Sabiedrība ar ierobežotu atbildību "GERMAN PRODUCTS BALTICS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 330 000 € (25% of equity at the end of the previous year).
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 409 780 | 321 671 | 416 473 | 677 705 | 934 125 | 1 000 062 | 2 409 605 | 2 062 703 | 2 167 056 | 4 145 761 | 4 682 447 | 4 783 626 | 6 517 583 | 6 703 510 | 5 884 740 | 5 463 591 | 7 096 838 | 8 614 858 |
| Total non-current assets | 122 070 | 93 934 | 89 904 | 86 153 | 75 760 | 66 026 | 192 272 | 160 796 | 104 999 | 93 608 | 197 494 | 91 646 | 99 620 | 48 812 | 123 280 | 108 449 | 133 942 | 117 680 |
| Total assets | 531 850 | 415 605 | 506 377 | 763 858 | 1 009 885 | 1 066 088 | 2 601 877 | 2 223 499 | 2 272 055 | 4 239 369 | 4 879 941 | 4 875 272 | 6 617 203 | 6 752 322 | 6 008 020 | 5 572 040 | 7 230 780 | 8 732 538 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 340 032 | 278 152 | 343 296 | 551 415 | 760 151 | 933 351 | 2 383 058 | 1 847 655 | 1 890 087 | 3 930 826 | 4 583 575 | 4 078 781 | 5 057 380 | 5 950 795 | 4 703 198 | 3 969 744 | 5 931 429 | 7 264 399 |
| Non-current liabilities | 378 955 | 339 262 | 331 349 | 210 841 | 212 463 | 84 159 | 802 | 1636 | 4851 | 0 | 0 | 0 | 0 | 1414 | 0 | 0 | 0 | 0 |
| Total liabilities | 718 987 | 617 414 | 674 645 | 762 256 | 972 614 | 1 017 510 | 2 383 860 | 1 849 291 | 1 894 938 | 3 930 826 | 4 583 575 | 4 078 781 | 5 057 380 | 5 952 209 | 4 703 198 | 3 969 744 | 5 931 429 | 7 264 399 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -207 137 | -14 672 | 33 541 | 49 020 | 30 653 | 5862 | 142 912 | 151 599 | 104 442 | 14 826 | 97 163 | 500 125 | 607 706 | 78 102 | 504 709 | 297 474 | 297 055 | 498 788 |
| Total equity | -187 137 | -201 809 | -168 268 | 1602 | 32 255 | 40 396 | 200 390 | 350 780 | 377 117 | 308 543 | 296 366 | 796 491 | 1 559 823 | 800 113 | 1 304 822 | 1 602 296 | 1 299 351 | 1 468 139 |
| Income statement | ||||||||||||||||||
| Sales revenue | 814 564 | 995 313 | 1 205 914 | 1 851 021 | 2 087 324 | 3 138 937 | 8 114 194 | 8 512 182 | 9 003 951 | 12 935 596 | 11 863 857 | 16 313 662 | 20 340 872 | 16 265 386 | 17 948 570 | 18 003 848 | 16 876 050 | 20 707 463 |
| Operating profit | -176 108 | 17 466 | 69 909 | 88 522 | 53 864 | 16 626 | 171 947 | 164 568 | 133 416 | 16 183 | 138 432 | 528 152 | 665 800 | 253 430 | 534 652 | 361 554 | 509 028 | 648 071 |
| Profit before income tax | -207 137 | -14 672 | 36 025 | 61 802 | 39 075 | 9130 | 169 922 | 167 454 | 125 374 | 13 348 | 98 040 | 501 268 | 648 993 | 229 871 | 512 111 | 301 977 | 447 079 | 581 654 |
| Profit for the reporting year | -207 137 | -14 672 | 33 541 | 49 020 | 30 653 | 5862 | 142 912 | 151 599 | 104 442 | 14 826 | 97 163 | 500 125 | 607 706 | 78 102 | 504 709 | 297 474 | 297 055 | 498 788 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 14 | 14 | 14 | 17 | 18 | 20 | 20 | 23 | 19 | 20 | 26 | 33 | 36 | 31 | 31 | 31 | 28 | 28 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83 400 | 109 340 | 0 | 156 918 | 607 000 | 0 | 0 | 600 000 | 330 000 |
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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Summary: Sabiedrība ar ierobežotu atbildību "GERMAN PRODUCTS BALTICS"
Overview
Sabiedrība ar ierobežotu atbildību "GERMAN PRODUCTS BALTICS" (reg. no. 40003980400) is a limited liability company. The company was registered in 2007 and has been in the register for 18 years. Registered address: Rīga, Rencēnu iela 10A.
Financial results
Revenue in 2025 was 20 707 463 €, up 22,7% on the previous year (16 876 050 €). From 2008 to 2025, revenue grew by an average of 21,0% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 498 788 € (2,4% of revenue). The company was profitable in 16 of the 18 published years. In 2025 the company had 28 employees. Revenue per employee was 739 552 €. At the end of 2025, total assets were 8 732 538 € and equity 1 468 139 € (16,8% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (80%) is held by A.C. Haase Osthandelsgesellschaft mbH.
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.