SIA "DS Smith Packaging Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2012–2025
| 2012 | 2013 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 522 665 | 577 332 | 622 032 | 82 073 | 88 609 | 125 544 | 172 748 | 238 774 | 248 250 | 86 351 | 107 497 | 57 946 |
| Total non-current assets | 6327 | 4756 | 1605 | 1118 | 3441 | 2444 | 5915 | 4563 | 3199 | 2151 | 1074 | 378 |
| Total assets | 528 992 | 582 088 | 623 637 | 83 191 | 92 050 | 127 988 | 178 663 | 243 337 | 251 449 | 88 502 | 108 571 | 58 324 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 543 139 | 600 628 | 54 904 | 32 117 | 32 544 | 53 947 | 426 890 | 427 551 | 391 832 | 207 718 | 193 202 | 131 241 |
| Non-current liabilities | 0 | 0 | 946 113 | 395 228 | 383 022 | 372 660 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 543 139 | 600 628 | 1 001 017 | 427 345 | 415 566 | 426 607 | 426 890 | 427 551 | 391 832 | 207 718 | 193 202 | 131 241 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 70 878 | -4393 | -158 590 | 41 147 | 20 638 | 24 897 | 50 392 | 64 013 | 43 831 | 21 167 | 34 585 | 11 714 |
| Total equity | -14 147 | -18 540 | -385 569 | -344 154 | -323 516 | -298 619 | -248 227 | -184 214 | -140 383 | -119 216 | -84 631 | -72 917 |
| Income statement | ||||||||||||
| Sales revenue | 3 485 162 | 1 116 247 | 4 046 843 | 469 385 | 403 589 | 461 589 | 709 688 | 842 482 | 759 008 | 559 074 | 480 495 | 324 086 |
| Operating profit | 71 468 | 655 | -152 234 | 43 889 | 23 617 | 26 828 | 55 514 | 65 375 | 47 358 | 28 381 | 41 689 | 13 686 |
| Profit before income tax | 88 290 | -457 | -158 212 | 42 015 | 22 430 | 26 670 | 50 544 | 64 528 | 44 659 | 22 107 | 34 709 | 11 722 |
| Profit for the reporting year | 70 878 | -4393 | -158 590 | 41 147 | 20 638 | 24 897 | 50 392 | 64 013 | 43 831 | 21 167 | 34 585 | 11 714 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 6 | 6 | 4 | 5 | 5 | 6 | 7 | 7 | 6 | 6 | 6 | 6 |
| Calculated dividend | 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: SIA "DS Smith Packaging Latvia"
Overview
SIA "DS Smith Packaging Latvia" (reg. no. 40003493453) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Rīga, Pildas iela 10.
Financial results
Revenue in 2025 was 324 086 €, down 32,6% on the previous year (480 495 €). From 2012 to 2025, revenue declined by an average of 19,4% per year. This is the company's lowest revenue among the published years (2012–2025). Net profit for 2025 was 11 714 € (3,6% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 6 employees. Revenue per employee was 54 014 €.
Management and owners
The board has 2 members. The sole owner of the company is UAB DS Smith Packaging Lithuania.
Points to note
Equity was negative at the end of 2025 (-72 917 €).
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.