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Scandic Forest SIA (Latvia)

Main Activities: Timber Tract Operations
Full name: Scandic Forest 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

Scandic Forest SIA is an enterprise based in Latvia. Its main office is in Aizkraukles municipality. The company operates in the Timber Tract Operations industry. It was established on July 12, 2016. There are currently 13 (2023) people employed by Scandic Forest SIA. In 2024, the company reported a net sales revenue increase of 71.91%. There was a total growth of 1.66% in Scandic Forest SIA’s total assets over the same period. The net profit margin of Scandic Forest SIA increased by 5.04% in 2024.

Headquarters
Kokneses pag., Atradzes
Aizkraukles municipality; Aizkraukles municipality; Postal Code: 5113

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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:
July 12, 2016
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
71.91%
Total operating revenue
71.94%
Operating profit (EBIT)
245.71%
EBITDA
245.71%
Net Profit (Loss) for the Period
394.8%
Total Assets
1.66%
Total Equity
11.7%
Operating Profit Margin (ROS)
4.69%
Net Profit Margin
5.04%
Return on Equity (ROE)
8.12%
Quick Ratio
-0.1%
Cash Ratio
-0.3%

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