Sabiedrība ar ierobežotu atbildību "GERMAN PRODUCTS BALTICS"Active

40003980400Limited liability companyFounded 2007

Key figures

20 707 463 €+22,7%
Revenue 2025
+21,0%
Average annual growth 2008–2025
010 m20 m30 m’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
05 m10 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 330 000 € (25% of equity at the end of the previous year).

History
2025330 000 €
2024600 000 €
20230 €
20220 €
2021607 000 €
2020156 918 €
20190 €
2018109 340 €
201783 400 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
20090 €
20080 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets409 780321 671416 473677 705934 1251 000 0622 409 6052 062 7032 167 0564 145 7614 682 4474 783 6266 517 5836 703 5105 884 7405 463 5917 096 8388 614 858
Total non-current assets122 07093 93489 90486 15375 76066 026192 272160 796104 99993 608197 49491 64699 62048 812123 280108 449133 942117 680
Total assets531 850415 605506 377763 8581 009 8851 066 0882 601 8772 223 4992 272 0554 239 3694 879 9414 875 2726 617 2036 752 3226 008 0205 572 0407 230 7808 732 538
Balance sheet — liabilities and equity
Current liabilities340 032278 152343 296551 415760 151933 3512 383 0581 847 6551 890 0873 930 8264 583 5754 078 7815 057 3805 950 7954 703 1983 969 7445 931 4297 264 399
Non-current liabilities378 955339 262331 349210 841212 46384 15980216364851000014140000
Total liabilities718 987617 414674 645762 256972 6141 017 5102 383 8601 849 2911 894 9383 930 8264 583 5754 078 7815 057 3805 952 2094 703 1983 969 7445 931 4297 264 399
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year-207 137-14 67233 54149 02030 6535862142 912151 599104 44214 82697 163500 125607 70678 102504 709297 474297 055498 788
Total equity-187 137-201 809-168 268160232 25540 396200 390350 780377 117308 543296 366796 4911 559 823800 1131 304 8221 602 2961 299 3511 468 139
Income statement
Sales revenue814 564995 3131 205 9141 851 0212 087 3243 138 9378 114 1948 512 1829 003 95112 935 59611 863 85716 313 66220 340 87216 265 38617 948 57018 003 84816 876 05020 707 463
Operating profit-176 10817 46669 90988 52253 86416 626171 947164 568133 41616 183138 432528 152665 800253 430534 652361 554509 028648 071
Profit before income tax-207 137-14 67236 02561 80239 0759130169 922167 454125 37413 34898 040501 268648 993229 871512 111301 977447 079581 654
Profit for the reporting year-207 137-14 67233 54149 02030 6535862142 912151 599104 44214 82697 163500 125607 70678 102504 709297 474297 055498 788
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees141414171820202319202633363131312828
Calculated dividend00000000083 400109 3400156 918607 00000600 000330 000

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
80%10%10%Sabiedrība ar ierobež…A.C. Haase Osthandels…Kārkliņš JānisŠtekels JānisHaase Albrecht Otto
CompanyPersonShareholderOther roleAdditional link

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.