SIA S3 ForestActive

44103100720Limited liability companyFounded 2015

Key figures

49 166 €-59,0%
Revenue 2025
-4,4%
Average annual change 2015–2025
0200 k400 k600 k’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
2023 ~5625 €
2022 ~11 599 €
20210 €
20200 €
2019 ~22 967 €
2018 ~12 000 €
2017 ~8000 €
20160 €
Summary of financial statements2015–2025
20152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets988815 68126 42451 24272 711114 824121 741139 022121 404103 70568 548
Total non-current assets672823 48419 59145 26633 00222 65613 6036973682934362298
Total assets16 61639 16546 01596 508105 713137 480135 344145 995128 233107 14170 846
Balance sheet — liabilities and equity
Current liabilities31713509488417 30428 22311 84514 89128 60552 75416 73523 518
Non-current liabilities07800616325 10117 531950035000000
Total liabilities317111 30911 04742 40545 75421 34518 39128 60552 75416 73523 518
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year13 44414 41115 11231 13528 82356 17681812 036-36 28614 927-43 078
Total equity13 44527 85634 96854 10359 959116 135116 953117 39075 47990 40647 328
Income statement
Sales revenue76 807161 019162 399215 206186 616160 74057 084577 025209 007119 98349 166
Operating profit15 55015 80218 17332 18230 86458 781206816 700-31 85620 953-38 063
Profit before income tax15 55015 80217 65831 13528 82356 17681815 205-34 87914 927-43 078
Profit for the reporting year13 44414 41115 11231 13528 82356 17681812 036-36 28614 927-43 078
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees11112233334
Calculated dividend—0800012 00022 9670011 599562500

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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100%SIA S3 Forest1Smirnovs Aivars
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA S3 Forest

Overview

SIA S3 Forest (reg. no. 44103100720) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Cēsu nov., Liepas pag., "Lazdiņas".

Financial results

Revenue in 2025 was 49 166 €, down 59,0% on the previous year (119 983 €). From 2015 to 2025, revenue declined by an average of 4,4% per year. This is the company's lowest revenue among the published years (2015–2025). 2025 ended with a loss of 43 078 €. The company was profitable in 9 of the 11 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 12 292 €. At the end of 2025, total assets were 70 846 € and equity 47 328 € (66,8% 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.