Sabiedrība ar ierobežotu atbildību "TSG Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 1 130 693 € (69% 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 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 | 294 743 | 250 361 | 862 853 | 316 641 | 251 825 | 467 933 | 398 524 | 470 999 | 442 247 | 767 488 | 1 305 885 | 1 420 535 | 1 477 335 | 2 622 975 | 2 636 632 | 1 988 281 | 2 780 328 | 624 657 |
| Total non-current assets | 20 360 | 11 147 | 15 640 | 13 770 | 9690 | 9280 | 12 998 | 11 066 | 6936 | 11 249 | 8013 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 315 103 | 261 508 | 878 493 | 330 411 | 261 515 | 477 213 | 411 522 | 482 065 | 449 183 | 778 737 | 1 313 898 | 1 420 535 | 1 477 335 | 2 622 975 | 2 636 632 | 1 988 281 | 2 780 328 | 624 657 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 97 854 | 77 980 | 676 121 | 120 721 | 112 912 | 273 236 | 175 063 | 188 216 | 182 452 | 354 722 | 691 228 | 719 556 | 730 972 | 1 698 778 | 1 295 425 | 483 515 | 1 152 388 | 160 312 |
| Non-current liabilities | 5330 | 2869 | 0 | 0 | 0 | 0 | 0 | 91 | 639 | 447 | 540 | 592 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 103 184 | 80 849 | 676 121 | 120 721 | 112 912 | 273 236 | 175 063 | 188 307 | 183 091 | 355 169 | 691 768 | 720 148 | 730 972 | 1 698 778 | 1 295 425 | 483 515 | 1 152 388 | 160 312 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 86 386 | 48 740 | 72 009 | 67 590 | -61 436 | 55 739 | 24 418 | 80 938 | 71 349 | 158 147 | 427 197 | 82 257 | 45 976 | 177 833 | 417 010 | 163 703 | 123 174 | -32 902 |
| Total equity | 211 919 | 180 659 | 202 372 | 199 681 | 138 246 | 193 985 | 221 124 | 277 644 | 262 281 | 420 429 | 618 130 | 700 387 | 746 363 | 924 197 | 1 341 207 | 1 504 766 | 1 627 940 | 464 345 |
| Income statement | ||||||||||||||||||
| Sales revenue | 709 230 | 365 271 | 826 030 | 1 359 807 | 354 512 | 736 202 | 918 899 | 1 670 061 | 1 270 453 | 1 973 310 | 2 113 202 | 1 666 814 | 1 141 972 | 1 999 755 | 2 073 714 | 1 680 461 | 1 742 980 | 1 622 968 |
| Operating profit | 99 363 | 57 310 | 83 928 | 78 913 | -62 687 | 55 362 | 29 520 | 96 794 | 85 673 | 206 255 | 427 197 | 83 393 | 45 976 | 178 089 | 417 010 | 163 703 | 123 174 | 219 824 |
| Profit before income tax | 102 136 | 57 574 | 83 769 | 79 485 | -62 411 | 55 743 | 29 290 | 96 248 | 85 673 | 206 255 | 427 197 | 83 393 | 45 976 | 178 089 | 417 010 | 163 703 | 123 174 | 219 824 |
| Profit for the reporting year | 86 386 | 48 740 | 72 009 | 67 590 | -61 436 | 55 739 | 24 418 | 80 938 | 71 349 | 158 147 | 427 197 | 82 257 | 45 976 | 177 833 | 417 010 | 163 703 | 123 174 | -32 902 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 7 | 7 | 6 | 10 | 9 | 9 | 11 | 11 | 11 | 11 | 11 | 9 | 9 | 10 | 10 | 10 | 10 | 9 |
| Calculated dividend | 100 000 | 80 000 | 42 168 | 70 280 | 0 | 0 | 360 843 | 24 418 | 80 938 | 0 | 229 496 | 0 | 0 | 0 | 0 | 0 | 0 | 1 130 693 |
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 "TSG Latvia"
Overview
Sabiedrība ar ierobežotu atbildību "TSG Latvia" (reg. no. 40003499812) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Rīga, Ulbrokas iela 34.
Financial results
Revenue in 2025 was 1 622 968 €, down 6,9% on the previous year (1 742 980 €). From 2008 to 2025, revenue grew by an average of 5,0% per year. 2025 ended with a loss of 32 902 €. The company was profitable in 16 of the 18 published years. In 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 180 330 €. At the end of 2025, total assets were 624 657 € and equity 464 345 € (74,3% of assets).
Management and owners
The board has 3 members. The sole owner of the company is TSG Northern Europe Holding B.V..
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.