SIA "FORESTRY FINANCE"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 5837 | 4367 | 1811 | 613 934 | 260 763 | 97 | 18 | 108 | 220 612 | 217 622 | 217 216 | 332 794 |
| Total non-current assets | 1030 | 677 | 324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 6867 | 5044 | 2135 | 613 934 | 260 763 | 97 | 18 | 108 | 220 612 | 217 622 | 217 216 | 332 794 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 4643 | 2316 | 1863 | 607 234 | 251 851 | 1800 | 2015 | 463 | 232 239 | 228 529 | 226 931 | 290 575 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1800 | 1800 | 16 750 | 28 750 | 28 750 |
| Total liabilities | 4643 | 2316 | 1863 | 607 234 | 251 851 | 1800 | 2015 | 2263 | 234 039 | 245 279 | 255 681 | 319 325 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -40 622 | 504 | -2456 | 6428 | 2464 | -10 615 | -293 | -159 | -11 272 | -14 231 | -10 808 | 51 934 |
| Total equity | 2224 | 2728 | 272 | 6700 | 8912 | -1703 | -1997 | -2155 | -13 427 | -27 657 | -38 465 | 13 469 |
| Income statement | ||||||||||||
| Sales revenue | 27 533 | 13 039 | 968 | 856 479 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115 000 |
| Operating profit | -40 312 | 507 | -2454 | 6428 | 61 631 | 2785 | -293 | -159 | -7116 | -8190 | -3260 | 112 408 |
| Profit before income tax | -40 622 | 504 | -2456 | 6428 | 2464 | -10 615 | -293 | -159 | -11 272 | -14 231 | -10 808 | 51 934 |
| Profit for the reporting year | -40 622 | 504 | -2456 | 6428 | 2464 | -10 615 | -293 | -159 | -11 272 | -14 231 | -10 808 | 51 934 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 "FORESTRY FINANCE"
Overview
SIA "FORESTRY FINANCE" (reg. no. 40103718257) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rēzekne, Viļakas iela 5.
Financial results
Revenue in 2025 was 115 000 €. From 2014 to 2025, revenue grew by an average of 13,9% per year. Net profit for 2025 was 51 934 € (45,2% of revenue). The company was profitable in 4 of the 12 published years. In 2025 the company had 2 employees. Revenue per employee was 57 500 €. At the end of 2025, total assets were 332 794 € and equity 13 469 € (4,0% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) is held by 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.