Sabiedrība ar ierobežotu atbildību "Scandic Fusion"Active

40003908470Limited liability companyFounded 2007

Key figures

7 536 576 €+21,1%
Revenue 2025
+25,4%
Average annual growth 2011–2025
02 m4 m6 m8 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m6 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 600 000 € (30% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~600 000 €
2024 ~1 199 999 €
2023 ~1 508 254 €
2022 ~1 511 076 €
2021 ~1 835 113 €
2020 ~1 745 657 €
2019 ~656 402 €
2018 ~700 000 €
2017 ~690 100 €
2016 ~538 274 €
2015300 000 €
2014142 287 €
2013 ~62 729 €
2012 ~74 648 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets226 911346 318407 652849 4441 403 5471 491 8141 573 3341 898 6952 688 5132 537 1332 397 0452 285 4262 197 6162 019 1952 979 441
Total non-current assets14 66429 66028 90936 11173 08871 30288 078263 664204 448132 91397 181255 312213 723749 2631 174 443
Total assets241 575375 978436 561885 5551 476 6351 563 1161 661 4122 162 3592 892 9612 670 0462 494 2262 540 7382 411 3392 768 4584 153 884
Balance sheet — liabilities and equity
Current liabilities78 025118 34358 35974 132170 850213 050302 170260 846305 054373 154602 285652 243666 632764 999937 389
Non-current liabilities0010214852700000000084 438
Total liabilities78 025118 34359 38074 617170 877213 050302 170260 846305 054373 154602 285652 243666 632764 9991 021 827
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year149 294169 539180 925411 090780 927611 399699 2761 242 2711 342 7961 454 6421 430 1621 507 6301 364 4661 458 7511 728 598
Total equity157 439252 330370 526796 0141 276 9411 350 0661 359 2421 901 5132 587 9072 296 8921 891 9411 888 4951 744 7072 003 4593 132 057
Income statement
Sales revenue317 302451 564527 0981 040 5931 599 4171 705 1312 060 2872 857 6873 481 4054 005 3404 424 8065 274 3545 546 9606 224 4717 536 576
Operating profit175 834198 529214 078483 661907 542711 084813 9071 242 2711 349 4491 883 2941 866 7201 822 8401 641 4331 671 4981 813 645
Profit before income tax175 647198 529214 078483 661907 542711 084813 9071 242 2711 349 4491 883 2941 866 7201 822 8401 641 4331 682 3801 856 741
Profit for the reporting year149 294169 539180 925411 090780 927611 399699 2761 242 2711 342 7961 454 6421 430 1621 507 6301 364 4661 458 7511 728 598
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees81012172225323744455064727280
Calculated dividend—74 64862 729142 287300 000538 274690 100700 000656 4021 745 6571 835 1131 511 0761 508 2541 199 999600 000

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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51,96%19%19%5,03%2,5%2,5%Sabiedrība ar ierobež…1Vītols KārlisBērziņš Mārtiņš1Kagaine LīgaBlaumanis RaivisPīrāga DarjaVīnups-Šakars Rimants
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "Scandic Fusion"

Overview

Sabiedrība ar ierobežotu atbildību "Scandic Fusion" (reg. no. 40003908470) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Bērzaunes iela 9.

Financial results

Revenue in 2025 was 7 536 576 €, up 21,1% on the previous year (6 224 471 €). From 2011 to 2025, revenue grew by an average of 25,4% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 1 728 598 € (22,9% of revenue). The company was profitable in all 15 published years. In 2025 the company had 80 employees (72 a year earlier). Revenue per employee was 94 207 €. At the end of 2025, total assets were 4 153 884 € and equity 3 132 057 € (75,4% of assets).

Management and owners

The board has 3 members. According to the register, the company has 6 owners. The largest stake (52%) is held by 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.