Sabiedrība ar ierobežotu atbildību "Pallet Timber Company"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 63 479 € (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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 15 556 | 22 692 | 54 685 | 73 573 | 128 015 | 203 644 | 486 944 | 115 882 | 199 505 | 444 089 | 547 286 | 431 137 | 469 617 | 468 084 |
| Total non-current assets | 23 867 | 32 120 | 80 696 | 85 778 | 67 107 | 128 226 | 87 887 | 424 969 | 391 149 | 397 909 | 550 086 | 686 573 | 631 343 | 576 599 |
| Total assets | 39 423 | 54 812 | 135 381 | 159 351 | 195 122 | 331 870 | 574 831 | 540 851 | 590 654 | 841 998 | 1 097 372 | 1 117 710 | 1 100 960 | 1 044 683 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 13 875 | 16 151 | 39 364 | 60 578 | 110 584 | 203 360 | 80 189 | 81 569 | 50 324 | 61 809 | 44 529 | 38 266 | 45 741 | 19 830 |
| Non-current liabilities | 23 277 | 15 160 | 60 908 | 44 547 | 29 859 | 31 450 | 5753 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 37 152 | 31 311 | 100 272 | 105 125 | 140 443 | 234 810 | 85 942 | 81 569 | 50 324 | 61 809 | 44 529 | 38 266 | 45 741 | 19 830 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 271 | 21 501 | 32 263 | 42 871 | 49 283 | 94 232 | 417 429 | 66 025 | 114 548 | 307 960 | 388 254 | 89 751 | 50 175 | 33 113 |
| Total equity | 2271 | 23 501 | 35 109 | 45 717 | 54 679 | 97 060 | 488 889 | 459 282 | 540 330 | 780 189 | 1 052 843 | 1 079 444 | 1 055 219 | 1 024 853 |
| Income statement | ||||||||||||||
| Sales revenue | 45 286 | 162 096 | 449 308 | 732 101 | 913 734 | 1 120 986 | 1 629 722 | 760 902 | 767 694 | 1 297 892 | 1 573 038 | 895 108 | 841 084 | 762 167 |
| Operating profit | 271 | 22 478 | 39 013 | 55 522 | 58 387 | 110 031 | 418 454 | 67 401 | 123 556 | 326 038 | 417 167 | 105 539 | 68 805 | 49 003 |
| Profit before income tax | 271 | 22 285 | 38 008 | 54 702 | 57 370 | 108 836 | 417 439 | 66 033 | 122 933 | 324 996 | 417 167 | 105 539 | 68 805 | 49 003 |
| Profit for the reporting year | 271 | 21 501 | 32 263 | 42 871 | 49 283 | 94 232 | 417 429 | 66 025 | 114 548 | 307 960 | 388 254 | 89 751 | 50 175 | 33 113 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 5 | 5 | 12 | 13 | 12 | 14 | 14 | 10 | 9 | 9 | 8 | 7 | 7 | 8 |
| Calculated dividend | 0 | 0 | 30 593 | 32 263 | 40 321 | 51 851 | 25 600 | 95 632 | 33 500 | 68 101 | 115 600 | 63 150 | 74 400 | 63 479 |
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: Sabiedrība ar ierobežotu atbildību "Pallet Timber Company"
Overview
Sabiedrība ar ierobežotu atbildību "Pallet Timber Company" (reg. no. 40103522231) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Stirnu iela 4 - 5.
Financial results
Revenue in 2025 was 762 167 €, down 9,4% on the previous year (841 084 €). From 2012 to 2025, revenue grew by an average of 24,3% per year. Net profit for 2025 was 33 113 € (4,3% of revenue). The company was profitable in all 14 published years. In 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 95 271 €. At the end of 2025, total assets were 1 044 683 € and equity 1 024 853 € (98,1% 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.