Akciju sabiedrība "Palast Architekts"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 43 368 | 69 588 | 123 706 | 135 163 | 225 908 | 202 655 | 325 636 | 310 739 | 379 338 | 203 025 | 200 336 | 143 707 | 150 542 |
| Total non-current assets | 14 428 | 20 012 | 13 212 | 34 165 | 29 165 | 23 538 | 19 015 | 17 675 | 18 330 | 16 693 | 85 216 | 65 484 | 46 803 |
| Total assets | 57 796 | 89 600 | 136 918 | 169 328 | 255 073 | 226 193 | 344 651 | 328 414 | 397 668 | 219 718 | 285 552 | 209 191 | 197 345 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 0 | 0 | 113 107 | 185 688 | 110 693 | 242 861 | 197 983 | 347 190 | 143 883 | 186 194 | 191 887 | 175 746 |
| Non-current liabilities | 39 064 | 135 954 | 87 229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 39 064 | 135 954 | 87 229 | 113 107 | 185 688 | 110 693 | 242 861 | 197 983 | 347 190 | 143 883 | 186 194 | 191 887 | 175 746 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -16 750 | -73 007 | 96 043 | 16 530 | 21 962 | 55 317 | 30 900 | 36 639 | -68 953 | 25 357 | 31 524 | -77 255 | 4295 |
| Total equity | 18 171 | -47 152 | 48 891 | 56 221 | 69 385 | 114 702 | 101 790 | 130 431 | 50 478 | 75 835 | 99 358 | 17 304 | 21 599 |
| Income statement | |||||||||||||
| Sales revenue | 295 837 | 358 031 | 619 229 | 430 190 | 625 265 | 548 287 | 504 241 | 703 485 | 498 154 | 861 050 | 774 792 | 494 098 | 452 949 |
| Operating profit | -3114 | -71 625 | 105 206 | 19 210 | 26 706 | 59 051 | 36 363 | 39 098 | -64 413 | 25 733 | 34 607 | -74 035 | 4618 |
| Profit before income tax | -16 750 | -73 007 | 102 813 | 18 929 | 25 729 | 56 036 | 36 023 | 38 918 | -64 531 | 25 568 | 34 586 | -72 772 | 5003 |
| Profit for the reporting year | -16 750 | -73 007 | 96 043 | 16 530 | 21 962 | 55 317 | 30 900 | 36 639 | -68 953 | 25 357 | 31 524 | -77 255 | 4295 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 12 | 12 | 13 | 13 | 12 | 11 | 11 | 12 | 14 | 15 | 15 | 14 | 12 |
| Calculated dividend | — | 0 | 0 | 9200 | 8798 | 10 000 | 43 812 | 7998 | 11 000 | 0 | 8001 | 4799 | 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: Akciju sabiedrība "Palast Architekts"
Overview
Akciju sabiedrība "Palast Architekts" (reg. no. 40003587246) is a joint-stock company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Blīdenes iela 1A - 1.
Financial results
Revenue in 2025 was 452 949 €, down 8,3% on the previous year (494 098 €). From 2013 to 2025, revenue grew by an average of 3,6% per year. Net profit for 2025 was 4295 € (0,9% of revenue). The company was profitable in 9 of the 13 published years. In 2025 the company had 12 employees (14 a year earlier). Revenue per employee was 37 746 €. At the end of 2025, total assets were 197 345 € and equity 21 599 € (10,9% of assets).
Management and owners
The company has one board member.
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.