SIA "Timber Solution"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 | 25 805 | 16 836 | 16 316 | 34 405 | 50 916 | 11 823 | 7786 | 6085 | 5494 | 4818 | 4185 | 4119 | 3383 | 2952 | 3013 |
| Total non-current assets | 417 | 317 | 217 | 166 | 66 | 15 985 | 15 985 | 15 985 | 15 985 | 15 985 | 15 985 | 15 985 | 15 985 | 15 985 | 5285 |
| Total assets | 26 222 | 17 153 | 16 533 | 34 571 | 50 982 | 27 808 | 23 771 | 22 070 | 21 479 | 20 803 | 20 170 | 20 104 | 19 368 | 18 937 | 8298 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 4799 | 123 | 5 | 703 | 16 814 | 0 | 0 | 0 | 0 | 0 | 0 | 670 | 670 | 670 | 600 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 13 950 | 12 885 | 11 948 | 11 948 | 11 948 | 11 948 | 11 948 | 11 948 | 11 927 | 1320 |
| Total liabilities | 4799 | 123 | 5 | 703 | 16 814 | 13 950 | 12 885 | 11 948 | 11 948 | 11 948 | 11 948 | 12 618 | 12 618 | 12 597 | 1920 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 19 423 | -4393 | -503 | 10 351 | 300 | 11 011 | -2972 | -764 | -591 | -676 | -633 | -736 | -736 | -410 | 38 |
| Total equity | 21 423 | 17 030 | 16 528 | 33 868 | 34 168 | 13 858 | 10 886 | 10 122 | 9531 | 8855 | 8222 | 7486 | 6750 | 6340 | 6378 |
| Income statement | |||||||||||||||
| Sales revenue | 48 719 | 7408 | 0 | 35 855 | 72 917 | 45 326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | 22 815 | -4393 | -503 | 11 104 | 435 | 12 954 | -2972 | -714 | -541 | -626 | -583 | -686 | -686 | -360 | 10 638 |
| Profit before income tax | 22 815 | -4393 | -503 | 11 104 | 435 | 12 954 | -2972 | -714 | -541 | -626 | -583 | -686 | -686 | -360 | 10 638 |
| Profit for the reporting year | 19 423 | -4393 | -503 | 10 351 | 300 | 11 011 | -2972 | -764 | -591 | -676 | -633 | -736 | -736 | -410 | 38 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 4 | 4 | 4 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 31 321 | 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: SIA "Timber Solution"
Overview
SIA "Timber Solution" (reg. no. 40103380609) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Ilūkstes iela 38 - 133.
Financial results
There was no revenue in 2025. Net profit for 2025 was 38 €. The company was profitable in 5 of the 15 published years. In 2025 the company had 1 employees. At the end of 2025, total assets were 8298 € and equity 6378 € (76,9% 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.