Sabiedrība ar ierobežotu atbildību "LPP Latvia ltd"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 940 073 € (39% of equity at the end of the previous year).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 575 176 | 678 443 | 1 220 790 | 1 249 783 | 1 428 915 | 2 936 319 | 2 724 754 | 2 762 281 | 3 156 831 | 3 630 583 | 5 495 816 | 6 327 998 | 10 958 108 | 11 216 506 | 9 635 752 | 6 683 651 | 6 712 188 |
| Total non-current assets | 396 600 | 242 400 | 712 209 | 645 300 | 1 054 944 | 4 107 660 | 3 280 878 | 2 430 937 | 1 657 095 | 2 467 743 | 14 267 539 | 20 057 824 | 16 841 753 | 18 842 770 | 19 882 584 | 18 646 365 | 26 582 554 |
| Total assets | 971 776 | 920 843 | 1 932 999 | 1 895 083 | 2 483 859 | 7 043 979 | 6 005 632 | 5 193 218 | 4 813 926 | 6 098 326 | 19 763 355 | 26 385 822 | 27 799 861 | 30 059 276 | 29 518 336 | 25 330 016 | 33 294 742 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 499 083 | 382 680 | 872 957 | 527 965 | 948 975 | 4 118 580 | 2 423 893 | 1 823 309 | 1 257 568 | 2 236 197 | 5 920 958 | 8 201 178 | 8 292 288 | 12 357 009 | 12 251 553 | 13 824 010 | 17 543 987 |
| Non-current liabilities | 0 | 0 | 23 859 | 28 444 | 79 995 | 191 808 | 134 514 | 52 333 | 14 755 | 1940 | 8 898 099 | 12 855 119 | 10 915 382 | 9 500 345 | 8 174 240 | 6 548 284 | 12 664 798 |
| Total liabilities | 499 083 | 382 680 | 896 816 | 556 409 | 1 028 970 | 4 310 388 | 2 558 407 | 1 875 642 | 1 272 323 | 2 238 137 | 14 819 057 | 21 056 297 | 19 207 670 | 21 857 354 | 20 425 793 | 20 372 294 | 30 208 785 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -73 239 | 65 470 | 498 020 | 794 453 | 819 019 | 663 470 | 713 634 | 570 350 | 794 377 | 1 112 963 | 1 084 109 | 940 074 | 3 262 666 | 2 872 397 | 890 621 | 1 191 859 | 1 891 252 |
| Total equity | 472 693 | 538 163 | 1 036 183 | 1 338 674 | 1 454 889 | 2 733 591 | 3 447 225 | 3 317 576 | 3 541 603 | 3 860 189 | 4 944 298 | 5 329 525 | 8 592 191 | 8 201 922 | 9 092 543 | 4 957 722 | 3 085 957 |
| Income statement | |||||||||||||||||
| Sales revenue | 4 271 522 | 3 831 404 | 5 363 730 | 7 295 445 | 8 526 972 | 14 273 858 | 15 760 173 | 16 846 882 | 19 730 419 | 23 136 308 | 27 814 255 | 26 854 784 | 42 917 291 | 53 653 929 | 53 696 727 | 58 150 753 | 68 299 112 |
| Operating profit | -85 443 | 73 901 | 586 119 | 935 018 | 969 963 | 815 509 | 840 317 | 672 355 | 951 088 | 1 112 916 | 1 228 640 | 1 219 462 | 3 586 045 | 3 204 090 | 1 128 134 | 2 865 575 | 3 113 719 |
| Profit before income tax | -82 950 | 73 941 | 586 168 | 935 041 | 969 963 | 815 509 | 840 317 | 672 421 | 951 156 | 1 112 963 | 1 084 459 | 940 187 | 3 262 682 | 3 002 387 | 890 634 | 2 523 648 | 2 629 396 |
| Profit for the reporting year | -73 239 | 65 470 | 498 020 | 794 453 | 819 019 | 663 470 | 713 634 | 570 350 | 794 377 | 1 112 963 | 1 084 109 | 940 074 | 3 262 666 | 2 872 397 | 890 621 | 1 191 859 | 1 891 252 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 97 | 88 | 110 | 130 | 143 | 204 | 251 | 228 | 236 | 243 | 257 | 239 | 264 | 347 | 366 | 361 | 389 |
| Calculated dividend | 518 878 | 0 | 0 | 491 962 | 702 804 | 0 | 0 | 700 000 | 570 350 | 794 377 | 0 | 0 | 0 | 3 262 666 | 0 | 1 123 940 | 1 940 073 |
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 "LPP Latvia ltd"
Overview
Sabiedrība ar ierobežotu atbildību "LPP Latvia ltd" (reg. no. 40003604688) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Mihaila Tāla iela 1.
Financial results
Revenue in 2025 was 68 299 112 €, up 17,5% on the previous year (58 150 753 €). From 2009 to 2025, revenue grew by an average of 18,9% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 1 891 252 € (2,8% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 389 employees (361 a year earlier). Revenue per employee was 175 576 €. At the end of 2025, total assets were 33 294 742 € and equity 3 085 957 € (9,3% of assets).
Management and owners
The board has 2 members. The sole owner of the company is LPP.
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.