SIA "Piens Fest"Active

40103719801Limited liability companyFounded 2013

Key figures

378 038 €-23,1%
Revenue 2025
+35,8%
Average annual growth 2013–2025
0250 k500 k750 k1 m’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 2658 € (3% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~2658 €
2024 ~2801 €
2023 ~13 900 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets11 383282036468703141220 57132 62316 9767928214 631217 191163 15919 654
Total non-current assets257518560002068774105039585476336252603066
Total assets13 958467636468703141222 63933 39718 02611 886220 107220 553168 41922 720
Balance sheet — liabilities and equity
Current liabilities987819 07820 82822 97735 87644 56852 33352 40622 70189 909125 32273 83451 049
Non-current liabilities0000000000000
Total liabilities987819 07820 82822 97735 87644 56852 33352 40622 70189 909125 32273 83451 049
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year1972-20 207-27802908-20 19012 5352993-15 44423 565141 013-21 0672155-120 256
Total equity4080-14 402-17 182-14 274-34 464-21 929-18 936-34 380-10 815130 19895 23194 585-28 329
Income statement
Sales revenue961875 79710 55349 09391 977207 246259 137195 986138 777715 804902 078491 805378 038
Operating profit1972-19 986-17602908-20 19012 5352993-15 44423 565141 013-17 5922855-120 068
Profit before income tax1972-19 986-27802908-20 19012 5352993-15 44423 565141 013-17 5922855-120 068
Profit for the reporting year1972-20 207-27802908-20 19012 5352993-15 44423 565141 013-21 0672155-120 256
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees710333813121010101517
Calculated dividend—00000000013 90028012658

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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100%SIA "Piens Fest"1Mielavs Mārtiņš
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Piens Fest"

Overview

SIA "Piens Fest" (reg. no. 40103719801) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Slampes iela 1.

Financial results

Revenue in 2025 was 378 038 €, down 23,1% on the previous year (491 805 €). From 2013 to 2025, revenue grew by an average of 35,8% per year. 2025 ended with a loss of 120 256 €. The company was profitable in 7 of the 13 published years. In 2025 the company had 17 employees (15 a year earlier). Revenue per employee was 22 238 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-28 329 €).

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.