Sabiedrība ar ierobežotu atbildību "Norden Group"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 35 000 € (1% 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 | 6789 | 27 454 | 90 814 | 58 429 | 73 045 | 8 956 586 | 7 202 871 | 6 587 046 | 6 598 024 | 2 847 532 | 3 234 188 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 2450 | 257 803 | 965 423 | 894 281 | 721 903 | 48 457 |
| Total assets | 6789 | 27 454 | 90 814 | 58 429 | 73 045 | 8 959 036 | 7 460 674 | 7 552 469 | 7 492 305 | 3 569 435 | 3 282 645 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 1684 | 4311 | 131 540 | 103 411 | 91 779 | 151 223 | 144 781 | 142 964 | 149 079 | 142 611 | 156 390 |
| Non-current liabilities | 0 | 35 441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1684 | 39 752 | 131 540 | 103 411 | 91 779 | 151 223 | 144 781 | 142 964 | 149 079 | 142 611 | 156 390 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4105 | -17 403 | -30 428 | -7256 | 15 354 | 8 800 956 | -491 920 | 93 612 | -66 279 | -2 609 321 | -265 569 |
| Total equity | 5105 | -12 298 | -40 726 | -44 982 | -18 734 | 8 807 813 | 7 315 893 | 7 409 505 | 7 343 226 | 3 426 824 | 3 126 255 |
| Income statement | |||||||||||
| Sales revenue | 69 986 | 28 574 | 927 884 | 14 945 | 165 901 | 19 648 856 | 60 273 | 7 141 051 | 423 372 | 212 932 | 78 179 |
| Operating profit | 4902 | -17 403 | -30 428 | -7256 | 15 354 | 8 801 193 | -242 090 | 99 237 | -66 274 | -2 569 468 | -256 514 |
| Profit before income tax | 4902 | -17 403 | -30 428 | -7256 | 15 354 | 8 801 193 | -242 090 | 97 737 | -66 274 | -2 569 468 | -256 514 |
| Profit for the reporting year | 4105 | -17 403 | -30 428 | -7256 | 15 354 | 8 800 956 | -491 920 | 93 612 | -66 279 | -2 609 321 | -265 569 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 1 000 000 | 0 | 0 | 1 307 081 | 35 000 |
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
- Norden Pharma SIA — 100%
- NORDEN FINANCE SIA — 20%
Summary: Sabiedrība ar ierobežotu atbildību "Norden Group"
Overview
Sabiedrība ar ierobežotu atbildību "Norden Group" (reg. no. 40103872150) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Brīvības iela 40 - 43.
Financial results
Revenue in 2025 was 78 179 €, down 63,3% on the previous year (212 932 €). From 2015 to 2025, revenue grew by an average of 1,1% per year. 2025 ended with a loss of 265 569 €. The company was profitable in 4 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 39 090 €. At the end of 2025, total assets were 3 282 645 € and equity 3 126 255 € (95,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 2 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.