OÜ FORSEL

Active Registry code 10393124 OÜ Tallinn Registered 26 Feb 1998

OÜ FORSEL is a OÜ based in Tallinn, registry code 10393124, status: active. Main activity: Retail sale of flowers, plants, seeds, transplants and fertilizers. According to EMTA, turnover for Q3 2026 was €844 with employees.

Turnover

844 €

↓ 98.4% vs Q2 2026

State taxes

1 555 €

↓ 77.2% vs Q2 2026

Labour taxes

1 493 €

↓ 53.0% vs Q2 2026

Employees

—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 844 €

above 10% of companies

industry median 23 652 € · companies in the industry: 7 652
Revenue · 2025 182 100 €

above 81% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 10.4 %

above 76% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 844 € · −98.4% vs Q2 2026 · industry median 23 652 € · above 10% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2026: 3 178 € · +306.3% vs Q1 2026 · industry median 1 131 € · above 91% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2026: 1 · −75.0% vs Q1 2026

State taxes, € Q3 2026: 1 555 € · −77.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	844	1 555	1 493	—
Q2 2026	51 763	6 828	3 178	1
Q1 2026	33 451	5 427	3 129	4
Q4 2025	40 657	5 626	3 178	4
Q3 2025	43 971	7 229	3 169	4
Q2 2025	60 362	8 054	3 169	4
Q1 2025	38 606	5 576	3 412	4
Q4 2024	37 747	4 957	3 436	4
Q3 2024	37 916	5 242	3 436	4
Q2 2024	56 889	7 472	3 436	4
Q1 2024	32 876	4 502	3 087	4
Q4 2023	36 163	4 944	2 930	4
Q3 2023	39 257	4 821	2 857	4
Q2 2023	64 798	7 536	2 709	4
Q1 2023	44 076	5 711	2 574	4
Q4 2022	42 063	5 802	2 991	4
Q3 2022	38 380	4 726	3 188	4
Q2 2022	60 042	6 856	3 099	4
Q1 2022	40 245	5 910	3 127	4

Financials by year

2016 – 2025

Revenue, € thousand 2025: 182 100 € · +8.0% vs 2024 · industry median 16 974 € · above 81% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 18 918 € · +472 850.0% vs 2024 · industry median 0 € · above 90% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 10.4 % · +10.4 pp vs the year before · industry median 1.3 % · above 76% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 54 566 € · +53.5% vs 2024

Equity, € 2025: 49 057 € · +62.8% vs 2024

Employees 2025: 2 · −33.3% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	182 100	18 918	37 658	54 566	49 057	2
2024	168 679	4	43 962	35 537	30 139	3
2023	179 796	12 235	38 969	35 191	30 135	3
2022	181 400	13 946	40 087	23 099	17 900	3
2021	162 370	100	40 350	9 190	3 955	3
2020	143 932	-8 860	34 854	8 725	3 855	3
2019	141 475	246	35 618	16 965	12 715	3
2018	—	—	—	—	—	4
2017	—	—	—	—	—	5
2016	—	—	—	—	—	7
2015	—	—	—	—	—	7
2014	—	—	—	—	—	4
2013	—	—	—	—	—	4
2012	—	—	—	—	—	4
2011	—	—	—	—	—	4
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	5
2007	—	—	—	—	—	5
2006	—	—	—	—	—	6
2005	—	—	—	—	—	6
2004	—	—	—	—	—	7
2003	—	—	—	—	—	5
2002	—	—	—	—	—	4
2000	—	—	—	—	—	0
1997	—	—	—	—	—	3

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

10.4 %

Net profit / revenue

Return on equity (ROE)

38.6 %

Net profit / equity

Return on assets (ROA)

34.7 %

Net profit / assets

Equity ratio

89.9 %

Equity / assets

Debt ratio

10.1 %

Liabilities / assets

Current ratio

9.90

Current assets / current liabilities

Revenue per employee

91 050 €

Revenue / average full-time employees

Labour cost per employee per month

1 569 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	2 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	6 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	19 Apr 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	31 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	9 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	25 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	25 Mar 2020	Company’s own	e-Äriregister

Board

Ülle Forsel
Board member · since 26 Feb 1998

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Ülle Forsel
Natural person · 7 056 €

100%

Beneficial owners

Ülle Forsel
Direct ownership · since 21 Mar 2019

Founders and other persons

No other persons.

Activities (EMTAK)

47761Retail sale of flowers, plants, seeds, transplants and fertilizers Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10025988 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10025988 / 8 4 Jan 2022	Amendment entry		In force 4 Jan 2022	PDF
Ä 10025988 / 7 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10025988 / 6 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10025988 / 5 18 Feb 2015	Amendment entry		In force 18 Feb 2015	PDF
Ä 10025988 / 4 11 Aug 2011	Amendment entry		In force 11 Aug 2011	PDF
Ä 10025988 / M6 4 Aug 2011	Ruling to eliminate deficiencies	30 Sep 2011	In force 4 Aug 2011	PDF
Ä 10025988 / M5 12 Jul 2011	Ruling to eliminate deficiencies	1 Aug 2011	In force 12 Jul 2011	PDF
Ä 10025988 / M4 29 Jun 2011	Ruling to eliminate deficiencies	15 Jul 2011	In force 29 Jun 2011	PDF
Ä 10025988 / M3 16 Jun 2011	Ruling to eliminate deficiencies	30 Jun 2011	In force 16 Jun 2011	PDF
Ä 25988 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 15 Dec 2008	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data