In 2024, Bitus Latvia SIA had revenue of 69.1 million EUR and profit of 2.5 million EUR. The company has 431 employees. Beneficial owners: Jon Helgi Gudmundsson.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 69 119 360 € -4.9% | 2 482 195 € +230.2% | 55 911 297 € +3.0% | 25 084 560 € | 30 582 602 € | 431 -5.3% |
| 2023 | 72 658 104 € -23.6% | -1 905 726 € -153.2% | 54 306 022 € -8.2% | 25 980 101 € | 28 100 407 € | 455 -12.2% |
| 2022 | 95 057 430 € -22.6% | -752 661 € -104.8% | 59 185 253 € -6.1% | 28 908 238 € | 30 006 133 € | 518 -9.1% |
| 2021 | 122 879 780 € +48.6% | 15 586 063 € +184.0% | 63 055 498 € +38.7% | 32 045 797 € | 30 758 794 € | 570 +8.6% |
Overall Rating | A+90/100 |
Financial Health | 95/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 50/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Member | Together with at least | |||
| Board Chairman | Independently | |||
| Board Member | Together with at least | |||
| Board Member | Together with at least | |||
| Board Member | Together with at least | |||
| Board Member | Together with at least |
| Name | Changed |
|---|---|
| Sabiedrība ar ierobežotu atbildību "BIKO-LAT" | 17 December 2013 |
| Islandes sabiedrības ar ierobežotu atbildību filiāle "BIKO-LAT" | 6 August 1999 |
| BYKO-LAT SIA | 29 August 2023 |
Bitus Latvia SIA is located at Rīga, Lāčplēša iela 75 - 5/6.
In 2024, Bitus Latvia SIA had revenue of 69 119 360 EUR and profit of 2 482 195 EUR. Compared to previous year, revenue decreased by 4.9%. View full financial report →
In 2024, Bitus Latvia SIA had an average of 431 employees. View tax history →
The beneficial owners of Bitus Latvia SIA are Jon Helgi Gudmundsson. View ownership details →
Yes, Bitus Latvia SIA is registered as an active VAT payer with VAT number LV40003139859.
In 2024, the average gross salary at Bitus Latvia SIA was approximately 1900,60 € per month (net ~ 1397,32 €). This is an approximate calculation. View salary details →
Bitus Latvia SIA was founded on July 28, 1993. The company has been operating for 33 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 33 years | - | 0% | |
Net Revenue | 69 119 360,00 € | - | 0% | |
Profit | 2 482 195,00 € | - | 0% | |
Equity | 30 582 602,00 € | - | 0% | |
Assets | 55 911 297,00 € | - | 0% | |
Fixed Assets | 20 606 361,00 € | - | 0% | |
Liquidity | 7.18 | - | 90% | |
Profitability | 3.6% | - | 10% | |
Registered Capital | 48 151,00 € | - | 0% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Annual financial report for 2019.
Annual financial report for 2018.
Annual financial report for 2017.
Registered in the Latvian Company Register.
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| Bergs Timber AB (publ) | 1 | 100.00% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Jon Helgi Gudmundsson | - | - |