Maiko Forest SIAActive

44103123422Limited liability companyFounded 2019

Key figures

168 721 €+35,2%
Revenue 2025
+119,2%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets2937164716471647164730 331201 157
Total non-current assets615573482409350171 30546 258
Total assets35522220212920561997201 636247 415
Balance sheet — liabilities and equity
Current liabilities21830000159 77625 563
Non-current liabilities000050071 457
Total liabilities218300050159 77697 020
Share capital———————
Retained earnings of previous periods———————
Profit for the year-1431851-91-73-10939 913108 535
Total equity1369222021292056194741 860150 395
Income statement
Sales revenue15221159000124 779168 721
Operating profit-1431997-91-73-5939 913108 551
Profit before income tax-1431997-91-73-5939 913108 535
Profit for the reporting year-1431851-91-73-10939 913108 535
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees0000044
Calculated dividend—000000

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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33,5%33,25%33,25%Maiko Forest SIA2Ikšelis Mārtiņš1Kovaļausks ValtersMatisons Andris
CompanyPersonShareholderOther roleAdditional link

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Summary: Maiko Forest SIA

Overview

Maiko Forest SIA (reg. no. 44103123422) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Gulbenes nov., Rankas pag., "Veczimzas".

Financial results

Revenue in 2025 was 168 721 €, up 35,2% on the previous year (124 779 €). From 2019 to 2025, revenue grew by an average of 119% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for 2025 was 108 535 € (64,3% of revenue). The company was profitable in 3 of the 7 published years. In 2025 the company had 4 employees. Revenue per employee was 42 180 €. At the end of 2025, total assets were 247 415 € and equity 150 395 € (60,8% of assets).

Management and owners

The board has 3 members. According to the register, the company has 3 owners. The largest stake (33,5%) is held by 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.