"Algol Chemicals" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 150 000 € (16% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 1 039 735 | 874 871 | 1 216 229 | 1 549 569 | 1 740 497 | 1 576 629 | 1 573 762 | 2 054 150 | 1 906 164 | 2 148 098 | 2 250 616 | 2 479 214 |
| Total non-current assets | 6373 | 6285 | 4522 | 3198 | 1595 | 1563 | 935 | 1894 | 8401 | 62 434 | 46 149 | 35 320 |
| Total assets | 1 046 108 | 881 156 | 1 220 751 | 1 552 767 | 1 742 092 | 1 578 192 | 1 574 697 | 2 056 044 | 1 914 565 | 2 210 532 | 2 296 765 | 2 514 534 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 688 168 | 517 958 | 816 630 | 1 018 501 | 1 093 573 | 1 081 909 | 888 416 | 1 082 551 | 885 372 | 1 291 490 | 1 367 881 | 1 444 763 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 688 168 | 517 958 | 816 630 | 1 018 501 | 1 093 573 | 1 081 909 | 888 416 | 1 082 551 | 885 372 | 1 291 490 | 1 367 881 | 1 444 763 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 42 601 | 45 258 | 85 923 | 130 145 | 184 253 | 145 764 | 224 998 | 462 212 | 455 700 | 289 849 | 259 842 | 290 887 |
| Total equity | 357 940 | 363 198 | 404 121 | 534 266 | 648 519 | 496 283 | 686 281 | 973 493 | 1 029 193 | 919 042 | 928 884 | 1 069 771 |
| Income statement | ||||||||||||
| Sales revenue | 3 200 185 | 2 988 168 | 3 362 246 | 4 257 761 | 5 343 106 | 5 512 178 | 5 748 783 | 6 234 516 | 7 245 327 | 8 406 507 | 11 398 121 | 12 314 492 |
| Operating profit | 63 960 | 60 700 | 108 371 | 167 213 | 199 125 | 164 603 | 243 221 | 499 615 | 571 324 | 406 167 | 357 835 | 371 307 |
| Profit before income tax | 55 344 | 52 917 | 100 679 | 154 800 | 184 325 | 148 590 | 225 811 | 485 227 | 556 305 | 391 591 | 324 116 | 329 076 |
| Profit for the reporting year | 42 601 | 45 258 | 85 923 | 130 145 | 184 253 | 145 764 | 224 998 | 462 212 | 455 700 | 289 849 | 259 842 | 290 887 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 7 | 7 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 9 |
| Calculated dividend | 56 915 | 40 000 | 45 000 | 0 | 70 000 | 298 000 | 35 000 | 175 000 | 400 000 | 400 000 | 250 000 | 150 000 |
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: "Algol Chemicals" SIA
Overview
"Algol Chemicals" SIA (reg. no. 40003249720) is a limited liability company. The company was registered in 1995 and has been in the register for 31 years. Registered address: Mārupes nov., Mārupe, Malduguņu iela 2.
Financial results
Revenue in 2025 was 12 314 492 €, up 8,0% on the previous year (11 398 121 €). From 2014 to 2025, revenue grew by an average of 13,0% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 290 887 € (2,4% of revenue). The company was profitable in all 12 published years. In 2025 the company had 9 employees (8 a year earlier). Revenue per employee was 1 368 277 €. At the end of 2025, total assets were 2 514 534 € and equity 1 069 771 € (42,5% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Algol Chemicals Oy.
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.