In 2025, SIA "Forestar" had revenue of 111.1 thousand EUR and profit of 7.7 thousand EUR. The company has 6 employees. Beneficial owners: Mihails Spasjuks.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 111,1k € +34.9% | 82,4k € -34.2% | 125,2k € +21.8% |
Profit | 7,7k € +130.2% | -25,4k € -428.3% | 7,7k € -46.4% |
Assets | 41,3k € +27.5% | 32,4k € -38.6% | 52,8k € +7.1% |
Liabilities | 7,4k € +19.7% | 6,1k € +459.6% | 1,1k € -79.5% |
Equity | 33,9k € +29.3% | 26,2k € -49.2% | 51,7k € +17.6% |
Employees | 6 +0.0% | 6 +20.0% | 5 +0.0% |
Overall rating | A+92/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 85/100 |
| 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 "Forestar" is located at Valkas nov., Valka, Smilšu iela 11A, LV-4701.
In 2025, SIA "Forestar" had revenue of 111 110 EUR and profit of 7685 EUR. Compared to previous year, revenue increased by 34.9%. View full financial report →
In 2024, SIA "Forestar" had an average of 6 employees. View tax history →
The beneficial owners of SIA "Forestar" are Mihails Spasjuks. View ownership details →
Yes, SIA "Forestar" is registered as an active VAT payer with VAT number LV44103063710.
In 2024, the average gross salary at SIA "Forestar" was approximately 711,35 € per month (net ~ 604,36 €). This is an approximate calculation. View salary details →
SIA "Forestar" was founded on January 3, 2011. The company has been operating for 15 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 15 years | - | 0% | |
Net revenue | 111 110,00 € | - | 0% | |
Profit | 7685,00 € | - | 0% | |
Equity | 33 927,00 € | - | 0% | |
Assets | 41 280,00 € | - | 0% | |
Fixed assets | 20 108,00 € | - | 0% | |
Liquidity | 2.88 | - | 75% | |
Profitability | 6.9% | - | 10% | |
Registered capital | 2846,00 € | - | 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 | |
|---|---|---|---|---|
| Mihails Spasjuks | 200 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Mihails Spasjuks | LV |