SIA "LV Timber"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 350 000 € (11% 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 statements2010–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 3 411 501 | 3 726 098 | 3 033 225 | 3 874 834 | 6 725 109 |
| Profit for the reporting year | 1 068 959 | 1 229 501 | 7536 | 112 889 | 1 114 289 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 3 473 779 | 4 976 897 | 4 907 461 | 5 380 149 | 6 623 046 |
| Total liabilities | 1 112 664 | 1 473 282 | 1 524 309 | 2 083 948 | 2 562 556 |
| Total equity | 2 361 115 | 3 503 615 | 3 383 152 | 3 296 201 | 4 060 490 |
| Employees | 39 | 38 | 31 | 35 | 56 |
| Calculated dividend | 190 000 | 87 001 | 127 999 | 199 840 | 350 000 |
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 "LV Timber"
Overview
SIA "LV Timber" (reg. no. 44103041588) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Smiltenes nov., Bilskas pag., "Lejas Dzeņi".
Financial results
Revenue in 2025 was 6 725 109 €, up 73,6% on the previous year (3 874 834 €). From 2010 to 2025, revenue grew by an average of 48,7% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 1 114 289 € (16,6% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 56 employees (35 a year earlier). Revenue per employee was 120 091 €. At the end of 2025, total assets were 6 623 046 € and equity 4 060 490 € (61,3% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (60%) 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.