SIA "LatIgMa"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 102 999 € (2% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 1 511 752 | 1 479 426 | 1 272 291 | 1 609 113 | 1 780 146 | 1 690 799 | 3 031 782 | 5 611 751 | 5 990 325 | 6 113 462 | 4 785 083 |
| Total non-current assets | 990 138 | 1 331 610 | 1 190 622 | 1 011 564 | 1 129 957 | 1 108 742 | 885 758 | 947 387 | 789 961 | 647 597 | 1 880 967 |
| Total assets | 2 501 890 | 2 811 036 | 2 462 913 | 2 620 677 | 2 910 103 | 2 799 541 | 3 917 540 | 6 559 138 | 6 780 286 | 6 761 059 | 6 666 050 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 579 367 | 703 157 | 580 904 | 701 468 | 1 374 860 | 912 015 | 516 602 | 695 299 | 498 629 | 331 738 | 431 451 |
| Non-current liabilities | 919 281 | 1 094 191 | 877 004 | 650 638 | 463 183 | 8330 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 498 648 | 1 797 348 | 1 457 908 | 1 352 106 | 1 838 043 | 920 345 | 516 602 | 695 299 | 498 629 | 331 738 | 431 451 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 17 637 | 12 697 | 24 651 | 296 899 | 732 475 | 807 136 | 1 525 270 | 2 487 901 | 437 818 | 167 764 | -91 723 |
| Total equity | 965 729 | 1 013 688 | 1 005 005 | 1 268 571 | 1 072 060 | 1 879 196 | 3 400 938 | 5 863 839 | 6 281 657 | 6 429 321 | 6 234 599 |
| Income statement | |||||||||||
| Sales revenue | 4 451 626 | 4 379 410 | 5 260 200 | 5 528 212 | 5 320 880 | 4 690 737 | 6 752 649 | 8 520 067 | 5 620 385 | 5 108 096 | 5 709 571 |
| Operating profit | 63 447 | 74 447 | 95 442 | 353 927 | 781 894 | 809 639 | 1 526 690 | 2 494 574 | 442 904 | 173 998 | -65 846 |
| Profit before income tax | 34 068 | 12 697 | 24 651 | 296 899 | 732 531 | 807 140 | 1 526 401 | 2 494 512 | 442 904 | 173 998 | -65 846 |
| Profit for the reporting year | 17 637 | 12 697 | 24 651 | 296 899 | 732 475 | 807 136 | 1 525 270 | 2 487 901 | 437 818 | 167 764 | -91 723 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 121 | 104 | 101 | 96 | 81 | 78 | 77 | 80 | 73 | 71 | 78 |
| Calculated dividend | 0 | 0 | 33 334 | 33 333 | 928 986 | 0 | 3528 | 25 000 | 20 000 | 20 100 | 102 999 |
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: SIA "LatIgMa"
Overview
SIA "LatIgMa" (reg. no. 40003622132) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Ventspils nov., Ugāles pag., "Kursas zāģētavas".
Financial results
Revenue in 2025 was 5 709 571 €, up 11,8% on the previous year (5 108 096 €). From 2015 to 2025, revenue grew by an average of 2,5% per year. 2025 ended with a loss of 91 723 €. The company was profitable in 10 of the 11 published years. In 2025 the company had 78 employees (71 a year earlier). Revenue per employee was 73 200 €. At the end of 2025, total assets were 6 666 050 € and equity 6 234 599 € (93,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.