SIA "Glass & Wood"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo 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 | 1332 | 1135 | 9150 | 6969 | 29 648 | 51 707 | 52 225 | 50 707 | 181 989 | 95 995 | 72 987 | 26 737 | 3696 | 5964 | 2265 | 4301 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 19 643 | 53 559 | 41 625 | 64 487 | 98 863 | 107 743 | 8255 | 3074 | 0 | 0 | 377 |
| Total assets | 1332 | 1135 | 9150 | 6969 | 29 648 | 71 350 | 105 784 | 92 332 | 246 476 | 194 858 | 180 730 | 34 992 | 6770 | 5964 | 2265 | 4678 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 311 | 6 | 0 | 0 | 22 952 | 50 785 | 54 566 | 20 584 | 106 316 | 45 806 | 64 767 | 47 423 | 6299 | 9593 | 4215 | 37 082 |
| Non-current liabilities | 0 | 0 | 4108 | 6479 | 0 | 0 | 0 | 14 952 | 0 | 0 | 11 223 | 19 000 | 26 250 | 30 645 | 31 945 | 17 445 |
| Total liabilities | 311 | 6 | 4108 | 6479 | 22 952 | 50 785 | 54 566 | 35 536 | 106 316 | 45 806 | 75 990 | 66 423 | 32 549 | 40 238 | 36 160 | 54 527 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -61 | 108 | 2863 | -4700 | 6206 | 16 850 | 1706 | 5494 | 83 364 | 8892 | -44 312 | -136 171 | 5652 | -8495 | 379 | -15 954 |
| Total equity | 1021 | 1129 | 4496 | -204 | 6002 | 19 698 | 51 218 | 56 796 | 140 160 | 149 052 | 104 740 | -31 431 | -25 779 | -34 274 | -33 895 | -49 849 |
| Income statement | ||||||||||||||||
| Sales revenue | 3018 | 2194 | 26 237 | 78 569 | 154 687 | 319 909 | 312 973 | 494 173 | 801 254 | 534 823 | 350 210 | 265 057 | 187 050 | 95 619 | 108 664 | 166 063 |
| Operating profit | -61 | 108 | 3654 | -4700 | 6206 | 17 642 | 2164 | 6724 | 83 683 | 8892 | -44 312 | -136 171 | 5652 | -8495 | 379 | -15 908 |
| Profit before income tax | -61 | 108 | 3449 | -4700 | 6206 | 17 642 | 2095 | 6724 | 83 683 | 8892 | -44 312 | -136 171 | 5652 | -8495 | 379 | -15 949 |
| Profit for the reporting year | -61 | 108 | 2863 | -4700 | 6206 | 16 850 | 1706 | 5494 | 83 364 | 8892 | -44 312 | -136 171 | 5652 | -8495 | 379 | -15 954 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 2 | 5 | 5 | 5 | 8 | 9 | 18 | 14 | 11 | 5 | 2 | 2 | 2 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 3154 | 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: SIA "Glass & Wood"
Overview
SIA "Glass & Wood" (reg. no. 40003657223) is a limited liability company. The company was registered in 2003 and has been in the register for 22 years. Registered address: Rēzeknes nov., Vērēmu pag., Skudras, "Virši".
Financial results
Revenue in 2025 was 166 063 €, up 52,8% on the previous year (108 664 €). From 2010 to 2025, revenue grew by an average of 30,6% per year. 2025 ended with a loss of 15 954 €. The company was profitable in 10 of the 16 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 55 354 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-49 849 €).
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.