ForestWay OÜ
ForestWay OÜ is a OÜ based in Tallinn, registry code 14523782, status: active. Main activity: Wholesale of wood and products for the first-stage processing of wood. According to EMTA, turnover for Q3 2026 was €787 with employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 787 €above 6% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Revenue · 2025 5.6 mn €above 95% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 0.6 %above 37% 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 787 | — | — | — |
| Q2 2026 | 18 295 | — | — | — |
| Q1 2026 | 201 987 | — | — | — |
| Q4 2025 | 792 641 | — | — | — |
| Q3 2025 | 788 976 | — | — | — |
| Q2 2025 | 344 321 | — | — | — |
| Q1 2025 | 745 045 | — | — | — |
| Q4 2024 | 640 677 | — | — | — |
| Q3 2024 | 1 105 286 | — | — | — |
| Q2 2024 | 718 244 | — | — | — |
| Q1 2024 | 466 677 | — | — | — |
| Q4 2023 | 215 776 | — | — | — |
| Q3 2023 | 1 297 836 | — | — | — |
| Q2 2023 | 754 021 | — | — | — |
| Q1 2023 | 352 164 | — | — | — |
| Q4 2022 | 511 282 | — | — | — |
| Q3 2022 | 1 063 964 | — | — | — |
| Q2 2022 | 204 883 | 41 | — | — |
| Q1 2022 | 1 142 643 | — | — | — |
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 | 5 572 934 | 35 999 | 0 | 2 369 012 | 2 113 518 | 0 |
| 2024 | 6 585 796 | -67 720 | 0 | 2 127 820 | 2 077 520 | 0 |
| 2023 | 5 525 706 | 1 527 886 | 0 | 2 162 080 | 2 145 239 | 0 |
| 2022 | 8 011 129 | 591 480 | 0 | 1 058 930 | 617 353 | 0 |
| 2021 | 8 698 833 | -8 549 | 0 | 2 165 425 | 25 873 | 0 |
| 2020 | 7 071 762 | -34 763 | 0 | 831 541 | 34 422 | 0 |
| 2019 | 6 900 750 | 69 185 | 0 | 86 145 | 69 185 | 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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 25 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 15 Jul 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 17 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 11 Jul 2018 – 31 Dec 2019 | 30 Oct 2020 | Company’s own · audited | e-Äriregister |
Board
- Ibrahim ElshalBoard member · since 11 Jul 2018
- Baltic Business Services OÜContact person · since 11 Jul 2018
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Ibrahim ElshalNatural person · 2 500 €
Beneficial owners
- Ibrahim ElshalDirect ownership · EGY · since 22 Oct 2018
Founders and other persons
- Ibrahim ElshalFounder · 2 500 € · 11 Jul 2018
- RUUT & PARTNERID AUDIITORBÜROO OÜAudit firm · 15 Jul 2022
Activities (EMTAK)
- 46831Wholesale of wood and products for the first-stage processing of wood Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50097992 / 4 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50097992 / 3 8 Feb 2023 |
Amendment entry | In force 8 Feb 2023 |
||
| Ä 50097992 / 2 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| Ä 50097992 / M1 7 Jul 2022 |
Procedural ruling | 21 Jul 2022 | Deficiencies eliminated 18 Jul 2022 |
|
| Ä 50097992 11 Jul 2018 |
First entry | In force 11 Jul 2018 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data