SIA "SALMO GROUP"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 4 777 426 € (56% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 942 593 | 2 317 403 | 2 455 947 | 2 973 543 | 1 997 348 | 3 641 116 | 16 916 332 | 16 296 468 | 16 280 196 | 5 174 750 |
| Total non-current assets | 5075 | 13 394 | 11 484 | 9085 | 3431 | 1629 | 2 829 506 | 2 672 967 | 2 230 397 | 7 179 685 |
| Total assets | 947 668 | 2 330 797 | 2 467 431 | 2 982 628 | 2 000 779 | 3 642 745 | 19 745 838 | 18 969 435 | 18 510 593 | 12 354 435 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 830 481 | 2 201 667 | 2 344 882 | 2 718 674 | 1 732 794 | 3 269 905 | 6 028 071 | 10 117 006 | 2 014 059 | 171 815 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 7 450 649 | 1 420 528 | 7 964 191 | 7 648 950 |
| Total liabilities | 830 481 | 2 201 667 | 2 344 882 | 2 718 674 | 1 732 794 | 3 269 905 | 13 478 720 | 11 537 534 | 9 978 250 | 7 820 765 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 17 187 | 11 943 | -6580 | 141 405 | 4030 | 104 855 | 5 622 430 | 2 424 723 | 1 757 790 | 778 753 |
| Total equity | 117 187 | 129 130 | 122 549 | 263 954 | 267 985 | 372 840 | 6 267 118 | 7 431 901 | 8 532 343 | 4 533 670 |
| Income statement | ||||||||||
| Sales revenue | 2 234 483 | 7 528 395 | 9 237 629 | 10 077 402 | 9 363 784 | 10 097 396 | 12 449 703 | 24 159 859 | 21 459 251 | 5 688 025 |
| Operating profit | 42 378 | 8707 | 5911 | 171 028 | 19 140 | 99 914 | 294 575 | 2 576 640 | 2 347 603 | -347 932 |
| Profit before income tax | 20 165 | 13 199 | -6580 | 141 405 | 4030 | 104 855 | 5 622 430 | 2 960 531 | 2 237 380 | 778 753 |
| Profit for the reporting year | 17 187 | 11 943 | -6580 | 141 405 | 4030 | 104 855 | 5 622 430 | 2 424 723 | 1 757 790 | 778 753 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 14 | 15 | 15 | 15 | 15 | 15 | 94 | 109 | 107 | 10 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 341 894 | 234 630 | 0 | 4 777 426 |
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 "SALMO GROUP"
Overview
SIA "SALMO GROUP" (reg. no. 40103940508) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Skandu iela 7.
Financial results
Revenue in 2025 was 5 688 025 €, down 73,5% on the previous year (21 459 251 €). From 2016 to 2025, revenue grew by an average of 10,9% per year. Net profit for 2025 was 778 753 € (13,7% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 10 employees (107 a year earlier). Revenue per employee was 568 803 €. At the end of 2025, total assets were 12 354 435 € and equity 4 533 670 € (36,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by "PIE EZERROZĒM" SIA. 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.