SIA "FORAN BALTIC"Active

40003629022Limited liability companyFounded 2003

Key figures

137 364 €-28,6%
Revenue 2025
-9,2%
Average annual change 2011–2025
0200 k400 k600 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 86 133 € (51% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~86 133 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
2018 ~80 000 €
201790 000 €
20160 €
20150 €
201430 000 €
20130 €
201242 168 €
20110 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets345 001213 633209 802265 161304 403323 317223 712301 423100 883127 849137 762162 810172 966209 280123 676
Total non-current assets86 00072 08593 978111 97788 19862 81549 67530 42515 24426221779238001594
Total assets431 001285 718303 780377 138392 601386 132273 387331 848116 127130 471139 541163 048172 966209 280125 270
Balance sheet — liabilities and equity
Current liabilities208 35996 99699 351120 628116 18185 44885 912171 30944 14933 47129 20136 41331 99839 86441 778
Non-current liabilities987578850000000000000
Total liabilities218 234104 88199 351120 628116 18185 44885 912171 30944 14933 47129 20136 41331 99839 86441 778
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year49 87810 23816 64727 76322 49029 438679153 064-88 56125 02213 34016 07414 33328 448209
Total equity212 767180 837197 484248 756271 246300 684187 475160 53971 97897 000110 340126 635140 968169 41683 492
Income statement
Sales revenue528 887299 339283 360383 698374 010343 161302 098345 119152 162148 916125 179143 199139 100192 302137 364
Operating profit70 93612 31519 05832 99226 81226 65510 68853 272-88 37325 02213 34016 07414 33328 448209
Profit before income tax70 93612 31519 05832 99226 81226 65510 68853 272-88 37325 02213 34016 07414 33328 448209
Profit for the reporting year49 87810 23816 64727 76322 49029 438679153 064-88 56125 02213 34016 07414 33328 448209
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees20201717171211107555555
Calculated dividend042 168030 0000090 00080 00000000086 133

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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50%50%100%SIA "FORAN BALTIC"NORSKOGSIA "MEŽA ĪPAŠNIEKU K…Rora Arne9+Skudriņš Gundars
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "FORAN BALTIC"

Overview

SIA "FORAN BALTIC" (reg. no. 40003629022) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Cēsu nov., Priekuļu pag., "Lidlauks".

Financial results

Revenue in 2025 was 137 364 €, down 28,6% on the previous year (192 302 €). From 2011 to 2025, revenue declined by an average of 9,2% per year. Net profit for 2025 was 209 € (0,2% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 5 employees. Revenue per employee was 27 473 €. At the end of 2025, total assets were 125 270 € and equity 83 492 € (66,6% 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 NORSKOG.

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.