Forestec Eesti OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	10.03.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	14.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	11.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	24.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	12.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	10.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	24.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	05.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	17.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	07.04.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	09.09.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	07.09.2015	Valid	PDF
2013	01.04.2013 – 31.12.2013	10.04.2014	Valid	PDF
2012	01.01.2012 – 31.03.2013	28.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	03.05.2012	Valid	PDF
2010	18.08.2010 – 31.12.2010	31.03.2011	Valid	PDF

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No unsubmitted declarations as of 23.10.2026.

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Tax debt Reports Declarations Court decisions1 Official announcements1 TTJA decisions–Real estate6 .ee domains1 Licenses–Regulations14 Public transactions–Grants–State aid–Public procurement7 Holdings in companies5 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	9 644 €	3 058 €	38 250 €−16,3%	1
2026 Q2	10 232 €	3 058 €	45 686 €+21,8%	1
2026 Q1	8 021 €	3 233 €	37 500 €	1
Total 2026:	27 897 €	9 349 €	121 436 €
2025 Q4	12 520 €	3 729 €	37 500 €−28,8%	1
2025 Q3	9 175 €	3 729 €	52 700 €+32,5%	1
2025 Q2	12 585 €	3 729 €	39 767 €+6,0%	1
2025 Q1	0 €	3 635 €	37 500 €−59,5%	1
Total 2025:	34 280 €	14 822 €	167 467 €
2024 Q4	7 841 €	3 447 €	92 500 €+147%	1
2024 Q3	8 731 €	3 447 €	37 500 €+0,9%	1
2024 Q2	0 €	3 447 €	37 177 €−70,1%	1
2024 Q1	23 265 €	3 395 €	124 167 €−26,8%	1
Total 2024:	39 837 €	13 736 €	291 344 €
2023 Q4	25 892 €	3 290 €	169 526 €+352%	1
2023 Q3	5 212 €	3 290 €	37 500 €−56,5%	1
2023 Q2	16 624 €	3 290 €	86 191 €−15,5%	1
2023 Q1	20 431 €	3 292 €	101 943 €+115%	1
Total 2023:	68 159 €	13 162 €	395 160 €
2022 Q4	7 316 €	3 296 €	47 319 €−55,1%	1
2022 Q3	18 905 €	3 296 €	105 449 €+181%	1
2022 Q2	6 472 €	3 296 €	37 577 €−71,3%	1
2022 Q1	8 409 €	3 091 €	130 725 €+147%	1
Total 2022:	41 102 €	12 979 €	321 070 €
2021 Q4	10 983,16 €	2 717,13 €	52 843,28 €−18,5%	1
2021 Q3	12 718,83 €	2 680,53 €	64 806,80 €−36,7%	1
2021 Q2	15 164,84 €	2 680,53 €	102 413,03 €+173%	1
2021 Q1	8 028,09 €	2 680,53 €	37 575 €−11,3%	2
Total 2021:	46 894,92 €	10 758,72 €	257 638,11 €
2020 Q4	9 771,64 €	2 680,53 €	42 367 €−58,2%	2
2020 Q3	10 295,27 €	2 680,53 €	101 275,86 €+33,9%	2
2020 Q2	12 372,25 €	2 680,53 €	75 654,43 €+9,1%	2
2020 Q1	7 612 €	2 656 €	69 350 €+27,8%	3
Total 2020:	40 051,16 €	10 697,59 €	288 647,29 €
2019 Q4	13 191 €	2 945 €	54 252 €+44,5%	3
2019 Q3	8 503 €	2 945 €	37 545 €−63,6%	3
2019 Q2	20 324 €	2 739 €	103 143 €+114%	3
2019 Q1	12 056 €	2 327 €	48 118 €−11,5%	2
Total 2019:	54 074 €	10 956 €	243 058 €
2018 Q4	10 141 €	2 327 €	54 399 €+36,7%	2
2018 Q3	8 712 €	2 327 €	39 806 €−10,5%	2
2018 Q2	22 941 €	2 327 €	44 482 €−88,0%	2
2018 Q1	71 449 €	2 425 €	369 242 €+885%	2
Total 2018:	113 243 €	9 406 €	507 929 €
2017 Q4	10 013 €	2 621 €	37 500 €	2
2017 Q3	8 460 €	2 621 €	37 500 €−45,5%	2
2017 Q2	9 892 €	2 621 €	68 865 €−12,8%	2
2017 Q1	15 566 €	11 576 €	78 960 €+42,7%	2
Total 2017:	43 931 €	19 439 €	222 825 €
2016 Q4	8 483 €	3 628 €	55 345 €+3,2%	2
2016 Q3	8 506 €	3 515 €	53 620 €+1,6%	2
2016 Q2	11 001 €	3 459 €	52 758 €+0,7%	2
2016 Q1	8 693 €	3 433 €	52 370 €−83,6%	2
Total 2016:	36 683 €	14 035 €	214 093 €
2015 Q4	7 339 €	3 382 €	318 959 €	2
2015 Q3	6 710 €	3 382 €	318 959 €	2
2015 Q2	11 458 €	3 382 €	318 959 €+1,3%	2
2015 Q1	10 611 €	3 338 €	314 822 €	2
Total 2015:	36 118 €	13 484 €	1,27 M €

Revenue by industry

	2023	2024	2025
Business and other management consultancy		244 500 €	165 200 €
Business consultancy and other management advice	255 625 €
Silviculture and other forestry activities	133 087 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Aare Kurist	37402XXXXXX	18.02.1974 (52)	Board member	18.08.2010	-

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Shareholders

	Personal ID code
Aare Kurist	37402XXXXXX	18.02.1974 (52)	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Aare Kurist	37402XXXXXX	18.02.1974 (52)	Founder	18.08.2010	-

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Ultimate beneficial owners

	Personal ID code
Aare Kurist	37402XXXXXX	18.02.1974 (52)	Direct holding	18.10.2018	-

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Holdings in companies


Forestec Finance OÜ	07.09.2026	Shareholder	10 000 EUR	100,00%	Sole ownership	07.09.2026	-
Syndicate Number Two OÜ	20.12.2021	Shareholder	817 EUR	8,17%	Sole ownership	15.01.2022	-
Syndicate Number One OÜ	19.02.2021	Shareholder	667 EUR	6,67%	Sole ownership	15.04.2021	-
Farm In Productions OÜ	05.10.2015	Shareholder	11 667 EUR	6,26%	Sole ownership	16.08.2023	-
OÜ Antegenes	15.05.2018	Shareholder	71,55 EUR	2,07%	Sole ownership	01.09.2023	-

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2026 Q3

Turnover

Amount: 38 250 €
Monthly average: 12 750 €
Per employee: 12 750 €
Equity ratio: 510,00%

Labour taxes

Turnover ratio: 7,99%
Tax ratio: 31,71%
Monthly average: 1 019 €
Per employee: 1 019 €

State taxes

Monthly average: 3 215 €
Turnover ratio: 25,21%

Estimated salary

Gross salary: 1 931 €
Net salary: 1 606 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	4 921 099 €−14,8%	5 777 161 €−19,5%	7 173 306 €+1,7%	7 053 470 €−3,9%	7 342 682 €−7,2%	7 914 720 €+43,4%	5 518 170 €
Non-current assets	1 953 636 €+0,5%	1 944 144 €+12,6%	1 725 849 €−4,6%	1 808 223 €+17,9%	1 534 282 €+379%	320 090 €−0,2%	320 720 €
Total assets	6 874 735 €−11,0%	7 721 305 €−13,2%	8 899 155 €+0,4%	8 861 693 €−0,2%	8 876 964 €+7,8%	8 234 810 €+41,0%	5 838 890 €
Short-term liabilities	1 997 906 €−40,5%	3 359 218 €−37,0%	5 328 786 €−6,7%	5 708 433 €−6,1%	6 077 487 €−0,4%	6 104 129 €+69,3%	3 606 049 €
Long-term liabilities	-	-	-	-	-	95 000 €	95 000 €
Total liabilities	1 997 906 €−40,5%	3 359 218 €−37,0%	5 328 786 €−6,7%	5 708 433 €−6,1%	6 077 487 €−2,0%	6 199 129 €+67,5%	3 701 049 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	4 359 587 €+22,2%	3 567 869 €+13,2%	3 150 760 €+12,6%	2 796 977 €+37,6%	2 033 181 €−4,8%	2 135 341 €+286%	552 734 €
Net profit	514 742 €−35,0%	791 718 €+89,8%	417 109 €+17,9%	353 783 €−53,7%	763 796 €+848%	-102 160 €−106%	1 582 607 €
Equity	4 876 829 €+11,8%	4 362 087 €+22,2%	3 570 369 €+13,2%	3 153 260 €+12,6%	2 799 477 €+37,5%	2 035 681 €−4,8%	2 137 841 €
Turnover	165 200 €−32,5%	244 600 €−37,1%	388 712 €+57,2%	247 265 €−26,8%	337 661 €+31,7%	256 323 €−1,8%	260 975 €
Profit margin	311,6%	323,7%	107,3%	143,1%	226,2%	-39,9%	606,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	90 799 €	33 701 €
Liquidity
Current ratio	1,2	1,2
Quick ratio	1,2	1,2
Cash ratio	0,7	0,7
Efficiency
Days sales outstanding (dso)	1 794,0	758,2
Asset turnover	0,0	0,0
Structure
Debt ratio	0,6	0,7
Profitability
Operating margin	31,8%	7,1%
Net profit margin	143,1%	226,2%
Return on assets (roa)	4,0%	8,9%
Return on equity (roe)	11,2%	27,3%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10146801 / M1	15.07.2025	Order to remedy deficiencies for correcting extra-entry data	29.07.2025	Deficiencies remedied22.07.2025
Ä 10146801 / 13	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10146801 / 12	24.05.2023	Entry – Amendment entry	-	Entered into force24.05.2023
Ä 10146801 / 11	12.05.2022	Entry – Amendment entry	-	Entered into force12.05.2022
Ä 10146801 / 10	22.02.2022	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force22.02.2022

Real estate

		Purpose
Leevikese, Puski küla, Hiiumaa vald, Hiiu maakond	20 653 m²	Agricultural land 100%
Lillemäe tee 10, Rannamõisa küla, Harku vald, Harju maakondSpace: 29	6493 m²	Industrial land 50%, Commercial land 50%
Monaako, Metsavere küla, Põhja-Pärnumaa vald, Pärnu maakond	14 233 m²	Residential land 100%
Mändema, Metsavere küla, Põhja-Pärnumaa vald, Pärnu maakond	89 096 m²	Agricultural land 100%
Mändema, Metsavere küla, Põhja-Pärnumaa vald, Pärnu maakond	157 295 m²	Agricultural land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-18-19555/19	-	Court ruling	Bankruptcy law	Indrek Soots, Ulvi Loonurm, Krista Kirspuu	ECLI:EE:TLRK:2019:2.18.19555.10613	28.06.2019	Open

Official announcements


Notice of company merger	05.01.2018	PDF

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


09.03.2023	Reference number 213673 · tellimus 4. lepinguaasta, Forestec (4)	Riigimetsa Majandamise KeskusContracting authority	73 230,76 €	Completed
08.03.2022End 08.03.2023	Reference number 213673 · tellimus 3. lepinguaasta, Forestec (3)	Riigimetsa Majandamise KeskusContracting authority	64 643,14 €	Completed
07.03.2021End 07.03.2022	Reference number 213673 · tellimus II lepinguaasta (märts) forestec	Riigimetsa Majandamise KeskusContracting authority	71 153,09 €	Completed
07.03.2020End 31.12.2023	Reference number 213673 · Metsakasvatusteenuse töövõtuleping Forestec (7)	Riigimetsa Majandamise KeskusContracting authority	385 806 €actual 268 272,98 €	Completed
07.03.2020	Reference number 213673 · tellimus 1 lepinguaasta (märts) forestec 1	Riigimetsa Majandamise KeskusContracting authority	59 245,99 €	Completed

.ee domains


forestec.ee	Active	29.02.2020	01.03.2030

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.