SIA Gren LatvijaActive

40103854352Limited liability companyFounded 2014

Key figures

27 507 154 €+16,0%

Revenue 2025

Ratios

2025

44,2%

EBITDA margin

25,4%

Profit margin

62,5%

Equity ratio

1,7×

Current ratio

11,8%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

from the report

2025

No dividends were paid.

History

20250 €

20241 100 000 €

20230 €

20220 €

20210 €

20200 €

20197 004 809 €

20180 €

20170 €

20160 €

20150 €

20140 €

Summary of financial statements2014–2025

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	19 933 433	14 622 176	12 493 585	9 376 941	12 969 686	7 531 530	13 301 923	13 132 237	21 954 716	9 146 740	10 156 414	7 639 913
Total non-current assets	0	78 642 932	74 629 399	70 796 340	71 737 710	71 714 851	68 307 552	64 857 252	64 977 056	68 248 241	83 568 615	87 612 494
Total assets	19 933 433	93 265 108	87 122 984	80 173 281	84 707 396	79 246 381	81 609 475	77 989 489	86 931 772	77 394 981	93 725 029	95 252 407
Balance sheet — liabilities and equity
Current liabilities	1500	2 247 983	11 172 696	11 398 692	12 399 427	11 731 827	14 284 539	6 292 475	15 597 896	4 050 108	4 123 838	4 468 550
Non-current liabilities	0	69 445 137	51 969 641	41 836 325	42 493 364	42 253 681	39 593 209	39 389 009	39 070 929	28 809 789	38 844 966	31 274 343
Total liabilities	1500	71 693 120	63 142 337	53 235 017	54 892 791	53 985 508	53 877 748	45 681 484	54 668 825	32 859 897	42 968 804	35 742 893
Share capital	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-1521	3 480 640	2 408 659	2 957 617	2 876 341	2 451 077	2 470 854	6 924 960	6 363 841	3 635 718	6 511 392	6 998 250
Total equity	19 931 933	21 571 988	23 980 647	26 938 264	29 814 605	25 260 873	27 731 727	32 308 005	32 262 947	44 535 084	50 756 225	59 509 514
Income statement
Sales revenue	0	19 072 139	16 841 681	16 939 594	19 056 983	17 903 030	13 705 259	22 619 537	41 929 084	26 364 700	23 712 940	27 507 154
Operating profit	-1521	4 938 821	3 553 184	3 146 829	3 636 075	3 161 453	3 161 228	7 870 124	7 689 400	4 658 503	6 872 554	8 297 993
EBITDA	-1521	8 811 456	7 304 278	7 154 001	7 757 684	6 899 945	6 470 513	11 186 252	11 046 029	8 084 335	10 484 499	12 145 591
Profit before income tax	-1521	3 736 532	2 537 812	2 430 903	2 876 341	2 451 077	2 471 109	6 928 557	6 367 033	3 637 354	6 515 808	7 004 019
Profit for the reporting year	-1521	3 480 640	2 408 659	2 957 617	2 876 341	2 451 077	2 470 854	6 924 960	6 363 841	3 635 718	6 511 392	6 998 250
Labour costs	0	765 323	734 445	844 482	861 855	965 757	965 528	1 618 865	1 548 798	1 779 449	1 805 531	2 118 112
Depreciation of non-current assets	0	3 872 635	3 751 094	4 007 172	4 121 609	3 738 492	3 309 285	3 316 128	3 356 629	3 425 832	3 611 945	3 847 598
Other indicators
Employees	2	31	30	31	31	31	31	33	33	35	40	40
Calculated dividend	0	0	0	0	0	7 004 809	0	0	0	0	1 100 000	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 Gren Latvija

Overview

SIA Gren Latvija (reg. no. 40103854352) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Jelgava, Rūpniecības iela 73A.

Financial results

Revenue in 2025 was 27 507 154 €, up 16,0% on the previous year (23 712 940 €). Net profit for 2025 was 6 998 250 € (25,4% of revenue). The company was profitable in 11 of the 12 published years. In 2025 the company had 40 employees. Revenue per employee was 687 679 €. At the end of 2025, total assets were 95 252 407 € and equity 59 509 514 € (62,5% of assets).

Management and owners

The board has 3 members. The sole owner of the company is Gren Oy. The company holds stakes in 3 active Latvian companies.

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.