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EASTFOREST OÜ: Success story

EASTFOREST OÜ started almost 7 years ago when board member Martin Mehide founded the company, was new to business with no prior experience.
EASTFOREST OÜ`s field is silviculture and other forestry activities. According to data from 2020, 784 more companies are active in the same field (NACE 02101), employing altogether 2272 people and the field has an estimated turnover of around 307.07 million euros in 2020.

EASTFOREST OÜ - Assets and Finances 2018

  • Productivity per employee: 11 336€
  • Gross margin: 0%
  • No of employees: up by 4
  • Turnover rose: 98% (2 944 596 €)
  • Credit score: Good

Location

Company`s legal address is Ida-Viru maakond, Alutaguse vald, Mäetaguse alevik, Remondi.

Market share

EASTFOREST OÜ is a company with a 1% market share of the overall turnover in its field in 2019. In the last five years the venture has earned a profit of 380 thousand euros, with a gross turnover of 6,67 million euros.
2014 - 283 186 EUR
2015 - 934 298 EUR / up by 229,92%
2016 - 1 022 437 EUR / up by 9,43%
2017 - 1 486 665 EUR / up by 45,4%
2018 - 2 944 596 EUR / up by 98,07%

Top 3 in the Field (2018) in Silviculture and other forestry activities

Companies with the strongest profits, Low Credit Score and Risk Assessment at ’Reliable’:
TORNATOR EESTI OÜ 2018 / net profit: 28 833 291 EUR
ARTISTON KINNISVARA OÜ 2018 / net profit: 4 158 517 EUR
PALUMETSA OÜ 2018 / net profit: 3 389 629 EUR

Companies with the heaviest losses, High Credit Score and Risk Assessment at ’Risky’:
SIKASSAARE METSAD OÜ / Bankrupt. Põhikapital: 2 500 EUR

EASTFOREST OÜ board members

EASTFOREST OÜ board member Marek Peet

Marek Peet started business activities already 16 years ago, being 24 years old. Marek Peet has in total managed 7 companies of which he currently is a board member in 5 companies. 4 of those have active economic activity (incl.VAT payers).

Marek Peet has operated or is operating in the fields of:

1 Silviculture and other forestry activities (2018 gross turnover 2 944 596 €, 2019 estimated gross turnover 2 626 942 €, 2018 4 quarter`s labor taxes 23 454 €, Total employees 24 people and Total fixed assets 2 500 €)

2 Freight transport by road (2018 gross turnover 149 607 €, 2019 estimated gross turnover 139 365 €, 2018 4 quarter`s labor taxes 256 €, Total employees 0 people and Total fixed assets 2 500 €)
Business area2018 turnover €2019 estimated turnover €Labor taxes €Total staffFixed assets €
1. Silviculture and other forestry activities2 944 5962 626 94223 454242 500
2. Freight transport by road149 607139 36525602 500

Marek Peet
General data:
Active in business almost 17 years
Companies led: 7
Since 2020 leader of 6 companies. 4 of those have active economic activity.

Marek Peet (all related companies)
Assets and Finances 2018
Labor taxes of active companies: 67 352€
Total turnover: 3 489 197 EUR
Total profits: -15 143 EUR
Total number of employees: 16
The biggest payroll: EASTFOREST OÜ
Total estimated turnover in 2019: 2 849 283 EUR

Last time Marek Peet left a company was 10 months ago from KIIKLA JAHISELTS MTÜ, having led the company for 8 years. Status of the company is Registered.

Marek Peet is the board member in MEHNTACK OÜ, which operates in the field: Hotels. MEHNTACK OÜ company`s year 2018 monthly turnover on average was 56311.

EASTFOREST OÜ board member Veljo Pool

Veljo Pool started business activities already 11 years ago, being 26 years old. Veljo Pool has in total managed 5 companies of which he currently is a board member in 4 companies. 3 of those have active economic activity (incl.VAT payers).

Veljo Pool has operated or is operating in the fields of:

1 Silviculture and other forestry activities (2018 gross turnover 3 987 064 €, 2019 estimated gross turnover 3 054 585 €, 2018 4 quarter`s labor taxes 30 012 €, Total employees 32 people and Total fixed assets 10 000 €)
Business area2018 turnover €2019 estimated turnover €Labor taxes €Total staffFixed assets €
1. Silviculture and other forestry activities3 987 0643 054 58530 0123210 000

Veljo Pool
General data:
Active in business almost 12 years
Companies led: 5
Since 2020 leader of 4 companies. 3 of those have active economic activity.

Veljo Pool (all related companies)
Assets and Finances 2018
Labor taxes of active companies: 114 444€
Total turnover: 4 318 689 EUR
Total profits: 24 682 EUR
Total number of employees: 23
The biggest payroll: EASTFOREST OÜ
Total estimated turnover in 2019: 3 054 585 EUR

Last time Veljo Pool left a company was 4 years ago from BALTIMETS OÜ, having led the company for 9 years. Status of the company is Registered.

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EASTFOREST OÜ latest events

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EASTFOREST OÜ

14.09.2018

Credit limit update.

Credit limit increased

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EASTFOREST OÜ

14.09.2018

Credit recommendation changed.

Previous recommendation: "no". New recommendation: "yes".

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EASTFOREST OÜ

12.09.2018

Credit recommendation changed.

Previous recommendation: "yes". New recommendation: "no".

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