SIA "Duck Woodworks"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 59 000 € (17% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 1091 | 874 | 1392 | 9022 | 12 790 | 14 394 | 73 054 | 51 736 | 246 958 | 264 871 | 285 926 | 142 202 |
| Total non-current assets | 0 | 0 | 0 | 291 | 1158 | 7254 | 26 020 | 44 367 | 95 661 | 132 582 | 370 159 | 280 221 |
| Total assets | 1091 | 874 | 1392 | 9313 | 13 948 | 21 648 | 99 074 | 96 103 | 342 619 | 397 453 | 656 085 | 422 423 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 0 | 0 | 899 | 8333 | 3841 | 6913 | 17 210 | 52 795 | 185 416 | 52 474 | 97 316 | 89 061 |
| Non-current liabilities | 1100 | 1400 | 1400 | 1400 | 2400 | 2400 | 22 442 | 11 318 | 0 | 0 | 213 559 | 198 915 |
| Total liabilities | 1100 | 1400 | 2299 | 9733 | 6241 | 9313 | 39 652 | 64 113 | 185 416 | 52 474 | 310 875 | 287 976 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -10 | -518 | -536 | 487 | 8127 | 4628 | 56 586 | -14 432 | 150 213 | 187 254 | 102 | -151 763 |
| Total equity | -9 | -526 | -907 | -420 | 7707 | 12 335 | 59 422 | 31 990 | 157 203 | 344 979 | 345 210 | 134 447 |
| Income statement | ||||||||||||
| Sales revenue | 1929 | 1860 | 5848 | 23 791 | 57 961 | 73 047 | 295 232 | 448 370 | 1 361 610 | 1 648 233 | 1 181 926 | 998 250 |
| Operating profit | -10 | -508 | -2260 | 492 | 8198 | 4692 | 59 980 | -9855 | 219 781 | 188 661 | 1045 | -130 275 |
| Profit before income tax | -10 | -518 | -536 | 487 | 8127 | 4628 | 59 069 | -11 182 | 219 028 | 187 254 | 107 | -137 013 |
| Profit for the reporting year | -10 | -518 | -536 | 487 | 8127 | 4628 | 56 586 | -14 432 | 150 213 | 187 254 | 102 | -151 763 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 1 | 2 | 2 | 3 | 9 | 16 | 20 | 24 | 20 | 15 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 9499 | 13 000 | 25 000 | 0 | 0 | 59 000 |
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 "Duck Woodworks"
Overview
SIA "Duck Woodworks" (reg. no. 44103095152) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Cēsu nov., Cēsis, Festivāla iela 42 - 36.
Financial results
Revenue in 2025 was 998 250 €, down 15,5% on the previous year (1 181 926 €). From 2014 to 2025, revenue grew by an average of 76,5% per year. 2025 ended with a loss of 151 763 €. The company was profitable in 7 of the 12 published years. In 2025 the company had 15 employees (20 a year earlier). Revenue per employee was 66 550 €. At the end of 2025, total assets were 422 423 € and equity 134 447 € (31,8% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (70%) 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.