Sabiedrība ar ierobežotu atbildību "Latnord Forestry"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 20 158 | 12 777 | 1469 | 22 811 | 8251 | 37 780 | 56 735 | 76 269 | 104 018 | 119 289 | 93 481 | 51 702 | 37 214 | 79 213 | 35 703 |
| Total non-current assets | 9309 | 49 434 | 40 009 | 40 427 | 24 648 | 8937 | 2460 | 8171 | 21 982 | 28 852 | 23 809 | 15 927 | 7130 | 11 664 | 47 340 |
| Total assets | 29 467 | 62 211 | 41 478 | 63 238 | 32 899 | 46 717 | 59 195 | 84 440 | 126 000 | 148 141 | 117 290 | 67 629 | 44 344 | 90 877 | 83 043 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 8027 | 17 097 | 19 331 | 44 494 | 26 582 | 7821 | 13 791 | 25 077 | 23 419 | 28 879 | 22 082 | 23 266 | 17 039 | 23 975 | 20 446 |
| Non-current liabilities | 0 | 28 234 | 21 320 | 17 063 | 4628 | 0 | 0 | 0 | 8063 | 2731 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8027 | 45 331 | 40 651 | 61 557 | 31 210 | 7821 | 13 791 | 25 077 | 31 482 | 31 610 | 22 082 | 23 266 | 17 039 | 23 975 | 20 446 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 25 705 | -4560 | -16 053 | 506 | 8 | 37 225 | 6509 | 56 535 | 64 527 | 22 013 | -21 323 | -50 845 | -17 058 | 39 597 | -4305 |
| Total equity | 21 440 | 16 880 | 827 | 1681 | 1689 | 38 896 | 45 404 | 59 363 | 94 518 | 116 531 | 95 208 | 44 363 | 27 305 | 66 902 | 62 597 |
| Income statement | |||||||||||||||
| Sales revenue | 73 308 | 99 794 | 90 365 | 135 979 | 157 829 | 158 740 | 157 330 | 208 466 | 239 000 | 194 290 | 140 228 | 132 995 | 127 904 | 195 522 | 337 833 |
| Operating profit | 28 666 | -2673 | -14 087 | 2691 | 1280 | 41 882 | 6509 | 56 535 | 67 657 | 22 360 | -18 110 | -47 904 | -14 407 | 39 597 | -2696 |
| Profit before income tax | 28 666 | -4560 | -16 053 | 506 | 8 | 41 451 | 6509 | 56 535 | 64 527 | 22 013 | -21 323 | -50 845 | -17 058 | 39 597 | -4305 |
| Profit for the reporting year | 25 705 | -4560 | -16 053 | 506 | 8 | 37 225 | 6509 | 56 535 | 64 527 | 22 013 | -21 323 | -50 845 | -17 058 | 39 597 | -4305 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 9 | 8 | 9 | 7 | 5 | 6 | 7 | 8 | 8 | 7 | 6 | 5 | 5 | 3 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 42 576 | 29 372 | 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.
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Summary: Sabiedrība ar ierobežotu atbildību "Latnord Forestry"
Overview
Sabiedrība ar ierobežotu atbildību "Latnord Forestry" (reg. no. 45403025295) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Madonas nov., Madona, Rūpniecības iela 18A - 41.
Financial results
Revenue in 2025 was 337 833 €, up 72,8% on the previous year (195 522 €). From 2011 to 2025, revenue grew by an average of 11,5% per year. This is the company's highest revenue among the published years (2011–2025). 2025 ended with a loss of 4305 €. The company was profitable in 9 of the 15 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 84 458 €. At the end of 2025, total assets were 83 043 € and equity 62 597 € (75,4% of assets).
Management and owners
The board has 2 members. 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.