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Search›Companies›ForestWay OÜ
14523782ActivePrivate limited companyEE102091661 · VAT-registered

ForestWay OÜ

Harju maakond, Tallinn, Kesklinna linnaosa, Narva mnt 5·EMTAK 46831 — Wholesale of wood and products for the first-stage processing of wood·8+ years
Andmed · ···
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Overview

e-Business Register · 20 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
11.07.2018e-Business Register
Address
Narva mnt 5, Kesklinna linnaosa, Tallinn, 10117 Harju maakondADS · e-Business Register
E-mail address
info@forestway.eue-Business Register
Principal activity
EMTAK 46831 - Wholesale of wood and products for the first-stage processing of woode-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2500,00 €e-Business Register
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 6 sourcese-Business Register · 8 min agoMTA
e-Business Register ↗

Registered 11. juuli 2018, primary activity: Wholesale of wood and products for the first-stage processing of wood. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.

Revenue 2026 II kv
18 295 €
▼ 95% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
0 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 09.08.2026 (MTA)
Revenue 2026 (I-II kv)
220k €
▼ 80% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
0 €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 09.08.2026 (MTA)

Officers

e-Business Register · 20 h ago
IE
Ibrahim Elshal
Born 1982 · 43 y · board member since 11.07.2018
Board member

Founders

e-Business Register · 20 h ago
IE
Ibrahim Elshal
Born 1982 · 43 y · founder since 11.07.2018
Founder · 3k €

Shareholders

e-Business Register · 20 h ago
IE
Ibrahim Elshal
Born 1982 · 43 y · shareholder since 01.09.2023
Shareholder 100% · 3k €

Other persons (2)

e-Business Register · 20 h ago
BB
Baltic Business Services OÜLEGAL PERSON
Legal person · 12085251 · contact person since 11.07.2018
Contact person
R&
RUUT & PARTNERID AUDIITORBÜROO OÜLEGAL PERSON
Legal person · 11386149 · auditor since 15.07.2022
Auditor

Annual reports (7)

e-Business Register · annual reports · 4 päeva tagasi
Revenue 2025
5,6m €
↘ -15.4% vs 2024
Employees 2025
0
YearRevenueProfitEquityAssetsEmployees

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
2,0m €1,0m €0

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
25.06.2026ReportEsitati 2025. aasta aruanne— Käive 5 572 934 €
2025
15.07.2025ReportEsitati 2024. aasta aruanne— Käive 6 585 796 €
2025AUD5 572 934 €35 999 €2,1m €2,4m €025.06.2026
2024AUD6 585 796 €−67 720 €2,1m €2,1m €015.07.2025
2023AUD5 525 706 €1 527 886 €2,1m €2,2m €028.06.2024
2022AUD8 011 129 €591 480 €617k €1,1m €029.06.2023
2021AUD8 698 833 €−8549 €26k €2,2m €029.06.2022
2020AUD7 071 762 €−34 763 €34k €832k €017.06.2021
2019AUD6 900 750 €69 185 €69k €86k €030.10.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q220 282 €0 €0 €–
20252 670 983 €0 €0 €–
20242 930 884 €0 €0 €–
20232 619 797 €0 €0 €–
20222 922 772 €41 €0 €–
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026202k €18k €––
State taxes 2026–0 €––
Taxes on workforce 2026–0 €––
Employees 2026––––
Revenue 2025745k €344k €789k €793k €
State taxes 20250 €–0 €0 €
Taxes on workforce 20250 €–0 €0 €
Employees 2025––––
Revenue 2024467k €718k €1,1m €641k €
State taxes 2024––0 €–
Taxes on workforce 2024––0 €–
Employees 2024––––
Revenue 2023352k €754k €1,3m €216k €
State taxes 2023––0 €0 €
Taxes on workforce 2023––0 €0 €
Employees 2023––––
Revenue 20221,1m €205k €1,1m €511k €
State taxes 2022–41 €0 €–
Taxes on workforce 2022–0 €0 €–
Employees 2022––––

Analysis · 2025

computed from annual reports
Revenue5,6m €median 261k €21.3× the sector median
Net margin0.6%median 2.1%-1.5 pp vs sector median
Revenue change-15.4%median 5.2%-20.6 pp vs sector median
Equity ratio89.2%
Current ratio9.27
Labour cost of revenue0.0%
Compared with2024revenue 6,6m €

Peer group: Puidu ja puidu esmatöötlustoodete hulgimüük, 177 trading companies that filed a report in the last three years.

Founded 2018. That year 14,762 osaühing were registered; 14,175 are still trading, or 96.0%.