Sabiedrība ar ierobežotu atbildību "MoreWood"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 105 059 € (4% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 375 731 | 533 917 | 425 402 | 667 163 | 756 866 | 2 133 714 | 1 959 999 | 2 734 930 | 2 846 941 | 3 673 211 | 2 966 653 |
| Total non-current assets | 21 014 | 6704 | 123 444 | 190 890 | 224 620 | 355 263 | 357 711 | 384 023 | 1 379 647 | 1 552 701 | 2 478 691 |
| Total assets | 396 745 | 540 621 | 548 846 | 858 053 | 981 486 | 2 488 977 | 2 317 710 | 3 118 953 | 4 226 588 | 5 225 912 | 5 445 344 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 163 446 | 292 403 | 139 498 | 254 440 | 253 161 | 977 369 | 548 239 | 517 155 | 1 060 940 | 1 643 536 | 1 814 863 |
| Non-current liabilities | 0 | 0 | 99 508 | 108 550 | 128 659 | 458 991 | 344 665 | 238 492 | 888 896 | 1 012 442 | 887 575 |
| Total liabilities | 163 446 | 292 403 | 239 006 | 362 990 | 381 820 | 1 436 360 | 892 904 | 755 647 | 1 949 836 | 2 655 978 | 2 702 438 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 33 298 | 25 919 | 73 363 | 185 223 | 214 442 | 452 951 | 372 189 | 1 020 063 | 401 321 | 305 183 | 278 031 |
| Total equity | 233 299 | 248 218 | 309 840 | 495 063 | 599 666 | 1 052 617 | 1 424 806 | 2 363 306 | 2 276 752 | 2 569 934 | 2 742 906 |
| Income statement | |||||||||||
| Sales revenue | 1 297 403 | 1 686 586 | 2 481 871 | 4 843 160 | 5 812 815 | 6 285 092 | 9 840 598 | 8 999 625 | 7 746 200 | 9 187 296 | 9 734 452 |
| Operating profit | 38 188 | 31 407 | 86 532 | 197 229 | 224 980 | 471 014 | 399 267 | 1 072 164 | 605 596 | 447 261 | 401 490 |
| Profit before income tax | 38 188 | 30 706 | 82 599 | 185 223 | 214 442 | 452 951 | 372 189 | 1 040 454 | 538 252 | 308 722 | 305 678 |
| Profit for the reporting year | 33 298 | 25 919 | 73 363 | 185 223 | 214 442 | 452 951 | 372 189 | 1 020 063 | 401 321 | 305 183 | 278 031 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 1 | 3 | 4 | 6 | 7 | 11 | 19 | 25 |
| Calculated dividend | — | 11 000 | 11 741 | 0 | 109 839 | 0 | 0 | 81 563 | 487 875 | 12 001 | 105 059 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
Summary: Sabiedrība ar ierobežotu atbildību "MoreWood"
Overview
Sabiedrība ar ierobežotu atbildību "MoreWood" (reg. no. 40103889231) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Mārupes nov., Mārupe, Dzirnieku iela 26.
Financial results
Revenue in 2025 was 9 734 452 €, up 6,0% on the previous year (9 187 296 €). From 2015 to 2025, revenue grew by an average of 22,3% per year. Net profit for 2025 was 278 031 € (2,9% of revenue). The company was profitable in all 11 published years. In 2025 the company had 25 employees (19 a year earlier). Revenue per employee was 389 378 €. At the end of 2025, total assets were 5 445 344 € and equity 2 742 906 € (50,4% 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.