SIA "Forests of Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 7000 € (28% 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 statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 6499 | 15 527 | 53 515 | 69 795 | 26 146 | 2926 |
| Total non-current assets | 0 | 1007 | 1701 | 599 | 0 | 0 |
| Total assets | 6499 | 16 534 | 55 216 | 70 394 | 26 146 | 2926 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 3370 | 1231 | 2779 | 3451 | 1015 | 350 |
| Non-current liabilities | 7000 | 3500 | 0 | 0 | 0 | 0 |
| Total liabilities | 10 370 | 4731 | 2779 | 3451 | 1015 | 350 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -3872 | 15 674 | 45 634 | 31 006 | -14 812 | -15 555 |
| Total equity | -3871 | 11 803 | 52 437 | 66 943 | 25 131 | 2576 |
| Income statement | ||||||
| Sales revenue | 0 | 140 459 | 441 083 | 553 080 | 441 445 | 42 766 |
| Operating profit | -3872 | 15 674 | 46 884 | 35 131 | -8062 | -13 805 |
| Profit before income tax | -3872 | 15 674 | 46 884 | 35 131 | -8062 | -13 805 |
| Profit for the reporting year | -3872 | 15 674 | 45 634 | 31 006 | -14 812 | -15 555 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 0 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 5000 | 16 500 | 27 000 | 7000 |
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
Summary: SIA "Forests of Latvia"
Overview
SIA "Forests of Latvia" (reg. no. 40203277318) is a limited liability company. The company was registered in 2020 and has been in the register for 5 years. Registered address: Rīga, Aleksandra Čaka iela 63 - 23.
Financial results
Revenue in 2025 was 42 766 €, down 90,3% on the previous year (441 445 €). 2025 ended with a loss of 15 555 €. The company was profitable in 3 of the 6 published years. In 2025 the company had 1 employees. Revenue per employee was 42 766 €. At the end of 2025, total assets were 2926 € and equity 2576 € (88,0% 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.