SIA "Cannelle Bakery"Active

40003146530Limited liability companyFounded 1993

Key figures

5 897 605 €-2,9%
Revenue 2025
+8,2%
Average annual growth 2010–2025
02 m4 m6 m8 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 150 000 € (10% of equity at the end of the previous year).

History
2025150 000 €
202490 900 €
202375 900 €
202294 500 €
202190 000 €
202078 750 €
20190 €
20180 €
20170 €
20160 €
20150 €
20147674 €
201310 100 €
2012210 842 €
201133 334 €
20100 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets560 502622 758705 368635 711964 842834 431633 414650 717795 2581 119 1961 182 9631 233 0921 345 6581 380 5111 647 7571 548 960
Total non-current assets479 268429 401530 549520 560710 720835 425711 797913 751793 207964 761829 9931 111 1281 156 0281 162 4401 131 2011 006 558
Total assets1 039 7701 052 1591 235 9171 156 2711 675 5621 669 8561 345 2111 564 4681 588 4652 083 9572 012 9562 344 2202 501 6862 542 9512 778 9582 555 518
Balance sheet — liabilities and equity
Current liabilities494 193588 877430 589612 829906 656972 380882 713655 0281 007 819837 508680 557797 154947 583934 075910 270909 177
Non-current liabilities156 35645 651554 371391 825663 523746 594756 782775 937220 843445 046416 896538 876491 836441 612313 042144 951
Total liabilities650 549634 528984 9601 004 6541 570 1791 718 9741 639 4951 430 9651 228 6621 282 5541 097 4531 336 0301 439 4191 375 6871 223 3121 054 128
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year106 76761 744154 924-84 820-110 640-161 691-173 793126 027226 300467 763273 000235 342237 347201 347486 796103 258
Total equity389 221417 631233 713133 40179 172-82 519-294 284133 503359 803801 403915 5031 008 1901 062 2671 167 2641 555 6461 501 390
Income statement
Sales revenue1 806 4972 010 3001 844 7421 803 0992 687 3482 843 0762 627 0603 309 1813 299 0704 017 0293 823 0583 982 9375 478 8825 767 5376 073 5995 897 605
Operating profit128 39587 019184 442-55 226-98 874-121 798-88 895210 279290 400504 258297 821254 425257 965241 526530 023148 535
Profit before income tax111 77068 735173 505-84 414-147 225-161 691-173 793135 138230 955469 386273 235235 342237 631212 178508 745135 216
Profit for the reporting year106 76761 744154 924-84 820-110 640-161 691-173 793126 027226 300467 763273 000235 342237 347201 347486 796103 258
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees1071181071061029691898893101106114126132129
Calculated dividend033 334210 84210 10076740000078 75090 00094 50075 90090 900150 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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100%33,33%SIA "Cannelle Bakery"Maiznīca Kursa, Sabie…1Ansons Bruno1Sedmalis Andris1Skrebelis Ivars
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Cannelle Bakery"

Overview

SIA "Cannelle Bakery" (reg. no. 40003146530) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Saldus nov., Saldus, Satiksmes iela 3.

Financial results

Revenue in 2025 was 5 897 605 €, down 2,9% on the previous year (6 073 599 €). From 2010 to 2025, revenue grew by an average of 8,2% per year. Net profit for 2025 was 103 258 € (1,8% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 129 employees (132 a year earlier). Revenue per employee was 45 718 €. At the end of 2025, total assets were 2 555 518 € and equity 1 501 390 € (58,8% of assets).

Management and owners

The board has 3 members. The sole owner of the company is Maiznīca Kursa, Sabiedrība ar ierobežotu atbildību.

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.