SIA "Grotes AB"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 122 450 | 176 338 | 250 813 | 314 909 | 301 041 | 293 344 | 388 423 | 447 623 | 541 406 | 380 974 | 551 191 | 419 790 | 436 221 | 642 566 | 1 063 694 | 854 578 | 772 561 | 1 008 909 |
| Total non-current assets | 356 517 | 312 673 | 336 669 | 289 124 | 363 474 | 390 594 | 606 422 | 587 676 | 535 777 | 780 827 | 1 127 881 | 1 307 195 | 1 234 166 | 1 305 355 | 1 821 340 | 2 068 002 | 2 259 240 | 2 102 333 |
| Total assets | 478 967 | 489 011 | 587 482 | 604 033 | 664 515 | 683 938 | 994 845 | 1 035 299 | 1 077 183 | 1 161 801 | 1 679 072 | 1 726 985 | 1 670 387 | 1 947 921 | 2 885 034 | 2 922 580 | 3 031 801 | 3 111 242 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 157 204 | 220 470 | 269 038 | 233 423 | 231 381 | 186 137 | 273 210 | 234 643 | 267 502 | 287 302 | 192 206 | 486 755 | 398 321 | 364 313 | 431 510 | 441 346 | 536 126 | 417 227 |
| Non-current liabilities | 92 407 | 259 482 | 219 011 | 201 134 | 193 816 | 188 493 | 268 477 | 303 042 | 240 821 | 234 034 | 202 236 | 202 236 | 202 236 | 202 236 | 192 536 | 178 071 | 178 071 | 203 071 |
| Total liabilities | 249 611 | 479 952 | 488 049 | 434 557 | 425 197 | 374 630 | 541 687 | 537 685 | 508 323 | 521 336 | 394 442 | 688 991 | 600 557 | 566 549 | 624 046 | 619 417 | 714 197 | 620 298 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 136 467 | -12 941 | 90 374 | 70 043 | 69 841 | 69 990 | 9847 | 44 456 | 62 025 | 71 605 | 644 165 | 3365 | 32 029 | 311 542 | 879 616 | 42 175 | 14 441 | 173 340 |
| Total equity | 229 356 | 9059 | 99 433 | 169 476 | 239 318 | 309 308 | 453 158 | 497 614 | 568 860 | 640 465 | 1 284 630 | 1 037 994 | 1 069 830 | 1 381 372 | 2 260 988 | 2 303 163 | 2 317 604 | 2 490 944 |
| Income statement | ||||||||||||||||||
| Sales revenue | 577 209 | 582 245 | 1 232 304 | 1 254 306 | 1 255 073 | 1 454 598 | 2 278 453 | 2 113 635 | 2 948 089 | 2 503 874 | 3 664 391 | 2 656 326 | 2 263 557 | 3 339 185 | 5 426 575 | 4 314 984 | 3 930 332 | 4 102 214 |
| Operating profit | 160 036 | -13 231 | 99 332 | 81 085 | 78 726 | 81 012 | 20 761 | 52 298 | 80 946 | 78 935 | 643 735 | 3478 | 32 143 | 312 032 | 879 741 | 42 311 | 15 122 | 173 350 |
| Profit before income tax | 159 796 | -13 610 | 99 392 | 82 337 | 79 398 | 81 144 | 12 761 | 52 298 | 76 446 | 78 935 | 644 410 | 3478 | 32 143 | 312 032 | 879 741 | 42 311 | 15 122 | 173 350 |
| Profit for the reporting year | 136 467 | -12 941 | 90 374 | 70 043 | 69 841 | 69 990 | 9847 | 44 456 | 62 025 | 71 605 | 644 165 | 3365 | 32 029 | 311 542 | 879 616 | 42 175 | 14 441 | 173 340 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 6 | 7 | 10 | 13 | 13 | 14 | 15 | 15 | 16 | 19 | 21 | 21 | 22 | 24 | 22 | 22 | 25 | 25 |
| Calculated dividend | 0 | 120 000 | 0 | 0 | 46 536 | 17 928 | 32 574 | 0 | 0 | 0 | 0 | 250 001 | 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 "Grotes AB"
Overview
SIA "Grotes AB" (reg. no. 40003804209) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Brīvības gatve 373 - 19.
Financial results
Revenue in 2025 was 4 102 214 €, up 4,4% on the previous year (3 930 332 €). From 2008 to 2025, revenue grew by an average of 12,2% per year. Net profit for 2025 was 173 340 € (4,2% of revenue). The company was profitable in 17 of the 18 published years. In 2025 the company had 25 employees. Revenue per employee was 164 089 €. At the end of 2025, total assets were 3 111 242 € and equity 2 490 944 € (80,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.