SIA "Balvi Wood"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Sales revenue | 0 | 1 302 956 | 2 136 309 | 427 558 |
| Profit for the reporting year | -7628 | 129 774 | -82 572 | -53 632 |
| Retained earnings of previous periods | — | — | — | — |
| Total assets | 191 461 | 1 556 294 | 1 566 940 | 1 486 217 |
| Total liabilities | 196 289 | 1 431 348 | 1 524 566 | 1 497 475 |
| Total equity | -4828 | 124 946 | 42 374 | -11 258 |
| Employees | 1 | 23 | 47 | 23 |
| Calculated dividend | — | 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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Summary: SIA "Balvi Wood"
Overview
SIA "Balvi Wood" (reg. no. 50203285711) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Balvu nov., Balvi, Brīvības iela 1K.
Financial results
Revenue in 2024 was 427 558 €, down 80,0% on the previous year (2 136 309 €). 2024 ended with a loss of 53 632 €. The company was profitable in 1 of the 4 published years. In 2024 the company had 23 employees (47 a year earlier). Revenue per employee was 18 589 €.
Management and owners
The company has one board member. The sole owner of the company is SIA "GoWood".
Points to note
Equity was negative at the end of 2024 (-11 258 €).
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.