SIA polarstar.lvActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 40 000 € (27% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 17 638 | 29 741 | 26 027 | 57 194 | 105 390 | 133 751 | 227 389 | 424 641 | 235 923 | 332 262 | 446 578 |
| Total non-current assets | 4811 | 7163 | 18 070 | 15 105 | 25 582 | 20 801 | 83 185 | 103 481 | 107 099 | 374 274 | 579 641 |
| Total assets | 22 449 | 36 904 | 44 097 | 72 299 | 130 972 | 154 552 | 310 574 | 528 122 | 343 022 | 706 536 | 1 026 219 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 15 619 | 15 771 | 29 513 | 49 429 | 113 157 | 101 956 | 206 029 | 370 341 | 287 566 | 402 400 | 621 410 |
| Non-current liabilities | 0 | 529 | 6568 | 644 | 0 | 0 | 0 | 18 265 | 43 579 | 156 916 | 229 453 |
| Total liabilities | 15 619 | 16 300 | 36 081 | 50 073 | 113 157 | 101 956 | 206 029 | 388 606 | 331 145 | 559 316 | 850 863 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 3069 | 17 735 | 4412 | 18 620 | 13 589 | 34 780 | 51 949 | 34 971 | 9077 | 135 343 | 68 136 |
| Total equity | 5869 | 20 604 | 8016 | 22 226 | 17 815 | 52 596 | 104 545 | 139 516 | 11 877 | 147 220 | 175 356 |
| Income statement | |||||||||||
| Sales revenue | 194 740 | 130 405 | 148 540 | 195 719 | 257 928 | 369 143 | 624 890 | 1 135 193 | 1 869 922 | 1 809 765 | 2 464 362 |
| Operating profit | 3368 | 20 662 | 5075 | 18 620 | 13 589 | 34 780 | 51 949 | 34 971 | 168 485 | 138 453 | 77 237 |
| Profit before income tax | 3368 | 20 662 | 5075 | 18 620 | 13 589 | 34 780 | 51 949 | 34 971 | 168 485 | 135 542 | 78 242 |
| Profit for the reporting year | 3069 | 17 735 | 4412 | 18 620 | 13 589 | 34 780 | 51 949 | 34 971 | 9077 | 135 343 | 68 136 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 3 | 3 | 3 | 4 | 5 | 6 | 9 | 23 | 27 | 31 | 41 |
| Calculated dividend | — | 3000 | 17 000 | 4410 | 18 000 | 0 | 0 | 0 | 136 716 | 0 | 40 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA polarstar.lv
Overview
SIA polarstar.lv (reg. no. 40103806210) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Ogres nov., Ogre, Parka iela 8 - 3.
Financial results
Revenue in 2025 was 2 464 362 €, up 36,2% on the previous year (1 809 765 €). From 2015 to 2025, revenue grew by an average of 28,9% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 68 136 € (2,8% of revenue). The company was profitable in all 11 published years. In 2025 the company had 41 employees (31 a year earlier). Revenue per employee was 60 106 €. At the end of 2025, total assets were 1 026 219 € and equity 175 356 € (17,1% 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.