"EcoForest Firewood" SIAActive

50103650401Limited liability companyFounded 2013

Key figures

614 500 €+38,4%
Revenue 2025
+28,0%
Average annual growth 2013–2025
0200 k400 k600 k800 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets941111 52313 44939 347122 13869 502278 12418 285323396 90282 714393 596387 275
Total non-current assets00000096776756636716700
Total assets941111 52313 44939 347122 13869 502279 09119 052379997 26982 881393 596387 275
Balance sheet — liabilities and equity
Current liabilities13 66620 03129 28757 71883 17847 786299 42750 42448 721180 325175 541461 644385 192
Non-current liabilities0000000000000
Total liabilities13 66620 03129 28757 71883 17847 786299 42750 42448 721180 325175 541461 644385 192
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year-6255-2454-7330-253457 331-17 245-42 052-11 036-13 550-38 134-960424 61370 131
Total equity-4255-8508-15 838-18 37138 96021 716-20 336-31 372-44 922-83 056-92 660-68 0482083
Income statement
Sales revenue31 76933 264934131 692229 28654 863173 638315 04520 0780142 260444 005614 500
Operating profit-5966-2429-7330-253464 572-17 245-42 052-11 036-13 550-38 134-960424 61370 131
Profit before income tax-6255-2454-7330-253463 847-17 245-42 052-11 036-13 550-38 134-960424 61370 131
Profit for the reporting year-6255-2454-7330-253457 331-17 245-42 052-11 036-13 550-38 134-960424 61370 131
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees0111122222212
Calculated dividend—000000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
50%50%"EcoForest Firewood" …Shevelev SimonGannet Leonard James
CompanyPersonShareholderOther roleAdditional link

Summary: "EcoForest Firewood" SIA

Overview

"EcoForest Firewood" SIA (reg. no. 50103650401) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Brīvības iela 159A - 77.

Financial results

Revenue in 2025 was 614 500 €, up 38,4% on the previous year (444 005 €). From 2013 to 2025, revenue grew by an average of 28,0% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 70 131 € (11,4% of revenue). The company was profitable in 3 of the 13 published years. In 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 307 250 €. At the end of 2025, total assets were 387 275 € and equity 2083 € (0,5% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.