SIA "SolMed"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 35 000 € (43% 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 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 | 48 959 | 69 597 | 105 163 | 74 580 | 13 907 | 24 908 | 20 513 | 21 204 | 19 207 | 11 892 | 49 572 | 35 412 | 122 382 | 131 492 | 79 127 | 80 792 | 95 475 |
| Total non-current assets | 1045 | 1941 | 1394 | 893 | 50 413 | 40 434 | 0 | 20 138 | 14 367 | 10 454 | 6541 | 38 417 | 34 052 | 29 224 | 24 827 | 20 767 | 17 029 |
| Total assets | 50 004 | 71 538 | 106 557 | 75 473 | 64 320 | 65 342 | 20 513 | 41 342 | 33 574 | 22 346 | 56 113 | 73 829 | 156 434 | 160 716 | 103 954 | 101 559 | 112 504 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 16 623 | 10 947 | 20 768 | 4584 | 4545 | 8113 | 6373 | 7008 | 8266 | 12 679 | 22 193 | 29 491 | 32 848 | 26 321 | 19 434 | 20 592 | 22 422 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 960 | 10 000 | 7000 | 5120 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 16 623 | 10 947 | 20 768 | 4584 | 4545 | 8113 | 6373 | 26 968 | 18 266 | 19 679 | 27 313 | 29 491 | 32 848 | 26 321 | 19 434 | 20 592 | 22 422 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 29 352 | 27 210 | 25 198 | 10 297 | -817 | 4006 | 8967 | 9201 | 10 135 | -2506 | 26 133 | 35 538 | 112 246 | 40 808 | 126 | 6447 | 44 115 |
| Total equity | 33 381 | 60 591 | 85 789 | 70 889 | 59 775 | 57 229 | 14 140 | 14 374 | 15 308 | 2667 | 28 800 | 44 338 | 123 586 | 134 395 | 84 520 | 80 967 | 90 082 |
| Income statement | |||||||||||||||||
| Sales revenue | 135 434 | 142 635 | 157 393 | 89 103 | 76 253 | 114 119 | 106 027 | 112 145 | 117 290 | 118 221 | 191 931 | 242 114 | 378 786 | 326 126 | 262 878 | 250 140 | 399 853 |
| Operating profit | 34 595 | 31 978 | 29 244 | 12 151 | -1283 | 2633 | 10 170 | 9548 | 11 875 | -2332 | 26 133 | 40 538 | 120 496 | 48 308 | 12 749 | 9000 | 52 888 |
| Profit before income tax | 34 595 | 31 978 | 29 244 | 12 151 | -817 | 4775 | 10 523 | 9548 | 11 875 | -2332 | 26 133 | 40 538 | 120 496 | 48 308 | 12 626 | 8947 | 52 868 |
| Profit for the reporting year | 29 352 | 27 210 | 25 198 | 10 297 | -817 | 4006 | 8967 | 9201 | 10 135 | -2506 | 26 133 | 35 538 | 112 246 | 40 808 | 126 | 6447 | 44 115 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 19 | 20 | 21 | 17 | 20 | 20 | 19 | 19 | 21 | 22 | 19 | 17 | 15 | 14 | 14 | 14 | 17 |
| Calculated dividend | — | 0 | 0 | 25 197 | 10 297 | 6552 | 52 056 | 8967 | 9201 | 10 135 | 0 | 20 000 | 32 998 | 29 999 | 50 001 | 10 000 | 35 000 |
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: SIA "SolMed"
Overview
SIA "SolMed" (reg. no. 40003142577) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Rīga, Krišjāņa Valdemāra iela 36.
Financial results
Revenue in 2025 was 399 853 €, up 59,9% on the previous year (250 140 €). From 2009 to 2025, revenue grew by an average of 7,0% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 44 115 € (11,0% of revenue). The company was profitable in 15 of the 17 published years. In 2025 the company had 17 employees (14 a year earlier). Revenue per employee was 23 521 €. At the end of 2025, total assets were 112 504 € and equity 90 082 € (80,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.