SIA "Timber Trade Development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 11 400 € (1% 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 | 3656 | 3611 | 23 231 | 28 091 | 46 017 | 91 746 | 111 151 | 88 608 | 321 863 | 414 253 | 860 945 | 597 923 | 868 069 | 821 048 |
| Total non-current assets | 0 | 116 | 131 | 37 444 | 95 501 | 308 686 | 391 931 | 669 625 | 722 663 | 901 615 | 1 120 257 | 1 946 064 | 2 197 531 | 2 565 444 |
| Total assets | 3656 | 3727 | 23 362 | 65 535 | 141 518 | 400 432 | 503 082 | 758 233 | 1 044 526 | 1 315 868 | 1 981 202 | 2 543 987 | 3 065 600 | 3 386 492 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 3223 | 3070 | 0 | 56 364 | 90 835 | 93 917 | 95 624 | 211 078 | 112 698 | 176 751 | 313 996 | 244 900 | 429 358 | 430 514 |
| Non-current liabilities | 0 | 0 | 16 206 | 0 | 38 622 | 223 502 | 205 716 | 220 121 | 325 749 | 300 241 | 307 341 | 549 852 | 768 327 | 895 404 |
| Total liabilities | 3223 | 3070 | 16 206 | 56 364 | 129 457 | 317 419 | 301 340 | 431 199 | 438 447 | 476 992 | 621 337 | 794 752 | 1 197 685 | 1 325 918 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 133 | 224 | 6221 | 2015 | 2890 | 70 952 | 118 729 | 205 293 | 279 045 | 232 797 | 532 488 | 410 370 | 154 480 | 204 059 |
| Total equity | 433 | 657 | 7156 | 9171 | 12 061 | 83 013 | 201 742 | 327 034 | 606 079 | 838 876 | 1 359 865 | 1 749 235 | 1 867 915 | 2 060 574 |
| Income statement | ||||||||||||||
| Sales revenue | 3000 | 27 675 | 30 450 | 52 940 | 295 026 | 657 387 | 992 216 | 962 265 | 1 248 854 | 1 376 650 | 2 875 951 | 2 467 456 | 1 975 929 | 2 402 346 |
| Operating profit | 133 | 332 | 7317 | 2049 | 5197 | 73 929 | 121 401 | 209 069 | 282 237 | 235 861 | 545 260 | 445 472 | 190 724 | 227 492 |
| Profit before income tax | 133 | 284 | 7317 | 2015 | 2890 | 72 001 | 118 729 | 205 293 | 279 045 | 232 797 | 532 488 | 410 370 | 154 480 | 204 059 |
| Profit for the reporting year | 133 | 224 | 6221 | 2015 | 2890 | 70 952 | 118 729 | 205 293 | 279 045 | 232 797 | 532 488 | 410 370 | 154 480 | 204 059 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 4 | 5 | 9 | 19 | 18 | 15 | 16 | 13 | 13 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 80 001 | 0 | 0 | 11 499 | 21 000 | 35 800 | 11 400 |
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 Trade Development"
Overview
SIA "Timber Trade Development" (reg. no. 40103541266) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Dobeles nov., Bikstu pag., "Akācijas".
Financial results
Revenue in 2025 was 2 402 346 €, up 21,6% on the previous year (1 975 929 €). From 2012 to 2025, revenue grew by an average of 67,2% per year. Net profit for 2025 was 204 059 € (8,5% of revenue). The company was profitable in all 14 published years. In 2025 the company had 13 employees. Revenue per employee was 184 796 €. At the end of 2025, total assets were 3 386 492 € and equity 2 060 574 € (60,8% 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.