Sabiedrība ar ierobežotu atbildību "Favorit Rent"Active

40103531291Limited liability companyFounded 2012

Key figures

7 808 067 €+28,1%
Revenue 2025
+49,9%
Average annual growth 2012–2025
02 m4 m6 m8 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets17 35727 95054 64352 20965 230214 096222 553579 667326 520479 983692 471929 0031 234 3701 208 644
Total non-current assets151 119306 987879 8931 135 2371 402 8362 098 9892 549 7153 118 4254 608 3305 127 8315 846 9546 130 5686 856 4867 529 793
Total assets168 476334 937934 5361 187 4461 468 0662 313 0852 772 2683 698 0924 934 8505 607 8146 539 4257 059 5718 090 8568 738 437
Balance sheet — liabilities and equity
Current liabilities58 348114 550341 675436 405424 473626 583775 4511 282 4851 238 3911 412 8831 660 3001 890 5832 372 1072 315 273
Non-current liabilities116 644219 667538 976626 523799 8021 418 6401 716 6192 113 8043 286 5433 510 8213 747 1513 802 0304 087 1784 568 978
Total liabilities174 992334 217880 6511 062 9281 224 2752 045 2232 492 0703 396 2894 524 9344 923 7045 407 4515 692 6136 459 2856 884 251
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-8516723652 86169 560120 36724 07112 33621 605108 113274 194447 864234 984264 613222 615
Total equity-651672053 885123 424243 791267 862280 198301 803409 916684 1101 131 9741 366 9581 631 5711 854 186
Income statement
Sales revenue40 463119 399512 365481 988646 915980 8921 367 2212 328 0353 935 4163 146 7374 057 6064 937 6186 096 0527 808 067
Operating profit-761315 26675 09288 590147 08859 12262 90689 320280 559454 449611 005532 952598 490519 938
Profit before income tax-8516723652 86169 560120 36724 07112 33621 605108 113274 194447 864234 984264 613222 615
Profit for the reporting year-8516723652 86169 560120 36724 07112 33621 605108 113274 194447 864234 984264 613222 615
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees322345678910111112
Calculated dividend—0000000000000

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80%20%Sabiedrība ar ierobež…5Bārda AgrisErmičs AndrisErmičs Raimonds
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Summary: Sabiedrība ar ierobežotu atbildību "Favorit Rent"

Overview

Sabiedrība ar ierobežotu atbildību "Favorit Rent" (reg. no. 40103531291) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Jūrmala, Kadiķu iela 30.

Financial results

Revenue in 2025 was 7 808 067 €, up 28,1% on the previous year (6 096 052 €). From 2012 to 2025, revenue grew by an average of 49,9% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 222 615 € (2,9% of revenue). The company was profitable in 13 of the 14 published years. In 2025 the company had 12 employees (11 a year earlier). Revenue per employee was 650 672 €. At the end of 2025, total assets were 8 738 437 € and equity 1 854 186 € (21,2% of assets).

Management and owners

The board has 3 members. According to the register, the company has 2 owners. The largest stake (80%) is held by 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.