Akciju sabiedrība "Latvijas valsts meži" - details, contacts

Registry data

Legal status

Registered

Company ID

VAT code

Incorporation date

28/10/1999

Paid share capital

525,989,324.00 EUR

Registered share capital

Activity

Forestry and other forestry activities (02.10 - NACE 2.1)

Contacts

Company registration address

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Website

Latest events

from (18/11/2021)

2026-02-20

Change in officers

2026-02-20

Unidentified type of change

2026-02-18

Change in officers

2026-02-18

Unidentified type of change

See all events

Suspensions

No suspension

Reliability

A - Highest

B - High

C - Average

D - Low

E - Lowest

Number of employees

1,496

Debts

0.00 €

0 €

* during past year

Lawsuits as defendant

Credit limit

***** €

Turnover

above 500 M €

-6.37 %

Business linkages

Linkages with other companies

Related persons

Head of Board

(0)

Beneficiaries: 4

Board

(5)

Historical board members: 161

Shareholder

(1)

Historical shareholders: 1

Beneficiary

(0)

Beneficiaries: 0

Business linkages

Check business linkages of Akciju sabiedrība "Latvijas valsts ...Check business linkages of a natural personCheck business linkages chain between 2 subjects

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Compliance screening

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Order report

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Financial ratios

Net Profit (€)

150,096,098

EBITDA margin (%)

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EBIT margin (%)

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Net Profit (€)

150,096,098

EBITDA margin (%)

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EBIT margin (%)

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Financial statement report

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Indicator
Turnover (€)
Sales per employee (€) Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator.
Profit before tax (€)
Net Profit (€)
Profit per employee (€) This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company.
Total profitability (%) It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue.
Net profitability (%) This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales.
Equity (€)
Amounts Payable And Liabilities (€)
Non-current Assets (€)
Current Assets (€)
Working capital requirement (%) The working capital requirement indicator shows how much funds a company needs to develop and maintain a business.
Debt-to-equity ratio The debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn.
EBITDA margin (%) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.
EBITDA (€) EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest.
EBIT margin (%) EBIT margin shows the profitability of a company over a certain period of time.
EBIT (€) EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit.

2022
566,612,297
394,577
260,305,452
242,192,980
168,658
47.02
42.74
684,959,306
59,515,361
379,175,696
378,252,746

2023
626,018,844
422,986
261,788,952
220,838,099
149,215
41.73
35.28
743,287,324
66,189,037
396,304,822
427,904,651

2024
586,119,570
391,791
185,663,089
150,096,098
100,332
31.85
25.61
752,047,038
66,443,544
421,134,850
411,777,731

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2024
586,119,570
391,791
185,663,089
150,096,098
100,332
31.85
25.61
752,047,038
66,443,544
421,134,850
411,777,731

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with Freemium unlimited

Turnover (€)

2024

Turnover (€)

586,119,570 €-6 % *

Sales per employee (€)

391,791 €-7 % *

Profit before tax (€)

185,663,089 €-29 % *

Net Profit (€)

150,096,098 €-32 % *

Profit per employee (€)

100,332 €-33 % *

Total profitability (%)

31.85 %-23.68 % *

Net profitability (%)

25.61 %-27.41 % *

Equity (€)

752,047,038 €1 % *

Amounts Payable And Liabilities (€)

66,443,544 €0 % *

Non-current Assets (€)

421,134,850 €6 % *

Current Assets (€)

411,777,731 €-4 % *

*over the last year starting selected period

Credit history

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

No. of unpaid debts

Largest debt

VID

Amount of unpaid debts

€0.00

Oldest open debt

Credit report

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Company has debt ?

Unpaid debts

Creditor/Data source	Debt amount	Debt date	Debt type
-	-	-	-

Debts payment history

Creditor/Data source	Debt amount	Debt date	Payment date	Debt type
-	-	-	-	-

Tax debts

Legal proceedings

Defendant

(15)

Number of casesWithin last 2 years

Plaintiff

(16)

Number of casesWithin last 2 years

Cases (Company as defendant)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings
25/05/2026C71341624CA-0113-26	Claimant:Individual person Claimant:Individual person	Reason: Par īpašumtiesību atjaunošanu. Decision: Open	Vidzemes apgabaltiesa	1
12/05/2026C770986225C-02185-26	Claimant:Sabiedrība ar ierobežotu atbildību "LATGALES ENERGOCELTNIEKS" Respondent:Akciju sabiedrība "Latvijas valsts meži"	Reason: par līguma notekumu piemērošanas atzīšanu par prettiesisku, naudas un morālā kaitējuma piedziņu, pagaidu aizsardzības piemērošanu Decision: Open	Rīgas pilsētas tiesa	2
07/04/2026C71341624C-0214-26	Claimant:Individual person Claimant:Individual person	Reason: Par īpašumtiesību atjaunošanu. Decision: Open	Vidzemes rajona tiesa	1
04/03/2026146580001043251A/25/1804	Liable Person:Akciju sabiedrība "Latvijas valsts meži"	Reason: - Decision: Open	Rīgas pilsētas tiesa	2
02/12/2025C770986225C-09862-25	Claimant:Sabiedrība ar ierobežotu atbildību "LATGALES ENERGOCELTNIEKS" Respondent:Akciju sabiedrība "Latvijas valsts meži"	Reason: par līguma notekumu piemērošanas atzīšanu par prettiesisku, naudas un morālā kaitējuma piedziņu, pagaidu aizsardzības piemērošanu Decision: Open	Rīgas pilsētas tiesa	2

Cases (Company as plaintiff)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings
17/03/2026C75014822CA-0685-26	Claimant:Akciju sabiedrība "Latvijas valsts meži" Respondent:Sabiedrība ar ierobežotu atbildību "Amils"	Reason: Prasības pieteikums par zaudējumu atlīdzību, kas izriet no konkurences tiesību pārkāpuma Decision: Open	Rīgas apgabaltiesa	1
10/03/2026C771292725C-04097-26	Claimant:Akciju sabiedrība "Latvijas valsts meži" Respondent:Sabiedrība ar ierobežotu atbildību "Labs Pamats"	Reason: par parāda piedziņu Decision: Open	Rīgas pilsētas tiesa	1
04/03/2026C75015022CA-0687-26	Claimant:Akciju sabiedrība "Latvijas valsts meži" Respondent:Sabiedrība ar ierobežotu atbildību "OGA G"	Reason: Prasības pieteikums par zaudējumu atlīdzību, kas izriet no konkurences tiesību pārkāpuma Decision: Open	Rīgas apgabaltiesa	1
14/01/2026C771292725C-12927-25	Claimant:Akciju sabiedrība "Latvijas valsts meži" Respondent:Sabiedrība ar ierobežotu atbildību "Labs Pamats"	Reason: par parāda piedziņu Decision: Open	Rīgas pilsētas tiesa	1
16/12/2025C75015022SKC-0016-25	Claimant:Akciju sabiedrība "Latvijas valsts meži" Respondent:Sabiedrība ar ierobežotu atbildību "OGA G"	Reason: Prasības pieteikums par zaudējumu atlīdzību, kas izriet no konkurences tiesību pārkāpuma Decision: Open	Augstākās tiesas Senāts	1

Public data

Data source	Information	Additional data
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022	Total amount: 26,410,260
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021	Total amount: 26,657,060
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020	Total amount: 79,822,920
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019	Total amount: 86,162,950
	Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018	Total amount: 51,415,950

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Frequently Asked Questions

What is the current status of Akciju sabiedrība "Latvijas valsts meži"?

Akciju sabiedrība "Latvijas valsts meži" is currently Registered. It was registered on 28/10/1999.

What is Akciju sabiedrība "Latvijas valsts meži" registered address?

Akciju sabiedrība "Latvijas valsts meži" registered address is Vaiņodes iela 1, Rīga, LV-1004.

What is Akciju sabiedrība "Latvijas valsts meži" activity?

Akciju sabiedrība "Latvijas valsts meži" operates in Forestry and other forestry activities (02.10 - NACE 2.1).

How many employees does Akciju sabiedrība "Latvijas valsts meži" have?

Akciju sabiedrība "Latvijas valsts meži" has 1496 employees (2024).

What is the annual turnover of Akciju sabiedrība "Latvijas valsts meži"?

Akciju sabiedrība "Latvijas valsts meži" reported a turnover of 586,119,570 EUR in 2024.

Does Akciju sabiedrība "Latvijas valsts meži" have any current state debt?

Akciju sabiedrība "Latvijas valsts meži" currently has no outstanding state debt.