Valsts sabiedrība ar ierobežotu atbildību "Valsts Akadēmiskais koris "Latvija""Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 2069 € (2% 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 | 275 922 | 132 698 | 181 651 | 173 669 | 220 954 | 160 348 | 169 362 | 249 211 | 237 580 | 268 013 | 270 095 | 279 776 |
| Total non-current assets | 55 445 | 46 237 | 40 931 | 34 975 | 37 878 | 33 556 | 26 190 | 21 184 | 8762 | 7215 | 11 640 | 14 324 |
| Total assets | 331 367 | 178 935 | 222 582 | 208 644 | 258 832 | 193 904 | 195 552 | 270 395 | 246 342 | 275 228 | 281 735 | 294 100 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 231 860 | 87 639 | 150 526 | 145 589 | 192 675 | 104 549 | 108 475 | 158 566 | 146 732 | 183 731 | 187 283 | 193 598 |
| Non-current liabilities | 41 569 | 33 410 | 27 978 | 21 741 | 16 306 | 36 895 | 31 459 | 26 024 | 11 399 | 0 | 0 | 0 |
| Total liabilities | 273 429 | 121 049 | 178 504 | 167 330 | 208 981 | 141 444 | 139 934 | 184 590 | 158 131 | 183 731 | 187 283 | 193 598 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1841 | 955 | 5387 | 1815 | 8537 | 2607 | 3158 | 987 | 2406 | 3286 | 2955 | 8119 |
| Total equity | 40 253 | 39 551 | 44 078 | 41 314 | 49 851 | 52 460 | 55 618 | 85 805 | 88 211 | 91 497 | 94 452 | 100 502 |
| Income statement | ||||||||||||
| Sales revenue | 1 020 034 | 1 455 340 | 1 100 075 | 286 736 | 222 187 | 260 424 | 82 458 | 116 654 | 163 457 | 332 502 | 221 514 | 279 833 |
| Operating profit | 1841 | 955 | 5387 | 1815 | 8537 | 2607 | 3158 | 1536 | 3495 | 4789 | 4548 | 8119 |
| Profit before income tax | 1841 | 955 | 5387 | 1815 | 8537 | 2607 | 3158 | 1536 | 3495 | 4789 | 4548 | 8119 |
| Profit for the reporting year | 1841 | 955 | 5387 | 1815 | 8537 | 2607 | 3158 | 987 | 2406 | 3286 | 2955 | 8119 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 65 | 65 | 65 | 65 | 66 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
| Calculated dividend | 0 | 1657 | 860 | 4579 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2069 |
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: Valsts sabiedrība ar ierobežotu atbildību "Valsts Akadēmiskais koris "Latvija""
Overview
Valsts sabiedrība ar ierobežotu atbildību "Valsts Akadēmiskais koris "Latvija"" (reg. no. 40003373761) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Kaļķu iela 11A.
Financial results
Revenue in 2025 was 279 833 €, up 26,3% on the previous year (221 514 €). From 2014 to 2025, revenue declined by an average of 11,1% per year. Net profit for 2025 was 8119 € (2,9% of revenue). The company was profitable in all 12 published years. In 2025 the company had 65 employees. Revenue per employee was 4305 €. At the end of 2025, total assets were 294 100 € and equity 100 502 € (34,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is Kultūras ministrija.
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.