SIA "Genarts"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 7016 | 8482 | 12 699 | 12 699 | 16 789 | 18 874 | 14 187 | 12 308 | 22 523 | 10 748 | 10 710 | 8319 | 11 175 | 26 555 | 35 872 | 35 221 |
| Total non-current assets | 24 449 | 20 228 | 17 458 | 17 458 | 22 695 | 21 702 | 18 647 | 17 992 | 18 703 | 19 903 | 31 470 | 49 271 | 43 013 | 60 620 | 57 772 | 40 580 |
| Total assets | 31 465 | 28 710 | 30 157 | 30 157 | 39 484 | 40 576 | 32 834 | 30 300 | 41 226 | 30 651 | 42 180 | 57 590 | 54 188 | 87 175 | 93 644 | 75 801 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 0 | 79 490 | 100 711 | 100 711 | 167 242 | 175 122 | 167 591 | 160 402 | 165 522 | 157 920 | 167 886 | 182 107 | 24 839 | 26 651 | 34 193 | 28 421 |
| Non-current liabilities | 57 879 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 145 000 | 225 500 | 213 000 | 191 985 |
| Total liabilities | 57 879 | 79 490 | 100 711 | 100 711 | 167 242 | 175 122 | 167 591 | 160 402 | 165 522 | 157 920 | 167 886 | 182 107 | 169 839 | 252 151 | 247 193 | 220 406 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -7828 | -24 927 | -18 977 | -18 977 | -11 087 | -6788 | -211 | 4655 | 5806 | -2973 | 1563 | 1189 | 8916 | -49 325 | 11 427 | 8944 |
| Total equity | -27 888 | -52 815 | -71 793 | -71 793 | -127 758 | -134 546 | -134 757 | -130 102 | -124 296 | -127 269 | -125 706 | -124 517 | -115 651 | -164 976 | -153 549 | -144 605 |
| Income statement | ||||||||||||||||
| Sales revenue | 45 331 | 40 255 | 49 937 | 49 937 | 120 026 | 107 381 | 119 169 | 146 558 | 155 083 | 106 471 | 126 940 | 118 584 | 192 648 | 222 530 | 362 526 | 375 197 |
| Operating profit | -7255 | -24 141 | -17 866 | -17 866 | -11 087 | -6788 | -211 | 4919 | 5806 | -2973 | 1563 | 1189 | 8916 | -48 182 | 18 685 | 15 161 |
| Profit before income tax | -7828 | -24 927 | -18 977 | -18 977 | -11 087 | -6788 | -211 | 4919 | 5806 | -2973 | 1563 | 1189 | 8916 | -49 325 | 11 427 | 8944 |
| Profit for the reporting year | -7828 | -24 927 | -18 977 | -18 977 | -11 087 | -6788 | -211 | 4655 | 5806 | -2973 | 1563 | 1189 | 8916 | -49 325 | 11 427 | 8944 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 9 | 9 | 9 | 9 | 20 | 24 | 26 | 24 | 23 | 21 | 24 | 16 | 9 | 8 | 8 | 9 |
| Calculated dividend | — | 0 | 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 "Genarts"
Overview
SIA "Genarts" (reg. no. 40003838169) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Braslas iela 53 - 86.
Financial results
Revenue in 2025 was 375 197 €, up 3,5% on the previous year (362 526 €). From 2010 to 2025, revenue grew by an average of 15,1% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 8944 € (2,4% of revenue). The company was profitable in 7 of the 16 published years. In 2025 the company had 9 employees (8 a year earlier). Revenue per employee was 41 689 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-144 605 €).
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.