Sabiedrība ar ierobežotu atbildību "Art Fairs Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 400 000 € (37% 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).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 100 774 | 83 312 | 194 531 | 172 209 | 346 227 | 499 779 | 309 685 | 611 513 | 1 098 940 | 819 188 | 692 403 | 533 275 |
| Total non-current assets | 194 864 | 178 663 | 296 799 | 290 754 | 335 135 | 268 382 | 248 643 | 434 547 | 562 312 | 793 262 | 1 466 681 | 2 394 414 |
| Total assets | 295 638 | 261 975 | 491 330 | 462 963 | 681 362 | 768 161 | 558 328 | 1 046 060 | 1 661 252 | 1 612 450 | 2 159 084 | 2 927 689 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 33 519 | 52 884 | 110 365 | 95 465 | 109 774 | 185 428 | 116 499 | 266 615 | 368 515 | 589 207 | 606 558 | 621 216 |
| Non-current liabilities | 213 970 | 208 314 | 278 880 | 249 240 | 268 889 | 115 496 | 34 684 | 73 549 | 265 448 | 214 834 | 481 119 | 1 146 948 |
| Total liabilities | 247 489 | 261 198 | 389 245 | 344 705 | 378 663 | 300 924 | 151 183 | 340 164 | 633 963 | 804 041 | 1 087 677 | 1 768 164 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 42 964 | -48 576 | 97 110 | 75 951 | 181 241 | 271 771 | -60 092 | 383 828 | 387 013 | 181 120 | 462 998 | 488 118 |
| Total equity | 46 964 | -1612 | 102 085 | 118 258 | 302 699 | 467 237 | 407 145 | 705 896 | 1 027 289 | 808 409 | 1 071 407 | 1 159 525 |
| Income statement | ||||||||||||
| Sales revenue | 336 508 | 543 603 | 825 561 | 1 231 220 | 1 493 848 | 1 596 135 | 629 761 | 1 572 288 | 2 428 806 | 2 806 026 | 4 044 046 | 4 610 976 |
| Operating profit | 70 862 | -24 811 | 135 014 | 88 287 | 189 799 | 280 374 | -54 344 | 405 324 | 415 399 | 329 887 | 537 375 | 624 282 |
| Profit before income tax | 53 509 | -50 137 | 108 948 | 81 021 | 181 492 | 272 225 | -59 874 | 402 977 | 404 034 | 305 167 | 516 861 | 594 294 |
| Profit for the reporting year | 42 964 | -48 576 | 97 110 | 75 951 | 181 241 | 271 771 | -60 092 | 383 828 | 387 013 | 181 120 | 462 998 | 488 118 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 3 | 5 | 14 | 34 | 34 | 17 | 28 | 38 | 43 | 53 | 64 |
| Calculated dividend | 0 | 0 | 0 | 59 778 | 0 | 107 233 | 0 | 85 077 | 65 620 | 400 000 | 200 000 | 400 000 |
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 "follow.art" — 20%
Summary: Sabiedrība ar ierobežotu atbildību "Art Fairs Service"
Overview
Sabiedrība ar ierobežotu atbildību "Art Fairs Service" (reg. no. 40103755624) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Biķernieku iela 22.
Financial results
Revenue in 2025 was 4 610 976 €, up 14,0% on the previous year (4 044 046 €). From 2014 to 2025, revenue grew by an average of 26,9% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 488 118 € (10,6% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 64 employees (53 a year earlier). Revenue per employee was 72 047 €. At the end of 2025, total assets were 2 927 689 € and equity 1 159 525 € (39,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 4 owners. The largest stake (51%) is held by SIA "Mellis community". The company holds a stake in one other active Latvian company.
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.