In 2025, SIA "Timber certification group" had revenue of 60.4 thousand EUR and profit of 5.6 thousand EUR. The company has 1 employees. Beneficial owners: Raitis Latvelis.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2025 | 60 433 € -9.0% | 5586 € -34.7% | 35 074 € -15.7% | 19 459 € | 15 615 € | 1 +0.0% |
| 2024 | 66 432 € -14.4% | 8558 € -73.8% | 41 616 € -9.9% | 24 741 € | 16 875 € | 1 +0.0% |
| 2023 | 77 596 € +46.7% | 32 615 € +1772.3% | 46 173 € +94.5% | 11 764 € | 34 409 € | 1 +0.0% |
| 2022 | 52 902 € +104.3% | 1742 € -75.0% | 23 737 € +122.3% | 14 970 € | 8767 € | 1 +0.0% |
Overall Rating | A+92/100 |
Financial Health | 100/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 50/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Member | Independently |
SIA "Timber certification group" is located at Ogres nov., Ogresgala pag., Ciemupe, Uzvaras iela 5.
In 2025, SIA "Timber certification group" had revenue of 60 433 EUR and profit of 5586 EUR. Compared to previous year, revenue decreased by 9.0%. View full financial report →
In 2024, SIA "Timber certification group" had an average of 1 employees. View tax history →
The beneficial owners of SIA "Timber certification group" are Raitis Latvelis. View ownership details →
Yes, SIA "Timber certification group" is registered as an active VAT payer with VAT number LV40203318283.
In 2024, the average gross salary at SIA "Timber certification group" was approximately 1566,93 € per month (net ~ 1174,84 €). This is an approximate calculation. View salary details →
SIA "Timber certification group" was founded on May 17, 2021. The company has been operating for 5 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 5 years | - | 0% | |
Net Revenue | 60 433,00 € | - | 0% | |
Profit | 5586,00 € | - | 0% | |
Equity | 15 615,00 € | - | 0% | |
Assets | 35 074,00 € | - | 0% | |
Fixed Assets | 20 179,00 € | - | 0% | |
Liquidity | 4.59 | - | 90% | |
Profitability | 9.2% | - | 10% | |
Registered Capital | 50,00 € | - | 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.
Registered in the Latvian Company Register.
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| Latvelis Raitis | 50 | 100.00% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Raitis Latvelis | - | - |