In 2025, SIA VT Timber had revenue of 3.5 million EUR and profit of 74.4 thousand EUR. The company has 10 employees. Beneficial owners: Didzis Eglītis, Sandis Simsons.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 3,5m € -15.4% | 4,1m € +38.7% | 2,9m € -7.6% |
Profit | 74,4k € -20.6% | 93,7k € +17.3% | 79,8k € -63.3% |
Assets | 1,8m € +16.9% | 1,5m € +129.0% | 663k € +96.8% |
Liabilities | 1,3m € +16.1% | 1,1m € +204.9% | 371,8k € +219.7% |
Equity | 459,3k € +19.3% | 384,9k € +32.2% | 291,2k € +32.0% |
Employees | 6 -40.0% | 10 +42.9% | 7 +16.7% |
Overall rating | B+84/100 |
Financial health | 100/100 |
Credit history | 80/100 |
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 | ||||
| Board member | Independently |
SIA VT Timber is located at Rīga, Čuibes iela 6, LV-1063.
In 2025, SIA VT Timber had revenue of 3 460 664 EUR and profit of 74 387 EUR. Compared to previous year, revenue decreased by 15.4%. View full financial report →
In 2024, SIA VT Timber had an average of 10 employees. View tax history →
The beneficial owners of SIA VT Timber are Didzis Eglītis and Sandis Simsons. View ownership details →
Yes, SIA VT Timber is registered as an active VAT payer with VAT number LV40203360435.
In 2024, the average gross salary at SIA VT Timber was approximately 1562,53 € per month (net ~ 1171,91 €). This is an approximate calculation. View salary details →
SIA VT Timber was founded on November 15, 2021. The company has been operating for 5 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 5 years | - | 0% | |
Net revenue | 3 460 664,00 € | - | 0% | |
Profit | 74 387,00 € | - | 0% | |
Equity | 459 252,00 € | - | 0% | |
Assets | 1 775 313,00 € | - | 0% | |
Fixed assets | 236 604,00 € | - | 0% | |
Liquidity | 1.18 | - | 40% | |
Profitability | 2.1% | - | 10% | |
Registered capital | 2800,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Didzis Eglītis | 1400 | 50.00% | ||
| Sandis Simsons | 1400 | 50.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Didzis Eglītis | LV | ||
| Sandis Simsons | LV |