Company · 46.13 · Wholesale trade

SIA Baltic Wood Trade

Address confidence: Confirmed

Show on the map Company website Sector: Trade

From the company website
Since 2017, Baltic Wood Trade has been providing a full-service offering, including delivery of products to the address specified by the customer, thereby making it convenient for customers to place orders
Baltic Wood Trade kopš 2017. gada nodrošina pilna servisa pakalpojumu ar produkcijas piegādi līdz klienta norādītajai adresei, līdz ar to padarot ērtu produkcijas pasūtīšanu klientiem

Turnover · 2025

13.3 M €

+23% vs previous year

Employees

Turnover per employee: 664 k €

Taxes paid · 2024

124 k €

Payroll fund / employees: 20 k €

Payroll fund · 2024 estimate

396 k €

Wage estimate, gross: 1,835 €

Tax breakdown · 2026 Q3

Total paid to VID -1680 €

Personal income tax 28 k €

Social contributions 58 k €

VAT paid · after deductions 0 €

VAT refunded by the state 91 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	-1680 €	28 k €	58 k €	0 €	91 k €
2026 Q2	-107610 €	20 k €	44 k €	90 €	195 k €
2026 Q1	-2750 €	16 k €	36 k €	5 k €	67 k €
2025 Q4	-1820 €	17 k €	35 k €	0 €	62 k €
2024	124 k €	70 k €	135 k €	—	—
2023	94 k €	54 k €	99 k €	—	—
2022	-174890 €	23 k €	51 k €	—	—

Financial health · From the 2025 balance sheet

Net profit-570022 €

Total assets4.1 M €

Equity1.7 M €

Current ratio0.4

Quick ratio0.3

Debt to equity1.4

Equity ratio42.1%

Return on assets-13.9%

Return on equity-32.9%

Cross-section against the peer median

Compared with companies under NACE code 46.13 — 24.

Turnover

×2.1

13.3 M € 6.3 M €

Employees

×2.5

20 8

Taxes paid

÷10

-1680 € 8 k €

Payroll

×2.7

396 k € 146 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 88% of peers

Employees

above 88% of peers

This company Peer median · 24

Indicators

Turnover per employee 664 k € ×0.8 of the median

Margin -4.3%

Year on year +23%

Payroll fund estimate 396 k €

Registration number 54103112331

Registered address Cēsu nov., Cēsis, Vaives iela 2A - 44

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

849 k €

won jointly: 13

Contracts

Latest contract: 2026-10-09

Largest buyer

Valsts meža dienests

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	13.3 M €	-570022 €	4.1 M €	20
2024	10.8 M €	-296768 €	3.6 M €	19
2023	11.9 M €	163 k €	3.2 M €	16
2022	23.8 M €	2.7 M €	3.2 M €	5
2021	1.4 M €	1 k €	730 k €	5
2020	6.1 M €	2 k €	1.0 M €	8

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 46 — Wholesale trade — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

7.9 bn €

Industry goods imports

11.1 bn €

Goods exports to turnover estimate

37%

Industry goods exports against the turnover of its companies on this site: two sources, so only the order of magnitude holds. A share this high is why companies in the industry pay little net VAT: exported goods carry no VAT.

Exported most: Machinery and electrical equipment — 1.5 bn €, Vegetable products — 852.9 M €, Chemical products — 846.2 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.