SIA "FRAMS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 127 948 | 105 389 | 356 688 | 383 982 | 137 785 | 168 620 | 417 278 | 374 496 | 847 405 | 2 014 240 |
| Total non-current assets | 73 124 | 71 778 | 65 620 | 27 169 | 18 995 | 19 148 | 28 222 | 20 226 | 191 255 | 19 033 |
| Total assets | 201 072 | 177 167 | 422 308 | 411 151 | 156 780 | 187 768 | 445 500 | 394 722 | 1 038 660 | 2 033 273 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 69 289 | 42 366 | 45 996 | 215 577 | 56 940 | 54 696 | 48 017 | 67 459 | 277 053 | 605 770 |
| Non-current liabilities | 86 986 | 36 051 | 231 448 | 118 443 | 19 969 | 14 008 | 12 804 | 7916 | 514 310 | 1 063 543 |
| Total liabilities | 156 275 | 78 417 | 277 444 | 334 020 | 76 909 | 68 704 | 60 821 | 75 375 | 791 363 | 1 669 313 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 71 662 | 53 953 | 46 114 | 28 176 | 2741 | 39 193 | 265 615 | 111 668 | -72 050 | 116 663 |
| Total equity | 44 797 | 98 750 | 144 864 | 77 131 | 79 871 | 119 064 | 384 679 | 319 347 | 247 297 | 363 960 |
| Income statement | ||||||||||
| Sales revenue | 295 824 | 587 004 | 401 040 | 499 949 | 680 333 | 600 799 | 856 777 | 1 056 133 | 556 158 | 826 833 |
| Operating profit | 83 806 | 64 143 | 48 893 | 37 496 | 3827 | 40 599 | 267 603 | 113 866 | -46 852 | 193 846 |
| Profit before income tax | 83 426 | 63 162 | 46 114 | 28 176 | 2741 | 39 193 | 265 615 | 111 668 | -72 050 | 116 663 |
| Profit for the reporting year | 71 662 | 53 953 | 46 114 | 28 176 | 2741 | 39 193 | 265 615 | 111 668 | -72 050 | 116 663 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 5 | 5 | 6 | 3 | 5 | 7 | 6 | 10 | 8 | 12 |
| Calculated dividend | — | 0 | 0 | 95 909 | 0 | 0 | 0 | 177 000 | 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: SIA "FRAMS"
Overview
SIA "FRAMS" (reg. no. 40003386319) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Ķekavas nov., Ķekavas pag., Rāmava, Rāmavas iela 35.
Financial results
Revenue in 2025 was 826 833 €, up 48,7% on the previous year (556 158 €). From 2016 to 2025, revenue grew by an average of 12,1% per year. Net profit for 2025 was 116 663 € (14,1% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 12 employees (8 a year earlier). Revenue per employee was 68 903 €. At the end of 2025, total assets were 2 033 273 € and equity 363 960 € (17,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.