SIA Ingka Investments TimberActive

50003871841Limited liability companyFounded 2006

Key figures

44 576 635 €-22,2%

Revenue 2025

+43,0%

Average annual growth 2013–2025

Ratios

2025

7,7%

Profit margin

88,4%

Equity ratio

2,3×

Current ratio

9,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2013–2025

	2013	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	2 501 714	3 180 079	3 349 582	3 959 555	7 524 148	4 404 735	4 416 361	5 559 266	15 891 863	8 395 012	12 786 442	11 562 662
Total non-current assets	13 214 095	19 374 510	20 130 807	20 446 331	19 849 935	22 173 685	23 796 860	25 867 729	27 376 721	30 237 564	31 788 763	31 914 177
Total assets	15 715 809	22 554 589	23 480 389	24 405 886	27 374 083	26 578 420	28 213 221	31 426 995	43 268 584	38 632 576	44 575 205	43 476 839
Balance sheet — liabilities and equity
Current liabilities	32 164	97 265	143 209	697 618	2 917 336	745 700	1 687 847	2 341 427	8 137 419	5 213 046	9 582 072	5 036 495
Non-current liabilities	271 053	344 570	275 993	0	0	0	0	0	0	0	0	0
Total liabilities	303 217	441 835	419 202	697 618	2 917 336	745 700	1 687 847	2 341 427	8 137 419	5 213 046	9 582 072	5 036 495
Share capital	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	1 472 167	182 613	-484 893	647 081	2 237 448	1 375 973	692 654	2 560 194	6 045 597	-1 711 635	1 573 603	3 447 211
Total equity	15 412 592	22 112 754	23 061 187	23 708 268	24 456 747	25 832 720	26 525 374	29 085 568	35 131 165	33 419 530	34 993 133	38 440 344
Income statement
Sales revenue	873 553	2 112 508	6 694 314	6 187 893	37 674 383	24 549 876	18 446 140	17 548 358	59 859 162	35 248 048	57 308 759	44 576 635
Operating profit	1 761 336	215 750	-562 639	477 657	2 234 457	1 377 912	693 341	2 560 610	5 988 864	-1 701 006	1 490 043	3 221 585
EBITDA	3 073 252	230 785	-542 954	497 091	2 257 067	1 406 435	742 299	2 611 251	6 046 969	—	—	—
Profit before income tax	1 771 114	230 119	-556 967	484 258	2 237 448	1 375 973	692 654	2 560 194	6 045 597	-1 703 161	1 574 849	3 452 801
Profit for the reporting year	1 472 167	182 613	-484 893	647 081	2 237 448	1 375 973	692 654	2 560 194	6 045 597	-1 711 635	1 573 603	3 447 211
Labour costs	54 381	143 281	198 211	155 503	182 160	260 407	412 398	480 639	531 527	—	—	—
Depreciation of non-current assets	1 311 916	15 035	19 685	19 434	22 610	28 523	48 958	50 641	58 105	—	—	—
Other indicators
Employees	3	4	5	5	5	7	13	13	15	15	1	1
Calculated dividend	0	0	—	0	0	0	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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Related companies

Shared members or board members

"ALFREDSSON LATVIA" SIA — 2 shared people
SIA "FRAGARIA" — 2 shared people
SIA "Ingka Investments Latvia" — 2 shared people
SIA "Ingka Investments Management" — 2 shared people
SIA "Latgales zaļā zeme" — 2 shared people
SIA "MYRTILLUS" — 2 shared people
SIA "RUDA" — 2 shared people
SIA "ZILUPE MEŽS" — 2 shared people
SIA Ingka Investments Renewable Energy Latvia

Same registered address

Summary: SIA Ingka Investments Timber

Overview

SIA Ingka Investments Timber (reg. no. 50003871841) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Ropažu nov., Garkalnes pag., Bukulti, Ādažu iela 24.

Financial results

Revenue in 2025 was 44 576 635 €, down 22,2% on the previous year (57 308 759 €). From 2013 to 2025, revenue grew by an average of 43,0% per year. Net profit for 2025 was 3 447 211 € (7,7% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 44 576 635 €. At the end of 2025, total assets were 43 476 839 € and equity 38 440 344 € (88,4% of assets).

Management and owners

The board has 4 members. The sole owner of the company is SIA "Ingka Investments Latvia".

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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.