SIA "POLYSTYLEX"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 400 000 € (4% of equity at the end of the previous year).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 620 379 | 781 300 | 2 088 964 | 3 112 945 | 3 528 305 | 4 067 186 | 7 575 526 | 6 822 307 | 18 104 411 | 12 081 125 | 16 405 762 | 15 937 554 | 18 423 424 |
| Total non-current assets | 20 479 | 18 435 | 16 576 | 25 800 | 20 597 | 10 230 | 107 339 | 87 075 | 174 536 | 644 187 | 467 020 | 290 932 | 265 987 |
| Total assets | 640 858 | 799 735 | 2 105 540 | 3 138 745 | 3 548 902 | 4 077 416 | 7 682 865 | 6 909 382 | 18 278 947 | 12 725 312 | 16 872 782 | 16 228 486 | 18 689 411 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 500 047 | 666 023 | 1 497 668 | 2 251 772 | 2 368 776 | 2 493 802 | 5 368 202 | 2 659 830 | 9 967 249 | 4 252 400 | 8 073 779 | 6 548 151 | 9 021 611 |
| Non-current liabilities | 6874 | 6124 | 0 | 1584 | 0 | 0 | 17 660 | 159 | 3922 | 46 420 | 31 158 | 167 786 | 154 075 |
| Total liabilities | 506 921 | 672 147 | 1 497 668 | 2 253 356 | 2 368 776 | 2 493 802 | 5 385 862 | 2 659 989 | 9 971 171 | 4 298 820 | 8 104 937 | 6 715 937 | 9 175 686 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 64 831 | 98 974 | 471 845 | 494 570 | 519 477 | 670 155 | 1 017 725 | 2 401 639 | 4 715 509 | 1 174 195 | 569 701 | 1 215 105 | 467 417 |
| Total equity | 126 607 | 118 894 | 590 819 | 885 389 | 1 180 126 | 1 583 614 | 2 297 003 | 4 249 393 | 8 307 776 | 8 426 492 | 8 767 845 | 9 512 549 | 9 513 725 |
| Income statement | |||||||||||||
| Sales revenue | 7 272 425 | 12 861 767 | 18 381 010 | 19 359 747 | 24 295 338 | 31 691 306 | 48 522 251 | 64 442 189 | 77 180 445 | 64 062 437 | 47 674 341 | 52 069 498 | 59 306 641 |
| Operating profit | 92 192 | 225 565 | 651 616 | 630 619 | 723 748 | 726 754 | 1 095 437 | 2 959 661 | 5 134 691 | 1 777 261 | 954 737 | 1 695 490 | 926 129 |
| Profit before income tax | 75 629 | 196 851 | 543 646 | 574 883 | 607 333 | 673 553 | 1 149 778 | 2 540 909 | 5 056 024 | 1 568 607 | 695 761 | 1 473 550 | 613 398 |
| Profit for the reporting year | 64 831 | 98 974 | 471 845 | 494 570 | 519 477 | 670 155 | 1 017 725 | 2 401 639 | 4 715 509 | 1 174 195 | 569 701 | 1 215 105 | 467 417 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 6 | 8 | 11 | 11 | 10 | 10 | 23 | 29 | 37 | 44 | 33 | 43 | 46 |
| Calculated dividend | 56 124 | 204 203 | 0 | 200 000 | 224 740 | 266 667 | 895 404 | 300 000 | 700 000 | 800 000 | 550 000 | 500 000 | 400 000 |
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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Related companies
- SIA Polysteel — 100%
Summary: SIA "POLYSTYLEX"
Overview
SIA "POLYSTYLEX" (reg. no. 40103238102) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Krišjāņa Valdemāra iela 21 - 9.
Financial results
Revenue in 2025 was 59 306 641 €, up 13,9% on the previous year (52 069 498 €). From 2013 to 2025, revenue grew by an average of 19,1% per year. Net profit for 2025 was 467 417 € (0,8% of revenue). The company was profitable in all 13 published years. In 2025 the company had 46 employees (43 a year earlier). Revenue per employee was 1 289 275 €. At the end of 2025, total assets were 18 689 411 € and equity 9 513 725 € (50,9% of assets).
Management and owners
The board has 3 members. According to the register, the company has 5 owners. The largest stake (45%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.