Sabiedrība ar ierobežotu atbildību "Timber Baltia"Active

40203453114Limited liability companyFounded 2023

Key figures

11 000 €-54,8%
Revenue 2025
-47,3%
Average annual change 2023–2025
010 k20 k30 k40 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k202320242025
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets50 58847564950
Total non-current assets13 94818 75710 615
Total assets64 53623 51315 565
Balance sheet — liabilities and equity
Current liabilities184814813043
Non-current liabilities48 60024 30020 000
Total liabilities50 44825 78123 043
Share capital———
Retained earnings of previous periods———
Profit for the year11 088-16 356-5210
Total equity14 088-2268-7478
Income statement
Sales revenue39 66624 34911 000
Operating profit11 088-12 556-5210
Profit before income tax11 088-16 356-5210
Profit for the reporting year11 088-16 356-5210
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees111
Calculated dividend—00

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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33,33%33,33%33,33%Sabiedrība ar ierobež…1Vilcāns MareksBalanda Oleg2Zauers Jānis
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Summary: Sabiedrība ar ierobežotu atbildību "Timber Baltia"

Overview

Sabiedrība ar ierobežotu atbildību "Timber Baltia" (reg. no. 40203453114) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Valmieras nov., Trikātas pag., "Liepas".

Financial results

Revenue in 2025 was 11 000 €, down 54,8% on the previous year (24 349 €). From 2023 to 2025, revenue declined by an average of 47,3% per year. 2025 ended with a loss of 5210 €. The company was profitable in 1 of the 3 published years. In 2025 the company had 1 employees. Revenue per employee was 11 000 €.

Management and owners

The board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-7478 €).

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.