Akciju sabiedrība "BALVU ENERĢIJA"Active

40003148480Joint-stock companyFounded 1993

Key figures

1 580 122 €-15,1%
Revenue 2025
+4,4%
Average annual growth 2008–2025
01 m2 m3 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets251 626397 650346 813372 178368 214365 190413 999333 118420 378397 768496 164473 954413 477449 120716 750706 448491 741417 821
Total non-current assets706 356875 020998 6871 096 2371 143 8501 113 8451 458 9471 414 5291 286 4451 154 5391 099 4531 099 3851 507 5421 534 8461 469 8681 304 4681 491 4961 447 847
Total assets957 9821 272 6701 345 5001 468 4151 512 0641 479 0351 872 9461 747 6471 706 8231 552 3071 595 6171 573 3391 921 0191 983 9662 186 6182 010 9161 983 2371 865 668
Balance sheet — liabilities and equity
Current liabilities130 563203 949342 806446 876549 769325 088432 587262 363308 456184 099199 275194 204337 682276 587988 102871 199748 388686 594
Non-current liabilities26 300257 625188 853188 762127 949201 64854 353123 3440000179 181228 571142 85757 1430113 374
Total liabilities156 863461 574531 659635 638677 718526 736486 940385 707308 456184 099199 275194 204516 863505 1581 130 959928 342748 388799 968
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year9289977274518 9361569471131 009-24 0666052-30 15928 134-17 20725 02174 652-423 14926 915-11 424-172 949
Total equity801 119811 096813 841832 777834 346952 2991 386 0061 361 9401 398 3671 368 2081 396 3421 379 1351 404 1561 478 8081 055 6591 082 5741 234 8491 065 700
Income statement
Sales revenue765 974857 593923 495855 991987 014975 3441 317 8631 278 4281 433 5491 411 0551 447 5511 378 2371 348 6621 579 2861 559 9272 274 6461 862 1941 580 122
Operating profit2393684710 67039 48117 18414 72141 541-19 17610 383-25 89428 891-16 69727 72883 128-407 63057 3051576-156 545
Profit before income tax190210 923392920 1222797587830 035-26 5926052-27 30928 891-16 69727 72878 170-422 04929 855-10 035-169 164
Profit for the reporting year9289977274518 9361569471131 009-24 0666052-30 15928 134-17 20725 02174 652-423 14926 915-11 424-172 949
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees584948484851494849474442383434303030
Calculated dividend000000000000000000

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

Connections graph
Akciju sabiedrība "BA…Šalajevs SandrisSprudzāns Uldis
CompanyPersonShareholderOther roleAdditional link

Summary: Akciju sabiedrība "BALVU ENERĢIJA"

Overview

Akciju sabiedrība "BALVU ENERĢIJA" (reg. no. 40003148480) is a joint-stock company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Balvu nov., Balvi, Bērzpils iela 30.

Financial results

Revenue in 2025 was 1 580 122 €, down 15,1% on the previous year (1 862 194 €). From 2008 to 2025, revenue grew by an average of 4,4% per year. 2025 ended with a loss of 172 949 €. The company was profitable in 12 of the 18 published years. In 2025 the company had 30 employees. Revenue per employee was 52 671 €. At the end of 2025, total assets were 1 865 668 € and equity 1 065 700 € (57,1% of assets).

Management and owners

The board has 2 members.

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.