KURZEME TIMBERLAND SIAActive
Key figures
Ratios
2026Balance sheet structure
Summary of financial statements2014–2026
| 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 768 | 60 450 | 55 599 | 48 611 | 44 570 | 32 644 | 29 691 | 22 211 | 7666 | 23 711 | 13 120 | 9255 |
| Total non-current assets | 5 002 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 | 6 621 846 |
| Total assets | 5 003 614 | 6 682 296 | 6 677 445 | 6 670 457 | 6 666 416 | 6 654 490 | 6 651 537 | 6 644 057 | 6 629 512 | 6 645 557 | 6 634 966 | 6 631 101 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 5 003 258 | 3943 | 4311 | 2866 | 4980 | 788 | 6444 | 6075 | 368 | 25 730 | 2168 | 3226 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 5 003 258 | 3943 | 4311 | 2866 | 4980 | 788 | 6444 | 6075 | 368 | 25 730 | 2168 | 3226 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2490 | -15 173 | -5219 | -5543 | -6155 | -7734 | -8609 | -7111 | -8838 | -9317 | 12 971 | -4923 |
| Total equity | 356 | 6 678 353 | 6 673 134 | 6 667 591 | 6 661 436 | 6 653 702 | 6 645 093 | 6 637 982 | 6 629 144 | 6 619 827 | 6 632 798 | 6 627 875 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -2490 | -15 123 | -5169 | -5493 | -6105 | -7684 | -8559 | -7061 | -8788 | -9267 | 13 021 | -4873 |
| Profit before income tax | -2490 | -15 123 | -5169 | -5493 | -6105 | -7684 | -8559 | -7061 | -8788 | -9267 | 13 021 | -4873 |
| Profit for the reporting year | -2490 | -15 173 | -5219 | -5543 | -6155 | -7734 | -8609 | -7111 | -8838 | -9317 | 12 971 | -4923 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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
- ZEMGALE TIMBERLAND SIA — 100%
Summary: KURZEME TIMBERLAND SIA
Overview
KURZEME TIMBERLAND SIA (reg. no. 50103791491) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Cēsu nov., Cēsis, Valmieras iela 20A.
Financial results
There was no revenue in 2026. 2026 ended with a loss of 4923 €. The company was profitable in 1 of the 12 published years. According to the report, the company had no employees in 2026. At the end of 2026, total assets were 6 631 101 € and equity 6 627 875 € (100,0% of assets).
Management and owners
The board has 4 members. The sole owner of the company is IKEA Forestry Investment AB. The company holds a stake in one other active Latvian company.
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.