Sabiedrība ar ierobežotu atbildību TIMBER WAYActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 5671 | 14 294 | 14 762 | 15 124 | 10 958 | 62 119 | 5573 |
| Total non-current assets | 1397 | 9182 | 23 878 | 25 959 | 57 613 | 54 891 | 89 969 |
| Total assets | 7068 | 23 476 | 38 640 | 41 083 | 68 571 | 117 010 | 95 542 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 8632 | 3168 | 6161 | 4889 | 7996 | 12 673 | 5827 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8632 | 3168 | 6161 | 4889 | 7996 | 12 673 | 5827 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -4364 | 21 872 | 12 171 | 3715 | 24 381 | 43 762 | -14 622 |
| Total equity | -1564 | 20 308 | 32 479 | 36 194 | 60 575 | 104 337 | 89 715 |
| Income statement | |||||||
| Sales revenue | 67 127 | 103 069 | 105 139 | 104 872 | 167 192 | 346 768 | 201 813 |
| Operating profit | -4303 | 21 872 | 12 171 | 3715 | 24 381 | 43 762 | -14 622 |
| Profit before income tax | -4364 | 21 872 | 12 171 | 3715 | 24 381 | 43 762 | -14 622 |
| Profit for the reporting year | -4364 | 21 872 | 12 171 | 3715 | 24 381 | 43 762 | -14 622 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 4 | 5 | 4 | 5 | 5 | 5 | 5 |
| Calculated dividend | — | 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 TIMBER WAY
Overview
Sabiedrība ar ierobežotu atbildību TIMBER WAY (reg. no. 45403052838) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Madonas nov., Liezēres pag., "Ūdri".
Financial results
Revenue in 2025 was 201 813 €, down 41,8% on the previous year (346 768 €). From 2019 to 2025, revenue grew by an average of 20,1% per year. 2025 ended with a loss of 14 622 €. The company was profitable in 5 of the 7 published years. In 2025 the company had 5 employees. Revenue per employee was 40 363 €. At the end of 2025, total assets were 95 542 € and equity 89 715 € (93,9% 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.