Lauksaimniecības pakalpojumu kooperatīvā sabiedrība "Piena ceļš"Reorganised

40003662402Cooperative societyFounded 2004

Key figures

22 889 606 €-9,1%
Revenue 2018
+3,2%
Average annual growth 2011–2018
010 m20 m30 m40 m20112012201320142015201620172018

Ratios

2018
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 m15 m20112012201320142015201620172018

Dividends

from the report
2018

No dividends were paid.

History
20180 €
201725 184 €
201611 873 €
201530 256 €
201475 069 €
20131906 €
201263 992 €
20110 €
Summary of financial statements2011–2018
20112012201320142015201620172018
Balance sheet — assets
Total current assets2 321 5552 646 3502 474 2563 340 2062 986 1812 830 6363 213 7283 342 362
Total non-current assets3 936 1016 823 7516 457 4448 569 2068 335 0187 340 6016 718 9886 381 900
Total assets6 257 6569 470 1018 931 70011 909 41211 321 19910 171 2379 932 7169 724 262
Balance sheet — liabilities and equity
Current liabilities1 993 1053 099 6933 568 4885 317 0635 586 1575 610 7073 713 9013 371 636
Non-current liabilities2 275 5714 328 0223 176 9923 175 5412 130 90338 7394 655 3793 261 878
Total liabilities4 268 6767 427 7156 745 4808 492 6047 717 0605 649 4468 369 2806 633 514
Share capital————————
Retained earnings of previous periods————————
Profit for the year333 1233879139 226348 278204 6611 171 204-1 148 808489 436
Total equity1 933 7401 966 5972 157 5373 374 8013 531 6574 518 7911 531 2673 090 748
Income statement
Sales revenue18 411 44819 827 15822 541 29230 391 42027 683 96824 640 84625 183 04822 889 606
Operating profit451 70394 215173 712390 348320 8171 152 967-753 61332 999
Profit before income tax371 411-81 404139 226348 278227 3421 259 528-592 024489 491
Profit for the reporting year333 1233879139 226348 278204 6611 171 204-1 148 808489 436
Labour costs————————
Depreciation of non-current assets————————
Other indicators
Employees8895102128136165164141
Calculated dividend063 992190675 06930 25611 87325 1840

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
75,01%Lauksaimniecības paka…SIA "Agrera"
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Lauksaimniecības pakalpojumu kooperatīvā sabiedrība "Piena ceļš"

Overview

Lauksaimniecības pakalpojumu kooperatīvā sabiedrība "Piena ceļš" (reg. no. 40003662402) is a cooperative society. The company was registered in 2004. Status in the register: reorganised. Removed from the register on 11.03.2020. Registered address: Rīga, Daudzeses iela 6C - 33.

Financial results

Revenue in 2018 was 22 889 606 €, down 9,1% on the previous year (25 183 048 €). From 2011 to 2018, revenue grew by an average of 3,2% per year. Net profit for 2018 was 489 436 € (2,1% of revenue). The company was profitable in 7 of the 8 published years. In 2018 the company had 141 employees (164 a year earlier). Revenue per employee was 162 338 €. At the end of 2018, total assets were 9 724 262 € and equity 3 090 748 € (31,8% of assets).

Management and owners

The company holds a stake in one other active Latvian company.

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.