SIA "Madaras meži"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 21 499 € (15% 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 | 15 548 | 67 843 | 92 319 | 89 880 | 104 729 | 103 504 | 124 394 | 160 209 | 128 195 | 107 229 | 108 815 | 119 987 | 99 827 |
| Total non-current assets | 0 | 2910 | 6572 | 8414 | 7554 | 6926 | 8418 | 26 197 | 23 634 | 78 638 | 44 563 | 41 142 | 36 465 |
| Total assets | 15 548 | 70 753 | 98 891 | 98 294 | 112 283 | 110 430 | 132 812 | 186 406 | 151 829 | 185 867 | 153 378 | 161 129 | 136 292 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 4721 | 10 442 | 16 103 | 17 871 | 16 230 | 18 498 | 14 773 | 29 796 | 20 801 | 16 813 | 23 345 | 14 850 | 21 492 |
| Non-current liabilities | 0 | 1000 | 1032 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4721 | 11 442 | 17 135 | 17 871 | 16 230 | 18 498 | 14 773 | 29 796 | 20 801 | 16 813 | 23 345 | 14 850 | 21 492 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 10 807 | 43 906 | 22 445 | -1332 | 15 630 | -4121 | 26 107 | 38 573 | -25 583 | 38 025 | -39 020 | 45 895 | -9980 |
| Total equity | 10 827 | 59 311 | 81 756 | 80 423 | 96 053 | 91 932 | 118 039 | 156 610 | 131 028 | 169 054 | 130 033 | 146 279 | 114 800 |
| Income statement | |||||||||||||
| Sales revenue | 22 039 | 106 317 | 114 341 | 81 571 | 99 905 | 120 902 | 126 394 | 173 612 | 114 402 | 219 524 | 255 874 | 260 433 | 199 794 |
| Operating profit | 12 772 | 52 662 | 28 306 | 632 | 19 875 | -2862 | 27 753 | 38 573 | -25 533 | 38 025 | -37 392 | 46 939 | -2708 |
| Profit before income tax | 12 716 | 51 596 | 26 500 | -1332 | 18 474 | -4121 | 26 107 | 38 573 | -25 533 | 38 025 | -39 020 | 45 915 | -4497 |
| Profit for the reporting year | 10 807 | 43 906 | 22 445 | -1332 | 15 630 | -4121 | 26 107 | 38 573 | -25 583 | 38 025 | -39 020 | 45 895 | -9980 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 649 | 21 499 |
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 "Madaras meži"
Overview
SIA "Madaras meži" (reg. no. 42103066329) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Kuldīgas nov., Skrunda, Lielā iela 33.
Financial results
Revenue in 2025 was 199 794 €, down 23,3% on the previous year (260 433 €). From 2013 to 2025, revenue grew by an average of 20,2% per year. 2025 ended with a loss of 9980 €. The company was profitable in 8 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 99 897 €. At the end of 2025, total assets were 136 292 € and equity 114 800 € (84,2% 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.