SIA "Latvijas Meža Attīstības Fonds"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 5 192 190 | 9 314 122 | 38 481 099 |
| Total non-current assets | 0 | 0 | 29 610 |
| Total assets | 5 192 190 | 9 314 122 | 38 510 709 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 5 283 313 | 7 834 941 | 21 975 239 |
| Non-current liabilities | 0 | 0 | 13 493 671 |
| Total liabilities | 5 283 313 | 7 834 941 | 35 468 910 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -93 923 | 70 304 | 1 562 617 |
| Total equity | -91 123 | 1 479 181 | 3 041 799 |
| Income statement | |||
| Sales revenue | 1 253 598 | 3 896 809 | 10 838 491 |
| Operating profit | 56 815 | 442 498 | 3 864 685 |
| Profit before income tax | -93 923 | 70 304 | 1 562 617 |
| Profit for the reporting year | -93 923 | 70 304 | 1 562 617 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 3 | 4 | 4 |
| Calculated dividend | — | 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 "Latvijas Meža Attīstības Fonds"
Overview
SIA "Latvijas Meža Attīstības Fonds" (reg. no. 40203475516) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Valmieras nov., Valmiera, Garā iela 7.
Financial results
Revenue in 2025 was 10 838 491 €, up 178% on the previous year (3 896 809 €). From 2023 to 2025, revenue grew by an average of 194% per year. Net profit for 2025 was 1 562 617 € (14,4% of revenue). The company was profitable in 2 of the 3 published years. In 2025 the company had 4 employees. Revenue per employee was 2 709 623 €. At the end of 2025, total assets were 38 510 709 € and equity 3 041 799 € (7,9% of assets).
Management and owners
The board has 2 members. The sole owner of the company is SIA "Intelligent Innovations".
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.