Company · 02.20 · Forestry and logging

SIA SaltuS

Address confidence: Confirmed

Show on the map Find website Sector: Agriculture and forestry

Turnover · 2022

3.0 M €

+72% vs previous year

Employees

Turnover per employee: 174 k €

Taxes paid · 2022

18 k €

Payroll fund / employees: -41 €

Payroll fund · 2022 estimate

-704 €

Wage estimate, gross: -59 €

Financial health · From the 2022 balance sheet

Net profit41 k €

Total assets1.8 M €

Equity326 k €

Current ratio0.6

Quick ratio0.1

Debt to equity4.4

Equity ratio18.5%

Return on assets2.3%

Return on equity12.5%

Cross-section against the peer median

Compared with companies under NACE code 02.20 — 24.

Turnover

÷1.0

3.0 M € 3.0 M €

Employees

×1.2

17 15

Taxes paid

÷10

0 € 11 k €

Payroll

÷10

-704 € 207 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 50% of peers

Employees

above 63% of peers

This company Peer median · 24

Indicators

Turnover per employee 174 k € ×0.9 of the median

Margin 1.4%

Year on year +72%

Payroll fund estimate -704 €

Registration number 50103492051

Registered address Rīga, Elizabetes iela 63 - 2

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

SERVISS BETTA

Tukuma nov. · 2.9 M €

JUMIS EKO

Valmiera · 2.9 M €

AM FOREST

Kuldīga · 3.0 M €

ZUSA

Saldus nov. · 3.0 M €

Meža Bites

Cēsu nov. · 3.0 M €

IGA Wood

Jelgavas nov. · 3.1 M €

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
2022	3.0 M €	41 k €	1.8 M €	17
2021	1.7 M €	49 k €	1.2 M €	13
2020	1.3 M €	74 k €	673 k €	11
2019	1.2 M €	107 k €	398 k €	5
2018	1.2 M €	51 k €	175 k €	1
2017	291 k €	19 k €	143 k €	2

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.