SIA "TORVALD TIMBER PRODUCTION"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 258 615 | 294 245 | 475 640 | 366 406 | 364 281 | 403 661 | 604 279 | 726 474 | 813 302 | 911 069 | 906 623 | 836 761 | 583 660 | 589 427 |
| Total non-current assets | 8057 | 24 017 | 26 338 | 18 627 | 12 446 | 8697 | 21 451 | 19 393 | 16 538 | 3405 | 11 086 | 91 568 | 462 712 | 695 610 |
| Total assets | 266 672 | 318 262 | 501 978 | 385 033 | 376 727 | 412 358 | 625 730 | 745 867 | 829 840 | 914 474 | 917 709 | 928 329 | 1 046 372 | 1 285 037 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 79 274 | 120 210 | 215 129 | 219 352 | 209 958 | 239 209 | 266 701 | 238 906 | 254 239 | 191 845 | 146 809 | 95 906 | 67 502 | 118 188 |
| Non-current liabilities | 113 | 406 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 79 387 | 120 616 | 215 129 | 219 352 | 209 958 | 239 209 | 266 701 | 238 906 | 254 239 | 191 845 | 146 809 | 95 906 | 67 502 | 118 188 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 22 201 | 10 361 | 5625 | -121 168 | 1088 | 6380 | 185 880 | 147 932 | 68 640 | 147 028 | 48 271 | 211 523 | 138 897 | 187 979 |
| Total equity | 187 285 | 197 646 | 286 849 | 165 681 | 166 769 | 173 149 | 359 029 | 506 961 | 575 601 | 722 629 | 770 900 | 832 423 | 978 870 | 1 166 849 |
| Income statement | ||||||||||||||
| Sales revenue | 769 123 | 554 790 | 569 683 | 439 103 | 476 698 | 802 709 | 1 344 564 | 1 006 674 | 872 399 | 1 293 313 | 1 667 078 | 1 470 534 | 1 175 473 | 1 406 649 |
| Operating profit | 44 274 | 14 298 | 1967 | -129 303 | 1682 | 9710 | 183 922 | 147 220 | 67 554 | 146 541 | 48 079 | 211 334 | 175 771 | 178 675 |
| EBITDA | — | — | — | — | 1682 | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 27 868 | 11 448 | 6130 | -121 068 | 2094 | 10 696 | 185 880 | 147 932 | 68 640 | 147 028 | 48 271 | 211 527 | 179 533 | 188 011 |
| Profit for the reporting year | 22 201 | 10 361 | 5625 | -121 168 | 1088 | 6380 | 185 880 | 147 932 | 68 640 | 147 028 | 48 271 | 211 523 | 138 897 | 187 979 |
| Labour costs | — | — | — | — | 18 901 | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | 0 | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 19 | 15 | 15 | 14 | 13 | 13 | 12 | 12 | 11 | 11 | 12 | 12 | 10 | 8 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 150 000 | 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 "TORVALD TIMBER PRODUCTION"
Overview
SIA "TORVALD TIMBER PRODUCTION" (reg. no. 40003669307) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Tukuma nov., Slampes pag., Slampe, "Samtenes".
Financial results
Revenue in 2025 was 1 406 649 €, up 19,7% on the previous year (1 175 473 €). From 2012 to 2025, revenue grew by an average of 4,8% per year. Net profit for 2025 was 187 979 € (13,4% of revenue). The company was profitable in 13 of the 14 published years. In 2025 the company had 8 employees (10 a year earlier). Revenue per employee was 175 831 €. At the end of 2025, total assets were 1 285 037 € and equity 1 166 849 € (90,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību KMI.
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.