Sabiedrība ar ierobežotu atbildību "Timber Grinvalde"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 15 118 | 22 939 | 43 684 | 34 974 | 65 288 | 90 562 | 80 933 | 87 620 | 89 529 | 100 285 | 104 066 | 158 577 | 264 591 | 198 401 | 207 908 | 247 746 |
| Total non-current assets | 15 433 | 18 725 | 20 191 | 29 479 | 33 759 | 30 593 | 26 589 | 50 467 | 52 063 | 44 456 | 41 090 | 61 630 | 49 308 | 50 641 | 40 331 | 42 136 |
| Total assets | 30 551 | 41 664 | 63 875 | 64 453 | 99 047 | 121 155 | 107 522 | 138 087 | 141 592 | 144 741 | 145 156 | 220 207 | 313 899 | 249 042 | 248 239 | 289 882 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 20 921 | 21 197 | 44 187 | 33 900 | 56 391 | 76 088 | 65 673 | 64 839 | 74 610 | 84 746 | 80 094 | 58 368 | 31 946 | 48 047 | 36 836 | 40 610 |
| Non-current liabilities | 2788 | 5990 | 1471 | 5237 | 2478 | 2582 | 0 | 19 682 | 14 883 | 9006 | 6216 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 23 709 | 27 187 | 45 658 | 39 137 | 58 869 | 78 670 | 65 673 | 84 521 | 89 493 | 93 752 | 86 310 | 58 368 | 31 946 | 48 047 | 36 836 | 40 610 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4087 | 5097 | 3408 | 7305 | 4158 | 1789 | 4747 | 11 717 | 23 537 | 24 610 | 7857 | 102 581 | 120 114 | -80 958 | 10 408 | 37 869 |
| Total equity | 6087 | 11 184 | 14 592 | 21 897 | 35 313 | 37 102 | 41 849 | 53 566 | 52 099 | 50 989 | 58 846 | 161 839 | 281 953 | 200 995 | 211 403 | 249 272 |
| Income statement | ||||||||||||||||
| Sales revenue | 130 375 | 234 558 | 301 905 | 334 961 | 371 585 | 386 623 | 408 204 | 463 091 | 458 384 | 477 515 | 429 130 | 524 570 | 672 475 | 528 617 | 608 724 | 632 370 |
| Operating profit | 4722 | 6731 | 6817 | 11 044 | 7410 | 5083 | 6835 | 13 862 | 24 786 | 25 255 | 8746 | 102 720 | 120 114 | -80 958 | 10 408 | 37 869 |
| Profit before income tax | 4230 | 5949 | 3721 | 7791 | 5227 | 2537 | 5315 | 12 833 | 23 560 | 24 614 | 7945 | 102 581 | 120 114 | -80 958 | 10 408 | 37 869 |
| Profit for the reporting year | 4087 | 5097 | 3408 | 7305 | 4158 | 1789 | 4747 | 11 717 | 23 537 | 24 610 | 7857 | 102 581 | 120 114 | -80 958 | 10 408 | 37 869 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 7 | 12 | 15 | 18 | 15 | 13 | 12 | 11 | 11 | 12 | 13 | 12 | 12 | 12 | 13 | 12 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 004 | 25 720 | 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.
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Summary: Sabiedrība ar ierobežotu atbildību "Timber Grinvalde"
Overview
Sabiedrība ar ierobežotu atbildību "Timber Grinvalde" (reg. no. 43603041434) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Bauskas nov., Iecavas pag., "Grinvaldes".
Financial results
Revenue in 2025 was 632 370 €, up 3,9% on the previous year (608 724 €). From 2010 to 2025, revenue grew by an average of 11,1% per year. Net profit for 2025 was 37 869 € (6,0% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 12 employees (13 a year earlier). Revenue per employee was 52 698 €. At the end of 2025, total assets were 289 882 € and equity 249 272 € (86,0% 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.