Akciju sabiedrība "Latvijas Gāze"Active

40003000642Joint-stock companyFounded 1991

Key figures

70 722 000 €-22,3%

Revenue 2025

-9,2%

Average annual change 2009–2025

Ratios

2025

2,3%

EBITDA margin

0,7%

Profit margin

75,9%

Equity ratio

2,7×

Current ratio

0,4%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

from the report

2025

Dividends paid 9 841 000 € (7% of equity at the end of the previous year).

History

20259 841 000 €

20240 €

2023109 262 000 €

202212 600 000 €

202110 773 000 €

202017 556 000 €

201921 945 000 €

201823 142 000 €

2017107 331 000 €

201630 324 000 €

201528 728 000 €

201428 728 000 €

201319 950 000 €

201223 940 000 €

201119 950 000 €

201015 960 000 €

200915 162 000 €

Summary of financial statements2009–2025

	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	143 951 806	110 628 605	144 672 230	176 164 413	210 362 260	184 057 575	190 275 000	554 249 000	149 883 000	167 344 000	143 035 000	136 353 000	383 211 000	415 308 000	157 414 000	169 713 000	107 485 000
Total non-current assets	317 542 685	319 222 067	319 104 262	406 628 991	399 830 644	563 912 491	559 740 000	239 709 000	196 686 000	245 135 000	321 203 000	319 196 000	317 190 000	6 729 000	6 313 000	5 797 000	59 673 000
Total assets	461 494 491	429 850 672	463 776 492	582 793 404	610 192 904	747 970 066	750 015 000	793 958 000	346 569 000	412 479 000	464 238 000	455 549 000	700 401 000	422 037 000	163 727 000	175 510 000	167 158 000
Balance sheet — liabilities and equity
Current liabilities	84 494 209	44 006 037	67 180 675	90 817 570	118 411 230	50 318 440	53 033 000	147 243 000	40 040 000	52 035 000	34 377 000	36 222 000	314 805 000	109 879 000	38 564 000	36 872 000	40 246 000
Non-current liabilities	47 940 152	46 884 161	51 059 053	65 181 216	63 971 534	87 470 167	85 579 000	43 618 000	0	47 825 000	44 393 000	40 485 000	14 094 000	0	0	251 000	0
Total liabilities	132 434 361	90 890 198	118 239 728	155 998 786	182 382 764	137 788 607	138 612 000	190 861 000	40 040 000	99 860 000	78 770 000	76 707 000	328 899 000	109 879 000	38 564 000	37 123 000	40 246 000
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	19 966 697	26 466 382	27 175 200	22 941 560	22 595 513	32 026 847	33 312 000	40 388 000	24 217 000	25 185 000	20 190 000	11 189 000	3 240 000	24 073 000	-56 911 000	13 234 000	494 000
Total equity	329 060 130	338 960 474	345 536 764	426 794 618	427 810 140	610 181 459	611 403 000	599 366 000	306 250 000	310 355 000	383 711 000	375 837 000	369 302 000	312 119 000	125 087 000	138 307 000	126 912 000
Income statement
Sales revenue	329 705 288	353 345 051	353 338 171	427 412 773	403 383 501	503 075 833	444 686 000	343 792 000	281 571 000	344 902 000	314 349 000	190 494 000	583 342 000	689 752 000	159 819 000	91 068 000	70 722 000
Operating profit	22 228 294	31 330 522	31 085 684	23 836 225	25 325 182	36 606 426	37 496 000	38 851 000	12 763 000	25 882 000	22 857 000	12 943 000	-185 229 000	-31 431 000	-27 864 000	10 240 000	436 000
EBITDA	—	—	—	—	—	—	71 252 000	51 339 000	13 287 000	37 427 000	35 627 000	26 462 000	-171 571 000	-30 119 000	-26 698 000	11 499 000	1 650 000
Profit before income tax	23 978 387	31 327 886	31 431 923	27 243 369	27 237 634	38 385 141	37 586 000	47 101 000	20 807 000	25 185 000	22 458 000	12 683 000	3 664 000	40 252 000	-26 394 000	13 305 000	2 756 000
Profit for the reporting year	19 966 697	26 466 382	27 175 200	22 941 560	22 595 513	32 026 847	33 312 000	40 388 000	24 217 000	25 185 000	20 190 000	11 189 000	3 240 000	24 073 000	-56 911 000	13 234 000	494 000
Labour costs	—	—	—	—	—	—	29 215 000	20 047 000	4 060 000	25 377 000	25 852 000	26 331 000	28 956 000	6 458 000	5 837 000	5 916 000	4 761 000
Depreciation of non-current assets	—	—	—	—	—	—	33 756 000	12 488 000	524 000	11 545 000	12 770 000	13 519 000	13 658 000	1 312 000	1 166 000	1 259 000	1 214 000
Other indicators
Employees	1342	1279	1284	1287	1281	1272	1264	1271	966	996	988	997	1011	1020	119	115	98
Calculated dividend	15 162 000	15 960 000	19 950 000	23 940 000	19 950 000	28 728 000	28 728 000	30 324 000	107 331 000	23 142 000	21 945 000	17 556 000	10 773 000	12 600 000	109 262 000	0	9 841 000

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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Related companies

Companies in which this company is a member

SIA "LG Capital" — 100%

Shared members or board members

SIA "Energy Investments" — 2 shared people
SIA "LG Capital" — 2 shared people
"LATVIJAS HOKEJA FEDERĀCIJA"
AK Capital Invest, SIA
LYNZ Energy, SIA
Mednieku biedrība "Gravas"
Mednieku klubs "3A"
Mednieku klubs "SMILGAS"
Sabiedrība ar ierobežotu atbildību "Aploki"

Same registered address

Summary: Akciju sabiedrība "Latvijas Gāze"

Overview

Akciju sabiedrība "Latvijas Gāze" (reg. no. 40003000642) is a joint-stock company. The company was registered in 1991 and has been in the register for 35 years. Registered address: Rīga, Aristida Briāna iela 6.

Financial results

Revenue in 2025 was 70 722 000 €, down 22,3% on the previous year (91 068 000 €). From 2009 to 2025, revenue declined by an average of 9,2% per year. This is the company's lowest revenue among the published years (2009–2025). Net profit for 2025 was 494 000 € (0,7% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 98 employees (115 a year earlier). Revenue per employee was 721 653 €. At the end of 2025, total assets were 167 158 000 € and equity 126 912 000 € (75,9% of assets).

Management and owners

The board has 3 members. The company holds a stake in one other active Latvian company.

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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.