SIA "Nordic Timber Group"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 45 847 | 53 515 | 296 841 | 583 241 | 1 025 735 |
| Total non-current assets | 2612 | 8451 | 4471 | 3424 | 36 982 |
| Total assets | 48 459 | 61 966 | 301 312 | 586 665 | 1 062 717 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 31 487 | 77 955 | 263 933 | 505 548 | 821 125 |
| Non-current liabilities | 0 | 0 | 43 742 | 45 307 | 155 103 |
| Total liabilities | 31 487 | 77 955 | 307 675 | 550 855 | 976 228 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 14 172 | -32 961 | 9626 | 42 173 | 120 678 |
| Total equity | 16 972 | -15 989 | -6363 | 35 810 | 86 489 |
| Income statement | |||||
| Sales revenue | 38 000 | 87 055 | 255 360 | 541 989 | 1 420 290 |
| Operating profit | 14 333 | -32 919 | 12 717 | 45 251 | 145 564 |
| Profit before income tax | 14 172 | -32 961 | 10 032 | 42 562 | 138 194 |
| Profit for the reporting year | 14 172 | -32 961 | 9626 | 42 173 | 120 678 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 2 | 4 | 6 | 9 |
| 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: SIA "Nordic Timber Group"
Overview
SIA "Nordic Timber Group" (reg. no. 40203268654) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Cēsu nov., Drabešu pag., Ieriķi, Lielā iela 38.
Financial results
Revenue in 2025 was 1 420 290 €, up 162% on the previous year (541 989 €). From 2021 to 2025, revenue grew by an average of 147% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 120 678 € (8,5% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 9 employees (6 a year earlier). Revenue per employee was 157 810 €. At the end of 2025, total assets were 1 062 717 € and equity 86 489 € (8,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.