Sabiedrība ar ierobežotu atbildību "Motofavorīts"Active

40003588773Limited liability companyFounded 2002

Key figures

3 887 630 €-18,3%
Revenue 2025
+5,2%
Average annual growth 2011–2025
02 m4 m6 m8 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets670 858672 110796 6401 217 8201 200 2161 292 3911 541 8791 603 1911 699 0261 872 3591 899 2042 488 8502 713 0552 788 7262 043 849
Total non-current assets436 485426 382422 450603 761612 679606 021562 612540 080577 814659 242668 613679 438693 034751 259547 807
Total assets1 107 3431 098 4921 219 0901 821 5811 812 8951 898 4122 104 4912 143 2712 276 8402 531 6012 567 8173 168 2883 406 0893 539 9852 591 656
Balance sheet — liabilities and equity
Current liabilities646 988687 507807 994745 616714 244804 4021 017 4611 032 720647 850845 626852 0361 276 3181 536 8421 946 6291 128 610
Non-current liabilities95 63767 586371458 020434 910372 729332 423295 341619 826591 971508 373436 907338 185250 524189 125
Total liabilities742 625755 093808 3651 203 6361 149 1541 177 1311 349 8841 328 0611 267 6761 437 5971 360 4091 713 2251 875 0272 197 1531 317 735
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year21 385-21 31967 32641 65143 22460 36633 32660 603193 95684 840113 404247 65575 999-188 230-68 911
Total equity364 718343 399410 725617 945660 915721 281754 607815 2101 009 1641 094 0041 207 4081 455 0631 531 0621 342 8321 273 921
Income statement
Sales revenue1 917 8221 855 9332 181 3363 387 8863 249 6783 125 5234 292 6384 483 8794 923 2464 721 6675 737 0176 373 4136 027 3414 759 0913 887 630
Operating profit47 921-584793 66171 89673 47682 84758 61281 251214 02397 015135 804262 43198 215-151 677-47 648
Profit before income tax27 097-20 99981 63854 28664 06065 96942 50560 666193 97184 841113 404248 28376 086-188 209-68 911
Profit for the reporting year21 385-21 31967 32641 65143 22460 36633 32660 603193 95684 840113 404247 65575 999-188 230-68 911
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees161823252729282827262424282822
Calculated dividend000000000000000

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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80%20%Sabiedrība ar ierobež…5Bārda AgrisErmičs Andris1Panavs Gatis
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Summary: Sabiedrība ar ierobežotu atbildību "Motofavorīts"

Overview

Sabiedrība ar ierobežotu atbildību "Motofavorīts" (reg. no. 40003588773) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Kārļa Ulmaņa gatve 21.

Financial results

Revenue in 2025 was 3 887 630 €, down 18,3% on the previous year (4 759 091 €). From 2011 to 2025, revenue grew by an average of 5,2% per year. 2025 ended with a loss of 68 911 €. The company was profitable in 12 of the 15 published years. In 2025 the company had 22 employees (28 a year earlier). Revenue per employee was 176 710 €. At the end of 2025, total assets were 2 591 656 € and equity 1 273 921 € (49,2% of assets).

Management and owners

The board has 3 members. According to the register, the company has 2 owners. The largest stake (80%) 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.