SIA "Friends Of Frames"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 45 229 | 43 887 | 43 814 | 60 711 | 69 440 | 85 043 | 81 860 | 84 090 | 95 003 | 110 236 | 95 872 |
| Total non-current assets | 1006 | 523 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 1042 | 595 |
| Total assets | 46 235 | 44 410 | 43 854 | 60 711 | 69 440 | 85 043 | 81 860 | 84 090 | 95 003 | 111 278 | 96 467 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 44 050 | 50 | 0 | 7910 | 6987 | 8173 | 2198 | 1848 | 5964 | 89 215 | 57 639 |
| Non-current liabilities | 0 | 43 000 | 43 000 | 43 000 | 22 500 | 22 500 | 2500 | 2500 | 0 | 0 | 0 |
| Total liabilities | 44 050 | 43 050 | 43 000 | 50 910 | 29 487 | 30 673 | 4698 | 4348 | 5964 | 89 215 | 57 639 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -615 | -825 | -507 | 8947 | 30 152 | 14 417 | 22 792 | 2580 | 9297 | 13 024 | 16 766 |
| Total equity | 2185 | 1360 | 854 | 9801 | 39 953 | 54 370 | 77 162 | 79 742 | 89 039 | 22 063 | 38 828 |
| Income statement | |||||||||||
| Sales revenue | 0 | 0 | 1640 | 18 228 | 38 331 | 31 503 | 25 871 | 4500 | 14 250 | 16 500 | 20 900 |
| Operating profit | -565 | -775 | -607 | 8987 | 30 152 | 23 170 | 22 803 | 940 | 9301 | 12 807 | 16 835 |
| Profit before income tax | -565 | -775 | -507 | 8947 | 30 152 | 14 417 | 22 792 | 2580 | 9297 | 13 024 | 16 766 |
| Profit for the reporting year | -615 | -825 | -507 | 8947 | 30 152 | 14 417 | 22 792 | 2580 | 9297 | 13 024 | 16 766 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 000 | 0 |
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 "Friends Of Frames"
Overview
SIA "Friends Of Frames" (reg. no. 40103824108) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Mazā Skolas iela 2 - 1.
Financial results
Revenue in 2025 was 20 900 €, up 26,7% on the previous year (16 500 €). Net profit for 2025 was 16 766 € (80,2% of revenue). The company was profitable in 8 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 10 450 €. At the end of 2025, total assets were 96 467 € and equity 38 828 € (40,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "OTS 4".
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.