1123.10584	06.04.2020	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


forestex.ee	Active	18.01.2019	19.01.2027
forestextartu.ee	Active	04.07.2010	11.09.2027

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.