SIA Timber and Biomass SolutionsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 41 000 € (5% 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 statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 36 687 | 66 151 | 145 701 | 221 365 | 250 682 | 588 424 | 753 514 | 674 757 | 496 246 |
| Total non-current assets | 0 | 0 | 0 | 0 | 28 203 | 29 001 | 28 900 | 111 852 | 271 716 |
| Total assets | 36 687 | 66 151 | 145 701 | 221 365 | 278 885 | 617 425 | 782 414 | 786 609 | 767 962 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 0 | 2260 | 19 568 | 18 180 | 16 644 | 11 831 | 7998 | 5259 | 6287 |
| Non-current liabilities | 15 457 | 12 000 | 47 000 | 46 000 | 21 700 | 700 | 0 | 0 | 0 |
| Total liabilities | 15 457 | 14 260 | 66 568 | 64 180 | 38 344 | 12 531 | 7998 | 5259 | 6287 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 18 230 | 30 661 | 45 472 | 78 052 | 83 356 | 364 353 | 189 522 | 49 934 | 21 325 |
| Total equity | 21 230 | 51 891 | 79 133 | 157 185 | 240 541 | 604 894 | 774 416 | 781 350 | 761 675 |
| Income statement | |||||||||
| Sales revenue | 78 439 | 147 853 | 312 858 | 416 913 | 321 608 | 680 749 | 395 838 | 230 082 | 214 656 |
| Operating profit | 21 447 | 30 661 | 45 523 | 78 052 | 81 856 | 359 826 | 190 819 | 50 364 | 22 582 |
| Profit before income tax | 21 447 | 30 661 | 45 523 | 78 052 | 83 356 | 364 597 | 195 408 | 61 447 | 32 362 |
| Profit for the reporting year | 18 230 | 30 661 | 45 472 | 78 052 | 83 356 | 364 353 | 189 522 | 49 934 | 21 325 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 18 230 | 0 | 0 | 0 | 20 000 | 43 000 | 41 000 |
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
- SIA EG ŠĶELDA — 50%
Summary: SIA Timber and Biomass Solutions
Overview
SIA Timber and Biomass Solutions (reg. no. 40203043080) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Grostonas iela 25 - 33.
Financial results
Revenue in 2025 was 214 656 €, down 6,7% on the previous year (230 082 €). From 2017 to 2025, revenue grew by an average of 13,4% per year. Net profit for 2025 was 21 325 € (9,9% of revenue). The company was profitable in all 9 published years. In 2025 the company had 2 employees. Revenue per employee was 107 328 €. At the end of 2025, total assets were 767 962 € and equity 761 675 € (99,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.