SIA "Vestman Forest Fund"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 40 490 | 39 422 | 53 888 | 293 833 | 1 725 205 | 4 488 986 | 1 724 567 | 2 982 801 |
| Total non-current assets | 462 746 | 2 534 077 | 3 641 018 | 12 331 580 | 19 860 401 | 25 165 931 | 26 636 490 | 26 616 711 |
| Total assets | 503 236 | 2 573 499 | 3 694 906 | 12 625 413 | 21 585 606 | 29 654 917 | 28 361 057 | 29 599 512 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 23 226 | 4202 | 2 754 966 | 88 744 | 118 420 | 111 679 | 2 357 301 | 108 587 |
| Non-current liabilities | 417 342 | 2 575 000 | 0 | 9 562 345 | 17 314 749 | 26 171 269 | 22 846 698 | 23 253 251 |
| Total liabilities | 440 568 | 2 579 202 | 2 754 966 | 9 651 089 | 17 433 169 | 26 282 948 | 25 203 999 | 23 361 838 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 59 868 | -68 371 | 945 643 | 2 034 384 | 1 178 115 | -3 676 625 | -1 739 931 | -1 277 892 |
| Total equity | 62 668 | -5703 | 939 940 | 2 974 324 | 4 152 437 | 3 371 969 | 3 157 058 | 6 237 674 |
| Income statement | ||||||||
| Sales revenue | 127 113 | 430 783 | 1 537 096 | 77 343 | 225 121 | 145 212 | 225 643 | 1 004 432 |
| Operating profit | 77 210 | 6290 | 1 072 899 | 2 217 547 | 1 712 060 | -2 633 213 | -548 205 | -239 155 |
| EBITDA | — | — | — | 2 225 750 | 1 720 701 | -2 595 641 | — | — |
| Profit before income tax | 59 868 | -68 371 | 972 174 | 2 038 586 | 1 178 115 | -3 676 625 | -1 739 931 | -1 276 412 |
| Profit for the reporting year | 59 868 | -68 371 | 945 643 | 2 034 384 | 1 178 115 | -3 676 625 | -1 739 931 | -1 277 892 |
| Labour costs | — | — | — | 30 509 | 42 359 | 83 239 | — | — |
| Depreciation of non-current assets | — | — | — | 8203 | 8641 | 37 572 | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "Vestman Forest Fund"
Overview
SIA "Vestman Forest Fund" (reg. no. 44103115478) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Gulbenes nov., Stradu pag., "Jaunstradi 1".
Financial results
Revenue in 2025 was 1 004 432 €, up 345% on the previous year (225 643 €). From 2018 to 2025, revenue grew by an average of 34,4% per year. 2025 ended with a loss of 1 277 892 €. The company was profitable in 4 of the 8 published years. In 2025 the company had 3 employees. Revenue per employee was 334 811 €. At the end of 2025, total assets were 29 599 512 € and equity 6 237 674 € (21,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is OU Noble Woods.
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.