ZAZA TIMBER Production SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 52 489 € (6% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 165 017 | 131 440 | 141 039 | 368 903 | 383 762 | 587 322 | 450 081 | 1 147 360 | 1 386 993 | 1 319 584 | 1 415 896 | 2 178 569 |
| Total non-current assets | 2 154 848 | 5 126 554 | 4 732 122 | 4 264 588 | 4 926 606 | 4 941 335 | 5 174 252 | 5 198 313 | 4 982 654 | 7 037 619 | 6 815 197 | 6 780 905 |
| Total assets | 2 319 865 | 5 257 994 | 4 873 161 | 4 633 491 | 5 310 368 | 5 528 657 | 5 624 333 | 6 345 673 | 6 369 647 | 8 357 203 | 8 231 093 | 8 959 474 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 657 683 | 453 387 | 576 584 | 855 220 | 2 412 289 | 1 248 597 | 1 291 266 | 1 439 937 | 2 207 068 | 1 818 863 | 2 604 585 | 3 160 669 |
| Non-current liabilities | 1 686 109 | 4 967 363 | 4 676 683 | 4 384 003 | 3 569 571 | 3 740 454 | 3 435 258 | 3 769 984 | 3 463 993 | 5 544 762 | 4 752 441 | 4 711 823 |
| Total liabilities | 2 343 792 | 5 420 750 | 5 253 267 | 5 239 223 | 5 981 860 | 4 989 051 | 4 726 524 | 5 209 921 | 5 671 061 | 7 363 625 | 7 357 026 | 7 872 492 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -26 071 | -138 829 | -217 350 | -225 626 | -65 760 | -288 902 | -428 732 | 290 432 | -384 677 | 347 481 | -67 023 | 265 404 |
| Total equity | -23 927 | -162 756 | -380 106 | -605 732 | -671 492 | 539 606 | 897 809 | 1 135 752 | 698 586 | 993 578 | 874 067 | 1 086 982 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 486 957 | 314 743 | 550 111 | 1 187 395 | 1 262 077 | 1 301 518 | 2 634 776 | 3 423 393 | 5 612 526 | 5 080 492 | 5 925 696 |
| Operating profit | -11 736 | -190 987 | -475 930 | -489 610 | -320 982 | -355 302 | -354 498 | 384 071 | -266 798 | 564 366 | 91 857 | 361 048 |
| Profit before income tax | -26 071 | -137 393 | -217 350 | -225 626 | -65 760 | -288 902 | -427 916 | 291 890 | -383 177 | 349 710 | -65 397 | 266 780 |
| Profit for the reporting year | -26 071 | -138 829 | -217 350 | -225 626 | -65 760 | -288 902 | -428 732 | 290 432 | -384 677 | 347 481 | -67 023 | 265 404 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 4 | 5 | 9 | 14 | 18 | 19 | 24 | 37 | 45 | 49 | 54 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 52 489 | 52 489 | 52 489 | 52 488 | 52 489 |
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: ZAZA TIMBER Production SIA
Overview
ZAZA TIMBER Production SIA (reg. no. 40103458755) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Jelgavas nov., Cenu pag., Raubēni, Rubeņu ceļš 46F.
Financial results
Revenue in 2025 was 5 925 696 €, up 16,6% on the previous year (5 080 492 €). This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 265 404 € (4,5% of revenue). The company was profitable in 3 of the 12 published years. In 2025 the company had 54 employees (49 a year earlier). Revenue per employee was 109 735 €. At the end of 2025, total assets were 8 959 474 € and equity 1 086 982 € (12,1% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (99,9%) is held by Sabiedrība ar ierobežotu atbildību "Marko īpašumi".
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.