SIA "Grow Energy"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 | 1334 | 127 785 | 709 974 | 1 782 631 | 1 197 875 | 2 133 938 | 1 258 401 | 1 596 592 | 1 334 124 | 1 640 604 | 1 395 444 | 2 863 230 | 4 094 008 | 3 740 788 | 3 731 963 | 5 137 223 |
| Total non-current assets | 54 903 | 4 687 788 | 4 835 537 | 9 337 212 | 8 908 986 | 9 209 933 | 8 365 485 | 7 257 599 | 6 037 354 | 5 131 910 | 7 218 213 | 6 736 476 | 6 854 565 | 8 881 901 | 9 971 996 | 11 728 943 |
| Total assets | 56 237 | 4 815 573 | 5 545 511 | 11 119 843 | 10 106 861 | 11 343 871 | 9 623 886 | 8 854 191 | 7 371 478 | 6 772 514 | 8 613 657 | 9 599 706 | 10 948 573 | 12 622 689 | 13 703 959 | 16 866 166 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 3944 | 1 102 664 | 884 557 | 2 419 479 | 2 599 709 | 2 237 156 | 1 713 259 | 1 855 429 | 1 993 693 | 1 105 249 | 1 082 783 | 942 347 | 1 513 666 | 1 106 002 | 1 521 914 | 2 560 253 |
| Non-current liabilities | 56 044 | 3 750 422 | 4 242 000 | 7 813 681 | 5 932 056 | 7 696 273 | 6 894 387 | 5 527 427 | 3 380 155 | 3 151 145 | 2 734 975 | 3 229 072 | 3 836 094 | 4 857 189 | 6 305 670 | 6 859 339 |
| Total liabilities | 59 988 | 4 853 086 | 5 126 557 | 10 233 160 | 8 531 765 | 9 933 429 | 8 607 646 | 7 382 856 | 5 373 848 | 4 256 394 | 3 817 758 | 4 171 419 | 5 349 760 | 5 963 191 | 7 827 584 | 9 419 592 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5751 | -33 762 | 367 645 | 1 087 920 | 672 951 | -29 742 | -403 299 | 488 851 | 526 295 | 662 617 | 138 447 | 947 278 | 485 416 | 1 375 575 | -468 233 | 287 213 |
| Total equity | -3751 | -37 513 | 397 707 | 886 683 | 1 559 634 | 1 385 783 | 982 484 | 1 471 335 | 1 997 630 | 2 516 120 | 4 795 899 | 5 428 287 | 5 598 813 | 6 659 498 | 5 876 375 | 7 446 574 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 60 590 | 1 851 704 | 3 788 580 | 2 602 551 | 2 180 716 | 2 431 163 | 2 552 436 | 2 905 126 | 3 291 018 | 3 551 143 | 3 260 232 | 3 258 434 | 5 416 572 | 3 762 925 | 3 387 815 |
| Operating profit | -5751 | -33 762 | 515 023 | 1 316 736 | 1 122 373 | 284 219 | -190 558 | 650 145 | 650 468 | 731 033 | 184 868 | 976 126 | 651 948 | 1 620 493 | 9448 | 173 588 |
| Profit before income tax | -5751 | -33 762 | 399 350 | 1 104 479 | 894 058 | 135 860 | -403 299 | 488 851 | 526 295 | 662 617 | 138 447 | 947 278 | 485 416 | 1 375 575 | -468 233 | 287 213 |
| Profit for the reporting year | -5751 | -33 762 | 367 645 | 1 087 920 | 672 951 | -29 742 | -403 299 | 488 851 | 526 295 | 662 617 | 138 447 | 947 278 | 485 416 | 1 375 575 | -468 233 | 287 213 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 6 | 21 | 13 | 13 | 20 | 30 | 17 | 10 | 10 | 33 | 40 | 39 | 39 | 39 | 37 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144 127 | 0 | 314 890 | 314 890 | 314 890 | 314 890 | 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 "Grow Energy"
Overview
SIA "Grow Energy" (reg. no. 40103275664) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Limbažu nov., Limbažu pag., "Ražotne Gravas".
Financial results
Revenue in 2025 was 3 387 815 €, down 10,0% on the previous year (3 762 925 €). Net profit for 2025 was 287 213 € (8,5% of revenue). The company was profitable in 11 of the 16 published years. In 2025 the company had 37 employees (39 a year earlier). Revenue per employee was 91 563 €. At the end of 2025, total assets were 16 866 166 € and equity 7 446 574 € (44,2% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (66,6%) is held by AS "HANSE HOLDING".
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.