SIA "ForestLand"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 20 994 | 42 335 | 27 862 | 9400 | 35 075 | 81 092 | 79 950 | 97 316 |
| Total non-current assets | 68 947 | 53 484 | 89 770 | 107 163 | 100 786 | 61 819 | 60 822 | 62 530 |
| Total assets | 89 941 | 95 819 | 117 632 | 116 563 | 135 861 | 142 911 | 140 772 | 159 846 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 40 244 | 67 542 | 58 788 | 59 192 | 33 780 | 17 648 | 9023 | 13 220 |
| Non-current liabilities | 0 | 9900 | 12 700 | 6600 | 5500 | 4400 | 3300 | 2200 |
| Total liabilities | 40 244 | 77 442 | 71 488 | 65 792 | 39 280 | 22 048 | 12 323 | 15 420 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 49 696 | -31 320 | 17 768 | 4627 | 45 810 | 38 406 | 7586 | 15 977 |
| Total equity | 49 697 | 18 377 | 46 144 | 50 771 | 96 581 | 120 863 | 128 449 | 144 426 |
| Income statement | ||||||||
| Sales revenue | 236 884 | 61 293 | 53 166 | 14 531 | 152 735 | 139 783 | 37 132 | 35 142 |
| Operating profit | 49 935 | -30 393 | 18 496 | 5882 | 46 094 | 38 821 | 8035 | 16 228 |
| Profit before income tax | 49 696 | -31 320 | 17 768 | 4627 | 45 810 | 38 406 | 7586 | 15 977 |
| Profit for the reporting year | 49 696 | -31 320 | 17 768 | 4627 | 45 810 | 38 406 | 7586 | 15 977 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 1 | 1 | 3 | 3 | 2 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 14 124 | 0 | 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: SIA "ForestLand"
Overview
SIA "ForestLand" (reg. no. 44103115020) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Valmieras nov., Valmiera, Namdaru iela 7.
Financial results
Revenue in 2025 was 35 142 €, down 5,4% on the previous year (37 132 €). From 2018 to 2025, revenue declined by an average of 23,9% per year. Net profit for 2025 was 15 977 € (45,5% of revenue). The company was profitable in 7 of the 8 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 159 846 € and equity 144 426 € (90,4% 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.