SIA "Woodmaster"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 43 000 € (1% 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).
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 | 93 538 | 207 629 | 234 768 | 222 103 | 289 846 | 301 196 | 371 929 | 298 364 | 974 788 | 466 451 | 717 539 | 580 754 | 852 862 | 655 835 | 2 560 820 | 2 622 886 | 3 961 108 | 3 819 420 |
| Total non-current assets | 105 055 | 202 610 | 502 473 | 482 940 | 755 396 | 782 257 | 1 337 662 | 1 535 544 | 1 497 408 | 1 357 191 | 1 195 049 | 1 293 226 | 1 417 540 | 1 332 912 | 1 364 380 | 2 381 756 | 2 502 159 | 3 199 669 |
| Total assets | 198 593 | 410 239 | 737 241 | 705 043 | 1 045 242 | 1 083 453 | 1 709 591 | 1 833 908 | 2 472 196 | 1 823 642 | 1 912 588 | 1 873 980 | 2 270 402 | 1 988 747 | 3 925 200 | 5 004 642 | 6 463 267 | 7 019 089 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 48 333 | 116 780 | 223 544 | 316 998 | 350 779 | 393 099 | 751 102 | 781 980 | 1 200 919 | 588 660 | 423 136 | 492 923 | 474 262 | 401 120 | 596 845 | 620 477 | 645 599 | 561 982 |
| Non-current liabilities | 104 420 | 176 108 | 372 567 | 263 990 | 521 926 | 460 467 | 530 728 | 615 931 | 509 933 | 609 259 | 469 415 | 570 371 | 648 505 | 465 909 | 575 876 | 891 309 | 970 019 | 975 343 |
| Total liabilities | 152 753 | 292 888 | 596 111 | 580 988 | 872 705 | 853 566 | 1 281 830 | 1 397 911 | 1 710 852 | 1 197 919 | 892 551 | 1 063 294 | 1 122 767 | 867 029 | 1 172 721 | 1 511 786 | 1 615 618 | 1 537 325 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 43 840 | 111 511 | 139 130 | 97 925 | 163 482 | 207 350 | 320 660 | 308 236 | 265 229 | 264 380 | 697 314 | 110 193 | 409 949 | 133 083 | 1 777 761 | 1 080 377 | 1 509 793 | 677 115 |
| Total equity | 45 840 | 117 351 | 141 130 | 124 055 | 172 537 | 229 887 | 427 761 | 435 997 | 761 344 | 625 723 | 1 020 037 | 810 686 | 1 147 635 | 1 121 718 | 2 752 479 | 3 492 856 | 4 847 649 | 5 481 764 |
| Income statement | ||||||||||||||||||
| Sales revenue | 291 371 | 426 480 | 1 109 969 | 1 718 709 | 1 905 010 | 2 506 940 | 4 071 557 | 3 819 847 | 3 535 049 | 2 576 383 | 3 256 693 | 2 762 066 | 2 804 987 | 3 317 174 | 4 133 608 | 5 475 366 | 5 345 676 | 5 359 971 |
| Operating profit | 54 451 | 122 975 | 197 913 | 148 434 | 225 114 | 262 684 | 385 101 | 385 613 | 282 586 | 305 277 | 714 938 | 127 959 | 452 718 | 184 813 | 1 825 078 | 1 181 444 | 1 547 291 | 701 367 |
| Profit before income tax | 52 101 | 117 638 | 177 640 | 121 073 | 191 068 | 240 842 | 357 298 | 365 504 | 265 229 | 289 254 | 697 548 | 110 440 | 426 147 | 163 949 | 1 805 405 | 1 141 488 | 1 542 055 | 686 120 |
| Profit for the reporting year | 43 840 | 111 511 | 139 130 | 97 925 | 163 482 | 207 350 | 320 660 | 308 236 | 265 229 | 264 380 | 697 314 | 110 193 | 409 949 | 133 083 | 1 777 761 | 1 080 377 | 1 509 793 | 677 115 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 3 | 5 | 17 | 23 | 22 | 26 | 28 | 31 | 27 | 25 | 26 | 26 | 20 | 20 | 18 | 22 | 29 | 29 |
| Calculated dividend | 0 | 40 000 | 115 351 | 115 000 | 115 000 | 150 000 | 220 000 | 300 000 | 0 | 400 001 | 303 000 | 319 544 | 73 000 | 159 000 | 147 000 | 340 000 | 155 000 | 43 000 |
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 "Woodmaster"
Overview
SIA "Woodmaster" (reg. no. 40003950957) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Mārupes nov., Babītes pag., Piņķi, Parka iela 3.
Financial results
Revenue in 2025 was 5 359 971 €, on a par with the previous year. From 2008 to 2025, revenue grew by an average of 18,7% per year. Net profit for 2025 was 677 115 € (12,6% of revenue). The company was profitable in all 18 published years. In 2025 the company had 29 employees. Revenue per employee was 184 827 €. At the end of 2025, total assets were 7 019 089 € and equity 5 481 764 € (78,1% 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.