Sabiedrība ar ierobežotu atbildību "LOCALE"Active

40103709625Limited liability companyFounded 2013

Key figures

1 428 520 €-8,3%
Revenue 2025
+16,9%
Average annual growth 2014–2025
0500 k1 m1,5 m2 m’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets60 73362 45356 99647 96273 081148 753228 820257 780371 625428 248396 501376 889
Total non-current assets490 812445 737394 045334 449268 953215 643152 776103 74586 00282 90881 22875 854
Total assets551 545508 190451 041382 411342 034364 396381 596361 525457 627511 156477 729452 743
Balance sheet — liabilities and equity
Current liabilities81 71073 70082 68498 27587 09783 721156 952129 536148 143211 291206 176252 947
Non-current liabilities735 931871 931882 231882 554882 231882 231913 248913 248886 248851 230798 330754 330
Total liabilities817 641945 631964 915980 829969 328965 9521 070 2001 042 7841 034 3911 062 5211 004 5061 007 277
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year-277 462-170 541-70 131-83 909-28 87626 178-87 03110 965104 49527 15924 588-27 758
Total equity-273 193-443 734-513 874-598 418-627 294-601 556-688 604-681 259-576 764-551 365-526 777-554 534
Income statement
Sales revenue255 242426 574573 368608 750730 119966 750695 483590 0771 361 0911 557 3891 557 6131 428 520
Operating profit-277 462-170 541-70 131-83 909-28 86026 292-86 95111 142104 65327 35024 630-27 650
Profit before income tax-277 462-170 541-70 131-83 909-28 86026 292-86 95111 142104 65327 35024 630-27 650
Profit for the reporting year-277 462-170 541-70 131-83 909-28 87626 178-87 03110 965104 49527 15924 588-27 758
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees172423262628232426313332
Calculated dividend—00000000000

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33,33%33,33%23,33%10%Sabiedrība ar ierobež…Bressan AndreaSakach Dmitry Radievi…1Panasyan RubenMujirishvili Shota
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "LOCALE"

Overview

Sabiedrība ar ierobežotu atbildību "LOCALE" (reg. no. 40103709625) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Grēcinieku iela 8.

Financial results

Revenue in 2025 was 1 428 520 €, down 8,3% on the previous year (1 557 613 €). From 2014 to 2025, revenue grew by an average of 16,9% per year. 2025 ended with a loss of 27 758 €. The company was profitable in 5 of the 12 published years. In 2025 the company had 32 employees (33 a year earlier). Revenue per employee was 44 641 €.

Management and owners

The company has one board member. According to the register, the company has 4 owners. The largest stake (33,3%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-554 534 €).

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.