Meža pārstrādes kooperatīvā sabiedrība "GAIZIŅŠ"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 | 342 800 | 268 943 | 331 635 | 779 952 | 930 909 | 895 156 | 708 647 | 988 272 | 1 288 974 | 1 397 626 | 2 380 952 | 3 508 171 | 1 841 372 | 1 381 361 | 979 267 |
| Total non-current assets | 520 125 | 455 372 | 431 702 | 596 453 | 637 051 | 727 615 | 830 539 | 1 434 289 | 1 194 357 | 911 760 | 1 254 718 | 2 649 048 | 2 226 530 | 1 901 332 | 1 573 478 |
| Total assets | 862 925 | 724 315 | 763 337 | 1 376 405 | 1 567 960 | 1 622 771 | 1 539 186 | 2 422 561 | 2 483 331 | 2 309 386 | 3 635 670 | 6 157 219 | 4 067 902 | 3 282 693 | 2 552 745 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 237 025 | 227 581 | 127 814 | 309 236 | 426 026 | 487 571 | 306 216 | 723 755 | 694 200 | 611 630 | 943 042 | 784 674 | 469 372 | 928 777 | 1 214 774 |
| Non-current liabilities | 54 865 | 13 214 | 0 | 0 | 9906 | 38 521 | 131 553 | 538 680 | 408 268 | 297 447 | 106 626 | 0 | 0 | 0 | 0 |
| Total liabilities | 291 890 | 240 795 | 127 814 | 309 236 | 435 932 | 526 092 | 437 769 | 1 262 435 | 1 102 468 | 909 077 | 1 049 668 | 784 674 | 469 372 | 928 777 | 1 214 774 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 100 961 | -89 439 | 149 046 | 168 107 | -108 684 | 39 586 | 24 738 | 98 709 | 244 736 | 44 446 | 1 235 693 | 2 987 543 | -1 724 015 | -1 244 615 | -1 015 945 |
| Total equity | 555 928 | 466 489 | 615 535 | 1 024 734 | 1 078 184 | 1 096 679 | 1 101 417 | 1 160 126 | 1 380 863 | 1 400 309 | 2 586 002 | 5 372 545 | 3 598 530 | 2 353 916 | 1 337 971 |
| Income statement | |||||||||||||||
| Sales revenue | 1 873 264 | 1 707 256 | 2 267 943 | 3 526 763 | 3 595 158 | 3 945 546 | 3 871 514 | 4 291 316 | 5 228 759 | 5 707 191 | 8 483 649 | 11 764 113 | 6 269 205 | 5 746 336 | 6 150 280 |
| Operating profit | 109 612 | -69 452 | 160 537 | 170 061 | -238 100 | 41 863 | 27 242 | 106 403 | 260 264 | 56 081 | 1 244 714 | 2 995 103 | -1 723 076 | -1 247 869 | -1 016 057 |
| EBITDA | 225 386 | 11 200 | 224 621 | 261 732 | -122 450 | 146 997 | 161 822 | 253 939 | 564 205 | 358 595 | 1 523 111 | 3 334 896 | -1 170 737 | -858 819 | -636 633 |
| Profit before income tax | 102 205 | -88 327 | 150 131 | 169 800 | -106 895 | 39 586 | 24 738 | 98 709 | 244 736 | 44 446 | 1 236 443 | 2 990 043 | -1 723 842 | -1 244 615 | -1 015 945 |
| Profit for the reporting year | 100 961 | -89 439 | 149 046 | 168 107 | -108 684 | 39 586 | 24 738 | 98 709 | 244 736 | 44 446 | 1 235 693 | 2 987 543 | -1 724 015 | -1 244 615 | -1 015 945 |
| Labour costs | 280 061 | 300 864 | 342 707 | 694 794 | 867 449 | 986 263 | 902 155 | 964 909 | 1 083 167 | 1 183 918 | 1 238 052 | 1 461 527 | 1 303 807 | 1 413 337 | 1 356 480 |
| Depreciation of non-current assets | 115 774 | 80 652 | 64 084 | 91 671 | 115 650 | 105 134 | 134 580 | 147 536 | 303 941 | 302 514 | 278 397 | 339 793 | 552 339 | 389 050 | 379 424 |
| Other indicators | |||||||||||||||
| Employees | 91 | 85 | 87 | 101 | 107 | 112 | 101 | 95 | 85 | 79 | 76 | 74 | 70 | 73 | 69 |
| Calculated dividend | 0 | 0 | 0 | 17 280 | 18 000 | 21 091 | 20 000 | 40 000 | 23 999 | 25 000 | 50 000 | 160 800 | 40 000 | 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: Meža pārstrādes kooperatīvā sabiedrība "GAIZIŅŠ"
Overview
Meža pārstrādes kooperatīvā sabiedrība "GAIZIŅŠ" (reg. no. 47103000873) is a cooperative society. The company was registered in 1992 and has been in the register for 34 years. Registered address: Madonas nov., Bērzaunes pag., Bērzaune, Gaiziņa iela 7.
Financial results
Revenue in 2025 was 6 150 280 €, up 7,0% on the previous year (5 746 336 €). From 2011 to 2025, revenue grew by an average of 8,9% per year. 2025 ended with a loss of 1 015 945 €. The company was profitable in 10 of the 15 published years. In 2025 the company had 69 employees (73 a year earlier). Revenue per employee was 89 134 €. At the end of 2025, total assets were 2 552 745 € and equity 1 337 971 € (52,4% of assets).
Management and owners
The board has 2 members.
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.