MALUS FORESTRY SIAActive
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 | 6200 | 190 348 | 123 009 | 118 793 | 133 741 | 96 002 | 31 176 | 63 818 | 54 079 | 205 135 | 134 148 | 69 817 |
| Total non-current assets | 348 349 | 671 845 | 778 173 | 755 076 | 733 919 | 736 914 | 872 309 | 831 809 | 833 049 | 758 102 | 784 484 | 799 754 |
| Total assets | 354 549 | 862 193 | 901 182 | 873 869 | 867 660 | 832 916 | 903 485 | 895 627 | 887 128 | 963 237 | 918 632 | 869 571 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 21 690 | 16 947 | 3680 | 2569 | 3970 | 2645 | 6871 | 6179 | 9278 | 10 432 | 1874 | 2178 |
| Non-current liabilities | 340 632 | 857 632 | 921 127 | 907 567 | 898 038 | 884 184 | 970 331 | 984 497 | 654 495 | 703 788 | 703 788 | 685 668 |
| Total liabilities | 362 322 | 874 579 | 924 807 | 910 136 | 902 008 | 886 829 | 977 202 | 990 676 | 663 773 | 714 220 | 705 662 | 687 846 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -11 073 | -4613 | -10 739 | -12 642 | 1919 | -19 565 | -19 804 | -21 332 | -31 595 | 25 662 | -36 047 | -31 245 |
| Total equity | -8273 | -12 886 | -23 625 | -36 267 | -34 348 | -53 913 | -73 717 | -95 049 | 223 355 | 249 017 | 212 970 | 181 725 |
| Income statement | ||||||||||||
| Sales revenue | 1634 | 1498 | 1660 | 1693 | 37 213 | 8289 | 1759 | 50 440 | 4591 | 193 033 | 9729 | 25 658 |
| Operating profit | -7114 | -3552 | -10 689 | -12 592 | 1919 | -19 563 | -19 754 | 5583 | -11 547 | 74 958 | -17 927 | -13 125 |
| Profit before income tax | -10 746 | -3552 | -10 689 | -12 592 | 1919 | -19 565 | -19 754 | -21 282 | -31 545 | 25 662 | -36 047 | -31 245 |
| Profit for the reporting year | -11 073 | -4613 | -10 739 | -12 642 | 1919 | -19 565 | -19 804 | -21 332 | -31 595 | 25 662 | -36 047 | -31 245 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| 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: MALUS FORESTRY SIA
Overview
MALUS FORESTRY SIA (reg. no. 40103767074) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Cēsu nov., Cēsis, Valmieras iela 20A.
Financial results
Revenue in 2025 was 25 658 €, up 164% on the previous year (9729 €). From 2014 to 2025, revenue grew by an average of 28,4% per year. 2025 ended with a loss of 31 245 €. The company was profitable in 2 of the 12 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 869 571 € and equity 181 725 € (20,9% of assets).
Management and owners
The board has 4 members. The sole owner of the company is Jutta Waller AB.
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.