Company · 02.10 · Forestry and logging

SIA Scandic Forest

Address confidence: Confirmed

Show on the map Company website Sector: Agriculture and forestry

From the company website
Are you selling a forest – a stand or an estate? Send us the details and receive a valuation. If there are any specific details, please note them down. We will examine your case individually, consider it carefully and provide a response. As we are a direct logging and forest management company…
Pārdod mežu - cirsmu vai īpašumu? Atsūti informāciju un saņem vērtējumu. Ja ir nianses, pieraksti. Individuāli izskatīsim, pārdomāsim un sniegsim atbildi. Tā kā esam tiešais mežizstrādes un mežu apsaimniekošanas uzņēmums…

Turnover · 2025

3.3 M €

-4% vs previous year

Employees

Turnover per employee: 192 k €

Taxes paid · 2024

58 k €

Payroll fund / employees: 23 k €

Payroll fund · 2024 estimate

392 k €

Wage estimate, gross: 1,923 €

Tax breakdown · 2026 Q3

Total paid to VID 49 k €

Personal income tax 38 k €

Social contributions 52 k €

VAT paid · after deductions 0 €

VAT refunded by the state 41 k €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	49 k €	38 k €	52 k €	0 €	41 k €
2026 Q2	11 k €	60 k €	62 k €	140 €	111 k €
2026 Q1	45 k €	53 k €	42 k €	60 €	49 k €
2025 Q4	48 k €	33 k €	28 k €	0 €	13 k €
2024	58 k €	142 k €	134 k €	—	—
2023	24 k €	80 k €	73 k €	—	—
2022	20 k €	90 k €	63 k €	—	—

Financial health · From the 2025 balance sheet

Net profit135 k €

Total assets3.5 M €

Equity2.6 M €

Current ratio2.4

Quick ratio1.7

Debt to equity0.3

Equity ratio74.4%

Return on assets3.8%

Return on equity5.1%

Cross-section against the peer median

Compared with companies under NACE code 02.10 — 24.

Turnover

×1.3

3.3 M € 2.5 M €

Employees

×2.1

17 8

Taxes paid

×3.7

49 k € 13 k €

Payroll

×3.2

392 k € 123 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 63% of peers

Employees

above 83% of peers

This company Peer median · 24

Indicators

Turnover per employee 192 k € ×0.6 of the median

Margin 4.1%

Year on year -4%

Payroll fund estimate 392 k €

Registration number 45403045982

Registered address Aizkraukles nov., Kokneses pag., "Atradzes

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.

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Public contracts

Contracts awarded by public buyers, from the Procurement Monitoring Bureau. Published facts, not estimates.

All time

9 k €

won jointly: 1

Contracts

Latest contract: 2026-08-12

Largest buyer

Aizkraukles novada pašvaldība

Latest contracts

Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	3.3 M €	135 k €	3.5 M €	17
2024	3.4 M €	262 k €	3.4 M €	17
2023	2.0 M €	53 k €	3.3 M €	13
2022	3.0 M €	1.0 M €	3.0 M €	10
2021	1.8 M €	271 k €	1.7 M €	8
2020	933 k €	-108153 €	1.1 M €	6

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 02 — Forestry and logging — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

173.5 M €

Industry goods imports

19.3 M €

Goods exports to turnover estimate

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

Exported most: Wood and articles of wood — 167.1 M €, Vegetable products — 4.4 M €, Miscellaneous manufactured articles — 1.3 M €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.