Timber Art SIA is a company based in Latvia, with its head office in Madonas municipality. The enterprise currently operates in the Millwork sector. It was first established on March 15, 2019. The total number of employees is currently 15 (2023). From the latest financial highlights, Timber Art SIA reported a net sales revenue drop of 6.29% in 2024. Its’ total assets recorded a negative growth of 0.96%. The enterprise’s net profit margin increased by 3.63% in 2024.

Headquarters
Berzaunes pag., Sauleskalns, Aronas iela 7 - 13
Madonas municipality; Madonas municipality; Postal Code: 4853

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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:

March 15, 2019

Key Executives

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Member of Management Board

Ownership Details

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100%

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

-6.29%▼

Total operating revenue

-9.76%▼

Operating profit (EBIT)

47.95%▲

EBITDA

47.95%▲

Net Profit (Loss) for the Period

48.07%▲

Total Assets

-0.96%▼

Total Equity

-375.16%▼

Operating Profit Margin (ROS)

3.59%▲

Net Profit Margin

3.63%▲

Return on Equity (ROE)

-643.44%▼

Quick Ratio

0.04%▲

Cash Ratio

-0.1%▼

Timber Art SIA (Latvia)