SIA "KURLAND"Active
Key figures
Ratios
2025Balance sheet structure
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 | 59 994 | 256 614 | 154 307 | 233 198 | 249 921 | 79 425 | 127 439 | 70 723 | 41 476 | 97 149 | 60 081 | 128 288 | 47 697 | 14 459 | 15 508 |
| Total non-current assets | 276 585 | 284 200 | 464 085 | 740 308 | 798 955 | 874 158 | 781 575 | 690 851 | 630 870 | 570 740 | 896 952 | 869 755 | 801 570 | 734 433 | 722 939 |
| Total assets | 336 579 | 540 814 | 618 392 | 973 506 | 1 048 876 | 953 583 | 909 014 | 761 574 | 672 346 | 667 889 | 957 033 | 998 043 | 849 267 | 748 892 | 738 447 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 18 333 | 15 869 | 18 351 | 35 676 | 39 297 | 32 859 | 67 493 | 15 080 | 33 258 | 59 436 | 87 800 | 226 245 | 229 182 | 233 523 | 234 441 |
| Non-current liabilities | 214 967 | 435 395 | 478 730 | 791 688 | 795 796 | 784 614 | 773 431 | 756 247 | 733 882 | 951 238 | 1 124 853 | 1 078 291 | 1 031 730 | 985 113 | 950 250 |
| Total liabilities | 233 300 | 451 264 | 497 081 | 827 364 | 835 093 | 817 473 | 840 924 | 771 327 | 767 140 | 1 010 674 | 1 212 653 | 1 304 536 | 1 260 912 | 1 218 636 | 1 184 691 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -28 299 | -13 728 | 31 761 | -26 468 | 67 641 | -77 673 | -68 021 | -77 844 | -85 041 | -247 991 | 87 165 | -50 873 | -105 152 | -58 100 | 23 500 |
| Total equity | 103 279 | 89 550 | 121 311 | 146 142 | 213 783 | 136 110 | 68 090 | -9753 | -94 794 | -342 785 | -255 620 | -306 493 | -411 645 | -469 744 | -446 244 |
| Income statement | |||||||||||||||
| Sales revenue | 1473 | 17 205 | 170 220 | 135 889 | 217 526 | 100 228 | 121 771 | 114 638 | 102 810 | 234 588 | 78 226 | 99 869 | 87 175 | 23 746 | 51 775 |
| Operating profit | -28 299 | -13 728 | 32 406 | -25 973 | 68 149 | -77 673 | -68 021 | -77 834 | -85 041 | -244 725 | 95 721 | -47 663 | -99 976 | -52 910 | 28 695 |
| Profit before income tax | -28 299 | -13 728 | 32 406 | -25 973 | 68 149 | -77 673 | -68 021 | -77 834 | -85 041 | -247 283 | 87 198 | -50 873 | -104 117 | -57 062 | 24 539 |
| Profit for the reporting year | -28 299 | -13 728 | 31 761 | -26 468 | 67 641 | -77 673 | -68 021 | -77 844 | -85 041 | -247 991 | 87 165 | -50 873 | -105 152 | -58 100 | 23 500 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 3 | 5 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 4 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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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Summary: SIA "KURLAND"
Overview
SIA "KURLAND" (reg. no. 40003770684) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Talsu nov., Mērsraga pag., Mērsrags, Bākas iela 55.
Financial results
Revenue in 2025 was 51 775 €, up 118% on the previous year (23 746 €). From 2011 to 2025, revenue grew by an average of 29,0% per year. Net profit for 2025 was 23 500 € (45,4% of revenue). The company was profitable in 4 of the 15 published years. In 2025 the company had 5 employees. Revenue per employee was 10 355 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-446 244 €).
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.