SIA "Timbero Latvia"Active

50203055541Limited liability companyFounded 2017

Key figures

1 101 337 €+75,9%
Revenue 2025
+22,6%
Average annual growth 2017–2025
0500 k1 m1,5 m’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
20212022202320242025
Sales revenue987 0731 000 818913 815625 9971 101 337
Profit for the reporting year2710866514 55819 20026 366
Retained earnings of previous periods—————
Total assets231 951322 465232 344309 227290 062
Total liabilities219 248301 096196 326252 970207 439
Total equity12 70321 36936 01856 25782 623
Employees11101098
Calculated dividend00000

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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50%50%SIA "Timbero Latvia"2Virza ReinisSIA "JMI"4Virza Viesturs
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Summary: SIA "Timbero Latvia"

Overview

SIA "Timbero Latvia" (reg. no. 50203055541) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Vietalvas iela 1.

Financial results

Revenue in 2025 was 1 101 337 €, up 75,9% on the previous year (625 997 €). From 2017 to 2025, revenue grew by an average of 22,6% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 26 366 € (2,4% of revenue). The company was profitable in all 9 published years. In 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 137 667 €. At the end of 2025, total assets were 290 062 € and equity 82 623 € (28,5% 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.