SIA "Fristads Production"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 500 000 € (8% of equity at the end of the previous year).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 389 317 | 4 721 173 | 9 855 556 | 13 164 915 | 10 615 484 | 14 782 596 | 11 494 808 | 8 879 270 | 11 337 428 | 11 676 043 | 9 574 253 | 7 693 287 | 11 944 914 | 7 946 146 | 7 939 082 | 10 086 053 | 8 904 864 |
| Total non-current assets | 619 301 | 165 535 | 196 278 | 139 887 | 118 791 | 413 534 | 584 793 | 649 972 | 562 062 | 561 735 | 476 761 | 58 682 | 51 728 | 27 165 | 10 646 | 1638 | 1363 |
| Total assets | 1 008 618 | 4 886 708 | 10 051 834 | 13 304 802 | 10 734 275 | 15 196 130 | 12 079 601 | 9 529 242 | 11 899 490 | 12 237 778 | 10 051 014 | 7 751 969 | 11 996 642 | 7 973 311 | 7 949 728 | 10 087 691 | 8 906 227 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 112 934 | 3 784 901 | 8 148 512 | 11 198 167 | 8 490 767 | 11 595 745 | 8 269 160 | 5 365 892 | 7 773 314 | 7 715 184 | 5 324 841 | 2 551 272 | 6 361 764 | 1 960 237 | 1 931 087 | 3 645 341 | 2 274 455 |
| Non-current liabilities | 5032 | 5594 | 11 952 | 8596 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 117 966 | 3 790 495 | 8 160 464 | 11 206 763 | 8 490 767 | 11 595 745 | 8 269 160 | 5 365 892 | 7 773 314 | 7 715 184 | 5 324 841 | 2 551 272 | 6 361 764 | 1 960 237 | 1 931 087 | 3 645 341 | 2 274 455 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 55 112 | 191 861 | 792 157 | 206 069 | 149 969 | 384 687 | 205 099 | 403 396 | -37 174 | 396 418 | 203 579 | 284 468 | 444 276 | 427 443 | 318 020 | 491 970 | 689 422 |
| Total equity | 887 952 | 1 079 813 | 1 871 970 | 2 078 039 | 2 228 008 | 3 554 855 | 3 759 954 | 4 163 350 | 4 126 176 | 4 522 594 | 4 726 173 | 5 010 641 | 5 454 917 | 5 882 360 | 5 950 380 | 6 442 350 | 6 631 772 |
| Income statement | |||||||||||||||||
| Sales revenue | 2 171 724 | 4 459 546 | 11 845 582 | 19 999 164 | 19 930 309 | 27 317 840 | 25 450 789 | 22 408 195 | 21 087 714 | 20 618 418 | 24 356 707 | 12 999 418 | 15 532 693 | 17 232 870 | 11 198 132 | 14 094 742 | 13 556 745 |
| Operating profit | 67 023 | 239 905 | 1 002 555 | 428 824 | 402 368 | 694 021 | 415 273 | 565 665 | 249 071 | 519 421 | 278 265 | 345 641 | 461 426 | 463 177 | 286 914 | 455 180 | 653 996 |
| Profit before income tax | 66 591 | 226 154 | 933 418 | 236 274 | 205 305 | 462 046 | 244 193 | 479 188 | 157 354 | 404 006 | 205 214 | 285 475 | 444 680 | 428 027 | 318 597 | 492 778 | 690 444 |
| Profit for the reporting year | 55 112 | 191 861 | 792 157 | 206 069 | 149 969 | 384 687 | 205 099 | 403 396 | -37 174 | 396 418 | 203 579 | 284 468 | 444 276 | 427 443 | 318 020 | 491 970 | 689 422 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 120 | 126 | 162 | 160 | 152 | 147 | 145 | 152 | 206 | 216 | 214 | 116 | 21 | 21 | 21 | 22 | 23 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250 000 | 0 | 500 000 |
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 "Fristads Production"
Overview
SIA "Fristads Production" (reg. no. 40003693027) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Ķekavas nov., Ķekavas pag., Krustkalni, "Piepilsētas".
Financial results
Revenue in 2025 was 13 556 745 €, down 3,8% on the previous year (14 094 742 €). From 2009 to 2025, revenue grew by an average of 12,1% per year. Net profit for 2025 was 689 422 € (5,1% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 23 employees (22 a year earlier). Revenue per employee was 589 424 €. At the end of 2025, total assets were 8 906 227 € and equity 6 631 772 € (74,5% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Fristads 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.