SIA "Timber-11"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 18 390 | 18 928 | 26 285 | 34 365 | 38 810 | 42 215 | 44 145 | 48 440 | 56 114 | 34 715 | 70 997 | 58 606 | 74 902 | 78 579 | 97 271 |
| Total non-current assets | 280 | 4890 | 4512 | 6858 | 6382 | 32 463 | 26 141 | 20 894 | 16 914 | 44 941 | 53 573 | 49 538 | 44 715 | 41 138 | 37 059 |
| Total assets | 18 670 | 23 818 | 30 797 | 41 223 | 45 192 | 74 678 | 70 286 | 69 334 | 73 028 | 79 656 | 124 570 | 108 144 | 119 617 | 119 717 | 134 330 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 21 646 | 30 290 | 26 812 | 34 804 | 34 980 | 61 840 | 71 071 | 72 500 | 79 302 | 67 350 | 68 834 | 50 444 | 46 336 | 45 422 | 49 078 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 11 735 | 7182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 21 646 | 30 290 | 26 812 | 34 804 | 34 980 | 73 575 | 78 253 | 72 500 | 79 302 | 67 350 | 68 834 | 50 444 | 46 336 | 45 422 | 49 078 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2977 | -3496 | 10 457 | 748 | 3793 | -12 108 | -9070 | 4801 | -3108 | 18 580 | 43 430 | 1964 | 15 581 | 1014 | 10 957 |
| Total equity | -2976 | -6472 | 3985 | 6419 | 10 212 | 1103 | -7967 | -3166 | -6274 | 12 306 | 55 736 | 57 700 | 73 281 | 74 295 | 85 252 |
| Income statement | |||||||||||||||
| Sales revenue | 15 445 | 32 469 | 59 036 | 91 601 | 100 339 | 93 144 | 107 685 | 167 432 | 161 989 | 143 964 | 226 607 | 198 524 | 213 845 | 154 959 | 179 994 |
| Operating profit | -2797 | -3338 | 10 901 | 1281 | 5046 | -11 724 | -8683 | 5002 | -3079 | 18 580 | 43 430 | 1964 | 15 581 | 1014 | 10 957 |
| Profit before income tax | -2977 | -3496 | 10 758 | 1008 | 4514 | -12 108 | -9070 | 4801 | -3108 | 18 580 | 43 430 | 1964 | 15 581 | 1014 | 10 957 |
| Profit for the reporting year | -2977 | -3496 | 10 457 | 748 | 3793 | -12 108 | -9070 | 4801 | -3108 | 18 580 | 43 430 | 1964 | 15 581 | 1014 | 10 957 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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.
Connections graph
Summary: SIA "Timber-11"
Overview
SIA "Timber-11" (reg. no. 42103052259) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Kuldīgas nov., Rudbāržu pag., "Līči".
Financial results
Revenue in 2025 was 179 994 €, up 16,2% on the previous year (154 959 €). From 2011 to 2025, revenue grew by an average of 19,2% per year. Net profit for 2025 was 10 957 € (6,1% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 3 employees. Revenue per employee was 59 998 €. At the end of 2025, total assets were 134 330 € and equity 85 252 € (63,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.