SIA "FRF"Active

40003812189Limited liability companyFounded 2006

Key figures

262 572 €-5,7%

Revenue 2025

-1,1%

Average annual change 2014–2025

Ratios

2025

16,9%

Profit margin

15,8%

Equity ratio

0,3×

Current ratio

10,3%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2014–2025

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	50 917	66 571	90 474	89 870	94 870	78 629	102 642	87 111	70 821	39 901	131 113	63 383
Total non-current assets	6 457 952	6 405 037	6 340 231	6 266 577	6 192 232	6 146 742	6 073 544	6 014 881	5 877 473	2 661 322	2 725 880	2 643 339
Total assets	6 508 869	6 471 608	6 430 705	6 356 447	6 287 102	6 225 371	6 176 186	6 101 992	5 948 294	2 701 223	2 856 993	2 706 722
Balance sheet — liabilities and equity
Current liabilities	244 761	242 604	247 830	243 215	240 159	240 958	252 124	318 729	308 478	284 057	270 947	205 060
Non-current liabilities	3 823 564	3 652 181	3 480 942	3 309 437	3 138 053	2 966 671	2 825 063	2 661 807	2 477 846	2 052 483	2 201 505	2 072 838
Total liabilities	4 068 325	3 894 785	3 728 772	3 552 652	3 378 212	3 207 629	3 077 187	2 980 536	2 786 324	2 336 540	2 472 452	2 277 898
Share capital	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	132 563	136 003	125 995	101 862	105 095	108 852	81 257	22 457	40 514	-2 797 287	19 858	44 283
Total equity	2 439 936	2 575 938	2 701 933	2 803 795	2 908 890	3 017 742	3 098 999	3 121 456	3 161 970	364 683	384 541	428 824
Income statement
Sales revenue	297 164	318 379	298 682	286 828	281 200	302 887	283 614	255 973	276 631	248 447	278 442	262 572
Operating profit	106 279	116 827	92 962	78 800	79 997	79 456	43 182	-16 384	6969	-2 810 784	40 504	52 575
Profit before income tax	149 296	152 736	125 995	103 044	105 095	108 858	81 257	22 457	40 514	-2 797 287	19 858	44 521
Profit for the reporting year	132 563	136 003	125 995	101 862	105 095	108 852	81 257	22 457	40 514	-2 797 287	19 858	44 283
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	6	6	6	6	7	6	6	6	6	6	6	7
Calculated dividend	—	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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Shared members or board members

SIA "ART MANAGEMENT" — 2 shared people
SIA "Egļu Ciemats" — 2 shared people
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Sabiedrība ar ierobežotu atbildību "GRANT MANAGEMENT BALTIKA" — 2 shared people
SIA "FZ Invest"

Same registered address

Summary: SIA "FRF"

Overview

SIA "FRF" (reg. no. 40003812189) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Krišjāņa Barona iela 32.

Financial results

Revenue in 2025 was 262 572 €, down 5,7% on the previous year (278 442 €). From 2014 to 2025, revenue declined by an average of 1,1% per year. Net profit for 2025 was 44 283 € (16,9% of revenue). The company was profitable in 11 of the 12 published years. In 2025 the company had 7 employees (6 a year earlier). Revenue per employee was 37 510 €. At the end of 2025, total assets were 2 706 722 € and equity 428 824 € (15,8% of assets).

Management and owners

The board has 2 members. 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.