Company register

AS "STORA ENSO LATVIJA"

AS "STORA ENSO LATVIJA": registration number 44103023309. It is a registered VAT payer, VAT number LV44103023309, registered for VAT since 20/07/2001. Legal address: Smiltenes nov., Launkalnes pag., "Krogzemji", LV-4718. Registered with the Enterprise Register on 01/06/2001. Enterprise Register and State Revenue Service open data from data.gov.lv, as of 24/09/2026.

Company details

Enterprise Register record
Name
AS "STORA ENSO LATVIJA"
Reg. no.
44103023309
VAT no.
LV44103023309
Legal address
Smiltenes nov., Launkalnes pag., "Krogzemji", LV-4718
Legal form
Akciju sabiedrība
Registered
01/06/2001 25 years ago
Activity
1611 • Koku zāģēšana un koksnes ēvelēšana
8 more register fields
SEPA identifier
LV51ZZZ44103023309
Share capital
77037186.80 EUR
VAT registered since
20/07/2001
Term
Indefinite
Former name
AS "STORA ENSO TIMBER", Akciju sabiedrība "LAUNKALNE SAWMILL"
Country
Latvija
Foreign reg. no.
–
Data updated
24/09/2026
This activity falls under the domestic reverse charge

If the transaction is timber or construction work, the recipient pays the VAT rather than the issuer, and the invoice must not carry 21%. It depends on the transaction rather than the company, so check it per invoice.

Turnover and profit

Annual reports

Turnover

2025: 129,420.9 k €

Profit

2025: 6,811.9 k €

Turnover and profit
YearTurnoverProfit
2025129,420,878.006,811,930.00
2024149,666,421.009,559,460.00
2023107,667,634.0011,356,868.00
2022130,261,415.004,280,535.00
2021104,409,615.0023,213,077.00
202062,628,118.003,646,721.00
201957,235,072.003,116,728.00
201863,185,578.003,996,487.00
201750,829,628.003,408,210.00
201651,846,320.003,592,550.00
201553,032,808.003,269,121.00
201461,352,979.003,761,222.00
201349,627,073.002,192,542.00
201246,859,579.001,721,254.00
201156,282,739.002,529,644.00
201049,732,548.002,361,759.00

Turnover and profit are two charts, each on its own scale, so compare a year within a chart, not across them. Point at a year in either chart or the table to highlight it everywhere.

Taxes paid

Published by VID, 2024
Taxes total 1,347.8k €
everything VID received up 63.3% vs 2023
Payroll taxes 3,193.6k €
Social contributions 1,989.8 + PIT 1,203.9 up 21.0% vs 2023
Other taxes -1,845.8k €
refunds larger than payments nothing to compare with
All periods (6)
Taxes paid, k €
YearSocial contributionsPITOther taxesTaxes total, k €
20241,989.81,203.9-1,845.81,347.8
20231,607.91,032.1-1,814.9825.1
20221,767.01,518.7-1,858.61,427.2
20211,862.01,347.2-2,250.7958.5
20201,202.2664.2-1,053.6812.8
20191,071.8577.2-1,188.2460.9

Equity against assets

Assets

2025: 109,454.4 k €

Equity

2025: 97,200.5 k €

Equity against assets
YearAssetsEquity
2025109,454,363.0097,200,460.00
2024112,004,979.0095,425,486.00
2023108,233,641.0095,825,858.00
2022112,262,266.0092,036,015.00
2021117,104,774.0098,752,225.00
202097,548,666.0075,648,923.00
201989,283,365.0071,962,173.00
201884,498,720.0068,890,884.00
201722,068,566.008,736,028.00
201624,082,494.0020,325,631.00
201526,003,605.0022,738,295.00
201432,004,007.0028,469,174.00
201319,760,040.0017,364,848.00
201220,714,691.0015,172,306.00
201118,301,817.0013,451,052.00
201023,465,187.0010,921,408.00

Equity as a share of assets shows how much of the company it owns outright.

Employees

Annual average

2025: 216

Employees
YearEmployees
2025216
2024220
2023222
2022228
2021222
2020190
2019169
2018152
2017158
2016150
2015144
2014130
2013128
2012134
2011144
2010136

Officers and owners

Loading company…

Register checks

12 of 14 clear
Register status
Active
Insolvency proceedings
No
Liquidation
No
Reorganisation
Yes
Economic activity at VID
No
Sanctions lists
No
Ban on business activity
No
Securing measures
No
VAT payer
Yes
VID tax rating A is the highest of five
A
Employees paid below minimum wage
No
VAT group
Not a member
Annual report
Filed for 2025
Turnover trend From the last two filed reports
Down 13.5%

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Open data from the Latvian Enterprise Register and the State Revenue Service via data.gov.lv. Fakts keeps a local copy and refreshes it nightly. This page collects public records and is not a credit rating. Data updated: 24/09/2026