Elbu Mets OÜ

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 14163562
VAT no.VAT no.:: EE102328554
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 05.12.2016 (9 y)
Former business namesFormer business names:: HRE Account OÜ
CapitalCapital:: 2 500 EUR
AddressAddress:: Pere, Elbu küla, Tori vald, Pärnu maakond, 87304
StatusStatus:: Registered
LEI codeLEI code:: 9845005572AD54A4Y540

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Contacts

PhonePhone:: +372 51992918
EmailEmail:: elbu.mets@gmail.com

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Industries

AGRICULTURE, FORESTRY AND FISHING
Forestry and logging
Logging
Logging
02201 – Logging
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Legal activities and accounting
Accounting, bookkeeping, auditing and tax consultancy
Accounting, bookkeeping, auditing and tax consultancy
69202 – Accounting and tax consultancy

VAT liability

VAT no.	Start	End
EE102328554	11.01.2021	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	09.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	24.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	07.03.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	28.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	25.01.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	23.09.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	01.04.2018	Valid	PDF
2016	05.12.2016 – 31.12.2016	25.03.2017	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 30.09.2026.

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Tax debt5.3k€Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate1 .ee domains–Licenses–Regulations10 Public transactions1 Grants–State aid2 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	19 837 €	9 923 €	82 881 €+23,7%	3
2026 Q1	13 012 €	6 574 €	66 991 €+5,2%	4
Total 2026:	32 849 €	16 497 €	149 872 €
2025 Q4	13 334 €	6 244 €	63 659 €−14,3%	2
2025 Q3	22 943 €	10 764 €	74 301 €+58,5%	2
2025 Q2	14 866 €	11 567 €	46 884 €−21,4%	3
2025 Q1	11 758 €	7 774 €	59 625 €+3,4%	4
Total 2025:	62 901 €	36 349 €	244 469 €
2024 Q4	15 447 €	8 333 €	57 654 €+50,9%	4
2024 Q3	10 296 €	5 487 €	38 213 €−34,4%	4
2024 Q2	13 840 €	5 668 €	58 279 €+39,2%	2
2024 Q1	11 365 €	6 091 €	41 859 €−45,6%	2
Total 2024:	50 948 €	25 579 €	196 005 €
2023 Q4	17 233 €	5 423 €	76 942 €+182%	2
2023 Q3	5 866 €	2 733 €	27 322 €+10,7%	2
2023 Q2	2 900 €	2 361 €	24 675 €−75,7%	1
2023 Q1	10 416 €	2 458 €	101 526 €+212%	1
Total 2023:	36 415 €	12 975 €	230 465 €
2022 Q4	6 302 €	1 645 €	32 530 €+43 273%	1
2022 Q3	0 €	142 €	75 €−91,7%	1
2022 Q2	160 €	0 €	905 €+762%	1
2022 Q1	5 €	0 €	105 €−30,0%	-
Total 2022:	6 467 €	1 787 €	33 615 €
2021 Q4	-	-	150 €−90,4%	-
2021 Q3	266,91 €	19,40 €	1 558,33 €−67,0%	-
2021 Q2	864,82 €	0 €	4 717 €−61,5%	-
2021 Q1	1 276,46 €	0 €	12 260 €	1
Total 2021:	2 408,19 €	19,40 €	18 685,33 €
2020 Q4	-	-	-	1
2020 Q3	-	-	-	1
2020 Q2	-	-	-	1
2020 Q1	0 €	0 €	0 €	1
Total 2020:	0 €	0 €	0 €
2019 Q4	0 €	0 €	0 €	0
2019 Q3	0 €	0 €	0 €	0
2019 Q2	0 €	0 €	0 €	0
2019 Q1	0 €	0 €	0 €	0
Total 2019:	0 €	0 €	0 €
2018 Q4	0 €	0 €	0 €	0
2018 Q3	0 €	0 €	0 €	0
2018 Q2	0 €	0 €	0 €	0
2018 Q1	0 €	0 €	0 €	0
Total 2018:	0 €	0 €	0 €
2017 Q4	0 €	0 €	0 €	0
2017 Q3	0 €	0 €	0 €	0
2017 Q2	0 €	0 €	0 €	0
2017 Q1	0 €	0 €	0 €	0
Total 2017:	0 €	0 €	0 €
2016 Q4	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Logging		205 097 €	249 888 €
Accounting and tax consultancy	780 €	350 €	483 €
Wholesale of wood and primary wood products	95 479 €
Logging	75 381 €

Tax debts

Type	Amount	Deferred	Disputed
Value-added tax	5 343,81 €	5 343,81 €	0 €
Total	5 343,81 €	5 343,81 €	0 €

Representatives

	Personal ID code
Haldi Lippmaa	49502XXXXXX	09.02.1995 (31)	Board member	20.09.2022	-
Meelis Lippmaa	38105XXXXXX	24.05.1981 (45)	Board member	08.10.2020	-

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Shareholders

	Personal ID code
Meelis Lippmaa	38105XXXXXX	24.05.1981 (45)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Haldi Lippmaa	49502XXXXXX	09.02.1995 (31)	Founder	04.12.2016	-

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Ultimate beneficial owners

	Personal ID code
Meelis Lippmaa	38105XXXXXX	24.05.1981 (45)	Direct holding	25.01.2021	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 82 881 €
Monthly average: 27 627 €
Per employee: 9 209 €
Equity ratio: 1 105,08%

Labour taxes

Turnover ratio: 11,97%
Tax ratio: 50,02%
Monthly average: 3 308 €
Per employee: 945 €

State taxes

Monthly average: 6 612 €
Turnover ratio: 23,93%

Estimated salary

Gross salary: 1 804 €
Net salary: 1 510 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	32 102 €+497%	5 374 €−82,2%	30 113 €+25,4%	24 017 €+1 057%	2 075 €−57,3%	4 860 €+15,7%	4 202 €
Non-current assets	85 832 €+39,2%	61 660 €−6,9%	66 209 €+132%	28 500 €+618%	3 972 €	-	-
Total assets	117 934 €+75,9%	67 034 €−30,4%	96 322 €+83,4%	52 517 €+768%	6 047 €+24,4%	4 860 €+15,7%	4 202 €
Short-term liabilities	32 933 €+62,5%	20 264 €−24,0%	26 680 €+64,0%	16 266 €+325 220%	5 €	-	-
Long-term liabilities	60 488 €+142%	24 954 €−20,3%	31 292 €	-	-	-	-
Total liabilities	93 421 €+107%	45 218 €−22,0%	57 972 €+256%	16 266 €+325 220%	5 €	-	-
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	19 316 €−46,1%	35 850 €+6,2%	33 751 €+853%	3 542 €+50,1%	2 360 €+38,7%	1 702 €+80,5%	943 €
Net profit	2 697 €+116%	-16 534 €−888%	2 099 €−93,1%	30 208 €+2 456%	1 182 €+79,6%	658 €−13,3%	759 €
Equity	24 513 €+12,4%	21 816 €−43,1%	38 350 €+5,8%	36 251 €+500%	6 042 €+24,3%	4 860 €+15,7%	4 202 €
Turnover	250 371 €+21,9%	205 447 €+19,7%	171 640 €+243%	49 994 €+166%	18 790 €+1 292%	1 350 €+3,8%	1 300 €
Profit margin	1,1%	-8,0%	1,2%	60,4%	6,3%	48,7%	58,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	34 680 €	2 710 €
Liquidity
Current ratio	1,5	415,0
Quick ratio	1,5	415,0
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	-	-
Asset turnover	1,7	3,4
Structure
Debt ratio	0,3	0,0
Profitability
Operating margin	60,4%	6,3%
Net profit margin	60,4%	6,3%
Return on assets (roa)	103,2%	21,7%
Return on equity (roe)	83,3%	19,6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50042661 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50042661 / 8	20.09.2022	Entry – Amendment entry	-	Entered into force20.09.2022
Ä 50042661 / 7	09.03.2021	Entry – Amendment entry	-	Entered into force09.03.2021
Ä 50042661 / 6	08.10.2020	Entry – Amendment entry	-	Entered into force08.10.2020
Ä 50042661 / 5	19.12.2018	Entry – Amendment entry	-	Entered into force19.12.2018

Real estate

		Purpose
Kasemetsa, Elbu küla, Tori vald, Pärnu maakond	29 904 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

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


05.10.2022	Põllumajanduse Registrite ja Informatsiooni Amet	17 983,50 €Received	OTHER GRANTSAgriculture

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


01.07.2026	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 16522	Maapiirkonnas majandustegevuse arendamine (VTA) › InvesteeringudGrant	39 997,60 €	16522/2600431
27.12.2021	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 16522	Maapiirkonnas majandustegevuse arendamine (VTA) › InvesteeringudGrant	18 600 €	16522/2103095

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.