Sabiedrība ar ierobežotu atbildību "PalWood"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 74 397 | 56 665 | 51 056 | 141 043 | 130 528 | 171 199 | 195 974 | 340 207 | 220 168 | 284 478 | 469 563 | 605 448 | 157 678 | 139 250 | 192 134 |
| Total non-current assets | 43 892 | 45 017 | 35 146 | 43 085 | 67 942 | 62 042 | 60 082 | 80 271 | 66 610 | 86 247 | 184 189 | 193 336 | 235 252 | 183 531 | 107 748 |
| Total assets | 118 289 | 101 682 | 86 202 | 184 128 | 198 470 | 233 241 | 256 056 | 420 478 | 286 778 | 370 725 | 653 752 | 798 784 | 392 930 | 322 781 | 299 882 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 49 625 | 57 123 | 53 994 | 137 296 | 109 682 | 179 639 | 218 070 | 373 230 | 275 872 | 317 686 | 291 744 | 263 465 | 244 364 | 252 346 | 189 384 |
| Non-current liabilities | 22 162 | 9642 | 6662 | 0 | 15 821 | 7666 | 5118 | 11 740 | 6533 | 3789 | 20 694 | 14 786 | 31 020 | 20 277 | 10 363 |
| Total liabilities | 71 787 | 66 765 | 60 656 | 137 296 | 125 503 | 187 305 | 223 188 | 384 970 | 282 405 | 321 475 | 312 438 | 278 251 | 275 384 | 272 623 | 199 747 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 29 195 | -12 421 | -8827 | 2001 | 15 398 | 9962 | -10 568 | 2640 | -31 135 | 44 877 | 292 064 | 179 219 | -402 987 | -67 388 | 49 977 |
| Total equity | 42 736 | 30 315 | 21 488 | 32 576 | 47 974 | 45 936 | 32 868 | 35 508 | 4373 | 49 250 | 341 314 | 520 533 | 117 546 | 50 158 | 100 135 |
| Income statement | |||||||||||||||
| Sales revenue | 666 159 | 551 288 | 434 917 | 923 424 | 1 049 711 | 994 517 | 1 089 954 | 1 474 393 | 1 427 040 | 1 459 130 | 2 461 629 | 2 373 810 | 1 324 842 | 1 239 325 | 815 404 |
| Operating profit | 34 834 | -9635 | -8048 | 2600 | 18 153 | 12 836 | -10 080 | 3316 | -30 533 | 45 319 | 292 650 | 180 998 | -402 198 | -65 250 | 51 362 |
| Profit before income tax | 33 485 | -12 421 | -8827 | 2001 | 17 698 | 12 067 | -10 568 | 2771 | -31 069 | 44 965 | 292 312 | 179 848 | -402 844 | -67 283 | 50 002 |
| Profit for the reporting year | 29 195 | -12 421 | -8827 | 2001 | 15 398 | 9962 | -10 568 | 2640 | -31 135 | 44 877 | 292 064 | 179 219 | -402 987 | -67 388 | 49 977 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 14 | 17 | 13 | 12 | 12 | 12 | 13 | 13 | 18 | 16 | 18 | 18 | 14 | 14 | 12 |
| Calculated dividend | 4950 | 0 | 0 | 0 | 0 | 12 000 | 2500 | 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: Sabiedrība ar ierobežotu atbildību "PalWood"
Overview
Sabiedrība ar ierobežotu atbildību "PalWood" (reg. no. 40103267760) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Kurzemes prospekts 3H.
Financial results
Revenue in 2025 was 815 404 €, down 34,2% on the previous year (1 239 325 €). From 2011 to 2025, revenue grew by an average of 1,5% per year. Net profit for 2025 was 49 977 € (6,1% of revenue). The company was profitable in 9 of the 15 published years. In 2025 the company had 12 employees (14 a year earlier). Revenue per employee was 67 950 €. At the end of 2025, total assets were 299 882 € and equity 100 135 € (33,4% 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.