Sabiedrība ar ierobežotu atbildību "LATGALES MEŽS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 59 130 | 102 399 | 86 621 | 72 442 | 52 059 | 34 387 | 59 688 | 48 365 | 37 458 | 38 099 | 77 348 | 145 127 | 192 390 | 253 196 | 282 417 | 231 717 | 302 243 | 149 977 |
| Total non-current assets | 148 244 | 152 982 | 96 210 | 84 806 | 100 541 | 99 775 | 170 386 | 118 057 | 108 504 | 97 178 | 86 171 | 69 810 | 35 629 | 18 149 | 66 741 | 89 223 | 161 178 | 163 685 |
| Total assets | 207 374 | 255 381 | 182 831 | 157 248 | 152 600 | 134 162 | 230 074 | 166 422 | 145 962 | 135 277 | 163 519 | 214 937 | 228 019 | 271 345 | 349 158 | 320 940 | 463 421 | 313 662 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 50 448 | 39 839 | 49 413 | 43 726 | 45 810 | 27 528 | 74 477 | 56 594 | 50 486 | 38 797 | 12 821 | 7838 | 39 206 | 43 593 | 83 477 | 53 022 | 194 503 | 90 402 |
| Non-current liabilities | 89 770 | 145 205 | 65 650 | 50 600 | 40 058 | 38 086 | 54 191 | 51 599 | 33 949 | 31 699 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 140 218 | 185 044 | 115 063 | 94 326 | 85 868 | 65 614 | 128 668 | 108 193 | 84 435 | 70 496 | 12 821 | 7838 | 39 206 | 43 593 | 83 477 | 53 022 | 194 503 | 90 402 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7472 | 3181 | -2570 | -4847 | 3810 | 1816 | 3871 | -47 046 | 3298 | 3254 | 85 917 | 56 402 | 34 174 | 68 938 | 37 929 | 2237 | 1000 | -45 658 |
| Total equity | 67 156 | 70 337 | 67 768 | 62 922 | 66 732 | 68 548 | 101 406 | 58 229 | 61 527 | 64 781 | 150 698 | 207 099 | 188 813 | 227 752 | 265 681 | 267 918 | 268 918 | 223 260 |
| Income statement | ||||||||||||||||||
| Sales revenue | 47 625 | 55 594 | 46 815 | 34 717 | 21 562 | 22 952 | 37 742 | 80 706 | 55 399 | 73 399 | 80 153 | 171 793 | 86 460 | 191 006 | 237 079 | 282 790 | 340 806 | 338 198 |
| Operating profit | 10 359 | 6746 | 2492 | -3949 | 5561 | 2710 | 7327 | -40 135 | 3992 | 5110 | 86 148 | 56 711 | 34 858 | 74 379 | 40 177 | 3341 | 1597 | -45 160 |
| Profit before income tax | 7472 | 4583 | 569 | -4251 | 5252 | 2592 | 6978 | -40 281 | 3708 | 4277 | 86 012 | 56 559 | 34 460 | 73 732 | 39 200 | 3180 | 1426 | -45 323 |
| Profit for the reporting year | 7472 | 3181 | -2570 | -4847 | 3810 | 1816 | 3871 | -47 046 | 3298 | 3254 | 85 917 | 56 402 | 34 174 | 68 938 | 37 929 | 2237 | 1000 | -45 658 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 7 | 8 | 3 | 4 | 3 | 2 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52 460 | 29 999 | 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: Sabiedrība ar ierobežotu atbildību "LATGALES MEŽS"
Overview
Sabiedrība ar ierobežotu atbildību "LATGALES MEŽS" (reg. no. 42403009255) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Balvu nov., Balvi, Ezera iela 28 - 13.
Financial results
Revenue in 2025 was 338 198 €, down 0,8% on the previous year (340 806 €). From 2008 to 2025, revenue grew by an average of 12,2% per year. 2025 ended with a loss of 45 658 €. The company was profitable in 14 of the 18 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 169 099 €. At the end of 2025, total assets were 313 662 € and equity 223 260 € (71,2% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.