Glassense SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 896 165 | 1 436 913 | 1 498 227 | 1 499 577 | 1 533 004 | 1 155 048 | 2 065 721 | 1 604 380 | 1 430 482 | 418 335 |
| Total non-current assets | 5 393 615 | 5 555 168 | 6 143 679 | 5 978 093 | 5 548 498 | 3 027 745 | 4 165 277 | 3 842 472 | 147 098 | 77 327 |
| Total assets | 6 289 780 | 6 992 081 | 7 641 906 | 7 477 670 | 7 081 502 | 4 182 793 | 6 230 998 | 5 446 852 | 1 577 580 | 495 662 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 1 465 738 | 1 829 357 | 2 514 883 | 2 125 130 | 1 845 361 | 1 164 623 | 1 503 145 | 1 243 938 | 901 625 | 552 016 |
| Non-current liabilities | 2 794 829 | 4 187 061 | 3 700 522 | 3 642 896 | 3 298 138 | 992 793 | 2 544 325 | 2 434 571 | 1 789 436 | 1 482 926 |
| Total liabilities | 4 260 567 | 6 016 418 | 6 215 405 | 5 768 026 | 5 143 499 | 2 157 416 | 4 047 470 | 3 678 509 | 2 691 061 | 2 034 942 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 223 702 | 9024 | 450 838 | 283 143 | 190 678 | 247 638 | 173 065 | -415 185 | -2 881 824 | -395 799 |
| Total equity | 2 029 213 | 975 663 | 1 426 501 | 1 709 644 | 1 928 003 | 2 025 377 | 2 153 528 | 1 738 343 | -1 143 481 | -1 539 280 |
| Income statement | ||||||||||
| Sales revenue | 4 128 459 | 4 799 026 | 6 030 861 | 5 813 103 | 5 065 684 | 4 898 113 | 6 528 905 | 6 755 856 | 4 342 286 | 2 256 627 |
| Operating profit | 283 575 | 335 277 | 517 670 | 400 895 | 296 508 | 324 181 | 192 517 | -312 227 | -2 761 239 | -315 792 |
| Profit before income tax | 223 702 | 276 774 | 450 838 | 283 143 | 190 678 | 247 638 | 173 065 | -413 537 | -2 881 824 | -395 799 |
| Profit for the reporting year | 223 702 | 9024 | 450 838 | 283 143 | 190 678 | 247 638 | 173 065 | -415 185 | -2 881 824 | -395 799 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 65 | 70 | 78 | 83 | 72 | 69 | 69 | 64 | 37 | 6 |
| Calculated dividend | 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: Glassense SIA
Overview
Glassense SIA (reg. no. 40003615959) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Cesvaines iela 14.
Financial results
Revenue in 2025 was 2 256 627 €, down 48,0% on the previous year (4 342 286 €). From 2016 to 2025, revenue declined by an average of 6,5% per year. This is the company's lowest revenue among the published years (2016–2025). 2025 ended with a loss of 395 799 €. The company was profitable in 7 of the 10 published years. In 2025 the company had 6 employees (37 a year earlier). Revenue per employee was 376 105 €.
Management and owners
The board has 2 members. The sole owner of the company is Aktsiaselts Glassense.
Points to note
Equity was negative at the end of 2025 (-1 539 280 €).
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.