Sabiedrība ar ierobežotu atbildību "ERNACO"Active

40003653039Limited liability companyFounded 2003

Key figures

256 855 €+2,2%

Revenue 2025

+20,6%

Average annual growth 2008–2025

Ratios

2025

28,0%

EBITDA margin

10,1%

Profit margin

65,5%

Equity ratio

2,0×

Current ratio

6,7%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

20210 €

20200 €

20190 €

2018 ~39 407 €

2017 ~27 532 €

20160 €

20150 €

20140 €

20130 €

2012 ~27 234 €

20110 €

2010 ~23 310 €

20095270 €

20080 €

Summary of financial statements2008–2025

	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	4570	28 892	11 639	14 959	12 644	14 356	10 287	23 828	66 756	101 881	111 146	186 104	185 423	119 019	97 483	74 144	113 727	151 517
Total non-current assets	10 192	7887	27 929	21 918	14 357	9542	33 823	27 308	19 715	10 022	19 841	17 218	21 153	200 026	546 613	508 794	471 710	436 382
Total assets	14 762	36 779	39 568	36 877	27 001	23 898	44 110	51 136	86 471	111 903	130 987	203 322	206 576	319 045	644 096	582 938	585 437	587 899
Balance sheet — liabilities and equity
Current liabilities	3902	7874	8319	4205	22 359	21 727	46 745	49 324	49 523	65 382	80 373	76 560	10 972	25 200	326 146	71 827	78 799	76 709
Non-current liabilities	578	491	0	0	0	0	0	0	79	0	0	0	0	0	0	169 068	147 712	126 356
Total liabilities	4480	8365	8319	4205	22 359	21 727	46 745	49 324	49 602	65 382	80 373	76 560	10 972	25 200	326 146	240 895	226 511	203 065
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	5933	23 310	25 899	1335	-914	-2529	-6985	5004	34 411	39 407	43 500	76 148	68 843	98 241	24 104	24 093	16 883	25 908
Total equity	10 270	28 310	30 899	32 234	4086	1557	-4770	235	34 646	46 521	50 614	126 762	195 604	293 845	317 950	342 043	358 926	384 834
Income statement
Sales revenue	10 676	71 375	83 573	58 003	59 527	42 121	63 599	98 633	216 737	247 686	243 100	267 683	315 870	442 490	317 680	271 553	251 390	256 855
Operating profit	6861	27 596	29 340	2108	-329	-2418	-6985	5004	39 558	46 149	44 795	76 534	69 538	99 031	24 678	36 441	29 916	35 430
EBITDA	—	—	33 338	11 370	8514	5322	5572	16 139	50 541	57 562	56 255	83 679	77 116	109 938	41 210	75 888	68 823	72 022
Profit before income tax	6864	27 599	29 340	2108	-327	-2418	-6985	5004	39 558	46 149	44 795	76 649	69 538	99 031	24 503	24 223	17 335	26 636
Profit for the reporting year	5933	23 310	25 899	1335	-914	-2529	-6985	5004	34 411	39 407	43 500	76 148	68 843	98 241	24 104	24 093	16 883	25 908
Labour costs	—	—	3224	3073	3097	3050	10 324	6599	7907	11 173	14 766	12 941	15 448	41 192	52 108	41 442	40 507	40 395
Depreciation of non-current assets	—	—	3998	9262	8843	7740	12 557	11 135	10 983	11 413	11 460	7145	7578	10 907	16 532	39 447	38 907	36 592
Other indicators
Employees	0	1	2	2	2	2	2	2	2	3	3	3	3	4	4	3	3	3
Calculated dividend	0	5270	23 310	0	27 234	0	0	0	0	27 532	39 407	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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Related companies

Shared members or board members

VanBaltic SIA

Same registered address

VanBaltic SIA

Summary: Sabiedrība ar ierobežotu atbildību "ERNACO"

Overview

Sabiedrība ar ierobežotu atbildību "ERNACO" (reg. no. 40003653039) is a limited liability company. The company was registered in 2003 and has been in the register for 22 years. Registered address: Mārupes nov., Mārupe, Upleju iela 7.

Financial results

Revenue in 2025 was 256 855 €, up 2,2% on the previous year (251 390 €). From 2008 to 2025, revenue grew by an average of 20,6% per year. Net profit for 2025 was 25 908 € (10,1% of revenue). The company was profitable in 15 of the 18 published years. In 2025 the company had 3 employees. Revenue per employee was 85 618 €. At the end of 2025, total assets were 587 899 € and equity 384 834 € (65,5% of assets).

Management and owners

The board has 2 members. 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.