Northern Timber ASActive
Key figures
Ratios
2020Balance sheet structure
Summary of financial statements2016–2020
| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 10 291 | 7315 | 1377 | 387 | 2 |
| Total non-current assets | 125 000 | 125 000 | 3000 | 3000 | 0 |
| Total assets | 135 291 | 132 315 | 4377 | 3387 | 2 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 0 | 594 | 17 441 | 24 096 | 20 761 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 594 | 17 441 | 24 096 | 20 761 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -8709 | -3332 | -144 785 | -7645 | -50 |
| Total equity | 135 291 | 131 721 | -13 064 | -20 709 | -20 759 |
| Income statement | |||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -8709 | -3282 | -269 239 | -7507 | 0 |
| Profit before income tax | -8709 | -3282 | -144 785 | -7645 | 0 |
| Profit for the reporting year | -8709 | -3332 | -144 785 | -7645 | -50 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 0 | 1 | 1 |
| Calculated dividend | — | 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: Northern Timber AS
Overview
Northern Timber AS (reg. no. 40103925621) is a joint-stock company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Brīvības iela 40 - 38.
Financial results
There was no revenue in 2020. 2020 ended with a loss of 50 €. The company made a loss in all 5 published years. In 2020 the company had 1 employees.
Points to note
Equity was negative at the end of 2020 (-20 759 €). The latest published annual report is for 2020.
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.