SIA "Polar"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 25 000 € (35% 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 | 668 | 27 174 | 3761 | 25 529 | 4618 | 19 893 | 50 735 | 48 979 | 76 208 | 83 907 | 89 700 | 183 266 |
| Total non-current assets | 0 | 19 322 | 15 188 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 668 | 46 496 | 18 949 | 25 529 | 4618 | 19 893 | 50 735 | 48 979 | 76 208 | 83 907 | 89 700 | 183 266 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 3677 | 35 292 | 392 | 5774 | 500 | 5718 | 20 329 | 8597 | 20 660 | 11 564 | 17 913 | 30 670 |
| Non-current liabilities | 0 | 0 | 12 400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 3677 | 35 292 | 12 792 | 5774 | 500 | 5718 | 20 329 | 8597 | 20 660 | 11 564 | 17 913 | 30 670 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3109 | 14 213 | -5047 | 13 598 | 1318 | 10 057 | 16 231 | 9976 | 15 166 | 29 855 | 10 944 | 105 809 |
| Total equity | -3009 | 11 204 | 6157 | 19 755 | 4118 | 14 175 | 30 406 | 40 382 | 55 548 | 72 343 | 71 787 | 152 596 |
| Income statement | ||||||||||||
| Sales revenue | 83 | 62 318 | 72 800 | 28 724 | 5000 | 27 863 | 69 330 | 61 613 | 74 888 | 129 626 | 133 083 | 256 260 |
| Operating profit | -3102 | 19 822 | -5047 | 13 598 | 1318 | 10 057 | 16 239 | 10 009 | 14 979 | 33 129 | 13 834 | 112 059 |
| Profit before income tax | -3102 | 19 822 | -5047 | 13 598 | 1318 | 10 057 | 16 239 | 10 009 | 15 175 | 33 150 | 13 834 | 112 059 |
| Profit for the reporting year | -3109 | 14 213 | -5047 | 13 598 | 1318 | 10 057 | 16 231 | 9976 | 15 166 | 29 855 | 10 944 | 105 809 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 16 955 | 0 | 0 | 0 | 0 | 13 060 | 11 500 | 25 000 |
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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Summary: SIA "Polar"
Overview
SIA "Polar" (reg. no. 40103769446) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Pērnavas iela 5.
Financial results
Revenue in 2025 was 256 260 €, up 92,6% on the previous year (133 083 €). From 2014 to 2025, revenue grew by an average of 108% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 105 809 € (41,3% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 256 260 €. At the end of 2025, total assets were 183 266 € and equity 152 596 € (83,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.