"Smart wood technology" SIAActive

44103119234Limited liability companyFounded 2018

Key figures

561 246 €+49,5%
Revenue 2023
+28,4%
Average annual growth 2019–2023
0200 k400 k600 k20192020202120222023

Ratios

2023
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k20192020202120222023
Summary of financial statements2019–2023
20192020202120222023
Balance sheet — assets
Total current assets31 76420 314719513 45118 235
Total non-current assets33172222227529462578
Total assets35 08122 536947016 39720 813
Balance sheet — liabilities and equity
Current liabilities31 74415 099660312 27612 625
Non-current liabilities00000
Total liabilities31 74415 099660312 27612 625
Share capital—————
Retained earnings of previous periods—————
Profit for the year33374100-4500125410 413
Total equity33377437286741218188
Income statement
Sales revenue206 209289 692440 046375 451561 246
Operating profit33634100-4500125410 413
EBITDA65485905-3163486615 877
Profit before income tax33634100-4500125410 413
Profit for the reporting year33374100-4500125410 413
Labour costs37 61061 83936 09444 96992 933
Depreciation of non-current assets31851805133736125464
Other indicators
Employees67553
Calculated dividend—0000

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75%25%"Smart wood technolog…1Broks Normunds1Broka Linda
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Summary: "Smart wood technology" SIA

Overview

"Smart wood technology" SIA (reg. no. 44103119234) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Cēsu nov., Priekuļu pag., Priekuļi, Cēsu prospekts 12.

Financial results

Revenue in 2023 was 561 246 €, up 49,5% on the previous year (375 451 €). From 2019 to 2023, revenue grew by an average of 28,4% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for 2023 was 10 413 € (1,9% of revenue). The company was profitable in 4 of the 5 published years. In 2023 the company had 3 employees (5 a year earlier). Revenue per employee was 187 082 €. At the end of 2023, total assets were 20 813 € and equity 8188 € (39,3% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (75%) is held by a private individual.

Points to note

The latest published annual report is for 2023.

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.