Sabiedrība ar ierobežotu atbildību "Genuine Wind Engineering"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 17 750 | 74 495 | 59 272 | 77 878 | 90 074 | 131 350 | 138 322 | 147 108 | 143 665 | 156 911 | 163 299 | 336 192 | 383 135 |
| Total non-current assets | 363 251 | 744 456 | 863 539 | 984 755 | 971 462 | 1 097 762 | 989 531 | 951 649 | 918 714 | 983 705 | 1 476 341 | 1 517 935 | 1 490 994 |
| Total assets | 381 001 | 818 951 | 922 811 | 1 062 633 | 1 061 536 | 1 229 112 | 1 127 853 | 1 098 757 | 1 062 379 | 1 140 616 | 1 639 640 | 1 854 127 | 1 874 129 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 28 466 | 15 560 | 19 059 | 21 089 | 15 595 | 31 688 | 749 468 | 583 050 | 677 920 | 845 086 | 329 474 | 30 743 | 404 474 |
| Non-current liabilities | 556 635 | 1 197 981 | 1 382 981 | 1 595 606 | 1 725 776 | 1 943 466 | 104 235 | 391 466 | 391 466 | 391 466 | 0 | 0 | 0 |
| Total liabilities | 585 101 | 1 213 541 | 1 402 040 | 1 616 695 | 1 741 371 | 1 975 154 | 853 703 | 974 516 | 1 069 386 | 1 236 552 | 329 474 | 30 743 | 404 474 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -206 100 | -104 182 | -84 640 | -74 826 | -125 774 | -68 727 | -144 944 | -149 909 | -131 248 | -88 929 | -1296 | -86 782 | -353 729 |
| Total equity | -204 100 | -394 590 | -479 229 | -554 062 | -679 835 | -746 042 | 274 150 | 124 241 | -7007 | -95 936 | 1 310 166 | 1 823 384 | 1 469 655 |
| Income statement | |||||||||||||
| Sales revenue | 32 176 | 54 628 | 0 | 0 | 1220 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 029 |
| Operating profit | -200 796 | -103 587 | -92 413 | -71 206 | -130 151 | -60 543 | -107 944 | -123 988 | -101 293 | -59 728 | -1029 | -72 211 | -342 127 |
| Profit before income tax | -206 100 | -104 182 | -84 640 | -74 826 | -125 774 | -68 727 | -137 958 | -149 909 | -131 171 | -88 929 | -1296 | -86 682 | -353 657 |
| Profit for the reporting year | -206 100 | -104 182 | -84 640 | -74 826 | -125 774 | -68 727 | -144 944 | -149 909 | -131 248 | -88 929 | -1296 | -86 782 | -353 729 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 2 | 2 | 4 | 6 | 8 |
| Calculated dividend | — | 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: Sabiedrība ar ierobežotu atbildību "Genuine Wind Engineering"
Overview
Sabiedrība ar ierobežotu atbildību "Genuine Wind Engineering" (reg. no. 40103586552) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Katlakalna iela 11.
Financial results
Revenue in 2025 was 15 029 €. From 2013 to 2025, revenue declined by an average of 6,1% per year. 2025 ended with a loss of 353 729 €. The company made a loss in all 13 published years. In 2025 the company had 8 employees (6 a year earlier). Revenue per employee was 1879 €. At the end of 2025, total assets were 1 874 129 € and equity 1 469 655 € (78,4% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Genuine Wind INC..
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.