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Company · 02.20 · Forestry and logging

SIA NK Meži

Turnover · 2025

2.4 M €

-23% vs previous year

Employees

27

Turnover per employee: 90 k €

Taxes paid · 2024

79 k €

Payroll fund / employees: 15 k €

Payroll fund · 2024 estimate

418 k €

Wage estimate, gross: 1,202 €

Tax breakdown · 2026 Q3

Total paid to VID 22 k €
Personal income tax 19 k €
Social contributions 43 k €
VAT paid · after deductions 0 €
VAT refunded by the state 40 k €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q322 k €19 k €43 k €0 €40 k €
2026 Q25 k €18 k €29 k €6 k €47 k €
2026 Q114 k €22 k €45 k €0 €54 k €
2025 Q416 k €14 k €23 k €29 k €50 k €
202479 k €86 k €143 k €——
202316 k €89 k €119 k €——
202281 k €121 k €100 k €——

Financial health · From the 2025 balance sheet

Net profit-251940 €
Total assets1.6 M €
Equity1.2 M €
Current ratio0.8
Quick ratio0.5
Debt to equity0.4
Equity ratio72.0%
Return on assets-15.3%
Return on equity-21.2%

Cross-section against the peer median

Compared with companies under NACE code 02.20 — 24.

Turnover
×1.0
2.4 M € 2.4 M €
Employees
×1.9
27 15
Taxes paid
×1.8
22 k € 12 k €
Payroll
×2.0
418 k € 210 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 50% of peers
Employees
above 92% of peers
This company Peer median · 24

Indicators

Turnover per employee 90 k € ×0.5 of the median
Margin -10.3%
Year on year -23%
Payroll fund estimate 418 k €
Registration number 41203041619
Registered address Ventspils nov., Vārves pag., Vārve, "Vārves mehāniskās darbnīca

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

Similar companies

Public contracts

All time

0 €

won jointly: 1

Contracts

1

Latest contract: 2025-12-10

Largest buyer

Akciju sabiedrība "Latvijas valsts meži"

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20252.4 M € -251940 € 1.6 M € 27
    20243.2 M € 363 k € 2.0 M € 29
    20232.0 M € -41371 € 1.4 M € 29
    20223.8 M € 571 k € 1.4 M € 25
    20211.5 M € 169 k € 840 k € 31
    20201.1 M € 14 k € 610 k € 35

    Foreign trade of the industry · 2025

    Industry goods exports

    173.5 M €

    Industry goods imports

    19.3 M €

    Goods exports to turnover estimate

    9%

    Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds.