Sabiedrība ar ierobežotu atbildību "GTWood"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 37 030 € (14% 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 statements2013–2024
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 1979 | 2764 | 4132 | 1932 | 1819 | 1819 | 3 | 3 | 93 857 | 241 852 | 347 782 | 490 413 |
| Total non-current assets | 0 | 0 | 746 | 691 | 520 | 347 | 0 | 0 | 6154 | 15 262 | 17 607 | 146 143 |
| Total assets | 1979 | 2764 | 4878 | 2623 | 2339 | 2166 | 3 | 3 | 100 011 | 257 114 | 365 389 | 636 556 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 14 | 149 | 4229 | 4599 | 4551 | 4551 | 0 | 0 | 2744 | 9461 | 102 088 | 308 942 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 979 | 46 923 | 0 | 25 327 |
| Total liabilities | 14 | 149 | 4229 | 4599 | 4551 | 4551 | 0 | 0 | 34 723 | 56 384 | 102 088 | 334 269 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -35 | -181 | -1966 | -2625 | -236 | -173 | 2388 | 0 | 56 885 | 142 327 | 67 771 | 76 016 |
| Total equity | 1965 | 2615 | 649 | -1976 | -2212 | -2385 | 3 | 3 | 65 288 | 200 730 | 263 301 | 302 287 |
| Income statement | ||||||||||||
| Sales revenue | 5 | 260 | 279 | 1017 | 116 | 0 | 0 | 0 | 453 942 | 721 986 | 799 794 | 2 049 941 |
| Operating profit | -35 | -181 | -1966 | -2625 | -236 | -173 | 2388 | 0 | 56 885 | 142 327 | 70 412 | 94 058 |
| Profit before income tax | -35 | -181 | -1966 | -2625 | -236 | -173 | 2388 | 0 | 56 885 | 142 327 | 67 771 | 89 778 |
| Profit for the reporting year | -35 | -181 | -1966 | -2625 | -236 | -173 | 2388 | 0 | 56 885 | 142 327 | 67 771 | 76 016 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6885 | 5200 | 37 030 |
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 "GTWood"
Overview
Sabiedrība ar ierobežotu atbildību "GTWood" (reg. no. 40103722303) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Salaspils iela 18 k-2 - 33.
Financial results
Revenue in 2024 was 2 049 941 €, up 156% on the previous year (799 794 €). From 2013 to 2024, revenue grew by an average of 224% per year. This is the company's highest revenue among the published years (2013–2024). Net profit for 2024 was 76 016 € (3,7% of revenue). The company was profitable in 5 of the 12 published years. In 2024 the company had 5 employees (2 a year earlier). Revenue per employee was 409 988 €. At the end of 2024, total assets were 636 556 € and equity 302 287 € (47,5% 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.