Patria Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2775 | 2732 | 2690 | 726 | 20 506 | 72 232 | 2 260 040 | 1 489 958 | 1 157 062 | 2 668 945 | 3 233 633 |
| Total non-current assets | 0 | 0 | 0 | 0 | 272 | 9326 | 128 827 | 152 664 | 148 468 | 145 948 | 189 561 |
| Total assets | 2775 | 2732 | 2690 | 726 | 20 778 | 81 558 | 2 388 867 | 1 642 622 | 1 305 530 | 2 814 893 | 3 423 194 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 14 | 64 | 115 | 8184 | 16 564 | 476 987 | 2 025 288 | 1 331 969 | 970 575 | 2 427 739 | 2 891 489 |
| Non-current liabilities | 0 | 0 | 0 | 26 216 | 208 351 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 14 | 64 | 115 | 34 400 | 224 915 | 476 987 | 2 025 288 | 1 331 969 | 970 575 | 2 427 739 | 2 891 489 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -39 | -93 | -93 | -36 249 | -170 463 | -191 293 | 759 008 | -52 925 | 24 302 | 52 199 | 144 551 |
| Total equity | 2761 | 2668 | 2575 | -33 674 | -204 137 | -395 429 | 363 579 | 310 653 | 334 955 | 387 154 | 531 705 |
| Income statement | |||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 1200 | 20 732 | 9 104 367 | 1 072 163 | 1 903 265 | 1 877 797 | 3 175 525 |
| Operating profit | -39 | -43 | -43 | -36 249 | -166 229 | -188 439 | 762 008 | -57 055 | 22 993 | 51 656 | 144 767 |
| Profit before income tax | -39 | -43 | -43 | -36 249 | -169 628 | -190 738 | 759 060 | -52 486 | 24 313 | 52 212 | 144 767 |
| Profit for the reporting year | -39 | -93 | -93 | -36 249 | -170 463 | -191 293 | 759 008 | -52 925 | 24 302 | 52 199 | 144 551 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 0 | 0 | 0 | 1 | 2 | 2 | 3 | 4 | 4 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: Patria Latvia SIA
Overview
Patria Latvia SIA (reg. no. 40103840901) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Valmieras nov., Valmiera, Meistaru iela 2.
Financial results
Revenue in 2025 was 3 175 525 €, up 69,1% on the previous year (1 877 797 €). Net profit for 2025 was 144 551 € (4,6% of revenue). The company was profitable in 4 of the 11 published years. In 2025 the company had 4 employees. Revenue per employee was 793 881 €. At the end of 2025, total assets were 3 423 194 € and equity 531 705 € (15,5% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Patria Oyj. 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.