SIA Forestry.lvActive

40203386824Limited liability companyFounded 2022

Key figures

94 204 €-83,0%
Revenue 2025
-38,9%
Average annual change 2022–2025
0200 k400 k600 k800 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets54 483125 47028 04821 568
Total non-current assets2793228117220
Total assets57 276127 75129 77021 568
Balance sheet — liabilities and equity
Current liabilities27 46487 031102 692112 906
Non-current liabilities000430 494
Total liabilities27 46487 031102 692543 400
Share capital————
Retained earnings of previous periods————
Profit for the year29 7128208-113 642-448 910
Total equity29 81240 720-72 922-521 832
Income statement
Sales revenue412 496644 332553 01194 204
Operating profit33 57820 682-104 725-447 240
Profit before income tax29 7128208-113 642-448 910
Profit for the reporting year29 7128208-113 642-448 910
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees5951
Calculated dividend—000

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100%SIA Forestry.lv1Indēvics Andris
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Summary: SIA Forestry.lv

Overview

SIA Forestry.lv (reg. no. 40203386824) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Saldus nov., Saldus, Kuldīgas iela 69.

Financial results

Revenue in 2025 was 94 204 €, down 83,0% on the previous year (553 011 €). From 2022 to 2025, revenue declined by an average of 38,9% per year. This is the company's lowest revenue among the published years (2022–2025). 2025 ended with a loss of 448 910 €. The company was profitable in 2 of the 4 published years. In 2025 the company had 1 employees (5 a year earlier). Revenue per employee was 94 204 €.

Management and owners

The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-521 832 €).

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.