Sabiedrība ar ierobežotu atbildību "Farels Solutions"Active

40003888117Limited liability companyFounded 2007

Key figures

163 076 €-7,0%
Revenue 2025
+19,1%
Average annual growth 2008–2025
050 k100 k150 k200 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
2021 ~10 001 €
2020 ~6250 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
20090 €
20080 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets50282979648925 99435 80024 89775 97460 95069 44886 24056 90096 507122 788124 92151 81342 73849 45325 963
Total non-current assets38263046175717475075748787598844461515 24815 19210 350899920 35820 69116 38411 67622 084
Total assets88546025824627 74140 87532 38484 73369 79474 063101 48872 092106 857131 787145 27972 50459 12261 12948 047
Balance sheet — liabilities and equity
Current liabilities22 27820 70322 24921 60011 708185688784075672911 53112 34910 85720 57345 44735 71856 69567 09953 335
Non-current liabilities000000000000000000
Total liabilities22 27820 70322 24921 60011 708185688784075672911 53112 34910 85720 57345 44735 71856 69567 09953 335
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year-13 995-125367519 75422 753136132 417-10 136255922 623-30 21436 25721 464-1381-63 046-34 359-8397682
Total equity-13 424-14 678-14 003575128 50429 86574 91164 77567 33489 95759 74396 000111 21499 83236 7862427-5970-5288
Income statement
Sales revenue8326401012 23137 38142 42053 09265 48449 66690 923138 05795 295133 89095 02790 77598 267130 990175 322163 076
Operating profit-13 533-125367520 87926 654141138 657-10 131255925 500-30 21436 83722 8451176-63 046-34 071-7906682
Profit before income tax-13 995-125367520 87926 654137938 267-10 136255925 500-30 21436 83722 8451176-63 046-34 071-8019682
Profit for the reporting year-13 995-125367519 75422 753136132 417-10 136255922 623-30 21436 25721 464-1381-63 046-34 359-8397682
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees222222222333444444
Calculated dividend000000000000625010 0010000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%Sabiedrība ar ierobež…Miķelsone Ilze
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Sabiedrība ar ierobežotu atbildību "Farels Solutions"

Overview

Sabiedrība ar ierobežotu atbildību "Farels Solutions" (reg. no. 40003888117) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Ādažu nov., Ādaži, Ūbeļu iela 3 - 34.

Financial results

Revenue in 2025 was 163 076 €, down 7,0% on the previous year (175 322 €). From 2008 to 2025, revenue grew by an average of 19,1% per year. Net profit for 2025 was 682 € (0,4% of revenue). The company was profitable in 10 of the 18 published years. In 2025 the company had 4 employees. Revenue per employee was 40 769 €.

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 (-5288 €).

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.