Sabiedrība ar ierobežotu atbildību "Latvian Timber"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 43 834 € (9% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
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 | 33 084 | 16 023 | 24 680 | 34 910 | 43 334 | 58 088 | 67 168 | 123 163 | 146 474 | 159 275 | 251 317 | 456 125 | 361 242 | 463 219 | 633 474 |
| Total non-current assets | 11 264 | 8495 | 5838 | 5207 | 2768 | 528 | 4677 | 35 834 | 24 723 | 18 605 | 7385 | 4596 | 36 953 | 30 823 | 68 394 |
| Total assets | 44 348 | 24 518 | 30 518 | 40 117 | 46 102 | 58 616 | 71 845 | 158 997 | 171 197 | 177 880 | 258 702 | 460 721 | 398 195 | 494 042 | 701 868 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 33 089 | 21 430 | 28 856 | 37 891 | 42 487 | 45 120 | 51 790 | 121 541 | 88 982 | 46 113 | 65 451 | 167 089 | 26 882 | 17 518 | 262 873 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 33 089 | 21 430 | 28 856 | 37 891 | 42 487 | 45 120 | 51 790 | 121 541 | 88 982 | 46 113 | 65 451 | 167 089 | 26 882 | 17 518 | 262 873 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 9141 | -8408 | -1544 | -2082 | 1069 | 9899 | 6559 | 17 401 | 44 759 | 49 552 | 68 384 | 100 381 | 79 894 | 105 211 | 6305 |
| Total equity | 11 141 | 2733 | 1189 | -390 | 679 | 10 560 | 17 119 | 34 520 | 79 279 | 128 831 | 190 315 | 290 696 | 371 313 | 476 524 | 438 995 |
| Income statement | |||||||||||||||
| Sales revenue | 118 329 | 46 239 | 135 657 | 256 029 | 309 733 | 509 233 | 585 269 | 1 008 478 | 1 002 018 | 578 657 | 1 567 138 | 2 639 287 | 1 295 415 | 1 068 316 | 1 342 731 |
| Operating profit | 12 692 | -9402 | -1544 | -2082 | 1069 | 10 637 | 7226 | 17 401 | 44 759 | 49 552 | 68 384 | 100 381 | 79 894 | 105 211 | 8490 |
| Profit before income tax | 10 081 | -8408 | -1544 | -2082 | 1069 | 10 637 | 7226 | 17 401 | 44 759 | 49 552 | 68 384 | 100 381 | 79 894 | 105 211 | 6305 |
| Profit for the reporting year | 9141 | -8408 | -1544 | -2082 | 1069 | 9899 | 6559 | 17 401 | 44 759 | 49 552 | 68 384 | 100 381 | 79 894 | 105 211 | 6305 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 4 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6900 | 0 | 0 | 0 | 43 834 |
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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Related companies
- SIA Timber Estate — 85%
- SIA "Energy Expert" — 2 shared people
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- Sabiedrība ar ierobežotu atbildību "Baltic Fresh" — 2 shared people
- Sabiedrība ar ierobežotu atbildību "Energy Ekspert" — 2 shared people
- Dārzkopības kooperatīvā sabiedrība "CEKULE"
- Sabiedrība ar ierobežotu atbildību "BAUSTELLE"
- Sabiedrība ar ierobežotu atbildību "EKO KOKSNE"
Summary: Sabiedrība ar ierobežotu atbildību "Latvian Timber"
Overview
Sabiedrība ar ierobežotu atbildību "Latvian Timber" (reg. no. 40103397253) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Salaspils nov., Salaspils pag., "Lielrūķi".
Financial results
Revenue in 2025 was 1 342 731 €, up 25,7% on the previous year (1 068 316 €). From 2011 to 2025, revenue grew by an average of 18,9% per year. Net profit for 2025 was 6305 € (0,5% of revenue). The company was profitable in 12 of the 15 published years. In 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 335 683 €. At the end of 2025, total assets were 701 868 € and equity 438 995 € (62,5% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (40,1%) is held by Sabiedrība ar ierobežotu atbildību "Trustee". The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.