In 2025, SIA "Timber-11" had revenue of 180 thousand EUR and profit of 11 thousand EUR. The company has 3 employees. Beneficial owners: Egils Blīgzna.
Warning
Employee average salary is at or below minimum wage
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 180k € +16.2% | 155k € -27.5% | 213,8k € +7.7% |
Profit | 11k € +980.6% | 1k € -93.5% | 15,6k € +693.3% |
Assets | 134,3k € +12.2% | 119,7k € +0.1% | 119,6k € +10.6% |
Liabilities | 49,1k € +8.0% | 45,4k € -2.0% | 46,3k € -8.1% |
Equity | 85,3k € +14.7% | 74,3k € +1.4% | 73,3k € +27.0% |
Employees | 3 +0.0% | 3 +0.0% | 3 -25.0% |
Overall rating | A89/100 |
Financial health | 95/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 75/100 |
| 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 |
SIA "Timber-11" is located at Kuldīgas nov., Rudbāržu pag., "Līči", LV-3325.
In 2025, SIA "Timber-11" had revenue of 179 994 EUR and profit of 10 957 EUR. Compared to previous year, revenue increased by 16.2%. View full financial report →
In 2024, SIA "Timber-11" had an average of 3 employees. View tax history →
The beneficial owners of SIA "Timber-11" are Egils Blīgzna. View ownership details →
Yes, SIA "Timber-11" is registered as an active VAT payer with VAT number LV42103052259.
In 2024, the average gross salary at SIA "Timber-11" was approximately 525,57 € per month (net ~ 470,38 €). This is an approximate calculation. View salary details →
SIA "Timber-11" was founded on October 21, 2010. The company has been operating for 16 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 16 years | - | 0% | |
Net revenue | 179 994,00 € | - | 0% | |
Profit | 10 957,00 € | - | 0% | |
Equity | 85 252,00 € | - | 0% | |
Assets | 134 330,00 € | - | 0% | |
Fixed assets | 37 059,00 € | - | 0% | |
Liquidity | 1.98 | - | 60% | |
Profitability | 6.1% | - | 10% | |
Registered capital | 3000,00 € | - | 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 | |
|---|---|---|---|---|
| Egils Blīgzna | 3000 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Egils Blīgzna | LV |