LATFOLDE ONE SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 7558 | 11 217 | 30 540 | 10 430 | 6556 | 12 861 | 6631 | 8640 | 46 034 | 26 206 | 72 463 | 62 362 | 39 555 |
| Total non-current assets | 642 896 | 1 178 008 | 1 175 914 | 1 205 545 | 1 205 932 | 1 202 011 | 1 200 318 | 1 200 525 | 1 200 525 | 1 315 197 | 1 613 937 | 1 631 781 | 1 705 319 |
| Total assets | 650 454 | 1 189 225 | 1 206 454 | 1 215 975 | 1 212 488 | 1 214 872 | 1 206 949 | 1 209 165 | 1 246 559 | 1 341 403 | 1 686 400 | 1 694 143 | 1 744 874 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 23 153 | 42 769 | 59 013 | 1 030 035 | 605 333 | 1 016 582 | 907 992 | 981 916 | 987 772 | 936 610 | 808 227 | 68 489 | 88 308 |
| Non-current liabilities | 717 669 | 1 253 192 | 1 284 752 | 352 000 | 387 000 | 0 | 0 | 0 | 41 705 | 142 672 | 638 954 | 500 000 | 606 186 |
| Total liabilities | 740 822 | 1 295 961 | 1 343 765 | 1 382 035 | 992 333 | 1 016 582 | 907 992 | 981 916 | 1 029 477 | 1 079 282 | 1 447 181 | 568 489 | 694 494 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -35 645 | 21 846 | -30 575 | -28 749 | -63 745 | -21 865 | 100 667 | -71 707 | -10 167 | 45 039 | -22 902 | -6737 | -75 274 |
| Total equity | -90 368 | -106 736 | -137 311 | -166 060 | 220 155 | 198 290 | 298 957 | 227 249 | 217 082 | 262 121 | 239 219 | 1 125 654 | 1 050 380 |
| Income statement | |||||||||||||
| Sales revenue | 599 | 19 266 | 29 157 | 26 557 | 2365 | 60 397 | 39 780 | 4780 | 41 481 | 36 534 | 50 109 | 89 109 | 60 509 |
| Operating profit | -19 490 | -24 776 | -11 428 | -7959 | -42 530 | -3704 | 117 375 | -68 877 | -9962 | 46 006 | -10 027 | 26 512 | -51 163 |
| Profit before income tax | -34 274 | 24 891 | -27 826 | -28 749 | -63 745 | -21 865 | 100 667 | -71 707 | -10 167 | 45 039 | -22 902 | -6737 | -75 274 |
| Profit for the reporting year | -35 645 | 21 846 | -30 575 | -28 749 | -63 745 | -21 865 | 100 667 | -71 707 | -10 167 | 45 039 | -22 902 | -6737 | -75 274 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 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: LATFOLDE ONE SIA
Overview
LATFOLDE ONE SIA (reg. no. 40103264868) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Alberta iela 13.
Financial results
Revenue in 2025 was 60 509 €, down 32,1% on the previous year (89 109 €). From 2013 to 2025, revenue grew by an average of 46,9% per year. 2025 ended with a loss of 75 274 €. The company was profitable in 3 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 30 255 €. At the end of 2025, total assets were 1 744 874 € and equity 1 050 380 € (60,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is Latvian Forest Company AB.
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.