SIA VT TimberActive

40203360435Limited liability companyFounded 2021

Key figures

3 460 664 €-15,4%
Revenue 2025
+2,7%
Average annual growth 2022–2025
02 m4 m6 m2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m2022202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
2023 ~9177 €
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets290 189575 2471 253 1871 538 709
Total non-current assets46 66887 737265 125236 604
Total assets336 857662 9841 518 3121 775 313
Balance sheet — liabilities and equity
Current liabilities116 290371 7761 096 2191 301 680
Non-current liabilities0037 22814 381
Total liabilities116 290371 7761 133 4471 316 061
Share capital————
Retained earnings of previous periods————
Profit for the year217 76779 81893 65774 387
Total equity220 567291 208384 865459 252
Income statement
Sales revenue3 191 5472 947 9724 088 3073 460 664
Operating profit217 76779 818112 360126 579
Profit before income tax217 76779 81893 65774 387
Profit for the reporting year217 76779 81893 65774 387
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees67106
Calculated dividend—917700

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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50%50%SIA VT Timber7Eglītis Didzis1Simsons Sandis
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA VT Timber

Overview

SIA VT Timber (reg. no. 40203360435) is a limited liability company. The company was registered in 2021 and has been in the register for 4 years. Registered address: Rīga, Čuibes iela 6.

Financial results

Revenue in 2025 was 3 460 664 €, down 15,4% on the previous year (4 088 307 €). From 2022 to 2025, revenue grew by an average of 2,7% per year. Net profit for 2025 was 74 387 € (2,1% of revenue). The company was profitable in all 4 published years. In 2025 the company had 6 employees (10 a year earlier). Revenue per employee was 576 777 €. At the end of 2025, total assets were 1 775 313 € and equity 459 252 € (25,9% 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.