SIA TIMBER FRAME ZONEActive
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2017–2023
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 17 000 | 2688 | 245 | 7978 | 572 | 2 | 18 272 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 1075 |
| Total assets | 17 000 | 2688 | 245 | 7978 | 572 | 2 | 19 347 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 2612 | 3202 | 3643 | 3498 | 558 | 95 | 17 671 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2612 | 3202 | 3643 | 3498 | 558 | 95 | 17 671 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 14 387 | -14 902 | -2884 | 7878 | -4466 | -107 | 1769 |
| Total equity | 14 388 | -514 | -3398 | 4480 | 14 | -93 | 1676 |
| Income statement | |||||||
| Sales revenue | 16 999 | 6122 | 34 728 | 39 788 | 19 644 | 0 | 18 938 |
| Operating profit | 16 926 | -14 902 | -2884 | 7878 | -4466 | -107 | 1769 |
| Profit before income tax | 16 926 | -14 902 | -2884 | 7878 | -4466 | -107 | 1769 |
| Profit for the reporting year | 14 387 | -14 902 | -2884 | 7878 | -4466 | -107 | 1769 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 1 | 2 | 4 | 3 | 2 | 0 | 2 |
| Calculated dividend | — | 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 TIMBER FRAME ZONE
Overview
SIA TIMBER FRAME ZONE (reg. no. 40203104559) is a limited liability company. The company was registered in 2017 and has been in the register for 8 years. Registered address: Rīga, Gustava Zemgala gatve 77 k-2.
Financial results
Revenue in 2023 was 18 938 €. From 2017 to 2023, revenue grew by an average of 1,8% per year. Net profit for 2023 was 1769 € (9,3% of revenue). The company was profitable in 3 of the 7 published years. In 2023 the company had 2 employees (0 a year earlier). Revenue per employee was 9469 €. At the end of 2023, total assets were 19 347 € and equity 1676 € (8,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.