Timo Timber Engineered SIAActive
Key figures
Ratios
2022Balance sheet structure
Summary of financial statements2020–2022
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 2965 | 2805 | 21 430 |
| Total non-current assets | 0 | 12 342 | 0 |
| Total assets | 2965 | 15 147 | 21 430 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 803 | 16 003 | 4196 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 803 | 16 003 | 4196 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -638 | -3018 | 18 090 |
| Total equity | 2162 | -856 | 17 234 |
| Income statement | |||
| Sales revenue | 0 | 0 | 43 341 |
| Operating profit | -588 | -3018 | 18 090 |
| Profit before income tax | -588 | -3018 | 18 090 |
| Profit for the reporting year | -638 | -3018 | 18 090 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 1 | 0 | 0 |
| Calculated dividend | — | 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: Timo Timber Engineered SIA
Overview
Timo Timber Engineered SIA (reg. no. 40203231064) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Rencēnu iela 40 - 35.
Financial results
Revenue in 2022 was 43 341 €. Net profit for 2022 was 18 090 € (41,7% of revenue). The company was profitable in 1 of the 3 published years. According to the report, the company had no employees in 2022. At the end of 2022, total assets were 21 430 € and equity 17 234 € (80,4% 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 2022.
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.