Sabiedrība ar ierobežotu atbildību "GM Mežs"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 | 497 434 | 514 070 | 641 635 | 703 563 | 1 030 700 | 1 011 614 | 899 632 | 1 112 310 | 1 457 127 | 1 415 583 | 1 132 899 | 1 445 481 | 1 649 642 | 1 377 250 | 1 464 169 | 1 456 226 |
| Total non-current assets | 397 947 | 344 956 | 235 764 | 299 638 | 396 828 | 361 054 | 457 579 | 362 202 | 478 886 | 377 229 | 512 531 | 484 999 | 566 762 | 846 506 | 768 060 | 649 737 |
| Total assets | 895 381 | 859 026 | 877 399 | 1 003 201 | 1 427 528 | 1 372 668 | 1 357 211 | 1 474 512 | 1 936 013 | 1 792 812 | 1 645 430 | 1 930 480 | 2 216 404 | 2 223 756 | 2 232 229 | 2 105 963 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 590 870 | 347 750 | 248 553 | 206 099 | 242 982 | 175 455 | 171 839 | 172 854 | 200 998 | 649 606 | 477 304 | 544 542 | 431 054 | 413 564 | 409 854 | 407 838 |
| Non-current liabilities | 61 605 | 26 545 | 15 388 | 16 851 | 22 484 | 16 152 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 652 475 | 374 295 | 263 941 | 222 950 | 265 466 | 191 607 | 171 839 | 172 854 | 200 998 | 649 606 | 477 304 | 544 542 | 431 054 | 413 564 | 409 854 | 407 838 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 160 228 | 241 825 | 119 613 | 166 256 | 45 261 | 16 451 | 11 051 | 116 284 | 436 882 | 8191 | 24 920 | 217 812 | 399 411 | 24 842 | 12 183 | -124 250 |
| Total equity | 242 906 | 484 731 | 604 344 | 770 600 | 1 141 724 | 1 158 169 | 1 185 372 | 1 301 658 | 1 735 015 | 1 143 206 | 1 168 126 | 1 385 938 | 1 785 350 | 1 810 192 | 1 822 375 | 1 698 125 |
| Income statement | ||||||||||||||||
| Sales revenue | 1 765 030 | 2 650 328 | 1 966 155 | 1 930 103 | 2 709 466 | 2 485 951 | 2 141 218 | 2 218 289 | 2 897 424 | 2 408 962 | 1 600 981 | 2 460 572 | 2 993 820 | 1 738 988 | 1 915 339 | 1 472 203 |
| Operating profit | 188 217 | 285 844 | 141 754 | 194 347 | 55 555 | 13 417 | 11 729 | 136 689 | 437 657 | 8907 | 25 578 | 217 812 | 399 411 | 24 842 | 7577 | -127 166 |
| Profit before income tax | 186 023 | 281 540 | 132 604 | 191 342 | 54 824 | 12 638 | 11 051 | 135 979 | 436 882 | 8191 | 24 920 | 217 812 | 399 411 | 24 842 | 12 183 | -124 250 |
| Profit for the reporting year | 160 228 | 241 825 | 119 613 | 166 256 | 45 261 | 16 451 | 11 051 | 116 284 | 436 882 | 8191 | 24 920 | 217 812 | 399 411 | 24 842 | 12 183 | -124 250 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 14 | 20 | 16 | 28 | 43 | 42 | 37 | 36 | 34 | 35 | 31 | 28 | 29 | 27 | 25 | 19 |
| Calculated dividend | 61 400 | 62 500 | 54 900 | 58 555 | 34 000 | 40 000 | 0 | 0 | 3525 | 600 000 | 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 "GM Mežs"
Overview
Sabiedrība ar ierobežotu atbildību "GM Mežs" (reg. no. 40003789427) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Rīga, Blaumaņa iela 32 - 5.
Financial results
Revenue in 2025 was 1 472 203 €, down 23,1% on the previous year (1 915 339 €). From 2010 to 2025, revenue declined by an average of 1,2% per year. This is the company's lowest revenue among the published years (2010–2025). 2025 ended with a loss of 124 250 €. The company was profitable in 15 of the 16 published years. In 2025 the company had 19 employees (25 a year earlier). Revenue per employee was 77 484 €. At the end of 2025, total assets were 2 105 963 € and equity 1 698 125 € (80,6% of assets).
Management and owners
The board has 2 members. 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.