SIA "FOREST AZ"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 15 000 € (47% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 7132 | 3388 | 18 957 | 41 662 | 51 157 | 38 384 | 25 562 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 237 885 |
| Total assets | 7132 | 3388 | 18 957 | 41 662 | 51 157 | 38 384 | 263 447 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3987 | 0 | 0 | 0 | 9612 | 6314 | 55 272 |
| Non-current liabilities | 0 | 0 | 1170 | 0 | 0 | 0 | 148 467 |
| Total liabilities | 3987 | 0 | 1170 | 0 | 9612 | 6314 | 203 739 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 445 | 243 | 14 399 | 38 875 | 38 845 | 28 525 | 42 638 |
| Total equity | 3145 | 3388 | 17 787 | 41 662 | 41 545 | 32 070 | 59 708 |
| Income statement | |||||||
| Sales revenue | 14 463 | 38 680 | 269 172 | 438 663 | 572 850 | 482 131 | 189 574 |
| Operating profit | 445 | 24 462 | 70 649 | 51 375 | 62 383 | 38 025 | 46 388 |
| EBITDA | 445 | 24 462 | 70 649 | 51 375 | 62 383 | 38 025 | 47 291 |
| Profit before income tax | 445 | 24 462 | 70 649 | 51 375 | 62 383 | 38 025 | 46 388 |
| Profit for the reporting year | 445 | 243 | 14 399 | 38 875 | 38 845 | 28 525 | 42 638 |
| Labour costs | 2919 | 15 753 | 27 263 | 0 | 46 158 | 50 023 | 22 057 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 903 |
| Other indicators | |||||||
| Employees | 7 | 7 | 5 | 4 | 5 | 4 | 3 |
| Calculated dividend | — | 0 | 0 | 15 000 | 38 962 | 38 000 | 15 000 |
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 "FOREST AZ"
Overview
SIA "FOREST AZ" (reg. no. 41203068721) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Ropažu nov., Garkalnes pag., Berģi, Akmeņu iela 7A.
Financial results
Revenue in 2025 was 189 574 €, down 60,7% on the previous year (482 131 €). From 2019 to 2025, revenue grew by an average of 53,6% per year. Net profit for 2025 was 42 638 € (22,5% of revenue). The company was profitable in all 7 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 63 191 €. At the end of 2025, total assets were 263 447 € and equity 59 708 € (22,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) is held by a private individual.
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.