In 2025, Sabiedrība ar ierobežotu atbildību "AB Timber Group" had revenue of 1.1 million EUR and profit of 1 thousand EUR. The company has 10 employees. Beneficial owners: Arturs Burņins, Eduards Burņins, Olga Burņina.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 1,1m € -27.2% | 1,5m € -3.0% | 1,5m € -15.8% |
Profit | 1k € -89.8% | 9,8k € +46.7% | 6,7k € -88.5% |
Assets | 435,6k € -32.0% | 640,2k € +42.1% | 450,7k € -23.6% |
Liabilities | 222,7k € -41.6% | 381,1k € +89.3% | 201,3k € -42.0% |
Equity | 212,9k € -17.8% | 259,1k € +3.9% | 249,3k € +2.8% |
Employees | 9 -10.0% | 10 +0.0% | 10 -16.7% |
Overall rating | B+84/100 |
Financial health | 85/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 35/100 |
| 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 "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
| Sabiedrība ar ierobežotu atbildību "MEŽS AB" | 16 June 2010 |
Sabiedrība ar ierobežotu atbildību "AB Timber Group" is located at Rīga, Daugavgrīvas iela 81, LV-1007.
In 2025, Sabiedrība ar ierobežotu atbildību "AB Timber Group" had revenue of 1 080 536 EUR and profit of 1003 EUR. Compared to previous year, revenue decreased by 27.2%. View full financial report →
In 2024, Sabiedrība ar ierobežotu atbildību "AB Timber Group" had an average of 10 employees. View tax history →
The beneficial owners of Sabiedrība ar ierobežotu atbildību "AB Timber Group" are Arturs Burņins, Eduards Burņins and Olga Burņina. View ownership details →
Yes, Sabiedrība ar ierobežotu atbildību "AB Timber Group" is registered as an active VAT payer with VAT number LV40003449898.
In 2024, the average gross salary at Sabiedrība ar ierobežotu atbildību "AB Timber Group" was approximately 709,15 € per month (net ~ 602,89 €). This is an approximate calculation. View salary details →
Sabiedrība ar ierobežotu atbildību "AB Timber Group" was founded on June 21, 1999. The company has been operating for 27 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 27 years | - | 0% | |
Net revenue | 1 080 536,00 € | - | 0% | |
Profit | 1003,00 € | - | 0% | |
Equity | 212 928,00 € | - | 0% | |
Assets | 435 605,00 € | - | 0% | |
Fixed assets | 7184,00 € | - | 0% | |
Liquidity | 2.48 | - | 75% | |
Profitability | 0.1% | - | 10% | |
Registered capital | 14 220,00 € | - | 0% |
Annual financial report for 2025.
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.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Olga Burņina | 6 | 30.00% | ||
| Arturs Burņins | 7 | 35.00% | ||
| Eduards Burņins | 7 | 35.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Arturs Burņins | LV | ||
| Eduards Burņins | LV | ||
| Olga Burņina | LV |