SIA "GTS TIMBER"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2253 | 2253 | 122 460 | 108 166 | 141 348 | 298 170 | 246 273 | 409 399 | 276 975 | 266 831 | 392 516 |
| Total non-current assets | 0 | 0 | 0 | 32 889 | 127 767 | 173 296 | 241 946 | 289 838 | 359 343 | 308 497 | 135 437 |
| Total assets | 2253 | 2253 | 122 460 | 141 055 | 269 115 | 471 466 | 488 219 | 699 237 | 636 318 | 575 328 | 527 953 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 0 | 0 | 120 597 | 90 615 | 131 586 | 159 589 | 121 693 | 137 873 | 151 210 | 154 803 | 78 323 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 95 960 | 41 509 | 26 893 | 19 490 | 36 129 | 24 114 |
| Total liabilities | 0 | 0 | 120 597 | 90 615 | 131 586 | 255 549 | 163 202 | 164 766 | 170 700 | 190 932 | 102 437 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -747 | 0 | -390 | 48 577 | 87 089 | 78 388 | 109 100 | 209 454 | -68 853 | -81 222 | 3797 |
| Total equity | 2253 | 2253 | 1863 | 50 440 | 137 529 | 215 917 | 325 017 | 534 471 | 465 618 | 384 396 | 425 516 |
| Income statement | |||||||||||
| Sales revenue | 0 | 0 | 71 525 | 302 883 | 921 838 | 1 171 760 | 1 919 234 | 2 000 735 | 823 425 | 1 193 003 | 1 099 375 |
| Operating profit | -747 | 0 | -390 | 48 577 | 90 244 | 85 666 | 125 733 | 225 692 | -58 228 | -75 507 | -3221 |
| EBITDA | -747 | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -747 | 0 | -390 | 48 577 | 87 270 | 78 388 | 109 100 | 209 454 | -68 625 | -80 041 | 3797 |
| Profit for the reporting year | -747 | 0 | -390 | 48 577 | 87 089 | 78 388 | 109 100 | 209 454 | -68 853 | -81 222 | 3797 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 4 | 6 | 27 | 36 | 41 | 34 | 29 | 31 | 25 |
| Calculated dividend | — | 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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Summary: SIA "GTS TIMBER"
Overview
SIA "GTS TIMBER" (reg. no. 41503072406) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Daugavpils, Dobeles iela 1M.
Financial results
Revenue in 2025 was 1 099 375 €, down 7,8% on the previous year (1 193 003 €). Net profit for 2025 was 3797 € (0,3% of revenue). The company was profitable in 6 of the 11 published years. In 2025 the company had 25 employees (31 a year earlier). Revenue per employee was 43 975 €. At the end of 2025, total assets were 527 953 € and equity 425 516 € (80,6% 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.