SIA "KULBA"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 4228 | 12 714 | 15 904 | 18 011 | 20 744 | 33 690 | 10 950 | 26 696 | 50 958 | 61 098 | 202 922 | 318 338 | 451 916 | 276 016 | 157 215 | 129 218 |
| Total non-current assets | 450 | 112 | 10 431 | 6728 | 5034 | 0 | 0 | 0 | 0 | 10 830 | 8331 | 22 271 | 14 386 | 74 283 | 60 553 | 50 028 |
| Total assets | 4678 | 12 826 | 26 335 | 24 739 | 25 778 | 33 690 | 10 950 | 26 696 | 50 958 | 71 928 | 211 253 | 340 609 | 466 302 | 350 299 | 217 768 | 179 246 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 1812 | 9926 | 22 544 | 41 921 | 85 891 | 81 048 | 67 044 | 56 727 | 50 143 | 46 370 | 161 495 | 175 544 | 296 827 | 221 491 | 171 589 | 162 995 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9273 | 9273 | 84 619 | 36 000 | 0 | 19 240 | 6190 |
| Total liabilities | 1812 | 9926 | 22 544 | 41 921 | 85 891 | 81 048 | 67 044 | 56 727 | 50 143 | 55 643 | 170 768 | 260 163 | 332 827 | 221 491 | 190 829 | 169 185 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 866 | 34 | 891 | -22 973 | -35 673 | -7245 | 6769 | 26 063 | 30 846 | 15 470 | 24 200 | 39 961 | 29 152 | 9132 | -98 368 | -16 878 |
| Total equity | 2866 | 2900 | 3791 | -17 182 | -60 113 | -47 358 | -56 094 | -30 031 | 815 | 16 285 | 40 485 | 80 446 | 133 475 | 128 808 | 26 939 | 10 061 |
| Income statement | ||||||||||||||||
| Sales revenue | 35 055 | 10 708 | 14 643 | 11 781 | 55 452 | 67 670 | 82 992 | 180 364 | 239 867 | 361 708 | 429 642 | 1 081 567 | 1 073 005 | 1 373 896 | 702 496 | 488 804 |
| Operating profit | 1010 | 97 | -645 | -24 057 | -35 673 | -7245 | 6769 | 27 079 | 30 846 | 16 887 | 24 200 | 41 312 | 37 109 | 24 418 | -80 060 | -8069 |
| Profit before income tax | 980 | 97 | 891 | -22 973 | -35 673 | -7245 | 6769 | 27 079 | 30 846 | 15 470 | 24 200 | 39 961 | 29 152 | 12 582 | -97 493 | -16 878 |
| Profit for the reporting year | 866 | 34 | 891 | -22 973 | -35 673 | -7245 | 6769 | 26 063 | 30 846 | 15 470 | 24 200 | 39 961 | 29 152 | 9132 | -98 368 | -16 878 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 5 | 13 | 12 | 10 | 5 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 799 | 3501 | 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 "KULBA"
Overview
SIA "KULBA" (reg. no. 40103257546) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Amulas iela 8.
Financial results
Revenue in 2025 was 488 804 €, down 30,4% on the previous year (702 496 €). From 2010 to 2025, revenue grew by an average of 19,2% per year. 2025 ended with a loss of 16 878 €. The company was profitable in 11 of the 16 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 122 201 €. At the end of 2025, total assets were 179 246 € and equity 10 061 € (5,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (66%) 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.