SIA "GelvoraSergel"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 500 000 € (6% of equity at the end of the previous year).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 10 035 393 | 12 280 696 | 5 576 529 | 9 248 849 | 10 341 364 | 10 690 821 | 10 618 113 | 9 707 761 | 7 659 397 | 14 874 271 | 19 242 775 |
| Total non-current assets | 851 453 | 516 993 | 16 246 855 | 28 736 186 | 31 219 872 | 30 854 364 | 26 176 039 | 21 635 847 | 16 334 261 | 13 127 204 | 19 860 115 |
| Total assets | 10 886 846 | 12 797 689 | 21 823 384 | 37 985 035 | 41 561 236 | 41 545 185 | 36 794 152 | 31 343 608 | 23 993 658 | 28 001 475 | 39 102 890 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 3 020 695 | 3 910 470 | 5 683 101 | 9 262 969 | 15 453 869 | 14 144 077 | 6 550 272 | 7 784 837 | 713 294 | 759 855 | 6 907 255 |
| Non-current liabilities | 0 | 0 | 5 784 453 | 4 064 453 | 520 000 | 796 453 | 300 000 | 0 | 350 452 | 283 367 | 181 608 |
| Total liabilities | 3 020 695 | 3 910 470 | 11 467 554 | 13 327 422 | 15 973 869 | 14 940 530 | 6 850 272 | 7 784 837 | 1 063 746 | 1 043 222 | 7 088 863 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1 861 772 | 1 951 954 | 2 444 588 | 4 431 493 | 1 929 754 | 1 889 600 | 4 503 716 | 2 618 607 | 1 978 855 | 4 028 341 | 11 062 970 |
| Total equity | 7 866 151 | 8 887 219 | 10 355 830 | 24 657 613 | 25 587 367 | 26 511 967 | 29 851 192 | 23 466 083 | 22 837 224 | 26 865 565 | 31 921 339 |
| Income statement | |||||||||||
| Sales revenue | 3 173 852 | 3 568 827 | 3 781 353 | 8 264 337 | 7 045 187 | 6 862 809 | 9 673 645 | 8 175 120 | 7 811 719 | 8 550 055 | 17 796 369 |
| Operating profit | 1 374 058 | 1 619 393 | 2 653 345 | 4 941 182 | 2 611 322 | 2 607 602 | 5 052 250 | 3 872 666 | 2 666 307 | 3 900 914 | 12 149 720 |
| Profit before income tax | 1 655 105 | 1 866 595 | 2 869 704 | 4 436 704 | 1 940 452 | 1 895 053 | 4 517 868 | 3 718 079 | 2 641 654 | 4 028 963 | 12 554 806 |
| Profit for the reporting year | 1 861 772 | 1 951 954 | 2 444 588 | 4 431 493 | 1 929 754 | 1 889 600 | 4 503 716 | 2 618 607 | 1 978 855 | 4 028 341 | 11 062 970 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 63 | 71 | 80 | 90 | 111 | 109 | 101 | 96 | 93 | 88 | 71 |
| Calculated dividend | 0 | 930 886 | 975 977 | 1 222 294 | 0 | 965 000 | 1 163 536 | 4 503 716 | 7 107 714 | 0 | 1 500 000 |
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 "GelvoraSergel"
Overview
SIA "GelvoraSergel" (reg. no. 40103837691) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Skanstes iela 25.
Financial results
Revenue in 2025 was 17 796 369 €, up 108% on the previous year (8 550 055 €). From 2015 to 2025, revenue grew by an average of 18,8% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 11 062 970 € (62,2% of revenue). The company was profitable in all 11 published years. In 2025 the company had 71 employees (88 a year earlier). Revenue per employee was 250 653 €. At the end of 2025, total assets were 39 102 890 € and equity 31 921 339 € (81,6% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Marginalen AB.
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.