Sabiedrība ar ierobežotu atbildību "LABAIS MEŽS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 21 920 | 38 685 | 90 124 | 39 282 | 48 983 | 58 914 | 74 923 | 53 924 | 59 591 | 60 773 | 25 546 | 21 469 | 45 080 | 61 954 |
| Total non-current assets | 280 280 | 358 423 | 533 020 | 574 726 | 574 726 | 574 726 | 574 726 | 574 726 | 574 726 | 573 065 | 573 065 | 573 065 | 573 065 | 573 065 |
| Total assets | 302 200 | 397 108 | 623 144 | 614 008 | 623 709 | 633 640 | 649 649 | 628 650 | 634 317 | 633 838 | 598 611 | 594 534 | 618 145 | 635 019 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 759 | 1642 | 1 | 2 | 104 | 211 | 1117 | 923 | 5 | 86 | 877 | 298 | 2 | 245 |
| Non-current liabilities | 191 663 | 272 283 | 443 030 | 451 350 | 459 670 | 467 990 | 474 369 | 409 825 | 415 170 | 420 499 | 425 829 | 64 227 | 67 227 | 70 227 |
| Total liabilities | 192 422 | 273 925 | 443 031 | 451 352 | 459 774 | 468 201 | 475 486 | 410 748 | 415 175 | 420 585 | 426 706 | 64 525 | 67 229 | 70 472 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8612 | 13 405 | 4838 | -17 456 | 1279 | 1504 | 8659 | 43 739 | 1240 | -5889 | -1348 | -10 831 | 20 907 | 13 632 |
| Total equity | 109 778 | 123 183 | 180 113 | 162 656 | 163 935 | 165 439 | 174 163 | 217 902 | 219 142 | 213 253 | 171 905 | 530 009 | 550 916 | 564 547 |
| Income statement | ||||||||||||||
| Sales revenue | 15 665 | 27 879 | 31 200 | 0 | 25 096 | 22 869 | 36 136 | 73 428 | 19 337 | 5239 | 21 650 | 614 | 39 900 | 16 092 |
| Operating profit | 11 046 | 19 544 | 14 962 | -8570 | 9599 | 10 111 | 16 435 | 50 167 | 6869 | -560 | 11 569 | -7845 | 23 957 | 16 632 |
| Profit before income tax | 9640 | 16 094 | 6855 | -16 890 | 1279 | 1791 | 10 056 | 44 711 | 1525 | -5889 | 6239 | -10 831 | 20 957 | 13 632 |
| Profit for the reporting year | 8612 | 13 405 | 4838 | -17 456 | 1279 | 1504 | 8659 | 43 739 | 1240 | -5889 | -1348 | -10 831 | 20 907 | 13 632 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 000 | 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 "LABAIS MEŽS"
Overview
Sabiedrība ar ierobežotu atbildību "LABAIS MEŽS" (reg. no. 44103035685) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Vienības gatve 109.
Financial results
Revenue in 2025 was 16 092 €, down 59,7% on the previous year (39 900 €). Net profit for 2025 was 13 632 € (84,7% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 1 employees. Revenue per employee was 16 092 €. At the end of 2025, total assets were 635 019 € and equity 564 547 € (88,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is Usaldusfond Redgate Timberland.
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.