Combiforest OÜ

Active Registry code 16925734 OÜ Tallinn Registered 21 Feb 2024
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Combiforest OÜ is a OÜ based in Tallinn, registry code 16925734, status: active. Main activity: Wholesale of wood and products for the first-stage processing of wood. According to EMTA, turnover for Q3 2026 was €11 291 277 with 24 employees.

Turnover
11 291 277 €
↓ 42.7% vs Q2 2026
State taxes
0 €
Labour taxes
182 499 €
↑ 5.0% vs Q2 2026
Employees
24
±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 11.3 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 7 604 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2025 73.9 mn €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 3.5 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 11 291 277 € · −42.7% vs Q2 2026 · industry median 60 065 € · above 98% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: — Industry median: 69 842 €Q4·23Q1 2024 Company: 0 € Industry median: 60 423 €Q2 2024 Company: 0 € Industry median: 66 207 €Q2·24Q3 2024 Company: 17 189 194 € Industry median: 63 101 €Q4 2024 Company: 21 548 837 € Industry median: 65 867 €Q4·24Q1 2025 Company: 21 488 991 € Industry median: 59 713 €Q2 2025 Company: 22 115 799 € Industry median: 61 800 €Q2·25Q3 2025 Company: 12 980 963 € Industry median: 59 911 €Q4 2025 Company: 18 842 062 € Industry median: 59 583 €Q4·25Q1 2026 Company: 19 321 036 € Industry median: 53 954 €Q2 2026 Company: 19 707 659 € Industry median: 61 600 €Q2·26Q3 2026 Company: 11 291 277 € Industry median: 60 065 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 21 548 837 € Industry median: 65 867 €Q1 2025 Company: 21 488 991 € Industry median: 59 713 €Q1·25Q2 2025 Company: 22 115 799 € Industry median: 61 800 €Q3 2025 Company: 12 980 963 € Industry median: 59 911 €Q3·25Q4 2025 Company: 18 842 062 € Industry median: 59 583 €Q1 2026 Company: 19 321 036 € Industry median: 53 954 €Q1·26Q2 2026 Company: 19 707 659 € Industry median: 61 600 €Q3 2026 Company: 11 291 277 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 604 € · +5.0% vs Q2 2026 · industry median 2 104 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: — Industry median: 1 903 €Q4·23Q1 2024 Company: — Industry median: 1 948 €Q2 2024 Company: 0 € Industry median: 1 960 €Q2·24Q3 2024 Company: 4 222 € Industry median: 2 029 €Q4 2024 Company: 5 659 € Industry median: 2 008 €Q4·24Q1 2025 Company: 6 297 € Industry median: 2 079 €Q2 2025 Company: 9 385 € Industry median: 2 091 €Q2·25Q3 2025 Company: 8 181 € Industry median: 2 158 €Q4 2025 Company: 6 850 € Industry median: 2 169 €Q4·25Q1 2026 Company: 6 815 € Industry median: 2 089 €Q2 2026 Company: 7 239 € Industry median: 2 068 €Q2·26Q3 2026 Company: 7 604 € Industry median: 2 104 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 5 659 € Industry median: 2 008 €Q1 2025 Company: 6 297 € Industry median: 2 079 €Q1·25Q2 2025 Company: 9 385 € Industry median: 2 091 €Q3 2025 Company: 8 181 € Industry median: 2 158 €Q3·25Q4 2025 Company: 6 850 € Industry median: 2 169 €Q1 2026 Company: 6 815 € Industry median: 2 089 €Q1·26Q2 2026 Company: 7 239 € Industry median: 2 068 €Q3 2026 Company: 7 604 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 24 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 25Q4·23Q1 2024 Company: 25Q2 2024 Company: 23Q2·24Q3 2024 Company: 22Q4 2024 Company: 24Q4·24Q1 2025 Company: 24Q2 2025 Company: 24Q2·25Q3 2025 Company: 24Q4 2025 Company: 23Q4·25Q1 2026 Company: 24Q2 2026 Company: 24Q2·26Q3 2026 Company: 24Q3·260510152025Q4 2024 Company: 24Q1 2025 Company: 24Q1·25Q2 2025 Company: 24Q3 2025 Company: 24Q3·25Q4 2025 Company: 23Q1 2026 Company: 24Q1·26Q2 2026 Company: 24Q3 2026 Company: 24Q3·26
State taxes, € Q3 2026: 0 €
0.00.00.00.00.00.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 11 291 277 — 182 499 24
Q2 2026 19 707 659 — 173 737 24
Q1 2026 19 321 036 — 163 562 24
Q4 2025 18 842 062 — 157 550 23
Q3 2025 12 980 963 — 196 349 24
Q2 2025 22 115 799 — 225 247 24
Q1 2025 21 488 991 — 151 125 24
Q4 2024 21 548 837 — 135 820 24
Q3 2024 17 189 194 — 92 889 22
Q2 2024 — — — 23
Q1 2024 — — — 25
Q4 2023 — — — 25
Q3 2023 — — — 25
Q2 2023 — — — 24
Q1 2023 — — — 25
Q4 2022 — — — 25
Q3 2022 — — — 25
Q2 2022 — — — 25
Q1 2022 — — — 25
Labour taxes per employee per month
2 535 €
Turnover per employee in the quarter
470 470 €

Q3 2026 · calculated from EMTA data

Financials by year

2024 – 2025
Revenue, € thousand 2025: 73 863 703 € · +65.7% vs 2024 · industry median 63 691 € · above 98% of the industry
020 00040 00060 00080 0002024 Company: 44 588 012 € Industry median: 60 216 €20242025 Company: 73 863 703 € Industry median: 63 691 €2025020 00040 00060 00080 0002024 Company: 44 588 012 € Industry median: 60 216 €2025 Company: 73 863 703 € Industry median: 63 691 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 2 573 064 € · +46.8% vs 2024 · industry median 127 € · above 98% of the industry
01 0002 0003 0002024 Company: 1 752 286 € Industry median: 134 €20242025 Company: 2 573 064 € Industry median: 127 €202501 0002 0003 0002024 Company: 1 752 286 € Industry median: 134 €2025 Company: 2 573 064 € Industry median: 127 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.5 % · −0.4 pp vs the year before · industry median 2.7 % · above 54% of the industry
012342024 Company: 3.9 % Industry median: 2.9 %20242025 Company: 3.5 % Industry median: 2.7 %2025012342024 Company: 3.9 % Industry median: 2.9 %2025 Company: 3.5 % Industry median: 2.7 %2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 11 003 409 € · −15.7% vs 2024
05 00010 00015 0002024 Company: 13 048 194 €20242025 Company: 11 003 409 €202505 00010 00015 0002024 Company: 13 048 194 €2025 Company: 11 003 409 €2025
Equity, € thousand 2025: 4 327 350 € · +146.7% vs 2024
01 0002 0003 0004 0005 0002024 Company: 1 754 286 €20242025 Company: 4 327 350 €202501 0002 0003 0004 0005 0002024 Company: 1 754 286 €2025 Company: 4 327 350 €2025
Employees 2025: 24 · +0.0% vs 2024 · industry median 2 · above 98% of the industry
05101520252024 Company: 24 Industry median: 220242025 Company: 24 Industry median: 2202505101520252024 Company: 24 Industry median: 22025 Company: 24 Industry median: 22025
  • Company
  • Industry median

Industry: Wholesale trade (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 73 863 703 2 573 064 1 685 863 11 003 409 4 327 350 24
2024 44 588 012 1 752 286 707 754 13 048 194 1 754 286 24

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
3.5 %
Net profit / revenue
Return on equity (ROE)
59.5 %
Net profit / equity
Return on assets (ROA)
23.4 %
Net profit / assets
Equity ratio
39.3 %
Equity / assets
Debt ratio
60.7 %
Liabilities / assets
Current ratio
1.45
Current assets / current liabilities
Revenue per employee
3 077 654 €
Revenue / average full-time employees
Labour cost per employee per month
5 854 €
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 26 Jun 2026 Company’s own · audited e-Äriregister
2024 21 Feb 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 910 000 € Swedbank AS 21 Jun 2024 – in force

Board

Right of representation

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

Owners

Beneficial owners

  • Aimar Kreevald
    Member of a senior management body (management or supervisory board) · since 3 Apr 2025
  • Janek Antipin
    Member of a senior management body (management or supervisory board) · since 3 Apr 2025
  • Marek Moorits
    Member of a senior management body (management or supervisory board) · since 4 Jun 2024
  • Ullabritt Murumaa
    Member of a senior management body (management or supervisory board) · since 4 Jun 2024
  • Ülo Reisner
    Member of a senior management body (management or supervisory board) · since 4 Jun 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46831Wholesale of wood and products for the first-stage processing of wood Main
  • 52269Other support activities for transportation n.e.c
Rulings
Number, date Title Deadline State Document
Ä 50248660 / 5
8 Jun 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
8 Jun 2026
PDF
Ä 50248660 / 4
3 Apr 2025
Amendment entry In force
3 Apr 2025
PDF
K 50248660 / 3
21 Jun 2024
Commercial pledge entered In force
21 Jun 2024
PDF
Ä 50248660 / 2
11 Jun 2024
Amendment entry In force
11 Jun 2024
PDF
Ä 50248660
21 Feb 2024
First entry In force
21 Feb 2024
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data