Sabiedrība ar ierobežotu atbildību "Divine Heat Company"Active

40003577534Limited liability companyFounded 2002

Key figures

989 350 €-9,9%
Revenue 2025
-3,1%
Average annual change 2008–2025
01 m2 m3 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~40 361 €
20210 €
20200 €
2019 ~39 000 €
20180 €
2017 ~3300 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
200972 000 €
200827 000 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets279 849211 646144 87252 565158 83673 59578 13987 805107 95368 353121 19682 49198 64391 31979 19467 648105 295114 318
Total non-current assets150 65896 51048 92527 36597412525147677126221603190460246 48240 461119 641125 82885 84552 264
Total assets430 507308 156193 79779 930168 57776 12079 61588 576108 21570 513124 38687 093145 125131 780198 835193 476191 140166 582
Balance sheet — liabilities and equity
Current liabilities238 605368 5750153 360126 440127 947271 337128 18285 55645 76569 85147 30396 81564 252148 582133 295119 83787 517
Non-current liabilities67400277 043000000000000000
Total liabilities245 345368 575277 043153 360126 440127 947271 337128 18285 55645 76569 85147 30396 81564 252148 582133 295119 83787 517
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year41 217-160 081-22 8279816115 567-93 964-117 979152 11662 265538929 78724 255852019 21823 086992811 1227762
Total equity185 162-60 419-83 246-73 43042 137-51 827-191 722-39 60622 65924 74854 53539 79048 31067 52850 25360 18171 30379 065
Income statement
Sales revenue1 684 695491 913495 294745 9441 205 388320 550432 184613 877554 903733 349881 3391 055 7431 017 0871 240 8922 041 3861 531 8351 098 196989 350
Operating profit53 785-165 544-15 70112 770103 484-92 765-117 076154 23868 662810635 00231 86312 49229 83437 02214 66817 1118188
Profit before income tax56 194-166 821-22 8279816115 567-93 964-117 979152 11668 460773934 60531 61213 54729 75336 62114 50412 2917762
Profit for the reporting year41 217-160 081-22 8279816115 567-93 964-117 979152 11662 265538929 78724 255852019 21823 086992811 1227762
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees1276666622233333433
Calculated dividend27 00072 00000000003300039 0000040 361000

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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50%50%Sabiedrība ar ierobež…Valge Dainis2Vestberg Kent Stefan
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "Divine Heat Company"

Overview

Sabiedrība ar ierobežotu atbildību "Divine Heat Company" (reg. no. 40003577534) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Maija iela 4 - 6.

Financial results

Revenue in 2025 was 989 350 €, down 9,9% on the previous year (1 098 196 €). From 2008 to 2025, revenue declined by an average of 3,1% per year. Net profit for 2025 was 7762 € (0,8% of revenue). The company was profitable in 14 of the 18 published years. In 2025 the company had 3 employees. Revenue per employee was 329 783 €. At the end of 2025, total assets were 166 582 € and equity 79 065 € (47,5% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.