Sabiedrība ar ierobežotu atbildību "ARGO TIMBER"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 21 998 € (10% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 73 751 | 14 514 | 46 908 | 55 658 | 158 942 | 75 564 | 194 498 | 145 901 | 389 095 | 308 318 | 411 667 | 454 184 | 650 487 | 700 859 | 1 004 554 | 1 408 588 |
| Total non-current assets | 0 | 400 | 630 | 505 | 374 | 1940 | 2370 | 1452 | 661 | 3990 | 2971 | 19 259 | 18 596 | 563 | 17 321 | 32 021 |
| Total assets | 73 751 | 14 914 | 47 538 | 56 163 | 159 316 | 77 504 | 196 868 | 147 353 | 389 756 | 312 308 | 414 638 | 473 443 | 669 083 | 701 422 | 1 021 875 | 1 440 609 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 22 146 | 13 252 | 37 752 | 40 929 | 107 377 | 58 769 | 60 333 | 48 681 | 276 607 | 260 606 | 339 323 | 302 938 | 427 475 | 504 506 | 806 012 | 1 194 735 |
| Non-current liabilities | 43 000 | 0 | 0 | 0 | 0 | 0 | 105 290 | 53 200 | 36 417 | 0 | 0 | 42 686 | 25 000 | 0 | 0 | 24 755 |
| Total liabilities | 65 146 | 13 252 | 37 752 | 40 929 | 107 377 | 58 769 | 165 623 | 101 881 | 313 024 | 260 606 | 339 323 | 345 624 | 452 475 | 504 506 | 806 012 | 1 219 490 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 2605 | -6943 | 8124 | 5448 | 30 263 | -2942 | 12 510 | 14 227 | 31 260 | 11 916 | 42 987 | 77 062 | 120 039 | 1907 | 18 947 | 27 254 |
| Total equity | 8605 | 1662 | 9786 | 15 234 | 51 939 | 18 735 | 31 245 | 45 472 | 76 732 | 51 702 | 75 315 | 127 819 | 216 608 | 196 916 | 215 863 | 221 119 |
| Income statement | ||||||||||||||||
| Sales revenue | 187 828 | 414 764 | 517 538 | 1 049 549 | 2 308 377 | 829 643 | 965 831 | 1 203 324 | 3 607 632 | 2 295 914 | 3 035 726 | 4 889 444 | 2 608 859 | 2 202 011 | 3 310 651 | 5 592 398 |
| Operating profit | 2880 | -6943 | 8343 | 6440 | 34 984 | 3075 | 18 047 | 21 027 | 33 269 | 14 556 | 43 681 | 79 912 | 121 274 | 14 499 | 26 581 | 50 603 |
| Profit before income tax | 3067 | -6943 | 8343 | 6440 | 34 984 | -2942 | 14 639 | 16 843 | 31 260 | 11 916 | 42 987 | 77 062 | 120 039 | 7307 | 18 947 | 33 004 |
| Profit for the reporting year | 2605 | -6943 | 8124 | 5448 | 30 263 | -2942 | 12 510 | 14 227 | 31 260 | 11 916 | 42 987 | 77 062 | 120 039 | 1907 | 18 947 | 27 254 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 4 | 4 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 30 262 | 0 | 0 | 0 | 36 946 | 19 374 | 19 646 | 31 250 | 21 599 | 0 | 21 998 |
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 "ARGO TIMBER"
Overview
Sabiedrība ar ierobežotu atbildību "ARGO TIMBER" (reg. no. 40103238615) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Alfrēda Kalniņa iela 4 - 22.
Financial results
Revenue in 2025 was 5 592 398 €, up 68,9% on the previous year (3 310 651 €). From 2010 to 2025, revenue grew by an average of 25,4% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 27 254 € (0,5% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 3 employees. Revenue per employee was 1 864 133 €. At the end of 2025, total assets were 1 440 609 € and equity 221 119 € (15,3% 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.