Sabiedrība ar ierobežotu atbildību "FREKO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 233 000 € (20% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2011–2025
| 2011 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 724 537 | 740 029 | 1 041 785 | 1 003 739 | 1 070 946 | 1 125 714 | 974 751 | 1 242 212 | 974 827 | 1 181 969 | 1 213 829 | 1 251 026 | 1 136 910 | 1 108 115 |
| Total non-current assets | 44 036 | 446 061 | 610 924 | 568 330 | 518 258 | 465 585 | 413 487 | 373 328 | 353 060 | 299 479 | 239 977 | 192 031 | 188 711 | 202 141 |
| Total assets | 768 573 | 1 186 090 | 1 652 709 | 1 572 069 | 1 589 204 | 1 591 299 | 1 388 238 | 1 615 540 | 1 327 887 | 1 481 448 | 1 453 806 | 1 443 057 | 1 325 621 | 1 310 256 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 180 676 | 145 818 | 0 | 0 | 46 711 | 43 410 | 188 907 | 1 418 917 | 1 090 630 | 968 835 | 505 717 | 157 904 | 166 571 | 167 567 |
| Non-current liabilities | 0 | 109 036 | 155 433 | 163 087 | 159 963 | 174 361 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 180 676 | 254 854 | 155 433 | 163 087 | 206 674 | 217 771 | 188 907 | 1 418 917 | 1 090 630 | 968 835 | 505 717 | 157 904 | 166 571 | 167 567 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 147 789 | 184 286 | 122 741 | 118 803 | 115 955 | 105 488 | 34 692 | 159 085 | 40 634 | 275 356 | 435 476 | 337 064 | 173 902 | 216 639 |
| Total equity | 587 897 | 931 236 | 1 447 770 | 1 366 573 | 1 382 530 | 1 373 528 | 1 199 331 | 196 623 | 237 257 | 512 613 | 948 089 | 1 285 153 | 1 159 050 | 1 142 689 |
| Income statement | ||||||||||||||
| Sales revenue | 1 990 621 | 2 019 235 | 2 955 280 | 2 896 934 | 2 816 186 | 2 843 930 | 2 744 256 | 2 751 486 | 2 402 272 | 2 041 943 | 2 683 099 | 2 690 082 | 2 437 916 | 2 770 867 |
| Operating profit | 170 392 | 215 717 | 141 578 | 143 406 | 126 858 | 123 644 | 34 692 | 159 085 | 40 634 | 275 415 | 435 535 | 337 177 | 248 902 | 274 889 |
| Profit before income tax | 170 392 | 215 717 | 141 578 | 143 406 | 126 858 | 123 644 | 34 692 | 159 085 | 40 634 | 275 415 | 435 535 | 337 177 | 248 902 | 274 889 |
| Profit for the reporting year | 147 789 | 184 286 | 122 741 | 118 803 | 115 955 | 105 488 | 34 692 | 159 085 | 40 634 | 275 356 | 435 476 | 337 064 | 173 902 | 216 639 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 85 | 82 | 82 | 76 | 70 | 70 | 67 | 65 | 62 | 54 | 48 | 37 | 34 | 31 |
| Calculated dividend | 0 | 0 | 0 | 200 000 | 100 000 | 114 490 | 208 889 | 1 161 793 | 0 | 0 | 0 | 0 | 300 005 | 233 000 |
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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Summary: Sabiedrība ar ierobežotu atbildību "FREKO"
Overview
Sabiedrība ar ierobežotu atbildību "FREKO" (reg. no. 40003091957) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Krustpils iela 93.
Financial results
Revenue in 2025 was 2 770 867 €, up 13,7% on the previous year (2 437 916 €). From 2011 to 2025, revenue grew by an average of 2,6% per year. Net profit for 2025 was 216 639 € (7,8% of revenue). The company was profitable in all 14 published years. In 2025 the company had 31 employees (34 a year earlier). Revenue per employee was 89 383 €. At the end of 2025, total assets were 1 310 256 € and equity 1 142 689 € (87,2% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (60%) is held by a private individual.
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.