Liepājas speciālās ekonomiskās zonas sabiedrība ar ierobežotu atbildību "GLEN OIL"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 128 620 | 47 910 | 116 413 | 77 362 | 46 019 | 151 775 | 142 986 | 34 452 | 44 766 | 22 852 | 16 449 | 13 294 | 2266 | 41 812 | 42 607 | 42 280 | 35 314 |
| Total non-current assets | 1 871 466 | 1 770 912 | 1 636 329 | 1 528 670 | 1 395 456 | 1 793 661 | 1 602 733 | 1 421 401 | 1 245 020 | 1 153 174 | 1 146 025 | 1 139 817 | 1 048 632 | 957 447 | 864 533 | 864 664 | 864 533 |
| Total assets | 2 000 086 | 1 818 822 | 1 752 742 | 1 606 032 | 1 441 475 | 1 945 436 | 1 745 719 | 1 455 853 | 1 289 786 | 1 176 026 | 1 162 474 | 1 153 111 | 1 050 898 | 999 259 | 907 140 | 906 944 | 899 847 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 147 031 | 125 010 | 105 371 | 63 870 | 70 671 | 58 908 | 72 005 | 77 467 | 81 827 | 71 001 | 73 428 | 53 432 | 61 350 | 75 895 | 76 524 | 53 741 | 47 865 |
| Non-current liabilities | 1 848 420 | 2 022 300 | 2 056 320 | 2 007 180 | 1 946 700 | 3 113 417 | 3 472 031 | 3 585 998 | 3 612 040 | 3 612 040 | 3 612 040 | 0 | 0 | 17 000 | 42 000 | 110 600 | 185 600 |
| Total liabilities | 1 995 451 | 2 147 310 | 2 161 691 | 2 071 050 | 2 017 371 | 3 172 325 | 3 544 036 | 3 663 465 | 3 693 867 | 3 683 041 | 3 685 468 | 53 432 | 61 350 | 92 895 | 118 524 | 164 341 | 233 465 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -87 883 | -387 839 | -131 869 | -98 201 | -158 236 | -138 280 | -655 559 | -487 824 | -286 770 | -193 235 | -106 280 | -31 847 | -189 688 | -165 731 | -162 788 | -46 013 | -76 221 |
| Total equity | -331 471 | -719 310 | -851 179 | -949 380 | -1 107 616 | -1 714 276 | -2 369 835 | -2 857 659 | -3 144 429 | -3 337 664 | -3 443 944 | 1 099 679 | 989 548 | 906 364 | 788 616 | 742 603 | 666 382 |
| Income statement | |||||||||||||||||
| Sales revenue | 982 288 | 970 134 | 931 812 | 442 118 | 333 751 | 814 247 | 528 738 | 472 436 | 525 832 | 159 853 | 120 000 | 94 800 | 0 | 0 | 0 | 30 152 | 521 |
| Operating profit | -41 527 | -337 313 | -80 472 | -112 017 | -112 795 | -60 445 | -568 758 | -398 174 | -196 469 | -102 934 | -15 979 | -31 612 | -189 688 | -164 095 | -160 721 | -43 310 | -74 008 |
| Profit before income tax | -87 634 | -387 839 | -131 869 | -98 201 | -158 236 | -138 280 | -655 559 | -487 824 | -286 770 | -193 235 | -106 280 | -31 847 | -189 688 | -165 731 | -162 788 | -46 013 | -76 221 |
| Profit for the reporting year | -87 883 | -387 839 | -131 869 | -98 201 | -158 236 | -138 280 | -655 559 | -487 824 | -286 770 | -193 235 | -106 280 | -31 847 | -189 688 | -165 731 | -162 788 | -46 013 | -76 221 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 33 | 36 | 35 | 30 | 22 | 22 | 19 | 17 | 17 | 18 | 10 | 8 | 7 | 8 | 8 | 8 | 7 |
| Calculated dividend | 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: Liepājas speciālās ekonomiskās zonas sabiedrība ar ierobežotu atbildību "GLEN OIL"
Overview
Liepājas speciālās ekonomiskās zonas sabiedrība ar ierobežotu atbildību "GLEN OIL" (reg. no. 40003401073) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Liepāja, Pulvera iela 31.
Financial results
Revenue in 2025 was 521 €, down 98,3% on the previous year (30 152 €). From 2009 to 2025, revenue declined by an average of 37,6% per year. 2025 ended with a loss of 76 221 €. The company made a loss in all 17 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 74 €. At the end of 2025, total assets were 899 847 € and equity 666 382 € (74,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is "Gulfstream Oil" SIA.
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.