SIA "KOWACO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 60 740 € (8% 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 | 388 796 | 150 382 | 77 107 | 79 172 | 77 366 | 98 746 | 164 015 | 20 597 | 64 827 | 85 940 | 89 738 | 198 842 | 208 449 | 379 147 | 448 127 | 167 748 |
| Total non-current assets | 783 167 | 738 799 | 694 979 | 818 476 | 1 199 832 | 1 178 828 | 1 123 466 | 2 744 878 | 2 708 016 | 2 602 192 | 2 538 606 | 2 439 335 | 2 402 626 | 2 312 761 | 2 226 693 | 2 495 703 |
| Total assets | 1 171 963 | 889 181 | 772 086 | 897 648 | 1 277 198 | 1 277 574 | 1 287 481 | 2 765 475 | 2 772 843 | 2 688 132 | 2 628 344 | 2 638 177 | 2 611 075 | 2 691 908 | 2 674 820 | 2 663 451 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 291 237 | 62 783 | 57 161 | 63 656 | 92 124 | 21 146 | 12 010 | 241 866 | 13 093 | 11 878 | 10 047 | 32 939 | 31 284 | 30 638 | 41 145 | 27 145 |
| Non-current liabilities | 391 457 | 349 158 | 197 192 | 341 005 | 504 753 | 502 744 | 499 894 | 1 696 479 | 2 071 630 | 1 971 630 | 1 921 630 | 1 921 630 | 1 921 630 | 1 921 630 | 1 871 630 | 1 771 630 |
| Total liabilities | 682 694 | 411 941 | 254 353 | 404 661 | 596 877 | 523 890 | 511 904 | 1 938 345 | 2 084 723 | 1 983 508 | 1 931 677 | 1 954 569 | 1 952 914 | 1 952 268 | 1 912 775 | 1 798 775 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 46 817 | 34 788 | 16 290 | 34 245 | 50 664 | 73 363 | 72 644 | 71 553 | 58 550 | 16 504 | -7957 | -13 059 | -25 447 | 81 480 | 22 405 | 163 371 |
| Total equity | 489 269 | 477 240 | 493 530 | 492 987 | 680 321 | 753 684 | 775 577 | 827 130 | 688 120 | 704 624 | 696 667 | 683 608 | 658 161 | 739 640 | 762 045 | 864 676 |
| Income statement | ||||||||||||||||
| Sales revenue | 171 966 | 182 875 | 174 438 | 210 839 | 305 454 | 293 937 | 315 969 | 321 217 | 318 789 | 306 410 | 300 263 | 332 992 | 404 608 | 382 691 | 494 762 | 521 983 |
| Operating profit | 44 076 | 56 002 | 29 783 | 47 892 | 80 844 | 97 511 | 80 766 | 80 781 | 35 034 | 17 047 | -7957 | -12 927 | -25 297 | 81 556 | 23 192 | 163 422 |
| Profit before income tax | 59 781 | 49 381 | 25 345 | 45 430 | 78 745 | 96 909 | 80 766 | 80 781 | 35 034 | 17 047 | -7957 | -12 927 | -25 297 | 81 556 | 23 192 | 163 422 |
| Profit for the reporting year | 46 817 | 34 788 | 16 290 | 34 245 | 50 664 | 73 363 | 72 644 | 71 553 | 58 550 | 16 504 | -7957 | -13 059 | -25 447 | 81 480 | 22 405 | 163 371 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 46 817 | 0 | 34 788 | 0 | 0 | 50 751 | 20 000 | 197 560 | 0 | 0 | 0 | 0 | 0 | 0 | 60 740 |
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 "KOWACO"
Overview
SIA "KOWACO" (reg. no. 40003309108) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Rīga, Mūkusalas iela 73.
Financial results
Revenue in 2025 was 521 983 €, up 5,5% on the previous year (494 762 €). From 2010 to 2025, revenue grew by an average of 7,7% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 163 371 € (31,3% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 260 992 €. At the end of 2025, total assets were 2 663 451 € and equity 864 676 € (32,5% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 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.