"FARO PAPER & BOARD" SIAActive

40003664013Limited liability companyFounded 2004

Key figures

2 331 287 €-7,8%

Revenue 2025

+3,7%

Average annual growth 2008–2025

Ratios

2025

2,7%

EBITDA margin

2,8%

Profit margin

88,0%

Equity ratio

7,9×

Current ratio

8,8%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

20210 €

2020 ~305 819 €

20190 €

2018 ~30 000 €

2017 ~30 000 €

2016 ~79 998 €

201530 000 €

20140 €

20130 €

20120 €

20110 €

20100 €

200930 000 €

200835 000 €

Summary of financial statements2008–2025

	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	186 281	121 654	196 328	144 053	207 242	217 096	390 537	409 988	346 840	332 447	346 093	417 498	449 742	669 112	677 328	802 886	780 406	795 725
Total non-current assets	14 482	5864	1571	6482	14 314	15 345	46 672	33 962	26 733	18 713	11 932	4679	50 785	46 238	39 436	31 908	54 941	42 219
Total assets	200 763	127 518	197 899	150 535	221 556	232 441	437 209	443 950	373 573	351 160	358 025	422 177	500 527	715 350	716 764	834 794	835 347	837 944
Balance sheet — liabilities and equity
Current liabilities	137 618	71 158	126 895	40 045	45 800	25 371	43 850	34 679	20 502	10 811	5457	9221	292 785	393 583	246 390	233 122	162 774	100 260
Non-current liabilities	1308	380	0	0	0	0	21 012	14 744	8302	1683	0	0	0	0	0	0	0	0
Total liabilities	138 926	71 538	126 895	40 045	45 800	25 371	64 862	49 423	28 804	12 494	5457	9221	292 785	393 583	246 390	233 122	162 774	100 260
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	35 973	24 144	15 025	39 485	65 266	31 314	77 713	52 180	30 240	23 897	43 902	60 388	100 605	114 025	148 607	131 297	70 901	65 111
Total equity	61 837	55 980	71 004	110 490	175 756	207 070	372 347	394 527	344 769	338 666	352 568	412 956	207 742	321 767	470 374	601 672	672 573	737 684
Income statement
Sales revenue	1 252 014	624 867	1 374 515	1 424 141	1 295 155	1 356 990	1 944 920	1 587 427	1 372 589	1 119 511	1 372 994	1 832 948	2 201 063	2 609 615	3 322 209	2 904 940	2 527 566	2 331 287
Operating profit	43 339	28 660	17 695	46 186	76 581	35 619	90 710	61 891	36 143	28 954	43 902	60 388	100 605	114 025	148 607	128 134	63 740	63 180
EBITDA	—	—	—	—	—	—	—	—	36 143	28 954	43 902	60 388	100 605	114 025	148 607	128 134	63 740	63 180
Profit before income tax	42 399	28 526	17 695	46 186	76 581	35 619	90 710	61 891	36 143	28 954	43 902	60 388	100 605	114 025	148 607	131 297	70 901	65 111
Profit for the reporting year	35 973	24 144	15 025	39 485	65 266	31 314	77 713	52 180	30 240	23 897	43 902	60 388	100 605	114 025	148 607	131 297	70 901	65 111
Labour costs	—	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0	0	0
Depreciation of non-current assets	—	—	—	—	—	—	—	—	0	0	0	0	0	0	0	0	0	0
Other indicators
Employees	4	4	4	4	4	4	3	3	4	2	2	2	2	3	3	3	3	3
Calculated dividend	35 000	30 000	0	0	0	0	0	30 000	79 998	30 000	30 000	0	305 819	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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Related companies

Shared members or board members

Sabiedrība ar ierobežotu atbildību "Namensvetter"

Same registered address

Sabiedrība ar ierobežotu atbildību "Namensvetter"

Summary: "FARO PAPER & BOARD" SIA

Overview

"FARO PAPER & BOARD" SIA (reg. no. 40003664013) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Jūrmala, Dārzkopības iela 22A.

Financial results

Revenue in 2025 was 2 331 287 €, down 7,8% on the previous year (2 527 566 €). From 2008 to 2025, revenue grew by an average of 3,7% per year. Net profit for 2025 was 65 111 € (2,8% of revenue). The company was profitable in all 18 published years. In 2025 the company had 3 employees. Revenue per employee was 777 096 €. At the end of 2025, total assets were 837 944 € and equity 737 684 € (88,0% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.