SIA "Rīgas meži"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 624 905 € (<1% of equity at the end of the previous year).
Summary of financial statements2009–2025
| 2009 | 2010 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 1 251 768 | 1 307 098 | 2 252 156 | 2 697 048 | 4 192 265 | 4 707 445 | 4 633 540 | 7 316 094 | 10 619 639 | 7 616 731 | 9 600 195 | 12 863 435 | 14 794 754 | 12 616 075 | 15 652 556 | 16 985 588 |
| Total non-current assets | 53 938 279 | 74 062 231 | 77 303 755 | 88 061 492 | 125 344 521 | 126 023 818 | 124 818 668 | 123 949 356 | 123 445 091 | 125 398 094 | 123 816 394 | 184 905 897 | 184 433 026 | 189 176 073 | 185 998 271 | 186 889 943 |
| Total assets | 55 190 047 | 75 369 329 | 79 555 911 | 90 758 540 | 129 536 786 | 130 731 263 | 129 452 208 | 131 265 450 | 134 064 730 | 133 014 825 | 133 416 589 | 197 769 332 | 199 227 780 | 201 792 148 | 201 650 827 | 203 875 531 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 1 387 908 | 1 189 594 | 1 654 054 | 1 630 022 | 2 301 718 | 2 752 527 | 2 827 033 | 3 461 400 | 4 088 972 | 2 391 907 | 2 270 030 | 2 028 957 | 3 816 108 | 5 016 447 | 4 207 595 | 4 674 982 |
| Non-current liabilities | 326 103 | 317 138 | 3 069 944 | 3 569 930 | 4 483 378 | 3 657 832 | 1 974 232 | 849 367 | 486 831 | 484 547 | 239 877 | 57 236 | 287 126 | 136 995 | 16 645 | 72 668 |
| Total liabilities | 1 714 011 | 1 506 732 | 4 723 998 | 5 199 952 | 6 785 096 | 6 410 359 | 4 801 265 | 4 310 767 | 4 575 803 | 2 876 454 | 2 509 907 | 2 086 193 | 4 103 234 | 5 153 442 | 4 224 240 | 4 747 650 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8775 | 2 569 114 | 1 136 160 | 750 770 | 1 023 914 | 1 488 661 | 227 704 | 2 161 908 | 3 141 088 | 621 579 | 648 640 | 9 030 982 | 2 787 686 | 1 984 302 | 2 009 654 | 1 726 198 |
| Total equity | 53 357 085 | 73 815 782 | 74 725 790 | 85 405 960 | 122 545 646 | 124 053 107 | 124 560 923 | 126 242 807 | 128 977 824 | 129 667 223 | 130 315 862 | 195 683 139 | 195 124 546 | 196 638 706 | 197 426 587 | 199 127 881 |
| Income statement | ||||||||||||||||
| Sales revenue | 2 518 818 | 3 032 781 | 4 665 823 | 5 187 127 | 11 658 530 | 12 904 190 | 14 950 372 | 18 457 500 | 20 012 925 | 16 822 617 | 18 212 297 | 17 567 042 | 21 347 667 | 21 946 519 | 21 491 254 | 21 497 564 |
| Operating profit | 56 015 | 2 719 157 | 1 288 554 | 926 453 | 1 627 157 | 1 634 266 | 303 607 | 2 401 214 | 3 169 934 | 633 996 | 660 249 | 1 126 559 | 2 146 270 | 878 170 | 1 218 079 | 1 247 221 |
| Profit before income tax | 39 323 | 2 733 830 | 1 274 210 | 845 885 | 1 514 293 | 1 539 297 | 227 704 | 2 349 366 | 3 141 088 | 621 579 | 648 640 | 9 030 982 | 2 787 686 | 1 984 302 | 2 009 654 | 1 726 198 |
| Profit for the reporting year | 8775 | 2 569 114 | 1 136 160 | 750 770 | 1 023 914 | 1 488 661 | 227 704 | 2 161 908 | 3 141 088 | 621 579 | 648 640 | 9 030 982 | 2 787 686 | 1 984 302 | 2 009 654 | 1 726 198 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 127 | 140 | 286 | 339 | 336 | 409 | 440 | 444 | 436 | 421 | 412 | 408 | 387 | 398 | 346 | 333 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 346 279 | 2 761 156 | 1 221 773 | 624 905 |
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 "Rīgas meži"
Overview
SIA "Rīgas meži" (reg. no. 40003982628) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Rīga, Ojāra Vācieša iela 6 k-1.
Financial results
Revenue in 2025 was 21 497 564 €, on a par with the previous year. From 2009 to 2025, revenue grew by an average of 15,4% per year. Net profit for 2025 was 1 726 198 € (8,0% of revenue). The company was profitable in all 16 published years. In 2025 the company had 333 employees (346 a year earlier). Revenue per employee was 64 557 €. At the end of 2025, total assets were 203 875 531 € and equity 199 127 881 € (97,7% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Rīgas valstspilsētas pašvaldība.
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.