Akciju sabiedrība "LATVIJAS FINIERIS"Active

40003094173Joint-stock companyFounded 1992

Key figures

413 845 498 €+1,2%

Revenue 2025

+10,1%

Average annual growth 2010–2025

Ratios

2025

12,5%

Profit margin

75,0%

Equity ratio

2,1×

Current ratio

12,8%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

from the report

2025

Dividends paid 4 752 334 € (1% of equity at the end of the previous year).

History

20254 752 334 €

20244 903 718 €

20233 946 223 €

20223 167 216 €

20213 173 190 €

20204 370 244 €

20193 243 060 €

20182 595 466 €

20172 352 236 €

20162 394 277 €

20152 341 838 €

20142 548 004 €

20131 544 291 €

20121 578 714 €

20111 683 009 €

20101 442 279 €

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	25 518 822	28 512 869	29 941 654	31 760 947	54 719 341	71 529 252	69 993 008	68 084 069	74 689 284	69 443 163	55 910 458	90 331 352	119 366 930	129 880 214	119 706 586	137 306 178
Total non-current assets	110 303 458	112 390 935	112 843 932	111 856 052	189 685 247	219 404 729	250 709 051	248 550 477	250 764 782	255 854 377	254 888 133	247 522 010	231 815 602	269 144 365	349 949 196	402 016 323
Total assets	135 822 280	140 903 804	142 785 586	143 616 999	244 404 588	290 933 981	320 702 059	316 634 546	325 454 066	325 297 540	310 798 591	337 853 362	351 182 532	399 024 579	469 655 782	539 322 501
Balance sheet — liabilities and equity
Current liabilities	14 419 680	18 738 347	20 405 077	19 234 311	37 424 966	41 821 040	47 449 438	37 249 484	41 616 050	57 774 573	39 894 160	53 424 895	75 062 083	55 987 898	72 000 768	64 766 300
Non-current liabilities	32 096 184	29 283 627	24 396 502	20 392 820	34 643 332	65 846 219	77 916 625	68 449 117	62 866 847	41 342 026	60 273 333	45 070 825	22 740 138	37 993 079	38 476 683	69 813 352
Total liabilities	46 515 864	48 021 974	44 801 579	39 627 131	72 068 298	107 667 259	125 366 063	105 698 601	104 482 897	99 116 599	100 167 493	98 495 720	97 802 221	93 980 977	110 477 451	134 579 652
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	6 492 662	9 549 688	6 832 631	7 806 393	15 022 491	12 762 745	13 642 352	13 076 347	9 885 811	10 821 712	10 490 511	15 377 507	34 871 325	55 714 582	57 119 679	51 907 588
Total equity	89 298 214	92 304 248	96 761 148	101 986 482	162 262 581	171 215 241	187 093 452	202 679 642	211 932 263	218 980 093	208 253 293	239 322 469	252 681 671	305 017 676	358 048 323	404 735 779
Income statement
Sales revenue	97 490 158	118 553 925	126 006 034	131 690 248	194 136 520	196 502 215	213 371 961	229 058 739	250 881 770	228 970 820	219 835 467	257 021 600	350 029 572	404 773 045	408 981 967	413 845 498
Operating profit	7 346 234	10 897 271	8 597 031	8 888 750	18 423 783	15 504 105	16 147 306	15 634 423	14 407 212	12 748 797	7 606 353	17 563 486	37 133 466	57 526 551	58 234 705	54 877 942
Profit before income tax	6 665 308	9 722 291	7 015 650	7 964 825	16 531 893	14 074 337	14 307 148	13 655 392	12 797 603	11 266 524	10 490 511	16 226 823	35 544 613	56 320 035	57 939 452	53 030 875
Profit for the reporting year	6 492 662	9 549 688	6 832 631	7 806 393	15 022 491	12 762 745	13 642 352	13 076 347	9 885 811	10 821 712	10 490 511	15 377 507	34 871 325	55 714 582	57 119 679	51 907 588
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	1424	1532	1625	1626	2423	2521	2602	2705	2665	2545	1492	2531	2362	2398	2417	2508
Calculated dividend	1 442 279	1 683 009	1 578 714	1 544 291	2 548 004	2 341 838	2 394 277	2 352 236	2 595 466	3 243 060	4 370 244	3 173 190	3 167 216	3 946 223	4 903 718	4 752 334

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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Related companies

Companies in which this company is a member

"VEREMS" RSEZ SIA — 100%
Sabiedrība ar ierobežotu atbildību "Latvijas Finieris Mežs" — 100%
SIA "SELF Loģistika" — 50%
Sabiedrība ar ierobežotu atbildību "Troja" — 50%
SIA Aurora Innovation Hub — 12,01%

Shared members or board members

Same registered address

Summary: Akciju sabiedrība "LATVIJAS FINIERIS"

Overview

Akciju sabiedrība "LATVIJAS FINIERIS" (reg. no. 40003094173) is a joint-stock company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Bauskas iela 59.

Financial results

Revenue in 2025 was 413 845 498 €, up 1,2% on the previous year (408 981 967 €). From 2010 to 2025, revenue grew by an average of 10,1% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 51 907 588 € (12,5% of revenue). The company was profitable in all 16 published years. In 2025 the company had 2508 employees (2417 a year earlier). Revenue per employee was 165 010 €. At the end of 2025, total assets were 539 322 501 € and equity 404 735 779 € (75,0% of assets).

Management and owners

The board has 7 members. The company holds stakes in 5 active Latvian companies.

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 02.11.2026. The LEI code (4851000NJ8O90MDGXG16) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.