SIA "Firewood Factory"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2009–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 481 777 | 2 070 304 | 1 596 544 | 811 614 | 1 560 965 |
| Profit for the reporting year | 145 641 | 65 827 | -106 734 | -17 576 | 131 968 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 338 720 | 397 627 | 390 930 | 409 654 | 497 922 |
| Total liabilities | 72 081 | 65 161 | 165 198 | 201 498 | 157 798 |
| Total equity | 266 639 | 332 466 | 225 732 | 208 156 | 340 124 |
| Employees | 8 | 21 | 24 | 20 | 20 |
| Calculated dividend | 40 000 | 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: SIA "Firewood Factory"
Overview
SIA "Firewood Factory" (reg. no. 40003161366) is a limited liability company. The company was registered in 1993 and has been in the register for 32 years. Registered address: Ķekavas nov., Ķekavas pag., Valdlauči, Mazā Rāmavas iela 2.
Financial results
Revenue in 2025 was 1 560 965 €, up 92,3% on the previous year (811 614 €). From 2009 to 2025, revenue grew by an average of 64,8% per year. Net profit for 2025 was 131 968 € (8,5% of revenue). The company was profitable in 8 of the 17 published years. In 2025 the company had 20 employees. Revenue per employee was 78 048 €. At the end of 2025, total assets were 497 922 € and equity 340 124 € (68,3% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (50%) is held by a private individual.
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.