SIA "Latpass Aviolīnijas"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 50 000 € (34% 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 | 13 707 | 64 760 | 71 609 | 70 043 | 133 794 | 145 988 | 93 425 | 49 710 | 60 656 | 79 469 | 56 511 | 54 064 | 49 673 | 82 443 | 93 285 | 90 802 |
| Total non-current assets | 373 943 | 359 337 | 346 313 | 328 368 | 453 100 | 438 660 | 406 244 | 374 396 | 346 694 | 315 401 | 285 929 | 269 605 | 241 922 | 217 143 | 195 749 | 174 410 |
| Total assets | 387 650 | 424 097 | 417 922 | 398 411 | 586 894 | 584 648 | 499 669 | 424 106 | 407 350 | 394 870 | 342 440 | 323 669 | 291 595 | 299 586 | 289 034 | 265 212 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 40 923 | 29 783 | 12 141 | 16 666 | 31 775 | 31 672 | 26 714 | 63 988 | 39 874 | 265 531 | 179 462 | 122 234 | 132 492 | 114 490 | 141 594 | 102 614 |
| Non-current liabilities | 14 606 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 55 529 | 29 783 | 12 141 | 16 666 | 31 775 | 31 672 | 26 714 | 63 988 | 39 874 | 265 531 | 179 462 | 122 234 | 132 492 | 114 490 | 141 594 | 102 614 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 93 380 | 61 094 | 31 132 | -16 846 | 12 029 | 26 352 | -27 191 | -12 836 | 7358 | 50 161 | 33 639 | 38 457 | -2371 | 65 993 | 62 345 | 65 158 |
| Total equity | 331 230 | 392 324 | 403 456 | 380 770 | 553 815 | 550 146 | 472 955 | 360 118 | 367 476 | 129 339 | 162 978 | 201 435 | 159 103 | 185 096 | 147 440 | 162 598 |
| Income statement | ||||||||||||||||
| Sales revenue | 200 144 | 190 245 | 194 406 | 128 907 | 197 584 | 217 105 | 167 046 | 157 482 | 172 025 | 243 678 | 170 230 | 190 672 | 255 785 | 262 135 | 268 167 | 252 996 |
| Operating profit | 106 834 | 67 633 | 33 602 | -16 846 | 12 029 | 26 352 | -27 191 | -12 836 | 8259 | 51 041 | 34 479 | 38 496 | 3280 | 75 735 | 86 917 | 76 944 |
| Profit before income tax | 106 834 | 67 633 | 33 602 | -16 846 | 12 029 | 26 352 | -27 191 | -12 836 | 8259 | 51 041 | 34 479 | 38 496 | 3280 | 75 996 | 87 345 | 77 658 |
| Profit for the reporting year | 93 380 | 61 094 | 31 132 | -16 846 | 12 029 | 26 352 | -27 191 | -12 836 | 7358 | 50 161 | 33 639 | 38 457 | -2371 | 65 993 | 62 345 | 65 158 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 12 | 8 | 9 | 8 | 6 | 7 | 7 | 7 | 5 | 4 | 5 | 5 | 6 | 6 | 6 | 5 |
| Calculated dividend | — | 0 | 20 000 | 5840 | 0 | 30 021 | 50 000 | 100 001 | 0 | 288 298 | 0 | 0 | 39 961 | 40 000 | 100 001 | 50 000 |
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: SIA "Latpass Aviolīnijas"
Overview
SIA "Latpass Aviolīnijas" (reg. no. 40103147049) is a limited liability company. The company was registered in 1994 and has been in the register for 31 years. Registered address: Mārupes nov., Mārupes pag., Lidosta "Rīga", Tehnikas iela 1.
Financial results
Revenue in 2025 was 252 996 €, down 5,7% on the previous year (268 167 €). From 2010 to 2025, revenue grew by an average of 1,6% per year. Net profit for 2025 was 65 158 € (25,8% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 50 599 €. At the end of 2025, total assets were 265 212 € and equity 162 598 € (61,3% 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.