Sabiedrība ar ierobežotu atbildību "Grandeko LTD"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 30 453 | 66 472 | 29 142 | 74 266 | 75 114 | 48 814 | 53 191 | 117 177 | 242 808 | 89 247 | 312 605 | 85 699 | 222 274 | 181 622 |
| Total non-current assets | 0 | 11 445 | 8128 | 681 | 876 | 298 | 941 | 6280 | 7490 | 9519 | 32 609 | 41 026 | 26 094 | 11 062 |
| Total assets | 30 453 | 77 917 | 37 270 | 74 947 | 75 990 | 49 112 | 54 132 | 123 457 | 250 298 | 98 766 | 345 214 | 126 725 | 248 368 | 192 684 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 5395 | 24 645 | 8433 | 9376 | 18 669 | 22 358 | 17 902 | 36 985 | 89 502 | 49 402 | 47 754 | 42 262 | 55 603 | 35 220 |
| Non-current liabilities | 0 | 8000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 5395 | 32 645 | 8433 | 9376 | 18 669 | 22 358 | 17 902 | 36 985 | 89 502 | 49 402 | 47 754 | 42 262 | 55 603 | 35 220 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 23 058 | 36 714 | -15 802 | 36 059 | 20 145 | 15 873 | 33 384 | 83 626 | 89 786 | -102 582 | 258 098 | -184 997 | 111 302 | -35 301 |
| Total equity | 25 058 | 45 272 | 26 614 | 62 673 | 50 513 | 18 888 | 36 230 | 86 472 | 160 796 | 49 364 | 297 460 | 84 463 | 192 765 | 157 464 |
| Income statement | ||||||||||||||
| Sales revenue | 38 995 | 195 191 | 208 306 | 259 149 | 254 476 | 493 524 | 402 930 | 689 934 | 908 707 | 767 320 | 1 228 243 | 799 618 | 924 172 | 885 100 |
| Operating profit | 23 058 | 42 606 | -15 802 | 41 994 | 24 581 | 18 818 | 52 134 | 123 929 | 89 812 | -102 582 | 260 598 | -177 997 | 112 052 | -35 301 |
| Profit before income tax | 23 058 | 42 606 | -15 802 | 41 994 | 24 581 | 18 818 | 52 134 | 123 929 | 89 812 | -102 582 | 260 598 | -177 997 | 112 052 | -35 301 |
| Profit for the reporting year | 23 058 | 36 714 | -15 802 | 36 059 | 20 145 | 15 873 | 33 384 | 83 626 | 89 786 | -102 582 | 258 098 | -184 997 | 111 302 | -35 301 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 4 | 14 | 14 | 14 | 9 | 15 | 14 | 22 | 26 | 39 | 41 | 33 | 30 | 31 |
| Calculated dividend | — | 16 500 | 2856 | 0 | 32 305 | 47 498 | 16 042 | 33 384 | 15 462 | 8850 | 10 002 | 28 000 | 3000 | 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 "Grandeko LTD"
Overview
Sabiedrība ar ierobežotu atbildību "Grandeko LTD" (reg. no. 40103585129) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Krapes iela 4 - 23.
Financial results
Revenue in 2025 was 885 100 €, down 4,2% on the previous year (924 172 €). From 2012 to 2025, revenue grew by an average of 27,1% per year. 2025 ended with a loss of 35 301 €. The company was profitable in 10 of the 14 published years. In 2025 the company had 31 employees (30 a year earlier). Revenue per employee was 28 552 €. At the end of 2025, total assets were 192 684 € and equity 157 464 € (81,7% 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.