SIA "Freeair"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 6700 € (6% 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).
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 | 10 328 | 8532 | 22 519 | 18 585 | 35 926 | 46 257 | 55 540 | 20 809 | 26 687 | 54 381 | 143 420 | 146 815 | 163 877 | 210 100 | 190 288 | 137 518 |
| Total non-current assets | 13 618 | 8116 | 2011 | 4480 | 4875 | 4333 | 4898 | 5611 | 4339 | 5051 | 5310 | 4232 | 2468 | 1000 | 7480 | 3509 |
| Total assets | 23 946 | 16 648 | 24 530 | 23 065 | 40 801 | 50 590 | 60 438 | 26 420 | 31 026 | 59 432 | 148 730 | 151 047 | 166 345 | 211 100 | 197 768 | 141 027 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 13 489 | 14 345 | 20 967 | 13 430 | 19 047 | 21 102 | 26 547 | 20 361 | 20 514 | 40 952 | 28 687 | 9758 | 82 098 | 91 676 | 76 586 | 85 904 |
| Non-current liabilities | 21 039 | 3760 | 710 | 6210 | 3621 | 620 | 0 | 0 | 0 | 4000 | 4000 | 4000 | 4000 | 4000 | 4000 | 4000 |
| Total liabilities | 34 528 | 18 105 | 21 677 | 19 640 | 22 668 | 21 722 | 26 547 | 20 361 | 20 514 | 44 952 | 32 687 | 13 758 | 86 098 | 95 676 | 80 586 | 89 904 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5543 | 9125 | 4310 | 572 | 13 261 | 10 752 | 5023 | 3231 | 4453 | 3968 | 107 214 | 27 246 | -53 042 | 78 177 | 56 845 | -59 359 |
| Total equity | -10 582 | -1457 | 2853 | 3425 | 18 133 | 28 868 | 33 891 | 6059 | 10 512 | 14 480 | 116 043 | 137 289 | 80 247 | 115 424 | 117 182 | 51 123 |
| Income statement | ||||||||||||||||
| Sales revenue | 23 880 | 46 780 | 81 420 | 65 508 | 154 330 | 88 072 | 140 154 | 162 615 | 115 900 | 186 707 | 450 783 | 220 901 | 191 552 | 447 337 | 412 649 | 174 112 |
| Operating profit | -5543 | 9422 | 5818 | 802 | 15 548 | 12 654 | 5918 | 5165 | 4453 | 3968 | 107 819 | 28 779 | -52 042 | 88 942 | 70 095 | -57 684 |
| Profit before income tax | -5543 | 9422 | 5818 | 802 | 15 548 | 12 654 | 5918 | 5165 | 4453 | 3968 | 107 819 | 28 779 | -52 042 | 88 942 | 70 095 | -57 684 |
| Profit for the reporting year | -5543 | 9125 | 4310 | 572 | 13 261 | 10 752 | 5023 | 3231 | 4453 | 3968 | 107 214 | 27 246 | -53 042 | 78 177 | 56 845 | -59 359 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 4 | 4 | 4 | 5 | 4 | 3 | 3 | 3 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 31 063 | 0 | 0 | 5651 | 6000 | 4000 | 43 000 | 55 087 | 6700 |
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 "Freeair"
Overview
SIA "Freeair" (reg. no. 40003974495) is a limited liability company. The company was registered in 2007 and has been in the register for 18 years. Registered address: Rīga, Mellužu iela 18.
Financial results
Revenue in 2025 was 174 112 €, down 57,8% on the previous year (412 649 €). From 2010 to 2025, revenue grew by an average of 14,2% per year. 2025 ended with a loss of 59 359 €. The company was profitable in 13 of the 16 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 29 019 €. At the end of 2025, total assets were 141 027 € and equity 51 123 € (36,3% 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.