SIA "AM FOREST"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 | 33 815 | 74 290 | 67 420 | 137 707 | 159 399 | 261 216 | 286 301 | 363 597 | 205 497 | 119 884 | 322 781 | 588 733 | 787 890 | 1 140 697 | 797 306 |
| Total non-current assets | 1157 | 64 089 | 65 785 | 435 821 | 350 580 | 481 367 | 514 630 | 592 013 | 494 142 | 339 433 | 426 507 | 1 275 229 | 1 193 018 | 834 643 | 525 897 |
| Total assets | 34 972 | 138 379 | 133 205 | 573 528 | 509 979 | 742 583 | 800 931 | 955 610 | 699 639 | 459 317 | 749 288 | 1 863 962 | 1 980 908 | 1 975 340 | 1 323 203 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 6652 | 44 178 | 25 525 | 268 394 | 189 847 | 363 828 | 471 899 | 609 955 | 555 411 | 476 881 | 602 395 | 847 819 | 952 273 | 1 150 487 | 1 430 117 |
| Non-current liabilities | 0 | 0 | 25 680 | 114 638 | 128 416 | 178 052 | 199 985 | 340 819 | 167 812 | 79 476 | 109 100 | 479 353 | 484 544 | 270 359 | 177 811 |
| Total liabilities | 6652 | 44 178 | 51 205 | 383 032 | 318 263 | 541 880 | 671 884 | 950 774 | 723 223 | 556 357 | 711 495 | 1 327 172 | 1 436 817 | 1 420 846 | 1 607 928 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 26 320 | 65 881 | -12 201 | 69 833 | 1619 | 74 545 | 28 455 | -14 327 | -28 420 | -73 456 | 134 833 | 498 997 | 7301 | 10 403 | -839 219 |
| Total equity | 28 320 | 94 201 | 82 000 | 186 510 | 188 129 | 200 703 | 129 047 | 4836 | -23 584 | -97 040 | 37 793 | 536 790 | 544 091 | 554 494 | -284 725 |
| Income statement | |||||||||||||||
| Sales revenue | 118 381 | 254 819 | 270 287 | 997 731 | 1 019 386 | 1 283 495 | 1 517 209 | 1 758 255 | 1 657 580 | 1 351 602 | 2 108 665 | 4 057 103 | 3 104 835 | 3 211 775 | 2 993 035 |
| Operating profit | 31 185 | 78 337 | -10 866 | 89 142 | 14 138 | 87 775 | 46 724 | 6312 | -5621 | -60 109 | 148 696 | 540 325 | 111 529 | 100 572 | -777 958 |
| Profit before income tax | 30 924 | 76 402 | -12 201 | 80 912 | 3622 | 75 551 | 28 455 | -12 905 | -26 218 | -70 745 | 138 439 | 499 516 | 7989 | 11 089 | -838 759 |
| Profit for the reporting year | 26 320 | 65 881 | -12 201 | 69 833 | 1619 | 74 545 | 28 455 | -14 327 | -28 420 | -73 456 | 134 833 | 498 997 | 7301 | 10 403 | -839 219 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 7 | 5 | 5 | 7 | 10 | 10 | 15 | 18 | 18 | 15 | 15 | 20 | 25 | 18 | 17 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 61 971 | 100 111 | 109 884 | 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: SIA "AM FOREST"
Overview
SIA "AM FOREST" (reg. no. 40103347835) is a limited liability company. The company was registered in 2010 and has been in the register for 15 years. Registered address: Kuldīgas nov., Kuldīga, Pilsētas laukums 4A.
Financial results
Revenue in 2025 was 2 993 035 €, down 6,8% on the previous year (3 211 775 €). From 2011 to 2025, revenue grew by an average of 26,0% per year. 2025 ended with a loss of 839 219 €. The company was profitable in 10 of the 15 published years. In 2025 the company had 17 employees (18 a year earlier). Revenue per employee was 176 061 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-284 725 €).
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.