Sabiedrība ar ierobežotu atbildību "Artex Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 85 285 | 112 009 | 163 113 | 279 583 | 557 661 | 823 569 | 1 289 537 | 1 824 834 | 1 901 130 | 1 322 255 | 1 707 188 | 2 064 650 | 3 160 357 | 2 785 437 | 3 375 090 |
| Total non-current assets | 9322 | 16 802 | 8793 | 272 485 | 259 191 | 262 077 | 271 767 | 275 798 | 914 644 | 2 170 210 | 2 163 649 | 2 317 706 | 2 339 471 | 2 461 206 | 2 237 301 |
| Total assets | 94 607 | 128 811 | 171 906 | 552 068 | 816 852 | 1 085 646 | 1 561 304 | 2 100 632 | 2 815 774 | 3 492 465 | 3 870 837 | 4 382 356 | 5 499 828 | 5 246 643 | 5 612 391 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 76 293 | 79 974 | 122 611 | 284 144 | 395 642 | 387 402 | 562 992 | 471 728 | 1 499 516 | 1 436 515 | 1 924 424 | 1 758 262 | 2 846 171 | 2 508 639 | 2 603 837 |
| Non-current liabilities | 1437 | 0 | 0 | 234 091 | 347 960 | 353 970 | 230 300 | 82 264 | 101 013 | 1 021 145 | 794 253 | 785 341 | 762 656 | 728 348 | 705 956 |
| Total liabilities | 77 730 | 79 974 | 122 611 | 518 235 | 743 602 | 741 372 | 793 292 | 553 992 | 1 600 529 | 2 457 660 | 2 718 677 | 2 543 603 | 3 608 827 | 3 236 987 | 3 309 793 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 778 | 31 960 | 458 | -59 593 | 33 429 | 300 298 | 613 738 | 778 628 | 433 771 | -180 440 | 117 355 | 686 593 | 52 248 | 118 655 | 292 942 |
| Total equity | 16 877 | 48 837 | 49 295 | 10 547 | 43 976 | 344 274 | 768 012 | 1 546 640 | 1 215 245 | 1 034 805 | 1 152 160 | 1 838 753 | 1 891 001 | 2 009 656 | 2 302 598 |
| Income statement | |||||||||||||||
| Sales revenue | 283 027 | 464 286 | 492 583 | 869 449 | 1 396 566 | 2 366 918 | 3 484 504 | 4 206 259 | 4 670 600 | 3 638 136 | 4 581 878 | 6 776 697 | 7 428 951 | 8 217 987 | 8 632 772 |
| Operating profit | 24 341 | 39 840 | 8085 | -32 533 | 60 461 | 337 256 | 736 955 | 785 021 | 434 563 | -178 774 | 142 703 | 716 865 | 121 473 | 249 832 | 400 644 |
| EBITDA | — | — | — | — | — | — | — | — | 487 158 | -111 512 | 252 958 | 867 326 | 324 428 | 487 558 | 649 853 |
| Profit before income tax | 24 007 | 37 600 | 1070 | -59 593 | 33 429 | 318 824 | 721 182 | 778 628 | 433 771 | -180 440 | 117 530 | 686 593 | 52 424 | 118 655 | 294 727 |
| Profit for the reporting year | 20 778 | 31 960 | 458 | -59 593 | 33 429 | 300 298 | 613 738 | 778 628 | 433 771 | -180 440 | 117 355 | 686 593 | 52 248 | 118 655 | 292 942 |
| Labour costs | — | — | — | — | — | — | — | — | 1 970 025 | 1 905 737 | 2 216 098 | 2 717 561 | 3 416 348 | 3 080 846 | 3 069 342 |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | 52 595 | 67 262 | 110 255 | 150 461 | 202 955 | 237 726 | 249 209 |
| Other indicators | |||||||||||||||
| Employees | 33 | 49 | 59 | 70 | 86 | 101 | 153 | 174 | 209 | 206 | 213 | 246 | 277 | 220 | 192 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 190 000 | 0 | 765 166 | 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: Sabiedrība ar ierobežotu atbildību "Artex Latvia"
Overview
Sabiedrība ar ierobežotu atbildību "Artex Latvia" (reg. no. 40103299681) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Mazā Juglas iela 3.
Financial results
Revenue in 2025 was 8 632 772 €, up 5,0% on the previous year (8 217 987 €). From 2011 to 2025, revenue grew by an average of 27,7% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 292 942 € (3,4% of revenue). The company was profitable in 13 of the 15 published years. In 2025 the company had 192 employees (220 a year earlier). Revenue per employee was 44 962 €. At the end of 2025, total assets were 5 612 391 € and equity 2 302 598 € (41,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Artex AB.
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.