SIA "ARE Mežs"Active

43603026929Limited liability companyFounded 2006

Key figures

250 466 €-0,3%
Revenue 2025
+0,1%
Average annual growth 2010–2025
0100 k200 k300 k400 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 9135 € (12% 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).

History
2025 ~9135 €
2024 ~12 180 €
2023 ~33 783 €
2022 ~21 450 €
2021 ~12 180 €
2020 ~7577 €
2019 ~11 894 €
20180 €
2017 ~19 488 €
2016 ~12 000 €
2015 ~12 004 €
20140 €
20130 €
20120 €
20110 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets31 79020 43116 64316 47936 05316 70419 80117 89827 67919 50433 74824 25081 82025 63427 32549 510
Total non-current assets69 67022 677228015 828123 29899 83472 58645 51019 2358075257280 914154 666135 096158 463137 943
Total assets101 46043 10818 92332 307159 351116 53892 38763 40846 91427 57936 320105 164236 486160 730185 788187 453
Balance sheet — liabilities and equity
Current liabilities83 27840 91419 92418 10856 59730 96331 85240 58729 26917 15215 07332 33346 77447 32042 12447 524
Non-current liabilities27 13000067 62850 30532 45614 18000036 07163 71231 77570 11037 387
Total liabilities110 40840 91419 92418 108124 22581 26864 30854 76729 26917 15215 07368 404110 48679 095112 23484 911
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year219411 141-319515 20014 92212 1484809509004467618 39727 693110 690-10 582409938 123
Total equity-89482194-100114 19935 12635 27028 079864117 64510 42721 24736 760126 00081 63573 554102 542
Income statement
Sales revenue247 653220 023123 212140 405193 971201 461205 004189 857222 646198 196203 622236 636354 563242 258251 309250 466
Operating profit696415 862-46316 59315 76514 308622419589703638020 29237 286123 258674041 29347 844
Profit before income tax219411 352-151316 28514 92212 14848098429004620020 29230 737116 053-2137714340 406
Profit for the reporting year219411 141-319515 20014 92212 1484809509004467618 39727 693110 690-10 582409938 123
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees221511101088887777775
Calculated dividend—000012 00412 00019 488011 894757712 18021 45033 78312 1809135

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

Click a node to see its other connections.

33,99%33%33%SIA "ARE Mežs"Grīnfelds Aigars1Grīnfelds Eglons1Grīnfelds Raivis
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "ARE Mežs"

Overview

SIA "ARE Mežs" (reg. no. 43603026929) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Jelgavas nov., Salgales pag., "Plāņi".

Financial results

Revenue in 2025 was 250 466 €, on a par with the previous year. Net profit for 2025 was 38 123 € (15,2% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 5 employees (7 a year earlier). Revenue per employee was 50 093 €. At the end of 2025, total assets were 187 453 € and equity 102 542 € (54,7% of assets).

Management and owners

The board has 3 members. According to the register, the company has 3 owners. The largest stake (34%) 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.