SIA "Relat Mežs"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 88 692 | 74 621 | 167 387 | 116 867 | 225 301 | 231 386 | 202 363 | 153 149 | 106 510 |
| Total non-current assets | 8711 | 30 736 | 27 113 | 17 950 | 14 193 | 124 797 | 116 880 | 159 160 | 153 987 |
| Total assets | 97 403 | 105 357 | 194 500 | 134 817 | 239 494 | 356 183 | 319 243 | 312 309 | 260 497 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 79 981 | 79 768 | 43 419 | 14 810 | 149 567 | 217 339 | 161 335 | 120 007 | 80 598 |
| Non-current liabilities | 9999 | 0 | 41 000 | 38 000 | 28 000 | 65 353 | 69 758 | 115 651 | 98 539 |
| Total liabilities | 89 980 | 79 768 | 84 419 | 52 810 | 177 567 | 282 692 | 231 093 | 235 658 | 179 137 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7415 | 18 166 | 89 115 | 4424 | 14 373 | 21 564 | 14 659 | -11 499 | 4709 |
| Total equity | 7423 | 25 589 | 110 081 | 82 007 | 61 927 | 73 491 | 88 150 | 76 651 | 81 360 |
| Income statement | |||||||||
| Sales revenue | 508 379 | 370 518 | 934 573 | 257 808 | 685 702 | 408 786 | 654 701 | 749 719 | 593 918 |
| Operating profit | 8439 | 18 166 | 89 115 | 12 548 | 22 987 | 26 118 | 22 088 | -3751 | 10 162 |
| Profit before income tax | 8439 | 18 166 | 89 115 | 12 548 | 22 987 | 24 064 | 14 659 | -11 499 | 4709 |
| Profit for the reporting year | 7415 | 18 166 | 89 115 | 4424 | 14 373 | 21 564 | 14 659 | -11 499 | 4709 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 4 | 11 | 5 | 5 | 4 | 4 | 12 | 9 | 10 |
| Calculated dividend | — | 0 | 4623 | 32 498 | 34 453 | 10 000 | 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 "Relat Mežs"
Overview
SIA "Relat Mežs" (reg. no. 40203052929) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rēzeknes nov., Griškānu pag., Janopole, Jaunā iela 7G.
Financial results
Revenue in 2025 was 593 918 €, down 20,8% on the previous year (749 719 €). From 2017 to 2025, revenue grew by an average of 2,0% per year. Net profit for 2025 was 4709 € (0,8% of revenue). The company was profitable in 8 of the 9 published years. In 2025 the company had 10 employees (9 a year earlier). Revenue per employee was 59 392 €. At the end of 2025, total assets were 260 497 € and equity 81 360 € (31,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.