"Freimans Timber Constructions" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 742 962 | 2 333 033 | 2 165 431 | 2 540 399 | 2 731 061 |
| Profit for the reporting year | 195 196 | 200 941 | -39 362 | 151 493 | 63 110 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 858 886 | 1 127 995 | 1 023 943 | 1 284 751 | 1 528 746 |
| Total liabilities | 273 205 | 441 373 | 460 850 | 570 164 | 751 049 |
| Total equity | 585 681 | 686 622 | 563 093 | 714 587 | 777 697 |
| Employees | 18 | 20 | 20 | 21 | 19 |
| Calculated dividend | 0 | 100 000 | 84 167 | 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: "Freimans Timber Constructions" SIA
Overview
"Freimans Timber Constructions" SIA (reg. no. 41203036961) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Kuldīgas nov., Rumbas pag., "Bauņi".
Financial results
Revenue in 2025 was 2 731 061 €, up 7,5% on the previous year (2 540 399 €). From 2010 to 2025, revenue grew by an average of 26,9% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 63 110 € (2,3% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 19 employees (21 a year earlier). Revenue per employee was 143 740 €. At the end of 2025, total assets were 1 528 746 € and equity 777 697 € (50,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 7 owners. The largest stake (87,5%) is held by a private individual. 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.