SIA "GLS Management"Active
Key figures
Ratios
2025Balance sheet structure
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 | 55 541 | 61 368 | 67 407 | 103 285 | 47 450 | 52 918 | 195 852 | 57 561 | 78 340 | 81 553 | 58 052 | 52 585 | 58 293 | 63 036 | 65 784 |
| Total non-current assets | 469 467 | 460 053 | 450 638 | 627 805 | 674 408 | 661 066 | 647 799 | 634 531 | 629 771 | 614 614 | 600 034 | 592 886 | 577 125 | 562 310 | 548 647 |
| Total assets | 525 008 | 521 421 | 518 045 | 731 090 | 721 858 | 713 984 | 843 651 | 692 092 | 708 111 | 696 167 | 658 086 | 645 471 | 635 418 | 625 346 | 614 431 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 529 092 | 529 723 | 528 807 | 753 304 | 753 264 | 753 311 | 893 403 | 752 988 | 753 343 | 753 564 | 753 613 | 753 551 | 753 922 | 754 112 | 757 154 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 529 092 | 529 723 | 528 807 | 753 304 | 753 264 | 753 311 | 893 403 | 752 988 | 753 343 | 753 564 | 753 613 | 753 551 | 753 922 | 754 112 | 757 154 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6084 | -4218 | -2460 | -6856 | -9191 | -7921 | -10 426 | -11 144 | -12 616 | -12 164 | -9935 | -12 553 | -10 424 | -10 262 | -13 956 |
| Total equity | -4084 | -8302 | -10 762 | -22 214 | -31 406 | -39 327 | -49 752 | -60 896 | -45 232 | -57 397 | -95 527 | -108 080 | -118 504 | -128 766 | -142 723 |
| Income statement | |||||||||||||||
| Sales revenue | 1149 | 8660 | 12 000 | 17 074 | 17 074 | 17 074 | 17 754 | 26 415 | 24 927 | 30 927 | 31 343 | 30 927 | 36 927 | 40 497 | 45 212 |
| Operating profit | -6084 | -4218 | -2460 | -6856 | -9191 | -7921 | -10 601 | -12 603 | -12 616 | -12 164 | -9935 | -12 553 | -10 424 | -10 262 | -13 956 |
| Profit before income tax | -6084 | -4218 | -2460 | -6856 | -9191 | -7921 | -10 426 | -11 144 | -12 616 | -12 164 | -9935 | -12 553 | -10 424 | -10 262 | -13 956 |
| Profit for the reporting year | -6084 | -4218 | -2460 | -6856 | -9191 | -7921 | -10 426 | -11 144 | -12 616 | -12 164 | -9935 | -12 553 | -10 424 | -10 262 | -13 956 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA "GLS Management"
Overview
SIA "GLS Management" (reg. no. 40103404269) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Ludzas iela 2.
Financial results
Revenue in 2025 was 45 212 €, up 11,6% on the previous year (40 497 €). From 2011 to 2025, revenue grew by an average of 30,0% per year. This is the company's highest revenue among the published years (2011–2025). 2025 ended with a loss of 13 956 €. The company made a loss in all 15 published years. In 2025 the company had 2 employees. Revenue per employee was 22 606 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (95,5%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-142 723 €).
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.