SIA RINO TIMBERActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2119 | 316 | 0 | 454 | 79 338 | 138 005 | 264 612 | 407 968 | 744 038 | 466 288 | 422 269 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 1165 | 132 628 | 346 032 | 349 704 | 178 312 | 8461 |
| Total assets | 2119 | 316 | 0 | 454 | 79 338 | 139 170 | 397 240 | 754 000 | 1 093 742 | 644 600 | 430 730 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 3958 | 7197 | 7099 | 14 252 | 81 542 | 111 526 | 228 156 | 354 932 | 694 263 | 667 098 | 249 260 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 43 420 | 181 210 | 149 888 | 53 491 | 507 161 |
| Total liabilities | 3958 | 7197 | 7099 | 14 252 | 81 542 | 111 526 | 271 576 | 536 142 | 844 151 | 720 589 | 756 421 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1939 | -5042 | -218 | -6699 | 11 594 | 29 848 | 98 020 | 66 587 | 29 033 | -325 580 | -249 702 |
| Total equity | -1839 | -6881 | -7099 | -13 798 | -2204 | 27 644 | 125 664 | 217 858 | 249 591 | -75 989 | -325 691 |
| Income statement | |||||||||||
| Sales revenue | 2400 | 5175 | 0 | 8608 | 340 660 | 717 667 | 1 314 670 | 1 354 150 | 1 772 501 | 2 047 699 | 1 233 378 |
| Operating profit | -1723 | -5042 | -218 | -6699 | 11 594 | 35 435 | 105 299 | 74 943 | 58 453 | -297 872 | -182 760 |
| Profit before income tax | -1723 | -5042 | -218 | -6699 | 11 594 | 29 848 | 98 020 | 66 587 | 30 507 | -319 697 | -249 236 |
| Profit for the reporting year | -1939 | -5042 | -218 | -6699 | 11 594 | 29 848 | 98 020 | 66 587 | 29 033 | -325 580 | -249 702 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 1 | 1 | 20 | 30 | 35 | 36 | 35 | 38 | 14 |
| Calculated dividend | — | 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 RINO TIMBER
Overview
SIA RINO TIMBER (reg. no. 40103894016) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Jēkabpils nov., Jēkabpils, Dzirnavu iela 12A.
Financial results
Revenue in 2025 was 1 233 378 €, down 39,8% on the previous year (2 047 699 €). From 2015 to 2025, revenue grew by an average of 86,7% per year. 2025 ended with a loss of 249 702 €. The company was profitable in 5 of the 11 published years. In 2025 the company had 14 employees (38 a year earlier). Revenue per employee was 88 098 €.
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 (-325 691 €).
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.