SIA Meža ciklsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 15 000 € (1% 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 statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 14 732 | 55 641 | 567 962 | 918 501 | 1 844 124 | 4 880 721 |
| Total non-current assets | 1174 | 72 218 | 453 759 | 1 450 074 | 2 060 966 | 3 462 515 |
| Total assets | 15 906 | 127 859 | 1 021 721 | 2 368 575 | 3 905 090 | 8 343 236 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 5747 | 17 976 | 463 279 | 979 503 | 1 785 941 | 3 877 249 |
| Non-current liabilities | 0 | 62 146 | 218 566 | 659 168 | 1 044 290 | 1 970 651 |
| Total liabilities | 5747 | 80 122 | 681 845 | 1 638 671 | 2 830 231 | 5 847 900 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 7159 | 37 578 | 292 139 | 404 030 | 375 955 | 1 435 477 |
| Total equity | 10 159 | 47 737 | 339 876 | 729 904 | 1 074 859 | 2 495 336 |
| Income statement | ||||||
| Sales revenue | 62 295 | 297 305 | 3 046 014 | 4 780 816 | 7 026 570 | 12 677 135 |
| Operating profit | 7159 | 40 307 | 299 230 | 482 146 | 484 121 | 1 578 833 |
| Profit before income tax | 7159 | 38 664 | 293 176 | 415 935 | 390 324 | 1 444 970 |
| Profit for the reporting year | 7159 | 37 578 | 292 139 | 404 030 | 375 955 | 1 435 477 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 2 | 5 | 6 | 19 | 24 | 36 |
| Calculated dividend | — | 0 | 0 | 14 002 | 31 000 | 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 Meža cikls
Overview
SIA Meža cikls (reg. no. 41503087971) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Augšdaugavas nov., Naujenes pag., Teivāni, "Teivāni 2A".
Financial results
Revenue in 2025 was 12 677 135 €, up 80,4% on the previous year (7 026 570 €). From 2020 to 2025, revenue grew by an average of 190% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 1 435 477 € (11,3% of revenue). The company was profitable in all 6 published years. In 2025 the company had 36 employees (24 a year earlier). Revenue per employee was 352 143 €. At the end of 2025, total assets were 8 343 236 € and equity 2 495 336 € (29,9% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) 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.