GreenGold Timberlands 1 SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 21 919 | 19 362 | 18 150 | 15 507 | 13 166 | 17 889 | 32 174 | 69 862 | 1648 | 38 231 | 8822 | 24 107 | 144 839 | 158 019 | 53 321 | 94 143 |
| Total non-current assets | 505 525 | 505 525 | 505 125 | 505 125 | 718 728 | 718 728 | 712 480 | 704 665 | 704 665 | 704 665 | 704 665 | 710 561 | 2 979 092 | 4 237 372 | 5 582 025 | 7 204 149 |
| Total assets | 527 444 | 524 887 | 523 275 | 520 632 | 731 894 | 736 617 | 744 654 | 774 527 | 706 313 | 742 896 | 713 487 | 734 668 | 3 123 931 | 4 395 391 | 5 635 346 | 7 298 292 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 150 | 671 | 16 102 | 393 601 | 556 202 | 536 124 | 501 174 | 495 274 | 426 593 | 9875 | 8728 | 106 226 | 210 260 | 49 007 | 38 212 | 54 511 |
| Non-current liabilities | 604 237 | 365 951 | 379 918 | 0 | 0 | 0 | 0 | 0 | 0 | 423 742 | 452 966 | 0 | 0 | 0 | 668 123 | 2 339 185 |
| Total liabilities | 604 387 | 366 622 | 396 020 | 393 601 | 556 202 | 536 124 | 501 174 | 495 274 | 426 593 | 433 617 | 461 694 | 106 226 | 210 260 | 49 007 | 706 335 | 2 393 696 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -78 900 | -2792 | -31 010 | -224 | -5056 | 24 804 | 42 987 | 35 773 | 467 | 29 560 | -57 486 | -52 039 | -122 760 | -213 677 | -331 967 | -360 394 |
| Total equity | -76 943 | 158 265 | 127 255 | 127 031 | 175 692 | 200 493 | 243 480 | 279 253 | 279 720 | 309 279 | 251 793 | 628 442 | 2 913 671 | 4 346 384 | 4 929 011 | 4 904 596 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 10 | 22 | 32 | 28 | 66 300 | 7619 | 47 391 | 147 | 36 000 | 0 | 9255 | 31 877 | 758 663 | 443 774 | 209 925 |
| Operating profit | -2453 | -2392 | -2005 | -1915 | -7777 | 56 729 | 21 153 | 45 380 | 8467 | 29 560 | -33 262 | -51 299 | -122 740 | -213 662 | -313 327 | -288 266 |
| Profit before income tax | -78 734 | -2557 | -30 775 | 19 | -4722 | 25 116 | 42 987 | 37 167 | 467 | 29 560 | -57 486 | -52 039 | -122 756 | -213 662 | -331 889 | -359 328 |
| Profit for the reporting year | -78 900 | -2792 | -31 010 | -224 | -5056 | 24 804 | 42 987 | 35 773 | 467 | 29 560 | -57 486 | -52 039 | -122 760 | -213 677 | -331 967 | -360 394 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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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Related companies
- GreenGold Timberlands 2 SIA — 100%
Summary: GreenGold Timberlands 1 SIA
Overview
GreenGold Timberlands 1 SIA (reg. no. 41203034208) is a limited liability company. The company was registered in 2008 and has been in the register for 17 years. Registered address: Rīga, Mazā Nometņu iela 31.
Financial results
Revenue in 2025 was 209 925 €, down 52,7% on the previous year (443 774 €). 2025 ended with a loss of 360 394 €. The company was profitable in 5 of the 16 published years. In 2025 the company had 3 employees. Revenue per employee was 69 975 €. At the end of 2025, total assets were 7 298 292 € and equity 4 904 596 € (67,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is GreenGold Group AB. The company holds a stake in one other active Latvian company.
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.