In 2024, "Rettenmeier Baltic Timber" SIA had revenue of 61.5 million EUR and profit of 549.3 thousand EUR. The company has 233 employees. Beneficial owners: Andreas Cordes, Christian Cordes.
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 61,5m € -7.6% | 66,5m € -26.5% | 90,5m € +12.7% |
Profit | 549,3k € +117.4% | -3,2m € -124.9% | 12,7m € -35.2% |
Assets | 171,5m € +35.7% | 126,4m € +58.3% | 79,9m € +48.5% |
Liabilities | 115,5m € +62.8% | 70,9m € +233.9% | 21,2m € +170.8% |
Equity | 56m € +1.0% | 55,5m € -5.4% | 58,6m € +27.6% |
Employees | 237 +0.4% | 236 -3.3% | 244 -7.2% |
Overall rating | A88/100 |
Financial health | 85/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 60/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
| Name | Changed |
|---|---|
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
| Sabiedrība ar ierobežotu atbildību "MEREX" | 19 July 2004 |
"Rettenmeier Baltic Timber" SIA is located at Siguldas nov., Inčukalna pag., Inčukalns, Plānupes iela 26, LV-2141.
In 2024, "Rettenmeier Baltic Timber" SIA had revenue of 61 453 056 EUR and profit of 549 319 EUR. Compared to previous year, revenue decreased by 7.6%. View full financial report →
In 2024, "Rettenmeier Baltic Timber" SIA had an average of 233 employees. View tax history →
The beneficial owners of "Rettenmeier Baltic Timber" SIA are Andreas Cordes and Christian Cordes. View ownership details →
Yes, "Rettenmeier Baltic Timber" SIA is registered as an active VAT payer with VAT number LV40003240191.
In 2024, the average gross salary at "Rettenmeier Baltic Timber" SIA was approximately 1799,31 € per month (net ~ 1329,78 €). This is an approximate calculation. View salary details →
"Rettenmeier Baltic Timber" SIA was founded on December 29, 1994. The company has been operating for 32 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 32 years | 29 - 33 | 89% | |
Net revenue | 61 453 056,00 € | 6 - 10 | 97% | |
Profit | 549 319,00 € | 10 - 14 | 96% | |
Equity | 56 022 437,00 € | 4 - 8 | 98% | |
Assets | 171 502 935,00 € | 1 - 3 | 100% | |
Fixed assets | 155 346 938,00 € | - | 90% | |
Investments | 2 591 984,00 € | - | 90% | |
Liquidity | 0.56 | - | 10% | |
Profitability | 0.9% | - | 10% | |
Registered capital | 8 000 000,00 € | - | 90% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Annual financial report for 2019.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights |
|---|---|---|
| Rettenmeier Holding AG | 10 000 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Andreas Cordes | DE | - | |
| Christian Cordes | DE | - |