SIA "PRIEDES AG"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 17 165 | 52 937 | 92 090 | 186 059 | 365 438 | 959 604 | 2 145 686 | 1 283 764 | 3 191 957 | 7 675 983 | 9 109 861 | 10 865 501 | 9 145 153 |
| Total non-current assets | 5232 | 20 613 | 100 883 | 160 484 | 150 144 | 1 059 771 | 2 438 180 | 2 051 971 | 2 163 486 | 1 984 095 | 2 791 445 | 3 434 663 | 1 995 303 |
| Total assets | 22 397 | 73 550 | 192 973 | 346 543 | 515 582 | 2 019 375 | 4 583 866 | 3 335 735 | 5 355 443 | 9 660 078 | 11 901 306 | 14 300 164 | 11 140 456 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 9677 | 7911 | 79 147 | 184 993 | 261 091 | 411 307 | 1 247 074 | 768 468 | 1 045 676 | 901 038 | 1 479 778 | 3 057 291 | 1 514 629 |
| Non-current liabilities | 0 | 27 458 | 46 079 | 63 289 | 34 116 | 176 733 | 1 116 854 | 1 290 757 | 1 879 595 | 3 692 257 | 4 619 158 | 4 597 208 | 3 194 860 |
| Total liabilities | 9677 | 35 369 | 125 226 | 248 282 | 295 207 | 588 040 | 2 363 928 | 2 059 225 | 2 925 271 | 4 593 295 | 6 098 936 | 7 654 499 | 4 709 489 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 12 620 | 20 083 | 29 566 | 30 514 | 137 114 | 1 160 311 | 810 825 | -252 432 | 1 387 662 | 2 754 611 | 735 587 | 948 295 | 65 302 |
| Total equity | 12 720 | 38 181 | 67 747 | 98 261 | 220 375 | 1 431 335 | 2 219 938 | 1 276 510 | 2 430 172 | 5 066 783 | 5 802 370 | 6 645 665 | 6 430 967 |
| Income statement | |||||||||||||
| Sales revenue | 236 953 | 403 421 | 555 052 | 1 413 012 | 5 501 337 | 10 176 001 | 9 027 667 | 8 240 253 | 14 798 537 | 24 041 620 | 21 223 579 | 19 614 632 | 11 676 105 |
| Operating profit | 14 845 | 22 493 | 35 475 | 43 406 | 171 657 | 1 167 919 | 831 309 | -183 037 | 1 574 351 | 3 031 942 | 1 130 728 | 1 458 682 | 640 118 |
| EBITDA | 14 845 | 22 493 | 35 475 | 43 406 | 171 657 | 1 226 523 | 1 031 741 | 185 194 | 2 054 139 | 3 515 239 | 1 746 702 | 2 182 191 | 1 101 189 |
| Profit before income tax | 14 845 | 22 100 | 32 512 | 38 128 | 159 566 | 1 160 311 | 810 825 | -252 432 | 1 387 662 | 2 784 111 | 735 587 | 974 545 | 65 302 |
| Profit for the reporting year | 12 620 | 20 083 | 29 566 | 30 514 | 137 114 | 1 160 311 | 810 825 | -252 432 | 1 387 662 | 2 754 611 | 735 587 | 948 295 | 65 302 |
| Labour costs | 3779 | 9680 | 16 139 | 19 091 | 63 482 | 270 552 | 761 531 | 848 391 | 1 492 323 | 1 718 212 | 2 387 244 | 2 553 965 | 1 411 320 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | 58 604 | 200 432 | 368 231 | 479 788 | 483 297 | 615 974 | 723 509 | 461 071 |
| Other indicators | |||||||||||||
| Employees | 1 | 2 | 3 | 2 | 4 | 8 | 20 | 31 | 36 | 40 | 49 | 51 | 31 |
| Calculated dividend | — | 0 | 0 | 0 | 15 000 | 0 | 22 222 | 70 000 | 0 | 118 000 | 0 | 105 000 | 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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Related companies
- SIA Meži M — 100%
- SIA Priedes AG Meži — 49%
Summary: SIA "PRIEDES AG"
Overview
SIA "PRIEDES AG" (reg. no. 40103649241) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Talsu nov., Ģibuļu pag., Talsciems, "Ilzītes".
Financial results
Revenue in 2025 was 11 676 105 €, down 40,5% on the previous year (19 614 632 €). From 2013 to 2025, revenue grew by an average of 38,4% per year. Net profit for 2025 was 65 302 € (0,6% of revenue). The company was profitable in 12 of the 13 published years. In 2025 the company had 31 employees (51 a year earlier). Revenue per employee was 376 649 €. At the end of 2025, total assets were 11 140 456 € and equity 6 430 967 € (57,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (65%) is held by a private individual. The company holds stakes in 2 active Latvian companies.
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.