ForestWay OÜ
- Registry code
- 14523782
- VAT number
- EE102091661
- Address
- Harju maakond, Tallinn, Kesklinna linnaosa, Narva mnt 5, 10117
- Registered
- 11.07.2018 · 8 yrs
- Activity
- Puidu ja puidu esmatöötlustoodete hulgimüük 46831
- Capital
- 2 500 €
- i•••@f•••.euLog in to see
Business Register 03.10.2026
Sales revenue5,6 m €-15%2025 annual report
Profit35 999 €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash73 723 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 03.10.2026
Revenue 12 months1,8 m €-36%Tax Board, last 4 quarters
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
Stability
Follow companyNotification when something changesRatingA → AA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 36% aasta varasemaga
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Board and owners
2 persons
| Board 1 | ||
|---|---|---|
| Ibrahim Elshal1 companyno tax debt | Personal ID ↗ | 11.07.2018 |
| Muud isikud 1 | ||
| Baltic Business Services OÜ730 companies8 with tax debtKontaktisik | Personal ID ↗ | 11.07.2018 |
| Shareholders 1 | ||
| Ibrahim Elshal | 100,0% 2 500 € | 01.09.2023 |
| Beneficial owners 1 | ||
| Ibrahim Elshal1 companyno tax debtotsene osalus | 22.10.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue0,0%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 18 295 € | ▼ 95% | 0 € | 0 € | — |
| 2026 Q1 | 201 987 € | ▼ 73% | — | — | — |
| 2025 Q4 | 792 641 € | ▲ 24% | 0 € | 0 € | — |
| 2025 Q3 | 788 976 € | ▼ 29% | 0 € | 0 € | — |
| 2025 Q2 | 344 321 € | ▼ 52% | — | — | — |
| 2025 Q1 | 745 045 € | ▲ 60% | 0 € | 0 € | — |
| 2024 Q4 | 640 677 € | ▲ 197% | — | — | — |
| 2024 Q3 | 1 105 286 € | ▼ 15% | 0 € | 0 € | — |
| 2024 Q2 | 718 244 € | ▼ 5% | — | — | — |
| 2024 Q1 | 466 677 € | ▲ 33% | — | — | — |
| 2023 Q4 | 215 776 € | ▼ 58% | 0 € | 0 € | — |
| 2023 Q3 | 1 297 836 € | ▲ 22% | 0 € | 0 € | — |
Näita kogu ajalugu (18 kvartalit)
| 2023 Q2 | 754 021 € | ▲ 268% | — | — | — |
| 2023 Q1 | 352 164 € | ▼ 69% | — | — | — |
| 2022 Q4 | 511 282 € | — | — | — | |
| 2022 Q3 | 1 063 964 € | 0 € | 0 € | — | |
| 2022 Q2 | 204 883 € | 0 € | 41 € | — | |
| 2022 Q1 | 1 142 643 € | — | — | — |
Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0
Annual reports
5 yr
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 5,6 m € | ▼ 15% | 6,6 m € | ▲ 19% | 5,5 m € | ▼ 31% | 8,0 m € | ▼ 8% | 8,7 m € |
| Profit | 35 999 € | ▲ plussi | -67 720 € | ▼ miinusesse | 1,5 m € | ▲ 158% | 591 k € | ▲ plussi | -8 549 € |
| Profit margin | 0,6% | -1,0% | 27,7% | 7,4% | -0,1% | ||||
| Jaotamata kasum | 2,1 m € | ▼ 3% | 2,1 m € | ▲ 247% | 617 k € | ▲ 24× | 25 873 € | ▼ 25% | 34 422 € |
| Cash | 73 723 € | ▼ 83% | 431 k € | ▲ 151% | 172 k € | ▲ 233% | 51 650 € | ▼ 90% | 519 k € |
| Current assets | 2,4 m € | ▲ 11% | 2,1 m € | ▼ 2% | 2,2 m € | ▲ 104% | 1,1 m € | ▼ 51% | 2,2 m € |
| Assets | 2,4 m € | ▲ 11% | 2,1 m € | ▼ 2% | 2,2 m € | ▲ 104% | 1,1 m € | ▼ 51% | 2,2 m € |
| Current liabilities | 255 k € | ▲ 408% | 50 300 € | ▲ 199% | 16 841 € | ▼ 96% | 442 k € | ▼ 79% | 2,1 m € |
| Total liabilities | 255 k € | ▲ 408% | 50 300 € | ▲ 199% | 16 841 € | ▼ 96% | 442 k € | ▼ 79% | 2,1 m € |
| Equity | 2,1 m € | ▲ 2% | 2,1 m € | ▼ 3% | 2,1 m € | ▲ 247% | 617 k € | ▲ 24× | 25 873 € |
| Tööjõukulud | 0 € | 0 € | 0 € | 0 € | 0 € | ||||
| Employees | 0 | 0 | 0 | 0 | 0 | ||||
| Filed | 25.06.2026 | 15.07.2025 | 28.06.2024 | 29.06.2023 | 29.06.2022 | ||||
| Report | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ |
▲ kasv, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
Revenue by activity
2025
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Puidu ja puidu esmatöötlustoodete hulgimüük main activity | 46831 | 5 572 934 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Debts and court cases
clean
No tax debt · Tax Board 03.10.2026
Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.
Enforcement, payment orders and notices
clean
Official Announcements contain no enforcement, payment order or tax authority notices about the company.
Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.
State: transactions, tenders, grants
none
No transactions with state agencies, procurement contracts or grants found
RTK Saldo, Riigihangete register, RTK toetatud projektid
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
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Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Puidu ja puidu esmatöötlustoodete hulgimüük
20
| # | Company | Revenue |
|---|---|---|
| 1 | Combiforest OÜ | 73,9 m € |
| 2 | AKTSIASELTS PUUMARKET | 44,4 m € |
| 3 | TORI TIMBER OÜ | 42,2 m € |
| 4 | Osaühing Valga Puu | 36,3 m € |
| 5 | UPM OÜ | 34,0 m € |
| 6 | Tulundusühistu Eesti Puidumüügikeskus | 29,5 m € |
| 7 | Retim Europe OÜ | 28,1 m € |
| 8 | Trinity Wood OÜ | 26,3 m € |
| 9 | osaühing Reta Puit | 18,8 m € |
| 10 | Billerud Estonia OÜ | 18,1 m € |
| 11 | Lemeks Timber Trading OÜ | 14,9 m € |
| 12 | Forestex Tartu OÜ | 14,7 m € |
| 13 | AM Furnituur Eesti OÜ | 10,6 m € |
| 14 | LITLUMBER GROUP OÜ | 10,6 m € |
| 15 | Pallets Manufacturing International Company OÜ | 9,7 m € |
| 16 | Plywood Baltic Trade OÜ | 7,3 m € |
| 17 | OSAÜHING ALFAFORT | 6,8 m € |
| 18 | ForestWay OÜ | 5,6 m € |
| 19 | Södra Metsad OÜ | 5,4 m € |
| 20 | osaühing Klavis | 5,0 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Domains
1 records
Domains
| Domain | Source |
|---|---|
| forestway.eu |
History and notices
5
| Date | Liik | Sisu |
|---|---|---|
| 01.09.2023 | Kanne | Muutmiskanne |
| 08.02.2023 | Kanne | Muutmiskanne |
| 01.02.2023 | Kanne | Muutmiskanne |
| 07.07.2022 | Korraldav määrus | |
| 11.07.2018 | Kanne | Esmakanne |