Sabiedrība ar ierobežotu atbildību "LH FORESTRY"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 54 294 | 59 775 | 28 160 | 15 453 | 55 531 | 16 649 | 30 692 | 13 872 | 11 448 | 65 957 | 48 989 | 35 980 | 7173 |
| Total non-current assets | 329 295 | 598 819 | 611 093 | 701 042 | 700 355 | 701 645 | 701 195 | 711 849 | 709 942 | 699 120 | 683 884 | 711 824 | 727 286 |
| Total assets | 383 589 | 658 594 | 639 253 | 716 495 | 755 886 | 718 294 | 731 887 | 725 721 | 721 390 | 765 077 | 732 873 | 747 804 | 734 459 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 5077 | 111 302 | 3621 | 215 831 | 216 642 | 155 332 | 158 075 | 161 804 | 165 179 | 171 711 | 68 700 | 83 445 | 72 549 |
| Non-current liabilities | 35 445 | 52 306 | 126 832 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 40 522 | 163 608 | 130 453 | 215 831 | 216 642 | 155 332 | 158 075 | 161 804 | 165 179 | 171 711 | 68 700 | 83 445 | 72 549 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 946 | 6846 | 13 813 | -8136 | 38 581 | 23 717 | 10 850 | -9895 | -7705 | 37 155 | 70 807 | 186 | -2449 |
| Total equity | 343 067 | 494 986 | 508 800 | 500 664 | 539 244 | 562 962 | 573 812 | 563 917 | 556 211 | 593 366 | 664 173 | 664 359 | 661 910 |
| Income statement | |||||||||||||
| Sales revenue | 51 431 | 33 472 | 45 132 | 10 332 | 70 010 | 47 131 | 27 077 | 4305 | 7500 | 72 191 | 134 748 | 25 029 | 24 280 |
| Operating profit | 25 961 | 11 409 | 22 521 | -2775 | 47 846 | 26 944 | 13 466 | -7207 | -5017 | 39 793 | 71 796 | 824 | -1811 |
| Profit before income tax | 25 961 | 9534 | 17 994 | -8136 | 43 956 | 23 717 | 10 850 | -9845 | -7655 | 37 155 | 70 807 | 186 | -2449 |
| Profit for the reporting year | 20 946 | 6846 | 13 813 | -8136 | 38 581 | 23 717 | 10 850 | -9895 | -7705 | 37 155 | 70 807 | 186 | -2449 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 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: Sabiedrība ar ierobežotu atbildību "LH FORESTRY"
Overview
Sabiedrība ar ierobežotu atbildību "LH FORESTRY" (reg. no. 40003609401) is a limited liability company. The company was registered in 2002 and has been in the register for 23 years. Registered address: Cēsu nov., Cēsis, Valmieras iela 20A.
Financial results
Revenue in 2025 was 24 280 €, down 3,0% on the previous year (25 029 €). From 2013 to 2025, revenue declined by an average of 6,1% per year. 2025 ended with a loss of 2449 €. The company was profitable in 9 of the 13 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 734 459 € and equity 661 910 € (90,1% of assets).
Management and owners
The board has 2 members. The sole owner of the company is LH Skovbrug 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.