Forestex Tartu OÜ
Active Registry code 11540946
OÜ Tartu linn Registered 4 Dec 2008
Forestex Tartu OÜ is a OÜ based in Tartu linn, registry code 11540946, status: active. Main activity: Wholesale of wood and products for the first-stage processing of wood. According to EMTA, turnover for Q3 2026 was €3 173 124 with 4 employees.
Turnover
3 173 124 €
↓ 16.0% vs Q2 2026
State taxes
165 465 €
↓ 34.5% vs Q2 2026
Labour taxes
17 740 €
↑ 39.1% vs Q2 2026
Employees
4
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.2 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 4 435 €above 81% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 14.7 mn €above 98% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 0.3 %above 34% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 3 173 124 | 165 465 | 17 740 | 4 |
| Q2 2026 | 3 777 243 | 252 700 | 12 751 | 4 |
| Q1 2026 | 5 457 711 | 245 936 | 16 704 | 4 |
| Q4 2025 | 3 788 543 | 206 891 | 13 297 | 4 |
| Q3 2025 | 2 462 226 | 79 763 | 19 019 | 4 |
| Q2 2025 | 5 110 867 | 282 668 | 15 380 | 4 |
| Q1 2025 | 6 143 555 | 222 628 | 22 442 | 5 |
| Q4 2024 | 4 593 588 | 93 747 | 15 262 | 6 |
| Q3 2024 | 4 801 063 | 298 417 | 19 988 | 5 |
| Q2 2024 | 5 469 534 | 364 787 | 15 487 | 5 |
| Q1 2024 | 5 148 678 | 203 834 | 18 801 | 5 |
| Q4 2023 | 3 862 342 | 144 290 | 15 505 | 5 |
| Q3 2023 | 3 047 635 | 157 012 | 17 551 | 5 |
| Q2 2023 | 5 844 751 | 302 184 | 12 857 | 5 |
| Q1 2023 | 7 148 948 | 237 214 | 19 600 | 5 |
| Q4 2022 | 7 460 818 | 263 431 | 14 443 | 5 |
| Q3 2022 | 4 251 937 | 101 106 | 13 518 | 5 |
| Q2 2022 | 4 668 515 | 189 763 | 13 136 | 5 |
| Q1 2022 | 4 533 982 | 237 043 | 17 544 | 5 |
Labour taxes per employee per month
1 478 €
Turnover per employee in the quarter
793 281 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 14 702 864 | 42 636 | 157 673 | 2 246 678 | 1 178 458 | 4 |
| 2024 | 17 079 118 | 150 446 | 166 614 | 2 641 194 | 1 165 822 | 5 |
| 2023 | 15 811 812 | 15 303 | 159 019 | 2 588 467 | 1 067 359 | 5 |
| 2022 | 20 405 721 | 519 956 | 138 389 | 3 265 478 | 1 094 010 | 4 |
| 2021 | 11 445 077 | 94 294 | 117 319 | 2 244 087 | 595 559 | 4 |
| 2020 | 9 351 731 | -191 077 | 106 057 | 1 650 600 | 522 783 | 4 |
| 2019 | 14 381 404 | 50 450 | 116 607 | 2 054 862 | 724 614 | 5 |
| 2018 | — | — | — | — | — | 4 |
| 2017 | — | — | — | — | — | 4 |
| 2016 | — | — | — | — | — | 4 |
| 2015 | — | — | — | — | — | 4 |
| 2014 | — | — | — | — | — | 3 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 3 |
| 2010 | — | — | — | — | — | 3 |
| 2009 | — | — | — | — | — | 2 |
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
0.3 %
Net profit / revenue
Return on equity (ROE)
3.6 %
Net profit / equity
Return on assets (ROA)
1.9 %
Net profit / assets
Equity ratio
52.5 %
Equity / assets
Debt ratio
47.5 %
Liabilities / assets
Current ratio
1.34
Current assets / current liabilities
Revenue per employee
3 675 716 €
Revenue / average full-time employees
Labour cost per employee per month
3 285 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 13 May 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 26 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 5 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 23 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 22 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 17 Apr 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 75 000 € | Swedbank AS | 13 Jul 2015 – in force |
| 1 | 195 000 € | Swedbank AS | 5 Dec 2013 – in force |
Board
- Margus KasemetsBoard member · since 22 Feb 2011
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Margus KasemetsNatural person · 2 556 €
Owner in
- 100%
Beneficial owners
- Margus KasemetsDirect ownership · since 19 Oct 2018
Founders and other persons
- Aare PiirFounder · 40 000 € · 2 Dec 2008
Related companies
Activities (EMTAK)
- 46831Wholesale of wood and products for the first-stage processing of wood Main
- 55205Bed-and-breakfast
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20042713 / 12 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| K 20042713 / 11 14 Apr 2022 |
Commercial pledge amended | In force 14 Apr 2022 |
||
| K 20042713 / 10 14 Apr 2022 |
Commercial pledge amended | In force 14 Apr 2022 |
||
| Ä 20042713 / 9 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 20042713 / 8 23 Dec 2017 |
Amendment entry | In force 23 Dec 2017 |
||
| Ä 20042713 / 7 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| K 20042713 / 6 13 Jul 2015 |
Commercial pledge entered | In force 13 Jul 2015 |
||
| K 20042713 / 5 13 Jul 2015 |
Commercial pledge amended | In force 13 Jul 2015 |
||
| K 20042713 / M3 12 Jul 2015 |
Ruling to eliminate deficiencies | 11 Aug 2015 | Deficiencies eliminated 13 Jul 2015 |
|
| K 20042713 / 4 5 Dec 2013 |
Commercial pledge entered | In force 5 Dec 2013 |
||
| K 20042713 / M2 26 Nov 2013 |
Ruling to eliminate deficiencies | 11 Dec 2013 | Deficiencies eliminated 5 Dec 2013 |
|
| Ä 20042713 / 3 21 Oct 2011 |
Amendment entry | In force 21 Oct 2011 |
||
| Ä 20042713 / M1 17 Oct 2011 |
Ruling to eliminate deficiencies | 17 Nov 2011 | In force 17 Oct 2011 |
|
| Ä 20042713 / 2 22 Feb 2011 |
Entry to enforce another court decision | In force 22 Feb 2011 |
||
| Ä 42713 4 Dec 2008 |
First entry | In force 4 Dec 2008 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data