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Company · 02.20 · Forestry and logging

SIA LATVIJAS MEŽS

From the company website
A trusted partner for forest owners: purchase of forests and logging sites, logging and forest management. Get in touch and receive a quote within 1 day
Uzticams partneris meža īpašniekiem: mežu un cirsmu iegāde, mežizstrāde un apsaimniekošana. Sazinies un saņem piedāvājumu 1 dienā

Turnover · 2025

4.9 M €

+30% vs previous year

Employees

20

Turnover per employee: 245 k €

Taxes paid · 2024

48 k €

Payroll fund / employees: 19 k €

Payroll fund · 2024 estimate

380 k €

Wage estimate, gross: 1,582 €

Tax breakdown · 2026 Q3

Total paid to VID 73 k €
Personal income tax 62 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 Q373 k €62 k €45 k €0 €35 k €
2026 Q263 k €51 k €41 k €120 €29 k €
2026 Q170 k €62 k €47 k €0 €39 k €
2025 Q417 k €34 k €40 k €32 k €89 k €
202448 k €175 k €129 k €——
2023-4760 €135 k €143 k €——
202243 k €143 k €122 k €——

Financial health · From the 2025 balance sheet

Net profit-961602 €
Total assets2.8 M €
Equity524 k €
Current ratio0.2
Quick ratio0.1
Debt to equity4.4
Equity ratio18.6%
Return on assets-34.1%
Return on equity-183.5%

Cross-section against the peer median

Compared with companies under NACE code 02.20 — 24.

Turnover
÷1.0
4.9 M € 5.0 M €
Employees
÷1.6
20 32
Taxes paid
×2.1
73 k € 34 k €
Payroll
÷1.5
380 k € 555 k €
Logarithmic scale
÷10÷3×1×3×10

Position among peers

Turnover
above 46% of peers
Employees
above 29% of peers
This company Peer median · 24

Indicators

Turnover per employee 245 k € ×1.5 of the median
Margin -19.6%
Year on year +30%
Payroll fund estimate 380 k €
Registration number 44103058635
Registered address Valmieras nov., Valmiera, Tērbatas iela 14

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

26 k €

Contracts

1

Latest contract: 2024-07-23

Largest buyer

Cēsu novada pašvaldība

Latest contracts

    Filed annual reports

    YearTurnoverNet profitAssetsEmployees
    20254.9 M € -961602 € 2.8 M € 20
    20243.8 M € 33 k € 3.7 M € 20
    20232.7 M € 70 k € 2.5 M € 21
    20223.2 M € 146 k € 2.4 M € 22
    20212.3 M € 47 k € 1.9 M € 20
    20202.5 M € 90 k € 2.0 M € 21

    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.