Sabiedrība ar ierobežotu atbildību "GELAM"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 15 000 € (26% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 12 523 | 17 712 | 4479 | 9687 | 13 222 | 26 676 | 30 499 | 52 038 | 67 291 | 36 624 | 37 134 | 29 824 | 24 187 |
| Total non-current assets | 4972 | 17 922 | 28 627 | 23 632 | 12 820 | 23 617 | 18 053 | 29 347 | 19 538 | 50 729 | 45 846 | 55 666 | 52 366 |
| Total assets | 17 495 | 35 634 | 33 106 | 33 319 | 26 042 | 50 293 | 48 552 | 81 385 | 86 829 | 87 353 | 82 980 | 85 490 | 76 553 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 6310 | 0 | 16 268 | 17 570 | 15 003 | 34 008 | 25 596 | 34 491 | 17 307 | 19 428 | 21 269 | 27 278 | 23 679 |
| Non-current liabilities | 0 | 14 355 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 6310 | 14 355 | 16 268 | 17 570 | 15 003 | 34 008 | 25 596 | 34 491 | 17 307 | 19 428 | 21 269 | 27 278 | 23 679 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 169 | 5365 | 6663 | 5866 | 1057 | 6303 | 8116 | 30 241 | 30 628 | 18 402 | 13 786 | 16 501 | 9662 |
| Total equity | 11 185 | 21 279 | 16 838 | 15 749 | 11 039 | 16 285 | 22 956 | 46 894 | 69 522 | 67 925 | 61 711 | 58 212 | 52 874 |
| Income statement | |||||||||||||
| Sales revenue | 101 682 | 170 378 | 258 079 | 267 331 | 277 934 | 279 940 | 286 033 | 282 473 | 294 671 | 298 808 | 322 835 | 352 171 | 364 826 |
| Operating profit | 476 | 5365 | 6663 | 5866 | 1057 | 6303 | 8116 | 30 241 | 30 628 | 18 402 | 13 786 | 16 501 | 9662 |
| Profit before income tax | 169 | 5365 | 6663 | 5866 | 1057 | 6303 | 8116 | 30 241 | 30 628 | 18 402 | 13 786 | 16 501 | 9662 |
| Profit for the reporting year | 169 | 5365 | 6663 | 5866 | 1057 | 6303 | 8116 | 30 241 | 30 628 | 18 402 | 13 786 | 16 501 | 9662 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 22 | 22 | 19 | 18 | 18 | 17 | 17 | 18 | 18 | 18 | 17 | 17 | 17 |
| Calculated dividend | 0 | 0 | 11 104 | 6955 | 5767 | 1057 | 1445 | 6303 | 8000 | 19 999 | 20 000 | 20 000 | 15 000 |
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 "GELAM"
Overview
Sabiedrība ar ierobežotu atbildību "GELAM" (reg. no. 40103058412) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Latgales iela 256A.
Financial results
Revenue in 2025 was 364 826 €, up 3,6% on the previous year (352 171 €). From 2013 to 2025, revenue grew by an average of 11,2% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 9662 € (2,6% of revenue). The company was profitable in all 13 published years. In 2025 the company had 17 employees. Revenue per employee was 21 460 €. At the end of 2025, total assets were 76 553 € and equity 52 874 € (69,1% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.