Sabiedrība ar ierobežotu atbildību "Grey Horse"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 300 000 € (50% 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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 28 645 | 60 469 | 98 498 | 100 334 | 125 634 | 220 377 | 218 492 | 261 584 | 168 653 | 297 495 | 984 613 | 614 263 | 739 480 | 947 064 |
| Total non-current assets | 471 | 1168 | 36 060 | 21 972 | 70 680 | 214 794 | 283 113 | 255 542 | 269 785 | 290 891 | 370 097 | 461 269 | 253 895 | 240 117 |
| Total assets | 29 116 | 61 637 | 134 558 | 122 306 | 196 314 | 435 171 | 501 605 | 517 126 | 438 438 | 588 386 | 1 354 710 | 1 075 532 | 993 375 | 1 187 181 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 9142 | 47 999 | 66 610 | 45 146 | 107 801 | 309 855 | 303 704 | 252 128 | 237 993 | 342 216 | 1 270 004 | 171 757 | 394 289 | 602 191 |
| Non-current liabilities | 0 | 0 | 11 440 | 402 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9142 | 47 999 | 78 050 | 45 548 | 107 801 | 309 855 | 303 704 | 252 128 | 237 993 | 342 216 | 1 270 004 | 171 757 | 394 289 | 602 191 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 17 974 | 4664 | 48 741 | 72 846 | 85 667 | 121 503 | 192 873 | 262 152 | 135 447 | 165 835 | -58 657 | 900 929 | -104 689 | 285 904 |
| Total equity | 19 974 | 13 638 | 56 508 | 76 758 | 88 513 | 125 316 | 197 901 | 264 998 | 200 445 | 246 170 | 84 706 | 903 775 | 599 086 | 584 990 |
| Income statement | ||||||||||||||
| Sales revenue | 53 656 | 278 991 | 452 870 | 320 780 | 553 132 | 853 982 | 795 632 | 772 731 | 521 418 | 852 673 | 1 343 587 | 2 522 707 | 1 116 765 | 1 845 600 |
| Operating profit | 21 197 | 5417 | 55 710 | 86 123 | 101 448 | 144 725 | 194 793 | 311 710 | 186 586 | 196 604 | -33 032 | 918 107 | -54 772 | 360 825 |
| Profit before income tax | 21 152 | 5390 | 55 710 | 86 123 | 101 448 | 143 607 | 192 873 | 310 179 | 185 447 | 195 863 | -33 657 | 921 394 | -53 821 | 361 541 |
| Profit for the reporting year | 17 974 | 4664 | 48 741 | 72 846 | 85 667 | 121 503 | 192 873 | 262 152 | 135 447 | 165 835 | -58 657 | 900 929 | -104 689 | 285 904 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 7 | 7 | 7 | 7 | 7 |
| Calculated dividend | — | 11 000 | 5871 | 52 596 | 73 912 | 84 700 | 120 288 | 195 055 | 200 000 | 120 110 | 102 807 | 81 860 | 200 000 | 300 000 |
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: Sabiedrība ar ierobežotu atbildību "Grey Horse"
Overview
Sabiedrība ar ierobežotu atbildību "Grey Horse" (reg. no. 40103443919) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Jūrmalas gatve 123B.
Financial results
Revenue in 2025 was 1 845 600 €, up 65,3% on the previous year (1 116 765 €). From 2012 to 2025, revenue grew by an average of 31,3% per year. Net profit for 2025 was 285 904 € (15,5% of revenue). The company was profitable in 12 of the 14 published years. In 2025 the company had 7 employees. Revenue per employee was 263 657 €. At the end of 2025, total assets were 1 187 181 € and equity 584 990 € (49,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.