SIA "ELANDERS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 63 000 € (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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 256 725 | 201 715 | 258 850 | 207 225 | 270 573 | 290 694 | 263 689 | 310 480 | 412 251 | 368 873 | 371 952 | 437 819 | 393 528 | 523 552 | 624 194 | 703 024 |
| Total non-current assets | 236 265 | 164 650 | 121 093 | 142 816 | 170 965 | 180 705 | 235 659 | 292 845 | 204 812 | 236 700 | 232 640 | 193 595 | 154 645 | 105 277 | 59 370 | 35 622 |
| Total assets | 492 990 | 366 365 | 379 943 | 350 041 | 441 538 | 471 399 | 499 348 | 603 325 | 617 063 | 605 573 | 604 592 | 631 414 | 548 173 | 628 829 | 683 564 | 738 646 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 381 450 | 310 868 | 308 484 | 255 068 | 298 159 | 271 635 | 311 633 | 261 985 | 315 942 | 344 397 | 303 127 | 366 696 | 295 506 | 309 139 | 275 467 | 268 106 |
| Non-current liabilities | 27 686 | 15 734 | 2696 | 17 965 | 14 945 | 40 455 | 95 475 | 172 716 | 92 603 | 65 363 | 53 274 | 56 384 | 42 323 | 19 869 | 6314 | 540 |
| Total liabilities | 409 136 | 326 602 | 311 180 | 273 033 | 313 104 | 312 090 | 407 108 | 434 701 | 408 545 | 409 760 | 356 401 | 423 080 | 337 829 | 329 008 | 281 781 | 268 646 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -40 189 | -59 149 | 26 416 | 6123 | 14 452 | 34 227 | -40 400 | 76 384 | 116 894 | 64 691 | 52 378 | 143 | 2010 | 125 476 | 160 856 | 131 217 |
| Total equity | 83 854 | 24 705 | 51 121 | 57 244 | 95 902 | 130 129 | 92 240 | 168 624 | 208 518 | 195 813 | 248 191 | 208 334 | 210 344 | 299 821 | 401 783 | 470 000 |
| Income statement | ||||||||||||||||
| Sales revenue | 1 466 478 | 1 225 334 | 1 408 886 | 1 294 974 | 1 817 611 | 1 752 179 | 1 826 045 | 1 855 429 | 1 855 632 | 1 890 796 | 2 081 998 | 2 336 382 | 2 321 090 | 2 488 997 | 2 586 626 | 2 318 730 |
| Operating profit | -40 113 | -60 918 | 29 064 | 13 375 | 22 327 | 43 811 | -37 320 | 82 452 | 120 108 | 66 453 | 53 467 | 11 055 | 4315 | 137 044 | 178 393 | 148 006 |
| Profit before income tax | -43 371 | -63 171 | 26 225 | 11 419 | 20 385 | 42 279 | -40 400 | 78 523 | 116 896 | 64 691 | 52 378 | 10 143 | 2010 | 134 476 | 175 580 | 146 967 |
| Profit for the reporting year | -40 189 | -59 149 | 26 416 | 6123 | 14 452 | 34 227 | -40 400 | 76 384 | 116 894 | 64 691 | 52 378 | 143 | 2010 | 125 476 | 160 856 | 131 217 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 66 | 55 | 52 | 53 | 73 | 51 | 50 | 52 | 48 | 50 | 50 | 55 | 50 | 50 | 50 | 48 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 15 000 | 0 | 0 | 77 000 | 77 396 | 0 | 40 000 | 0 | 35 999 | 58 894 | 63 000 |
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 "ELANDERS"
Overview
SIA "ELANDERS" (reg. no. 40003279867) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Rīga, Jaunciema gatve 320F.
Financial results
Revenue in 2025 was 2 318 730 €, down 10,4% on the previous year (2 586 626 €). From 2010 to 2025, revenue grew by an average of 3,1% per year. Net profit for 2025 was 131 217 € (5,7% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 48 employees (50 a year earlier). Revenue per employee was 48 307 €. At the end of 2025, total assets were 738 646 € and equity 470 000 € (63,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.