Sabiedrība ar ierobežotu atbildību "LATVIA TIMBER INTERNATIONAL"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2009–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 17 456 609 | 17 131 208 | 10 118 615 | 8 685 994 | 10 960 742 |
| Profit for the reporting year | 729 834 | 806 814 | 416 298 | 524 131 | 568 625 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 5 177 638 | 5 259 254 | 5 164 001 | 4 533 965 | 4 932 277 |
| Total liabilities | 2 952 271 | 2 227 073 | 1 715 522 | 561 355 | 391 041 |
| Total equity | 2 225 367 | 3 032 181 | 3 448 479 | 3 972 610 | 4 541 236 |
| Employees | 59 | 69 | 53 | 47 | 49 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: Sabiedrība ar ierobežotu atbildību "LATVIA TIMBER INTERNATIONAL"
Overview
Sabiedrība ar ierobežotu atbildību "LATVIA TIMBER INTERNATIONAL" (reg. no. 40003057834) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Limbažu nov., Limbaži, Meža iela 2.
Financial results
Revenue in 2025 was 10 960 742 €, up 26,2% on the previous year (8 685 994 €). From 2009 to 2025, revenue grew by an average of 11,0% per year. Net profit for 2025 was 568 625 € (5,2% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 49 employees (47 a year earlier). Revenue per employee was 223 689 €. At the end of 2025, total assets were 4 932 277 € and equity 4 541 236 € (92,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by Ponderosa ApS.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.