Martniks SIA is based in Latvia, with the head office in Riga. The enterprise currently operates in the Timber Tract Operations sector. The company was established on March 03, 2004. The company’s latest financial report indicates a net sales revenue drop of 53.41% in 2025. Its’ total assets recorded a negative growth of 18.61%. The net profit margin of Martniks SIA increased by 2.08% in 2025.

Headquarters
Varaviksnes gatve 20 - 126
Riga; Riga; Postal Code: 1082

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Basic Information

Registered Capital:

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Financial Auditors:

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Incorporation Date:

March 03, 2004

Key Executives

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Member of Management Board

Ownership Details

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70.27%

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

-53.41%▼

Total Operating Revenue

-54.23%▼

Operating Profit

11.16%▲

Net Profit/Loss for the Period

19.4%▲

Total Assets

-18.61%▼

Total Equity

4.23%▲

Operating Profit Margin

2.1%▲

Net Profit Margin

2.08%▲

Return on Equity (ROE)

0.7%▲

Quick Ratio

9.53%▲

Cash Ratio

8.47%▲

Martniks SIA (Latvia)