Sabiedrība ar ierobežotu atbildību "Palus"Active

40103997494Limited liability companyFounded 2016

Key figures

1 748 997 €-6,9%
Revenue 2025
+35,4%
Average annual growth 2016–2025
01 m2 m3 m’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~101 659 €
20210 €
20200 €
20190 €
20180 €
20170 €
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets499030 641309 279374 010502 560676 604696 749635 119804 678697 555
Total non-current assets76274585 52688 134115 107138 859219 269452 261468 552497 566
Total assets575231 386394 805462 144617 667815 463916 0181 087 3801 273 2301 195 121
Balance sheet — liabilities and equity
Current liabilities15 40328 15974 21552 18180 626122 36593 830122 588268 08986 602
Non-current liabilities000058 01375 226682418 03211 30439 654
Total liabilities15 40328 15974 21552 181138 639197 591100 654140 620279 393126 256
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year-12 45112 878302 36389 37369 065138 844299 15129 73747 07775 028
Total equity-96513227320 590409 963479 028617 872815 364946 760993 8371 068 865
Income statement
Sales revenue114 404465 421824 077799 850685 1511 187 8922 160 4981 482 7531 878 7551 748 997
Operating profit-12 45113 299302 72090 52770 144144 715304 45931 10948 43976 934
Profit before income tax-12 45113 299302 41189 37369 065138 844299 15129 75747 16675 771
Profit for the reporting year-12 45112 878302 36389 37369 065138 844299 15129 73747 07775 028
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees2234444898
Calculated dividend—00000101 659000

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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50%50%Sabiedrība ar ierobež…5Krustiņš Emīls3Stulpāns Reinis
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Summary: Sabiedrība ar ierobežotu atbildību "Palus"

Overview

Sabiedrība ar ierobežotu atbildību "Palus" (reg. no. 40103997494) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Kazarmu iela 2 - 24.

Financial results

Revenue in 2025 was 1 748 997 €, down 6,9% on the previous year (1 878 755 €). From 2016 to 2025, revenue grew by an average of 35,4% per year. Net profit for 2025 was 75 028 € (4,3% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 218 625 €. At the end of 2025, total assets were 1 195 121 € and equity 1 068 865 € (89,4% 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 a private individual.

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.