SIA "Kankuļi Timber"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 149 744 € (98% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 31 818 | 164 570 | 133 996 | 117 027 | 142 310 | 225 465 | 188 377 | 218 641 | 455 677 | 311 231 | 308 884 | 170 650 | 157 429 |
| Total non-current assets | 0 | 9885 | 28 085 | 90 928 | 121 565 | 94 672 | 71 269 | 77 232 | 48 148 | 29 210 | 11 155 | 6391 | 0 |
| Total assets | 31 818 | 174 455 | 162 081 | 207 955 | 263 875 | 320 137 | 259 646 | 295 873 | 503 825 | 340 441 | 320 039 | 177 041 | 157 429 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 5307 | 20 276 | 24 565 | 38 519 | 42 086 | 32 905 | 15 240 | 48 778 | 45 920 | 31 753 | 26 298 | 24 295 | 32 174 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 5307 | 20 276 | 24 565 | 38 519 | 42 086 | 32 905 | 15 240 | 48 778 | 45 920 | 31 753 | 26 298 | 24 295 | 32 174 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 19 882 | 141 546 | 78 792 | 106 896 | 111 145 | 283 485 | 37 920 | 162 689 | 610 810 | 570 783 | 225 053 | 259 005 | 122 253 |
| Total equity | 26 511 | 153 977 | 136 770 | 169 436 | 221 789 | 287 232 | 244 406 | 247 095 | 457 905 | 308 688 | 293 741 | 152 746 | 125 255 |
| Income statement | |||||||||||||
| Sales revenue | 239 245 | 762 291 | 693 710 | 807 802 | 860 384 | 1 243 199 | 659 530 | 1 176 738 | 1 772 430 | 2 407 650 | 1 799 101 | 1 684 903 | 1 681 571 |
| Operating profit | 31 484 | 166 525 | 92 697 | 121 526 | 127 325 | 283 485 | 57 920 | 202 689 | 710 810 | 750 783 | 285 053 | 359 005 | 372 509 |
| Profit before income tax | 31 187 | 166 525 | 92 697 | 121 526 | 127 325 | 283 485 | 57 920 | 202 689 | 710 810 | 750 783 | 285 053 | 359 005 | 372 509 |
| Profit for the reporting year | 19 882 | 141 546 | 78 792 | 106 896 | 111 145 | 283 485 | 37 920 | 162 689 | 610 810 | 570 783 | 225 053 | 259 005 | 122 253 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 19 | 19 | 18 | 19 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Calculated dividend | — | 14 080 | 95 999 | 74 230 | 58 792 | 218 042 | 80 746 | 160 000 | 0 | 0 | 240 000 | 0 | 149 744 |
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
- SIA "Kalni B" — 2 shared people
Summary: SIA "Kankuļi Timber"
Overview
SIA "Kankuļi Timber" (reg. no. 41503065404) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Preiļu nov., Rušonas pag., Kankuļi, "Liepiņas".
Financial results
Revenue in 2025 was 1 681 571 €, on a par with the previous year. From 2013 to 2025, revenue grew by an average of 17,6% per year. Net profit for 2025 was 122 253 € (7,3% of revenue). The company was profitable in all 13 published years. In 2025 the company had 18 employees. Revenue per employee was 93 421 €. At the end of 2025, total assets were 157 429 € and equity 125 255 € (79,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.