"Harms Farming Kurland" SIAActive

40003546958Limited liability companyFounded 2001

Key figures

357 254 €+9,4%

Revenue 2025

+4,3%

Average annual growth 2010–2025

Ratios

2025

9,0%

Profit margin

91,0%

Equity ratio

3,3×

Current ratio

3,2%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	213 327	153 914	185 147	170 470	181 676	307 294	348 200	331 300	210 588	243 111	310 960	358 324	365 941	253 079	248 678	334 840
Total non-current assets	188 024	283 145	303 392	332 550	512 677	536 515	565 669	676 170	736 591	728 272	724 705	814 032	851 716	822 065	799 313	784 242
Total assets	401 351	437 059	488 539	503 020	694 353	843 809	913 869	1 007 470	947 179	971 383	1 035 665	1 172 356	1 217 657	1 075 144	1 047 991	1 119 082
Balance sheet — liabilities and equity
Current liabilities	172	124	23 548	13 808	6143	44 587	68 090	35 962	96 265	54 396	61 730	44 318	86 609	105 067	61 874	100 826
Non-current liabilities	121 888	109 159	43 421	30 032	26 362	49 082	0	15 000	0	0	0	0	20 000	0	0	0
Total liabilities	122 060	109 283	66 969	43 840	32 505	93 669	68 090	50 962	96 265	54 396	61 730	44 318	106 609	105 067	61 874	100 826
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	86 897	49 294	92 908	35 849	11 457	84 283	101 588	110 729	-105 594	66 073	56 948	154 103	-16 990	-140 971	16 040	32 139
Total equity	277 684	326 978	419 886	455 735	659 908	744 191	845 779	956 508	850 914	916 987	973 935	1 128 038	1 111 048	970 077	986 117	1 018 256
Income statement
Sales revenue	189 864	158 972	289 483	205 162	214 084	359 736	364 095	425 154	157 501	368 914	341 319	403 105	473 679	305 321	326 688	357 254
Operating profit	87 996	52 864	100 503	39 794	17 723	89 348	103 913	112 431	-104 499	66 833	58 204	155 000	-15 260	-139 226	21 215	34 059
Profit before income tax	87 842	52 437	94 395	37 637	15 693	88 590	101 588	110 729	-105 594	66 073	56 948	154 103	-16 990	-140 971	16 040	32 139
Profit for the reporting year	86 897	49 294	92 908	35 849	11 457	84 283	101 588	110 729	-105 594	66 073	56 948	154 103	-16 990	-140 971	16 040	32 139
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	3	4	4	5	4	4	5	5	6	7	8	8	8	8	7	7
Calculated dividend	—	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: "Harms Farming Kurland" SIA

Overview

"Harms Farming Kurland" SIA (reg. no. 40003546958) is a limited liability company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Kuldīgas nov., Turlavas pag., Turlava, "Harmi".

Financial results

Revenue in 2025 was 357 254 €, up 9,4% on the previous year (326 688 €). From 2010 to 2025, revenue grew by an average of 4,3% per year. Net profit for 2025 was 32 139 € (9,0% of revenue). The company was profitable in 13 of the 16 published years. In 2025 the company had 7 employees. Revenue per employee was 51 036 €. At the end of 2025, total assets were 1 119 082 € and equity 1 018 256 € (91,0% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (90%) is held by 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.