SIA "GM HELICOPTERS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 170 477 | 70 246 | 129 590 | 746 779 | 450 468 | 1 336 119 | 562 044 | 621 761 | 570 633 | 696 076 | 1 352 108 | 2 343 746 | 2 608 298 | 1 733 107 | 1 925 009 |
| Total non-current assets | 1 441 451 | 1 681 434 | 1 529 816 | 2 732 974 | 4 720 558 | 5 286 663 | 6 250 527 | 4 831 527 | 4 233 696 | 3 796 297 | 3 271 500 | 2 521 743 | 2 560 945 | 2 114 438 | 1 679 919 |
| Total assets | 1 611 928 | 1 751 680 | 1 659 406 | 3 479 753 | 5 171 026 | 6 622 782 | 6 812 571 | 5 453 288 | 4 804 329 | 4 492 373 | 4 623 608 | 4 865 489 | 5 169 243 | 3 847 545 | 3 604 928 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 1 128 908 | 1 099 720 | 1 032 718 | 2 294 869 | 2 797 900 | 3 698 071 | 4 280 551 | 1 230 374 | 1 356 116 | 1 021 486 | 786 827 | 648 875 | 220 366 | 609 565 | 232 779 |
| Non-current liabilities | 81 713 | 81 402 | 77 558 | 93 272 | 196 015 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 210 621 | 1 181 122 | 1 110 276 | 2 388 141 | 2 993 915 | 3 698 071 | 4 280 551 | 1 230 374 | 1 356 116 | 1 021 486 | 786 827 | 648 875 | 220 366 | 609 565 | 232 779 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -72 121 | 169 251 | -21 428 | 276 011 | 1 079 677 | 786 716 | -392 691 | 1 940 890 | 25 298 | 22 674 | 365 896 | 379 833 | 732 263 | -198 563 | 134 169 |
| Total equity | 401 307 | 570 558 | 549 130 | 1 057 360 | 2 137 031 | 2 924 711 | 2 532 020 | 4 222 914 | 3 448 213 | 3 470 887 | 3 836 781 | 4 216 614 | 4 948 877 | 3 237 980 | 3 372 149 |
| Income statement | |||||||||||||||
| Sales revenue | 996 258 | 1 334 835 | 1 204 701 | 3 429 796 | 4 150 767 | 3 508 737 | 2 533 835 | 2 914 832 | 1 992 251 | 2 374 000 | 2 802 696 | 2 830 871 | 2 696 261 | 1 954 286 | 2 152 517 |
| Operating profit | -57 634 | 172 724 | -48 936 | 322 724 | 1 291 999 | 824 975 | -392 691 | 1 948 497 | 33 540 | 29 146 | 368 715 | 383 111 | 730 204 | -129 267 | 132 712 |
| Profit before income tax | -65 766 | 184 038 | -24 729 | 322 724 | 1 291 999 | 824 975 | -392 691 | 1 948 497 | 33 540 | 29 146 | 368 715 | 383 111 | 733 570 | -122 608 | 135 050 |
| Profit for the reporting year | -72 121 | 169 251 | -21 428 | 276 011 | 1 079 677 | 786 716 | -392 691 | 1 940 890 | 25 298 | 22 674 | 365 896 | 379 833 | 732 263 | -198 563 | 134 169 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 35 | 35 | 35 | 51 | 52 | 53 | 56 | 53 | 48 | 47 | 42 | 41 | 39 | 39 | 36 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 000 | 80 000 | 0 | 0 | 0 | 0 | 1 512 334 | 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: SIA "GM HELICOPTERS"
Overview
SIA "GM HELICOPTERS" (reg. no. 40003672025) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Ogres nov., Jumpravas pag., "M Sola".
Financial results
Revenue in 2025 was 2 152 517 €, up 10,1% on the previous year (1 954 286 €). From 2011 to 2025, revenue grew by an average of 5,7% per year. Net profit for 2025 was 134 169 € (6,2% of revenue). The company was profitable in 11 of the 15 published years. In 2025 the company had 36 employees (39 a year earlier). Revenue per employee was 59 792 €. At the end of 2025, total assets were 3 604 928 € and equity 3 372 149 € (93,5% of assets).
Management and owners
The board has 5 members. According to the register, the company has 5 owners. The largest stake (35%) is held by 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.