Forestek OÜ

Active Registry code 14934048 OÜ Tartu linn Registered 10 Mar 2020
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Forestek OÜ is a OÜ based in Tartu linn, registry code 14934048, status: active. Main activity: Silviculture and other forestry activities. Its annual report for 2025 shows revenue of €12 274 and 2 employees.

Turnover
—
State taxes
199 €
↓ 73.7% vs Q2 2026
Labour taxes
324 €
↓ 66.0% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

  • Labour taxes per employee 162 €
    industry median 1 226 € · companies in the industry: 1 276
  • Revenue · 2025 12 274 €
    industry median 29 119 € · companies in the industry: 2 731
  • Net profit margin · 2025 -35.8 %
    industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 162 € · −66.0% vs Q2 2026 · industry median 1 226 € · above 5% of the industry
05001 0001 500Q4 2023 Company: 188 € Industry median: 1 083 €Q4·23Q1 2024 Company: 324 € Industry median: 1 091 €Q2 2024 Company: 724 € Industry median: 1 128 €Q2·24Q3 2024 Company: 724 € Industry median: 1 119 €Q4 2024 Company: 724 € Industry median: 1 188 €Q4·24Q1 2025 Company: 657 € Industry median: 1 209 €Q2 2025 Company: 697 € Industry median: 1 257 €Q2·25Q3 2025 Company: 570 € Industry median: 1 175 €Q4 2025 Company: 683 € Industry median: 1 287 €Q4·25Q1 2026 Company: 438 € Industry median: 1 232 €Q2 2026 Company: 477 € Industry median: 1 221 €Q2·26Q3 2026 Company: 162 € Industry median: 1 226 €Q3·2605001 0001 500Q4 2024 Company: 724 € Industry median: 1 188 €Q1 2025 Company: 657 € Industry median: 1 209 €Q1·25Q2 2025 Company: 697 € Industry median: 1 257 €Q3 2025 Company: 570 € Industry median: 1 175 €Q3·25Q4 2025 Company: 683 € Industry median: 1 287 €Q1 2026 Company: 438 € Industry median: 1 232 €Q1·26Q2 2026 Company: 477 € Industry median: 1 221 €Q3 2026 Company: 162 € Industry median: 1 226 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 199 € · −73.7% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 273 €Q4·23Q1 2024 Company: 516 €Q2 2024 Company: 1 220 €Q2·24Q3 2024 Company: 1 219 €Q4 2024 Company: 1 219 €Q4·24Q1 2025 Company: 1 091 €Q2 2025 Company: 1 163 €Q2·25Q3 2025 Company: 947 €Q4 2025 Company: 1 148 €Q4·25Q1 2026 Company: 730 €Q2 2026 Company: 756 €Q2·26Q3 2026 Company: 199 €Q3·2602505007501 0001 250Q4 2024 Company: 1 219 €Q1 2025 Company: 1 091 €Q1·25Q2 2025 Company: 1 163 €Q3 2025 Company: 947 €Q3·25Q4 2025 Company: 1 148 €Q1 2026 Company: 730 €Q1·26Q2 2026 Company: 756 €Q3 2026 Company: 199 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 199 324 2
Q2 2026 — 756 954 2
Q1 2026 — 730 876 2
Q4 2025 — 1 148 1 366 2
Q3 2025 — 947 1 139 2
Q2 2025 — 1 163 1 393 2
Q1 2025 — 1 091 1 313 2
Q4 2024 — 1 219 1 448 2
Q3 2024 — 1 219 1 448 2
Q2 2024 — 1 220 1 448 2
Q1 2024 — 516 648 2
Q4 2023 — 273 375 2
Q3 2023 — 273 375 2
Q2 2023 — 704 807 2
Q1 2023 — 491 537 2
Q4 2022 — 920 1 023 2
Q3 2022 — 920 1 023 2
Q2 2022 — 797 876 2
Q1 2022 — 956 1 070 2
Labour taxes per employee per month
54 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € 2025: 12 274 € · −68.9% vs 2024 · industry median 29 119 € · above 37% of the industry
010 00020 00030 00040 0002020 Company: 18 150 € Industry median: 20 680 €20202021 Company: 39 507 € Industry median: 23 046 €20212022 Company: 33 778 € Industry median: 29 965 €20222023 Company: 17 781 € Industry median: 26 673 €20232024 Company: 39 457 € Industry median: 26 834 €20242025 Company: 12 274 € Industry median: 29 119 €2025010 00020 00030 00040 0002020 Company: 18 150 € Industry median: 20 680 €2021 Company: 39 507 € Industry median: 23 046 €20212022 Company: 33 778 € Industry median: 29 965 €2023 Company: 17 781 € Industry median: 26 673 €20232024 Company: 39 457 € Industry median: 26 834 €2025 Company: 12 274 € Industry median: 29 119 €2025
  • 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: -4 393 € · −149.0% vs 2024 · industry median 272 € · above 18% of the industry
-10 000010 00020 00030 0002020 Company: 14 540 € Industry median: 517 €20202021 Company: 29 339 € Industry median: 839 €20212022 Company: -7 511 € Industry median: 1 883 €20222023 Company: -918 € Industry median: 622 €20232024 Company: 8 963 € Industry median: 481 €20242025 Company: -4 393 € Industry median: 272 €2025-10 000010 00020 00030 0002020 Company: 14 540 € Industry median: 517 €2021 Company: 29 339 € Industry median: 839 €20212022 Company: -7 511 € Industry median: 1 883 €2023 Company: -918 € Industry median: 622 €20232024 Company: 8 963 € Industry median: 481 €2025 Company: -4 393 € Industry median: 272 €2025
  • 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: -35.8 % · −58.5 pp vs the year before · industry median 4.9 % · above 10% of the industry
-50-2502550751002020 Company: 80.1 % Industry median: 6.8 %20202021 Company: 74.3 % Industry median: 8.1 %20212022 Company: -22.2 % Industry median: 11.3 %20222023 Company: -5.2 % Industry median: 6.9 %20232024 Company: 22.7 % Industry median: 6.0 %20242025 Company: -35.8 % Industry median: 4.9 %2025-50-2502550751002020 Company: 80.1 % Industry median: 6.8 %2021 Company: 74.3 % Industry median: 8.1 %20212022 Company: -22.2 % Industry median: 11.3 %2023 Company: -5.2 % Industry median: 6.9 %20232024 Company: 22.7 % Industry median: 6.0 %2025 Company: -35.8 % Industry median: 4.9 %2025
  • 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: 44 980 € · −9.2% vs 2024
010 00020 00030 00040 00050 0002020 Company: 17 155 €20202021 Company: 47 797 €20212022 Company: 39 946 €20222023 Company: 38 900 €20232024 Company: 49 517 €20242025 Company: 44 980 €2025010 00020 00030 00040 00050 0002020 Company: 17 155 €2021 Company: 47 797 €20212022 Company: 39 946 €2023 Company: 38 900 €20232024 Company: 49 517 €2025 Company: 44 980 €2025
Equity, € 2025: 42 520 € · −9.4% vs 2024
010 00020 00030 00040 00050 0002020 Company: 17 040 €20202021 Company: 46 379 €20212022 Company: 38 868 €20222023 Company: 37 950 €20232024 Company: 46 913 €20242025 Company: 42 520 €2025010 00020 00030 00040 00050 0002020 Company: 17 040 €2021 Company: 46 379 €20212022 Company: 38 868 €2023 Company: 37 950 €20232024 Company: 46 913 €2025 Company: 42 520 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 60% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 120202021 Company: 2 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 2 Industry median: 120250.00.51.01.52.02020 Company: 0 Industry median: 12021 Company: 2 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 2 Industry median: 12025
  • 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
2025 12 274 -4 393 15 422 44 980 42 520 2
2024 39 457 8 963 24 563 49 517 46 913 2
2023 17 781 -918 9 508 38 900 37 950 1
2022 33 778 -7 511 11 479 39 946 38 868 1
2021 39 507 29 339 6 835 47 797 46 379 2
2020 18 150 14 540 0 17 155 17 040 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
-35.8 %
Net profit / revenue
Return on equity (ROE)
-10.3 %
Net profit / equity
Return on assets (ROA)
-9.8 %
Net profit / assets
Equity ratio
94.5 %
Equity / assets
Debt ratio
5.5 %
Liabilities / assets
Current ratio
18.28
Current assets / current liabilities
Revenue per employee
6 137 €
Revenue / average full-time employees
Labour cost per employee per month
643 €
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 3 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Sep 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Oct 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 7 Aug 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 12 Oct 2022 Company’s own e-Äriregister
2020 20 Mar 2020 – 31 Dec 2020 16 Mar 2022 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Sigmar Kurnasov
    Member of a senior management body (management or supervisory board) · since 10 Mar 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 02101Silviculture and other forestry activities Main
Rulings
Number, date Title Deadline State Document
Ä 50142246 / M3
5 Sep 2024
Warning of deletion from the register: annual report not filed 9 Dec 2024 Deficiencies eliminated
15 Oct 2024
PDF
Ä 50142246 / M2
16 Jul 2024
Warning of deletion from the register: annual report not filed 19 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 50142246 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50142246 / M1
9 Mar 2022
Warning of a fine: annual report not filed 8 Apr 2022 Deficiencies eliminated
16 Mar 2022
PDF
Ä 50142246 / 2
7 Oct 2020
Amendment under Commercial Code § 525 (2) In force
7 Oct 2020
PDF
Ä 50142246
10 Mar 2020
First entry In force
10 Mar 2020
PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data