"LATVIJAS MEŽS" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 103 748 | 283 137 | 438 237 | 105 042 | 120 150 | 85 089 | 262 089 | 383 067 | 323 413 | 417 416 | 321 439 | 421 370 | 570 805 | 987 992 | 285 705 |
| Total non-current assets | 346 604 | 876 492 | 1 088 700 | 1 733 557 | 1 456 879 | 1 126 261 | 900 267 | 1 543 391 | 1 743 825 | 1 605 364 | 1 538 382 | 1 954 595 | 1 957 651 | 2 758 852 | 2 534 315 |
| Total assets | 450 352 | 1 159 629 | 1 526 937 | 1 838 599 | 1 577 029 | 1 211 350 | 1 162 356 | 1 926 458 | 2 067 238 | 2 022 780 | 1 859 821 | 2 375 965 | 2 528 456 | 3 746 844 | 2 820 020 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 141 829 | 201 778 | 240 413 | 455 839 | 360 848 | 299 668 | 312 451 | 315 777 | 377 586 | 399 752 | 345 705 | 529 731 | 531 696 | 1 197 803 | 1 357 351 |
| Non-current liabilities | 134 724 | 240 528 | 293 811 | 309 607 | 279 259 | 175 313 | 105 634 | 425 748 | 493 945 | 337 809 | 182 134 | 378 229 | 531 730 | 1 063 511 | 938 741 |
| Total liabilities | 276 553 | 442 306 | 534 224 | 765 446 | 640 107 | 474 981 | 418 085 | 741 525 | 871 531 | 737 561 | 527 839 | 907 960 | 1 063 426 | 2 261 314 | 2 296 092 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 166 799 | 543 524 | 237 869 | -250 939 | -136 872 | -193 492 | 7902 | 440 662 | 10 774 | 89 512 | 46 763 | 146 024 | 69 525 | 33 000 | -961 602 |
| Total equity | 173 799 | 717 323 | 955 192 | 1 066 733 | 929 861 | 736 369 | 744 271 | 1 184 933 | 1 195 707 | 1 285 219 | 1 331 982 | 1 468 005 | 1 465 030 | 1 485 530 | 523 928 |
| Income statement | |||||||||||||||
| Sales revenue | 570 540 | 1 947 903 | 1 510 145 | 1 633 018 | 1 483 683 | 1 386 872 | 1 859 472 | 2 550 599 | 2 406 049 | 2 519 744 | 2 285 913 | 3 163 182 | 2 721 664 | 3 776 579 | 4 898 677 |
| Operating profit | 198 008 | 651 214 | 306 458 | -226 842 | -139 370 | -178 770 | 18 335 | 457 055 | 30 163 | 104 322 | 58 139 | 165 558 | 117 955 | 84 267 | -904 479 |
| Profit before income tax | 197 095 | 636 158 | 291 673 | -261 407 | -162 598 | -194 682 | 7902 | 444 078 | 11 549 | 89 567 | 47 039 | 148 899 | 69 900 | 33 075 | -961 602 |
| Profit for the reporting year | 166 799 | 543 524 | 237 869 | -250 939 | -136 872 | -193 492 | 7902 | 440 662 | 10 774 | 89 512 | 46 763 | 146 024 | 69 525 | 33 000 | -961 602 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 5 | 12 | 17 | 14 | 15 | 14 | 14 | 17 | 21 | 21 | 20 | 22 | 21 | 20 | 20 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 001 | 72 500 | 12 500 | 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: "LATVIJAS MEŽS" SIA
Overview
"LATVIJAS MEŽS" SIA (reg. no. 44103058635) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Valmieras nov., Valmiera, Tērbatas iela 14.
Financial results
Revenue in 2025 was 4 898 677 €, up 29,7% on the previous year (3 776 579 €). From 2010 to 2025, revenue grew by an average of 16,6% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 961 602 €. The company was profitable in 11 of the 15 published years. In 2025 the company had 20 employees. Revenue per employee was 244 934 €. At the end of 2025, total assets were 2 820 020 € and equity 523 928 € (18,6% 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.