Sabiedrība ar ierobežotu atbildību "Norvik Timber Industries"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 305 977 | 374 293 | 337 129 | 110 763 | 110 104 | 109 994 | 109 933 | 416 051 | 4 236 492 | 20 616 |
| Total non-current assets | 1914 | 1964 | 0 | 0 | 0 | 0 | 0 | 14 092 000 | 23 357 446 | 14 092 000 |
| Total assets | 307 891 | 376 257 | 337 129 | 110 763 | 110 104 | 109 994 | 109 933 | 14 508 051 | 27 593 938 | 14 112 616 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 5762 | 5439 | 157 788 | 242 | 0 | 249 | 1555 | 10 733 514 | 13 818 616 | 3832 |
| Non-current liabilities | 148 | 0 | 0 | 0 | 54 | 0 | 0 | 0 | 2 174 796 | 0 |
| Total liabilities | 5910 | 5439 | 157 788 | 242 | 54 | 249 | 1555 | 10 733 514 | 15 993 412 | 3832 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 62 880 | 68 837 | 108 523 | -848 | -471 | -305 | -1367 | 669 004 | -396 000 | -791 837 |
| Total equity | 301 981 | 370 818 | 179 341 | 110 521 | 110 050 | 109 745 | 108 378 | 3 774 537 | 11 600 526 | 14 108 784 |
| Income statement | ||||||||||
| Sales revenue | 272 157 | 348 000 | 197 000 | 0 | 0 | 0 | 0 | 0 | 2 811 486 | 0 |
| Operating profit | 41 896 | 82 375 | 108 837 | -3094 | -1380 | -255 | -1317 | -6696 | 89 173 | -13 894 |
| Profit before income tax | 68 825 | 82 375 | 108 837 | -798 | -421 | -255 | -1317 | 669 004 | -354 550 | -791 787 |
| Profit for the reporting year | 62 880 | 68 837 | 108 523 | -848 | -471 | -305 | -1367 | 669 004 | -396 000 | -791 837 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 35 | 0 |
| Calculated dividend | 0 | 0 | 0 | 67 972 | 0 | 0 | 0 | 0 | 136 000 | 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 "Norvik Timber Industries"
Overview
Sabiedrība ar ierobežotu atbildību "Norvik Timber Industries" (reg. no. 40103248401) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Lāčplēša iela 75 - 7/8.
Financial results
There was no revenue in 2025. 2025 ended with a loss of 791 837 €. The company was profitable in 4 of the 10 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 14 112 616 € and equity 14 108 784 € (100,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Norvik hf..
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.