Frendy SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 200 000 € (18% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
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 | 50 067 | 83 987 | 136 935 | 169 030 | 188 498 | 244 158 | 323 377 | 310 383 | 380 749 | 239 708 | 306 809 | 525 556 | 735 860 | 1 212 893 | 1 904 476 |
| Total non-current assets | 13 038 | 9086 | 11 060 | 12 422 | 14 688 | 109 866 | 132 575 | 135 123 | 76 510 | 64 184 | 51 976 | 50 241 | 11 169 | 15 237 | 11 822 |
| Total assets | 63 105 | 93 073 | 147 995 | 181 452 | 203 186 | 354 024 | 455 952 | 445 506 | 457 259 | 303 892 | 358 785 | 575 797 | 747 029 | 1 228 130 | 1 916 298 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 7969 | 11 430 | 23 880 | 37 254 | 32 935 | 150 700 | 187 261 | 317 193 | 106 737 | 67 059 | 124 854 | 260 476 | 136 014 | 140 348 | 215 574 |
| Non-current liabilities | 70 784 | 49 695 | 27 776 | 40 000 | 40 000 | 0 | 0 | 0 | 220 000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 78 753 | 61 125 | 51 656 | 77 254 | 72 935 | 150 700 | 187 261 | 317 193 | 326 737 | 67 059 | 124 854 | 260 476 | 136 014 | 140 348 | 215 574 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -17 648 | 47 596 | 64 391 | 73 120 | 26 053 | 73 073 | 65 368 | 89 621 | 42 210 | 106 311 | 147 098 | 81 390 | 313 541 | 476 768 | 812 942 |
| Total equity | -15 648 | 31 948 | 96 339 | 104 198 | 130 251 | 203 324 | 268 691 | 128 313 | 130 522 | 236 833 | 233 931 | 315 321 | 611 015 | 1 087 782 | 1 700 724 |
| Income statement | |||||||||||||||
| Sales revenue | 110 651 | 173 620 | 278 568 | 428 686 | 361 322 | 631 490 | 704 754 | 824 575 | 1 193 323 | 995 670 | 1 050 086 | 1 501 364 | 2 769 216 | 2 743 435 | 4 441 026 |
| Operating profit | -17 648 | 52 943 | 76 244 | 87 988 | 33 156 | 88 302 | 82 747 | 100 631 | 56 559 | 111 704 | 186 169 | 81 390 | 313 541 | 476 768 | 812 942 |
| Profit before income tax | -17 648 | 52 943 | 76 244 | 87 988 | 33 156 | 88 302 | 82 747 | 100 631 | 56 559 | 111 704 | 186 169 | 81 390 | 313 541 | 476 768 | 812 942 |
| Profit for the reporting year | -17 648 | 47 596 | 64 391 | 73 120 | 26 053 | 73 073 | 65 368 | 89 621 | 42 210 | 106 311 | 147 098 | 81 390 | 313 541 | 476 768 | 812 942 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 |
| Calculated dividend | — | 0 | 0 | 65 261 | 0 | 0 | 0 | 229 999 | 40 001 | 0 | 150 000 | 0 | 17 847 | 0 | 200 000 |
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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Summary: Frendy SIA
Overview
Frendy SIA (reg. no. 40103317794) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Jūrkalnes iela 15.
Financial results
Revenue in 2025 was 4 441 026 €, up 61,9% on the previous year (2 743 435 €). From 2011 to 2025, revenue grew by an average of 30,2% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 812 942 € (18,3% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 6 employees. Revenue per employee was 740 171 €. At the end of 2025, total assets were 1 916 298 € and equity 1 700 724 € (88,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is Frendy Oy.
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.