Rīgas rajona Stopiņu pagasta Normunda Šulta zemnieku saimniecība "KULPI"Active

40001010716FarmFounded 1998

Key figures

181 208 €-2,6%

Revenue 2025

+0,8%

Average annual growth 2010–2025

Ratios

2025

-13,3%

Profit margin

75,4%

Equity ratio

3,2×

Current ratio

-17,2%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	93 270	64 570	69 536	62 612	99 794	101 330	103 028	110 563	122 978	123 078	156 248	154 811	156 346	159 983	160 878	147 850
Total non-current assets	24 828	34 979	34 648	31 808	44 358	43 679	43 222	43 768	61 426	77 407	48 970	80 268	65 209	60 014	49 528	37 867
Total assets	118 098	99 549	104 184	94 420	144 152	145 009	146 250	154 331	184 404	200 485	205 218	235 079	221 555	219 997	210 406	185 717
Balance sheet — liabilities and equity
Current liabilities	45 494	66 380	52 044	47 044	83 810	83 311	71 084	64 663	68 020	88 873	85 738	66 113	47 045	46 557	46 253	45 695
Non-current liabilities	0	0	3803	1641	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	45 494	66 380	55 847	48 685	83 810	83 311	71 084	64 663	68 020	88 873	85 738	66 113	47 045	46 557	46 253	45 695
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	924	-39 435	15 168	-2602	-4732	1356	13 466	14 503	26 716	-4772	7868	49 486	5544	-1070	-9288	-24 131
Total equity	72 604	33 169	48 337	45 735	60 342	61 698	75 166	89 668	116 384	111 612	119 480	168 966	174 510	173 440	164 153	140 022
Income statement
Sales revenue	161 881	141 336	129 471	119 687	196 097	248 285	248 441	248 962	273 596	284 832	305 583	339 000	247 064	220 205	186 038	181 208
Operating profit	1438	-38 763	15 999	-2602	-4732	1356	13 466	15 045	26 716	-4772	7868	49 486	5544	-1070	-9288	-24 131
Profit before income tax	1443	-38 763	15 999	-2602	-4732	1356	13 466	15 045	26 716	-4772	7868	49 486	5544	-1070	-9288	-24 131
Profit for the reporting year	924	-39 435	15 168	-2602	-4732	1356	13 466	14 503	26 716	-4772	7868	49 486	5544	-1070	-9288	-24 131
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	10	8	9	10	10	8	8	7	8	8	5	4	4	4	5	4
Calculated dividend	—	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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Summary: Rīgas rajona Stopiņu pagasta Normunda Šulta zemnieku saimniecība "KULPI"

Overview

Rīgas rajona Stopiņu pagasta Normunda Šulta zemnieku saimniecība "KULPI" (reg. no. 40001010716) is a farm. The company was registered in 1998 and has been in the register for 28 years. Registered address: Ropažu nov., Stopiņu pag., Līči, Mežakmeņu iela 41.

Financial results

Revenue in 2025 was 181 208 €, down 2,6% on the previous year (186 038 €). From 2010 to 2025, revenue grew by an average of 0,8% per year. 2025 ended with a loss of 24 131 €. The company was profitable in 9 of the 16 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 45 302 €. At the end of 2025, total assets were 185 717 € and equity 140 022 € (75,4% of assets).

Data sources and freshness

Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.