In 2025, SIA "VMS Timber" had revenue of 6.4 million EUR and loss of 608.4 thousand EUR. The company has 115 employees. Beneficial owners: Kristjan Rahu.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 6,4m € -41.8% | 11m € +24.8% | 8,8m € -27.4% |
Profit | -608,4k € +8.1% | -662,1k € +61.8% | -1,7m € -280.2% |
Assets | 5m € -25.6% | 6,7m € -10.9% | 7,5m € +27.6% |
Liabilities | 4,6m € -19.2% | 5,7m € -2.6% | 5,9m € +133.6% |
Equity | 346,5k € -63.7% | 954,9k € -40.9% | 1,6m € -51.7% |
Employees | 68 -38.2% | 110 -13.4% | 127 +10.4% |
Overall rating | B67/100 |
Financial health | 40/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 20/100 |
| Overall risk | Medium |
No risk flags | |
No tax debts | |
Negative profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| - | Board member | Independently | |||
| Board member | Independently | ||||
| - | Board member | Independently |
SIA "VMS Timber" is located at Madonas nov., Sarkaņu pag., "Zāģeri", LV-4870.
In 2025, SIA "VMS Timber" had revenue of 6 421 746 EUR and loss of 608 351 EUR. Compared to previous year, revenue decreased by 41.8%. View full financial report →
In 2024, SIA "VMS Timber" had an average of 115 employees. View tax history →
The beneficial owners of SIA "VMS Timber" are Kristjan Rahu. View ownership details →
Yes, SIA "VMS Timber" is registered as an active VAT payer with VAT number LV45403035414.
In 2024, the average gross salary at SIA "VMS Timber" was approximately 1826,84 € per month (net ~ 1348,14 €). This is an approximate calculation. View salary details →
SIA "VMS Timber" was founded on November 22, 2012. The company has been operating for 14 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 14 years | - | 0% | |
Net revenue | 6 421 746,00 € | - | 0% | |
Profit | -608 351,00 € | - | 0% | |
Equity | 346 499,00 € | - | 0% | |
Assets | 4 954 605,00 € | - | 0% | |
Fixed assets | 3 336 746,00 € | - | 0% | |
Liquidity | 1.00 | - | 25% | |
Profitability | -9.5% | - | 10% | |
Registered capital | 2 005 684,00 € | - | 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 | Shares | Ownership rights |
|---|---|---|
| Thermory AS | 2 005 684 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Kristjan Rahu | EE | - |