Heidelberg Materials Latvija Cements SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2 998 015 | 3 461 666 | 3 223 533 | 1 558 773 | 2 147 909 | 2 041 624 | 3 140 352 | 3 198 264 | 4 062 137 | 4 679 937 |
| Total non-current assets | 2 556 735 | 2 450 630 | 2 222 005 | 1 954 038 | 1 908 915 | 2 013 496 | 1 799 408 | 1 619 147 | 1 886 151 | 1 467 381 |
| Total assets | 5 554 750 | 5 912 296 | 5 445 538 | 3 512 811 | 4 056 824 | 4 055 120 | 4 939 760 | 4 817 411 | 5 948 288 | 6 147 318 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 2 171 337 | 2 688 469 | 2 268 539 | 910 960 | 1 509 006 | 1 612 045 | 2 760 545 | 3 011 480 | 4 135 557 | 3 893 367 |
| Non-current liabilities | 535 133 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2 706 470 | 2 688 469 | 2 268 539 | 910 960 | 1 509 006 | 1 612 045 | 2 760 545 | 3 011 480 | 4 135 557 | 3 893 367 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -55 745 | 375 547 | -46 828 | -575 148 | -54 033 | -104 743 | -263 860 | -373 284 | 6800 | 441 220 |
| Total equity | 2 848 280 | 3 223 827 | 3 176 999 | 2 601 851 | 2 547 818 | 2 443 075 | 2 179 215 | 1 805 931 | 1 812 731 | 2 253 951 |
| Income statement | ||||||||||
| Sales revenue | 8 192 066 | 10 545 033 | 10 581 715 | 7 823 630 | 7 794 407 | 9 525 910 | 13 153 085 | 10 545 477 | 10 966 742 | 16 433 582 |
| Operating profit | -67 596 | 349 306 | -30 520 | -569 579 | -50 913 | -100 721 | -258 785 | -321 073 | 97 808 | 513 157 |
| Profit before income tax | -67 596 | 349 306 | -30 520 | -569 579 | -50 913 | -100 721 | -258 785 | -370 268 | 19 348 | 450 865 |
| Profit for the reporting year | -55 745 | 375 547 | -46 828 | -575 148 | -54 033 | -104 743 | -263 860 | -373 284 | 6800 | 441 220 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 16 | 15 | 15 | 15 | 14 | 14 | 14 | 13 | 13 | 11 |
| Calculated dividend | 0 | 0 | 0 | 898 005 | 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.
Connections graph
Click a node to see its other connections.
Related companies
Summary: Heidelberg Materials Latvija Cements SIA
Overview
Heidelberg Materials Latvija Cements SIA (reg. no. 40003661229) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Kroņu iela 5.
Financial results
Revenue in 2025 was 16 433 582 €, up 49,8% on the previous year (10 966 742 €). From 2016 to 2025, revenue grew by an average of 8,0% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 441 220 € (2,7% of revenue). The company was profitable in 3 of the 10 published years. In 2025 the company had 11 employees (13 a year earlier). Revenue per employee was 1 493 962 €. At the end of 2025, total assets were 6 147 318 € and equity 2 253 951 € (36,7% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Heidelberg Materials Northern Europe AB.
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.