Forest Reserves OÜ
Active Registry code 11603960
OÜ Tartu linn Registered 25 Mar 2009
Forest Reserves OÜ is a OÜ based in Tartu linn, registry code 11603960, status: active. Main activity: Support services to forestry. According to EMTA, turnover for Q3 2026 was €914 792 with 4 employees.
Turnover
914 792 €
↑ 56.9% vs Q2 2026
State taxes
250 696 €
↑ 137.5% vs Q2 2026
Labour taxes
22 848 €
↑ 27.8% 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 914 792 €above 98% of companiesindustry median 14 400 € · companies in the industry: 1 834
- Labour taxes per employee 5 712 €above 98% of companiesindustry median 1 226 € · companies in the industry: 1 276
- Revenue · 2025 6.5 mn €above 98% of companiesindustry median 29 224 € · companies in the industry: 2 730
- Net profit margin · 2025 14.6 %above 65% of companiesindustry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 914 792 | 250 696 | 22 848 | 4 |
| Q2 2026 | 583 013 | 105 563 | 17 881 | 4 |
| Q1 2026 | 301 987 | 159 138 | 20 658 | 4 |
| Q4 2025 | 659 275 | 207 170 | 19 460 | 4 |
| Q3 2025 | 559 389 | 211 535 | 29 966 | 4 |
| Q2 2025 | 349 251 | 108 874 | 21 621 | 4 |
| Q1 2025 | -90 512 | 79 295 | 23 452 | 4 |
| Q4 2024 | 854 062 | 240 199 | 28 312 | 6 |
| Q3 2024 | 377 909 | 169 162 | 43 059 | 7 |
| Q2 2024 | 762 334 | 225 461 | 35 044 | 7 |
| Q1 2024 | 620 768 | 252 895 | 44 252 | 4 |
| Q4 2023 | 678 738 | 190 003 | 32 506 | 5 |
| Q3 2023 | 444 626 | 135 166 | 38 165 | 5 |
| Q2 2023 | 413 582 | 120 792 | 34 358 | 5 |
| Q1 2023 | 260 255 | 106 474 | 38 521 | 5 |
| Q4 2022 | 1 436 281 | 344 144 | 38 306 | 5 |
| Q3 2022 | 699 686 | 191 907 | 35 706 | 6 |
| Q2 2022 | 1 243 524 | 284 383 | 42 632 | 7 |
| Q1 2022 | 55 351 | 103 746 | 37 037 | 7 |
Labour taxes per employee per month
1 904 €
Turnover per employee in the quarter
228 698 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 6 472 003 | 944 028 | 215 430 | 16 446 229 | 8 610 139 | 3 |
| 2024 | 4 258 011 | -766 453 | 235 573 | 19 023 002 | 8 179 111 | 4 |
| 2023 | 4 657 237 | 705 632 | 262 245 | 20 663 680 | 9 640 507 | 5 |
| 2022 | 9 089 560 | 4 338 619 | 300 743 | 19 754 457 | 9 439 714 | 5 |
| 2021 | 13 319 870 | 2 182 874 | 276 352 | 15 304 375 | 5 561 847 | 6 |
| 2020 | 7 041 971 | 1 995 790 | 180 559 | 12 202 814 | 4 608 877 | 5 |
| 2019 | 3 996 166 | 412 036 | 136 481 | 5 999 742 | 1 995 348 | 5 |
| 2018 | — | — | — | — | — | 4 |
| 2017 | — | — | — | — | — | 5 |
| 2016 | — | — | — | — | — | 4 |
| 2015 | — | — | — | — | — | 3 |
| 2014 | — | — | — | — | — | 2 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 3 |
| 2010 | — | — | — | — | — | 2 |
| 2009 | — | — | — | — | — | 0 |
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
14.6 %
Net profit / revenue
Return on equity (ROE)
11.0 %
Net profit / equity
Return on assets (ROA)
5.7 %
Net profit / assets
Equity ratio
52.4 %
Equity / assets
Debt ratio
47.6 %
Liabilities / assets
Current ratio
0.51
Current assets / current liabilities
Revenue per employee
2 157 334 €
Revenue / average full-time employees
Labour cost per employee per month
5 984 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 2 Jul 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 31 Oct 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 20 Aug 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 22 Aug 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 17 Jan 2023 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Dec 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 14 Oct 2020 | Company’s own · audited | e-Äriregister |
Board
- Jevgeni SmirnovBoard member · since 25 Mar 2009
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Jevgeni SmirnovNatural person · 2 556 €
Owner in
- 100%
Beneficial owners
- Jevgeni SmirnovDirect ownership · since 10 Sep 2018
Founders and other persons
- Jevgeni SmirnovFounder · 40 000 € · 24 Mar 2009
Related companies
Activities (EMTAK)
- 02401Support services to forestry Main
- 01111Growing of cereals, other than rice, leguminous crops and oil seeds
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20044145 / 11 10 Oct 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 10 Oct 2025 |
||
| Ä 20044145 / M3 22 Aug 2024 |
Fine annulled | In force 22 Aug 2024 |
||
| Ä 20044145 / M1 8 Jul 2024 |
Warning of a fine: annual report not filed | 7 Aug 2024 | In force 8 Jul 2024 |
|
| Ä 20044145 / 10 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 20044145 / 9 4 Sep 2020 |
Second (constitutive) merger entry | In force 4 Sep 2020 |
||
| Ä 20044145 / 8 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20044145 / 7 19 Dec 2017 |
Amendment entry | In force 19 Dec 2017 |
||
| Ä 20044145 / 6 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20044145 / 5 6 Dec 2016 |
Amendment entry | In force 6 Dec 2016 |
||
| Ä 20044145 / 4 23 Jan 2015 |
Amendment under Commercial Code § 525 (2) | In force 23 Jan 2015 |
||
| Ä 20044145 / 3 26 Dec 2011 |
Amendment entry | In force 26 Dec 2011 |
||
| Ä 20044145 / 2 17 Aug 2011 |
Amendment under Commercial Code § 525 (2) | In force 17 Aug 2011 |
||
| Ä 44145 25 Mar 2009 |
First entry | In force 25 Mar 2009 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data