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Company · 02.10 · Forestry and logging

SIA MEŽVALDE AD

From the company website
Purchase of forest properties – Purchase of forest stands and forest properties in Vidzeme; Logging services – Preparation of timber from both clear-cuts and thinning operations
Meža īpašumu pirkšana- Cirsmu un meža īpašumu pirkšana Vidzemē; Mežizstrādes pakalpojumi- Kokmateriālu sagatavošana gan kailcirtēs, gan kopšanas cirtēs

Turnover · 2025

6.7 M €

+22% vs previous year

Employees

24

Turnover per employee: 277 k €

Taxes paid · 2024

146 k €

Payroll fund / employees: 24 k €

Payroll fund · 2024 estimate

585 k €

Wage estimate, gross: 1,876 €

Tax breakdown · 2026 Q3

Total paid to VID 52 k €
Personal income tax 42 k €
Social contributions 45 k €
VAT paid · after deductions 0 €
VAT refunded by the state 35 k €

Quarterly history

QuarterTotal paid to VIDPersonal income taxSocial contributionsVAT paid · after deductionsVAT refunded by the state
2026 Q352 k €42 k €45 k €0 €35 k €
2026 Q244 k €48 k €43 k €0 €47 k €
2026 Q179 k €93 k €49 k €0 €64 k €
2025 Q477 k €56 k €47 k €0 €26 k €
2024146 k €212 k €200 k €——
2023122 k €234 k €179 k €——
2022182 k €290 k €158 k €——

Financial health · From the 2025 balance sheet

Net profit78 k €
Total assets3.7 M €
Equity1.9 M €
Current ratio1.4
Quick ratio0.8
Debt to equity0.9
Equity ratio51.7%
Return on assets2.1%
Return on equity4.1%

Cross-section against the peer median

Compared with companies under NACE code 02.10 — 24.

Turnover
×2.0
6.7 M € 3.3 M €
Employees
×3.0
24 8
Taxes paid
×15
52 k € 3 k €
Payroll
×4.7
585 k € 125 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 75% of peers
Employees
above 79% of peers
This company Peer median · 24

Indicators

Turnover per employee 277 k € ×0.7 of the median
Margin 1.2%
Year on year +22%
Payroll fund estimate 585 k €
Registration number 44101022385
Registered address Smiltenes nov., Smiltene, Daugavas iela 1A

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: 3

Contracts

3

Latest contract: 2025-07-21

Largest buyer

AS "Latvijas valsts meži"

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20256.7 M € 78 k € 3.7 M € 24
    20245.4 M € -144641 € 3.2 M € 27
    20236.9 M € 174 k € 3.5 M € 26
    202210.9 M € 719 k € 3.8 M € 25
    20217.3 M € 269 k € 2.8 M € 24
    20205.1 M € 125 k € 2.4 M € 24

    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.