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Cross Timber Systems SIA (Latvia)

Main Activities: Softwood Veneer and Plywood Manufacturing
Secondary Activities: Millwork
Full name: Cross Timber Systems SIA Profile Updated: December 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Cross Timber Systems SIA is based in Latvia, with the head office in Jelgava. The enterprise operates in the Softwood Veneer and Plywood Manufacturing industry. Cross Timber Systems SIA was incorporated on February 27, 2012. It currently has a total number of 54 (2023) employees. In 2024, the company reported a net sales revenue drop of 28.92%. Its’ total assets recorded a growth of 6.27%. Cross Timber Systems SIA’s net profit margin decreased by 5.55% in 2024.

Headquarters
Aviacijas iela 18
Jelgava; Jelgavas municipality; Postal Code: 3004

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 27, 2012
Key Executives
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Member of Management Board
Ownership Details
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67.04%
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10.62%
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10.47%
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10.4%
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1.48%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-28.92%
Total operating revenue
-28.53%
Operating profit (EBIT)
-261.31%
EBITDA
-261.31%
Net Profit (Loss) for the Period
-151.61%
Total Assets
6.27%
Total Equity
-38.36%
Operating Profit Margin (ROS)
-4.13%
Net Profit Margin
-5.55%
Return on Equity (ROE)
-52.33%
Quick Ratio
0.05%

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