"Rettenmeier Baltic Timber" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
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 | 11 567 826 | 16 692 064 | 20 792 704 | 20 633 742 | 8 411 035 | 6 596 244 | 14 554 260 | 12 577 596 | 12 331 044 | 10 635 100 | 10 205 605 | 19 207 724 | 19 267 929 | 13 194 155 | 13 697 481 | 15 706 201 |
| Total non-current assets | 3 175 487 | 2 599 371 | 2 540 248 | 3 798 832 | 4 870 335 | 5 687 406 | 13 147 377 | 11 575 000 | 12 186 340 | 19 073 176 | 21 998 223 | 33 484 532 | 59 520 367 | 112 109 294 | 156 379 991 | 159 917 238 |
| Total assets | 14 743 313 | 19 291 435 | 23 332 952 | 24 432 574 | 13 281 370 | 12 283 650 | 27 701 637 | 24 152 596 | 24 517 384 | 29 708 276 | 32 203 828 | 52 692 256 | 78 788 296 | 125 303 449 | 170 077 472 | 175 623 439 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 5 946 493 | 5 713 953 | 5 807 842 | 4 712 542 | 5 916 770 | 5 173 344 | 5 813 503 | 6 250 111 | 5 560 279 | 8 222 928 | 5 060 248 | 5 753 160 | 14 880 470 | 20 298 562 | 21 769 427 | 20 527 509 |
| Non-current liabilities | 281 909 | 145 498 | 70 601 | 80 274 | 137 439 | 435 022 | 4 164 598 | 2 753 756 | 1 618 801 | 525 000 | 0 | 181 560 | 4 397 560 | 48 446 370 | 91 250 930 | 102 651 721 |
| Total liabilities | 6 228 402 | 5 859 451 | 5 878 443 | 4 792 816 | 6 054 209 | 5 608 366 | 9 978 101 | 9 003 867 | 7 179 080 | 8 747 928 | 5 060 248 | 5 934 720 | 19 278 030 | 68 744 932 | 113 020 357 | 123 179 230 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4 719 670 | 4 919 882 | 4 029 194 | 3 712 805 | 2 128 774 | 1 630 860 | 9 723 536 | 2 937 747 | 6 189 575 | 3 622 044 | 6 183 232 | 19 613 956 | 12 752 730 | -2 951 749 | 498 598 | -3 578 228 |
| Total equity | 8 316 269 | 13 236 151 | 17 265 345 | 19 478 150 | 7 009 426 | 6 511 512 | 17 723 536 | 15 148 729 | 17 338 304 | 20 960 348 | 27 143 580 | 46 757 536 | 59 510 266 | 56 558 517 | 57 057 115 | 52 444 209 |
| Income statement | ||||||||||||||||
| Sales revenue | 22 401 091 | 23 972 657 | 23 060 147 | 22 236 957 | 33 180 442 | 34 842 587 | 50 965 681 | 57 850 361 | 66 363 198 | 64 033 278 | 58 526 269 | 80 197 774 | 90 305 614 | 66 372 517 | 61 362 551 | 63 664 602 |
| Operating profit | 5 416 046 | 5 359 885 | 4 240 233 | 3 662 173 | 4 792 001 | 4 180 786 | 10 242 334 | 3 015 837 | 6 271 190 | 3 650 257 | 6 241 237 | 19 687 399 | 12 868 759 | -2 046 694 | 3 504 213 | 366 236 |
| Profit before income tax | 5 559 924 | 5 762 109 | 4 662 514 | 4 124 473 | 4 709 618 | 4 111 045 | 10 035 218 | 2 954 570 | 6 189 575 | 3 622 804 | 6 184 003 | 19 613 956 | 12 752 730 | -2 951 749 | 498 598 | -3 578 228 |
| Profit for the reporting year | 4 719 670 | 4 919 882 | 4 029 194 | 3 712 805 | 2 128 774 | 1 630 860 | 9 723 536 | 2 937 747 | 6 189 575 | 3 622 044 | 6 183 232 | 19 613 956 | 12 752 730 | -2 951 749 | 498 598 | -3 578 228 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 125 | 125 | 125 | 124 | 122 | 121 | 347 | 347 | 335 | 333 | 310 | 301 | 284 | 275 | 275 | 268 |
| Calculated dividend | 0 | 0 | 0 | 0 | 24 718 862 | 4 116 256 | 0 | 2 393 206 | 4 000 000 | 0 | 0 | 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: "Rettenmeier Baltic Timber" SIA
Overview
"Rettenmeier Baltic Timber" SIA (reg. no. 40003240191) is a limited liability company. The company was registered in 1994 and has been in the register for 31 years. Registered address: Siguldas nov., Inčukalna pag., Inčukalns, Plānupes iela 26.
Financial results
Revenue in 2025 was 63 664 602 €, up 3,8% on the previous year (61 362 551 €). From 2010 to 2025, revenue grew by an average of 7,2% per year. 2025 ended with a loss of 3 578 228 €. The company was profitable in 14 of the 16 published years. In 2025 the company had 268 employees (275 a year earlier). Revenue per employee was 237 554 €. At the end of 2025, total assets were 175 623 439 € and equity 52 444 209 € (29,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is Rettenmeier Holding AG.
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.