THV Forest OÜ is a OÜ based in Tartu linn, registry code 12868821, status: active. Main activity: Silviculture and other forestry activities. Its annual report for 2025 shows revenue of €262 554 and 5 employees.
Turnover
—
State taxes
5 454 €
↑ 57.3%vs Q2 2026
Labour taxes
5 794 €
↑ 58.1%vs Q2 2026
Employees
4
−1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Forestry and logging · EMTAK 02
Labour taxes per employee1 449 €
above 59% of companies
industry median 1 226 € · companies in the industry: 1 276
Revenue · 2025262 554 €
above 85% of companies
industry median 29 224 € · companies in the industry: 2 730
Net profit margin · 2025-3.7 %
above 27% of companies
industry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 449 € · +97.6% vs Q2 2026 · industry median 1 226 € · above 59% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 4 · −20.0% vs Q2 2026State taxes, € Q3 2026: 5 454 € · +57.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
5 454
5 794
4
Q2 2026
—
3 467
3 665
5
Q1 2026
—
2 949
3 135
3
Q4 2025
—
4 786
5 014
3
Q3 2025
—
4 947
5 236
4
Q2 2025
—
3 343
3 495
5
Q1 2025
—
4 513
4 806
3
Q4 2024
—
5 343
5 717
4
Q3 2024
—
5 535
5 928
6
Q2 2024
—
3 984
4 258
7
Q1 2024
—
4 222
4 481
5
Q4 2023
—
4 653
4 958
4
Q3 2023
—
5 926
6 359
5
Q2 2023
—
2 500
2 668
5
Q1 2023
—
2 520
2 686
3
Q4 2022
—
3 217
3 418
3
Q3 2022
—
3 531
3 767
4
Q2 2022
—
2 269
2 415
4
Q1 2022
—
2 343
2 491
3
Labour taxes per employee per month
483 €
Q3 2026 · calculated from EMTA data
Financials by year
2017 – 2026
Revenue, € thousand 2025: 262 554 € · −17.4% vs 2024 · industry median 29 224 € · above 85% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -9 816 € · −147.2% vs 2024 · industry median 275 € · above 12% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -3.7 % · −10.3 pp vs the year before · industry median 4.9 % · above 27% of the industry
Company
Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 32 310 € · −23.4% vs 2024Equity, € 2025: 30 095 € · −24.8% vs 2024Employees2026: 4 · −20.0% vs 2025 · industry median 2 · above 95% of the industry
Company
Industry median
Industry: Forestry and logging (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
2026
—
—
—
—
—
4
2025
262 554
-9 816
63 204
32 310
30 095
5
2024
317 685
20 816
63 851
42 198
40 017
6
2023
221 987
2 119
45 667
20 589
19 201
5
2022
145 142
-9 394
38 586
22 333
17 760
4
2021
183 927
9 975
41 254
28 607
27 154
4
2020
200 064
3 878
50 061
19 208
17 179
4
2019
—
—
—
—
—
4
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
1
2015
—
—
—
—
—
1
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
-3.7 %
Net profit / revenue
Return on equity (ROE)
-32.6 %
Net profit / equity
Return on assets (ROA)
-30.4 %
Net profit / assets
Equity ratio
93.1 %
Equity / assets
Debt ratio
6.9 %
Liabilities / assets
Current ratio
8.65
Current assets / current liabilities
Revenue per employee
52 511 €
Revenue / average full-time employees
Labour cost per employee per month
1 053 €
Labour costs / employees / 12 months (incl. employer taxes)
