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Indares SIA (Latvia)

Main Activities: Timber Tract Operations
Full name: Indares SIA Profile Updated: February 25, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Indares SIA provides forestry transaction and field-services support in Latvia, focused on the acquisition of forest properties, forest land, and cutting rights (logging areas). The company organizes fast site inspection and valuation, structures the selling process with clear contracting and secure settlement, and supports owners looking to monetize forest assets through a managed end-to-end process. Indares also offers logging and harvesting-related services as part of a full-cycle forestry execution capability, including mechanized harvesting/forwarding and timber transport support, serving forest owners across Latvias regions.

Headquarters
Kalna iela 3
Aknīste; Jekabpils municipality; Postal Code: 5208

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Website: https://indares.lv/

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 17, 1997
Key Executives
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Chairman of the Supervisory Board
Ownership Details
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76%
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24%
Company Performance
Financial values in the chart are available after Indares SIA report is purchased.
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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
6.96%
Total operating revenue
6.26%
Operating Profit/Loss (EBIT)
-0.38%
EBITDA
-0.38%
Net Profit/Loss for the Period
-11.85%
Total Assets
9.96%
Total Equity
3.64%
Operating Profit Margin (ROS)
-0.19%
Net Profit Margin
-0.36%
Return on Equity (ROE)
-0.89%
Quick Ratio
-0.35%
Cash Ratio
-0.09%

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