Sabiedrība ar ierobežotu atbildību "Artels AG"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 73 605 | 56 586 | 81 157 | 96 525 | 107 019 | 117 678 | 169 084 | 166 162 | 162 469 | 130 550 | 107 711 | 61 825 | 60 349 | 58 072 | 46 258 | 55 690 | 67 445 | 79 914 |
| Total non-current assets | 97 995 | 88 999 | 80 745 | 73 524 | 68 156 | 64 806 | 89 008 | 84 846 | 115 546 | 115 546 | 109 769 | 105 773 | 99 600 | 93 427 | 96 554 | 88 756 | 80 958 | 73 160 |
| Total assets | 171 600 | 145 585 | 161 902 | 170 049 | 175 175 | 182 484 | 258 092 | 251 008 | 278 015 | 246 096 | 217 480 | 167 598 | 159 949 | 151 499 | 142 812 | 144 446 | 148 403 | 153 074 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 59 806 | 51 728 | 77 362 | 61 860 | 80 522 | 72 798 | 112 228 | 117 539 | 116 359 | 103 241 | 45 695 | 12 360 | 9948 | 11 545 | 14 005 | 18 450 | 22 205 | 23 871 |
| Non-current liabilities | 102 972 | 92 309 | 84 086 | 110 598 | 103 874 | 102 584 | 145 356 | 138 892 | 141 084 | 137 904 | 127 932 | 66 760 | 59 285 | 48 262 | 36 861 | 33 911 | 33 911 | 33 911 |
| Total liabilities | 162 778 | 144 037 | 161 448 | 172 458 | 184 396 | 175 382 | 257 584 | 256 431 | 257 443 | 241 145 | 173 627 | 79 120 | 69 233 | 59 807 | 50 866 | 52 361 | 56 116 | 57 782 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5431 | -7274 | -1094 | -2863 | -6518 | 16 323 | -9598 | -5931 | -4421 | -15 621 | 38 902 | 44 625 | 2238 | 976 | 254 | 139 | 201 | 3005 |
| Total equity | 8822 | 1548 | 454 | -2409 | -9221 | 7102 | 508 | -5423 | 20 572 | 4951 | 43 853 | 88 478 | 90 716 | 91 692 | 91 946 | 92 085 | 92 287 | 95 292 |
| Income statement | ||||||||||||||||||
| Sales revenue | 200 790 | 77 938 | 38 031 | 35 128 | 13 518 | 58 485 | 42 310 | 39 959 | 17 730 | 16 102 | 26 492 | 49 253 | 41 748 | 65 742 | 100 744 | 106 000 | 97 498 | 110 903 |
| Operating profit | 1056 | 1797 | 8413 | 3407 | -3260 | 22 068 | -2200 | -907 | -1633 | -43 799 | 1687 | -37 425 | 3462 | 1417 | 254 | 139 | 201 | 3005 |
| Profit before income tax | -2945 | -6027 | -875 | -1365 | -5431 | 17 935 | -6601 | -4414 | -4421 | -15 621 | 38 902 | 44 625 | 2238 | 976 | 254 | 139 | 201 | 3005 |
| Profit for the reporting year | -5431 | -7274 | -1094 | -2863 | -6518 | 16 323 | -9598 | -5931 | -4421 | -15 621 | 38 902 | 44 625 | 2238 | 976 | 254 | 139 | 201 | 3005 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 13 | 7 | 6 | 4 | 4 | 5 | 5 | 5 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 4 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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: Sabiedrība ar ierobežotu atbildību "Artels AG"
Overview
Sabiedrība ar ierobežotu atbildību "Artels AG" (reg. no. 40003363778) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Rīga, Augusta Deglava iela 61 - 69.
Financial results
Revenue in 2025 was 110 903 €, up 13,7% on the previous year (97 498 €). From 2008 to 2025, revenue declined by an average of 3,4% per year. Net profit for 2025 was 3005 € (2,7% of revenue). The company was profitable in 9 of the 18 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 27 726 €. At the end of 2025, total assets were 153 074 € and equity 95 292 € (62,3% of assets).
Management and owners
The company has one board member. 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.