SIA "Papi"Active
Key figures
Ratios
2025Balance sheet structure
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 | 5977 | 4760 | 669 | 655 | 1182 | 1077 | 1899 | 925 | 1036 | 921 | 1299 | 2518 | 4961 | 3054 | 5193 | 4772 |
| Total non-current assets | 2016 | 1370 | 789 | 207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 7993 | 6130 | 1458 | 862 | 1182 | 1077 | 1899 | 925 | 1036 | 921 | 1299 | 2518 | 4961 | 3054 | 5193 | 4772 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 671 | 564 | 7029 | 6654 | 8214 | 6958 | 6374 | 10 579 | 15 769 | 20 263 | 25 518 | 26 319 | 17 085 | 18 540 | 15 087 | 17 807 |
| Non-current liabilities | 23 920 | 29 370 | 29 370 | 29 370 | 41 790 | 41 790 | 30 983 | 26 989 | 22 188 | 22 788 | 0 | 0 | 5550 | 0 | 9725 | 8605 |
| Total liabilities | 24 591 | 29 934 | 36 399 | 36 024 | 50 004 | 48 748 | 37 357 | 37 568 | 37 957 | 43 051 | 25 518 | 26 319 | 22 635 | 18 540 | 24 812 | 26 412 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -7988 | -7206 | -10 985 | -31 | 904 | 1212 | 12 182 | -1186 | -2 | -5280 | 17 911 | 418 | 6127 | 2188 | -4133 | -2021 |
| Total equity | -16 940 | -24 146 | -35 131 | -35 162 | -49 127 | -47 915 | -35 733 | -36 919 | -36 921 | -42 130 | -24 219 | -23 801 | -17 674 | -15 486 | -19 619 | -21 640 |
| Income statement | ||||||||||||||||
| Sales revenue | 44 005 | 61 459 | 86 153 | 78 120 | 81 381 | 58 041 | 72 891 | 84 729 | 67 547 | 83 182 | 95 521 | 64 197 | 62 007 | 76 852 | 164 499 | 201 614 |
| Operating profit | -7943 | -7195 | -8566 | -10 031 | -10 041 | -12 788 | -10 932 | -11 061 | -8602 | -9398 | -8147 | -21 801 | -27 905 | -31 948 | -22 478 | -11 923 |
| Profit before income tax | -7988 | -7206 | -10 985 | -31 | 904 | 1212 | 12 182 | -1186 | -2 | -5280 | 17 911 | 418 | 6127 | 2188 | -4133 | -2021 |
| Profit for the reporting year | -7988 | -7206 | -10 985 | -31 | 904 | 1212 | 12 182 | -1186 | -2 | -5280 | 17 911 | 418 | 6127 | 2188 | -4133 | -2021 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 4 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 5 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 "Papi"
Overview
SIA "Papi" (reg. no. 40103201203) is a limited liability company. The company was registered in 2008 and has been in the register for 17 years. Registered address: Jūrmala, Skolas iela 35A - 39.
Financial results
Revenue in 2025 was 201 614 €, up 22,6% on the previous year (164 499 €). From 2010 to 2025, revenue grew by an average of 10,7% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 2021 €. The company was profitable in 7 of the 16 published years. In 2025 the company had 5 employees. Revenue per employee was 40 323 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-21 640 €).
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.