SIA IKA MežsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 25 000 € (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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 23 003 | 23 850 | 67 031 | 192 719 | 76 271 | 76 331 | 66 697 | 373 591 | 192 868 | 136 206 | 146 373 |
| Total non-current assets | 16 894 | 11 931 | 104 584 | 94 956 | 92 695 | 92 059 | 203 697 | 377 257 | 341 595 | 296 550 | 204 436 |
| Total assets | 39 897 | 35 781 | 171 615 | 287 675 | 168 966 | 168 390 | 270 394 | 750 848 | 534 463 | 432 756 | 350 809 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 14 064 | 4557 | 72 503 | 158 475 | 31 465 | 30 966 | 63 345 | 306 104 | 99 631 | 99 703 | 89 879 |
| Non-current liabilities | 0 | 0 | 45 786 | 34 864 | 59 389 | 33 754 | 71 850 | 135 505 | 163 427 | 102 206 | 45 407 |
| Total liabilities | 14 064 | 4557 | 118 289 | 193 339 | 90 854 | 64 720 | 135 195 | 441 609 | 263 058 | 201 909 | 135 286 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 12 273 | 5392 | 22 101 | 41 010 | 23 542 | 25 558 | 31 529 | 174 040 | 3176 | 9442 | 9676 |
| Total equity | 25 833 | 31 224 | 53 326 | 94 336 | 78 112 | 103 670 | 135 199 | 309 239 | 271 405 | 230 847 | 215 523 |
| Income statement | |||||||||||
| Sales revenue | 117 732 | 103 677 | 237 934 | 619 083 | 283 507 | 260 622 | 989 757 | 1 227 796 | 696 442 | 682 987 | 429 596 |
| Operating profit | 13 604 | 6423 | 22 101 | 42 777 | 24 803 | 26 477 | 33 023 | 178 641 | 26 619 | 34 907 | 22 967 |
| Profit before income tax | 13 604 | 6423 | 22 101 | 41 010 | 23 542 | 25 558 | 31 529 | 174 040 | 13 429 | 21 942 | 15 926 |
| Profit for the reporting year | 12 273 | 5392 | 22 101 | 41 010 | 23 542 | 25 558 | 31 529 | 174 040 | 3176 | 9442 | 9676 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 2 | 2 | 4 | 4 | 5 | 6 | 6 | 7 | 8 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 39 766 | 0 | 0 | 0 | 41 010 | 50 000 | 25 000 |
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 IKA Mežs
Overview
SIA IKA Mežs (reg. no. 44103096675) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Smiltenes nov., Variņu pag., Variņi, "Liesmas" - 1.
Financial results
Revenue in 2025 was 429 596 €, down 37,1% on the previous year (682 987 €). From 2015 to 2025, revenue grew by an average of 13,8% per year. Net profit for 2025 was 9676 € (2,3% of revenue). The company was profitable in all 11 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 61 371 €. At the end of 2025, total assets were 350 809 € and equity 215 523 € (61,4% 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.