SIA "Timbertime"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (2% 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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 13 446 | 37 473 | 109 838 | 134 831 | 182 329 | 383 192 | 608 599 | 624 492 | 809 317 | 1 989 819 | 1 770 730 | 1 714 488 | 1 470 784 | 1 068 253 |
| Total non-current assets | 0 | 10 924 | 11 996 | 28 467 | 21 475 | 26 709 | 21 052 | 13 898 | 26 098 | 63 147 | 47 877 | 47 924 | 31 947 | 15 976 |
| Total assets | 13 446 | 48 397 | 121 834 | 163 298 | 203 804 | 409 901 | 629 651 | 638 390 | 835 415 | 2 052 966 | 1 818 607 | 1 762 412 | 1 502 731 | 1 084 229 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 18 226 | 53 711 | 118 939 | 163 901 | 195 793 | 300 503 | 463 563 | 344 477 | 377 744 | 1 094 270 | 760 217 | 911 816 | 918 058 | 676 593 |
| Non-current liabilities | 0 | 9772 | 10 442 | 20 980 | 13 291 | 21 277 | 0 | 5271 | 2085 | 39 686 | 28 506 | 18 796 | 8596 | 0 |
| Total liabilities | 18 226 | 63 483 | 129 381 | 184 881 | 209 084 | 321 780 | 463 563 | 349 748 | 379 829 | 1 133 956 | 788 723 | 930 612 | 926 654 | 676 593 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6780 | -10 306 | 13 918 | -14 036 | 30 221 | 93 401 | 146 070 | 195 607 | 239 979 | 563 424 | 206 481 | -43 105 | -170 722 | -158 441 |
| Total equity | -4780 | -15 086 | -7547 | -21 583 | -5280 | 88 121 | 166 088 | 288 642 | 455 586 | 919 010 | 1 029 884 | 831 800 | 576 077 | 407 636 |
| Income statement | ||||||||||||||
| Sales revenue | 246 758 | 222 348 | 581 640 | 637 460 | 771 519 | 2 202 111 | 2 573 017 | 2 701 487 | 3 586 974 | 6 310 488 | 6 012 923 | 3 087 687 | 2 312 866 | 1 840 118 |
| Operating profit | -6780 | -10 306 | 13 918 | -14 036 | 32 474 | 114 886 | 153 908 | 220 406 | 274 880 | 614 691 | 270 611 | 48 735 | -105 855 | -121 527 |
| Profit before income tax | -6780 | -10 306 | 13 918 | -14 036 | 32 474 | 114 886 | 153 908 | 213 879 | 260 843 | 591 073 | 230 424 | -4959 | -149 310 | -155 098 |
| Profit for the reporting year | -6780 | -10 306 | 13 918 | -14 036 | 30 221 | 93 401 | 146 070 | 195 607 | 239 979 | 563 424 | 206 481 | -43 105 | -170 722 | -158 441 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 68 103 | 73 053 | 73 035 | 100 000 | 95 607 | 154 979 | 85 001 | 10 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "Timbertime"
Overview
SIA "Timbertime" (reg. no. 40103470334) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Pūces iela 49 - 36C.
Financial results
Revenue in 2025 was 1 840 118 €, down 20,4% on the previous year (2 312 866 €). From 2012 to 2025, revenue grew by an average of 16,7% per year. 2025 ended with a loss of 158 441 €. The company was profitable in 8 of the 14 published years. In 2025 the company had 5 employees. Revenue per employee was 368 024 €. At the end of 2025, total assets were 1 084 229 € and equity 407 636 € (37,6% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.