Sabiedrība ar ierobežotu atbildību "HG FOREST"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 | 3472 | 6092 | 4125 | 10 217 | 6839 | 10 973 | 3304 | 1994 | 4258 | 2855 | 2936 | 2012 |
| Total non-current assets | 30 621 | 93 308 | 139 978 | 210 688 | 209 177 | 206 384 | 206 384 | 206 384 | 206 384 | 206 384 | 206 384 | 209 759 |
| Total assets | 34 093 | 99 400 | 144 103 | 220 905 | 216 016 | 217 357 | 209 688 | 208 378 | 210 642 | 209 239 | 209 320 | 211 771 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 271 | 732 | 1197 | 1358 | 1159 | 5691 | 1502 | 1605 | 2433 | 5139 | 1874 | 1567 |
| Non-current liabilities | 35 000 | 103 000 | 155 000 | 255 850 | 261 850 | 264 687 | 269 687 | 274 687 | 279 687 | 279 687 | 287 931 | 295 931 |
| Total liabilities | 35 271 | 103 732 | 156 197 | 257 208 | 263 009 | 270 378 | 271 189 | 276 292 | 282 120 | 284 826 | 289 805 | 297 498 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3978 | -3154 | -7762 | -24 209 | -10 690 | -6028 | -8480 | -6413 | -3564 | -4108 | -4898 | -5242 |
| Total equity | -1178 | -4332 | -12 094 | -36 303 | -46 993 | -53 021 | -61 501 | -67 914 | -71 478 | -75 587 | -80 485 | -85 727 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 0 | 0 | 45 513 | 39 258 | 40 002 | 0 | 0 | 0 | 0 | 14 311 | 0 |
| Operating profit | -3978 | -3154 | -7762 | -24 209 | -10 690 | -6028 | -8480 | -6413 | -3564 | -4108 | -4898 | -5242 |
| EBITDA | — | — | — | -24 209 | -10 690 | -6028 | -8480 | -6413 | -3564 | -4108 | -4898 | -5242 |
| Profit before income tax | -3978 | -3154 | -7762 | -24 209 | -10 690 | -6028 | -8480 | -6413 | -3564 | -4108 | -4898 | -5242 |
| Profit for the reporting year | -3978 | -3154 | -7762 | -24 209 | -10 690 | -6028 | -8480 | -6413 | -3564 | -4108 | -4898 | -5242 |
| Labour costs | — | — | — | 2502 | 2345 | 2352 | 324 | 376 | 375 | 465 | 1349 | 526 |
| Depreciation of non-current assets | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | ||||||||||||
| Employees | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 0 | 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: Sabiedrība ar ierobežotu atbildību "HG FOREST"
Overview
Sabiedrība ar ierobežotu atbildību "HG FOREST" (reg. no. 40103783346) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Madonas nov., Madona, Raiņa iela 34B - 601.
Financial results
There was no revenue in 2025. 2025 ended with a loss of 5242 €. The company made a loss in all 12 published years. In 2025 the company had 1 employees.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-85 727 €).
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.