Garāžu īpašnieku kooperatīvā sabiedrība "PROGRESS"Active

40103101170Cooperative societyFounded 1993

Key figures

75 341 €-8,7%
Revenue 2025
+4,7%
Average annual growth 2010–2025
025 k50 k75 k100 k’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
050 k100 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
2020 ~54 600 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets11 67414 18913 17910 53619 31922 92332 58634 30842 82527 61271 09072 48074 39766 08863 56065 985
Total non-current assets39 62039 11038 63337 80852 94752 88152 74453 15854 85154 76193777027429615430
Total assets51 29453 29951 81248 34472 26675 80485 33087 46697 67682 37372 02773 25074 67166 38463 71466 015
Balance sheet — liabilities and equity
Current liabilities601465386340367642234238369333754213503449 58449 77748 88849 41247 64647 354
Non-current liabilities0000000000000000
Total liabilities601465386340367642234238369333754213503449 58449 77748 88849 41247 64647 354
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year61361481-1289-80344863523807230478650-17 460-388381169-9832-6052824
Total equity45 28046 76145 47244 66868 04371 56679 63882 68592 42974 96919 98120 01921 18811 35610 75813 582
Income statement
Sales revenue37 89435 94936 80740 64159 73060 28159 68063 32663 39359 60560 42561 38863 37062 01182 50275 341
Operating profit75693427134496070056049793325808765-17 456-388381169-9832-6052824
Profit before income tax75783427134496069956032807230478650-17 460-388381169-9832-6052824
Profit for the reporting year61361481-1289-80344863523807230478650-17 460-388381169-9832-6052824
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees8877777743334443
Calculated dividend000000000054 60000000

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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Garāžu īpašnieku koop…Spalvis OskarsKrustāns Rolands1Otrohovs RomānsSveklistenkovs Eduards1Veidiņš Pēteris
CompanyPersonShareholderOther roleAdditional link

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Summary: Garāžu īpašnieku kooperatīvā sabiedrība "PROGRESS"

Overview

Garāžu īpašnieku kooperatīvā sabiedrība "PROGRESS" (reg. no. 40103101170) is a cooperative society. The company was registered in 1993 and has been in the register for 33 years. Registered address: Rīga, Spāres iela 12.

Financial results

Revenue in 2025 was 75 341 €, down 8,7% on the previous year (82 502 €). From 2010 to 2025, revenue grew by an average of 4,7% per year. Net profit for 2025 was 2824 € (3,7% of revenue). The company was profitable in 10 of the 16 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 25 114 €. At the end of 2025, total assets were 66 015 € and equity 13 582 € (20,6% of assets).

Management and owners

The board has 5 members.

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.