SIA European Lingerie GroupActive
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2017–2023
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 36 344 320 | 1 421 410 | 249 496 | 8 731 320 | 24 185 378 | 4 271 754 | 552 331 |
| Total non-current assets | 26 468 770 | 47 057 036 | 61 889 272 | 61 670 282 | 60 182 529 | 65 276 721 | 70 807 382 |
| Total assets | 62 813 090 | 48 478 446 | 62 138 768 | 70 401 602 | 84 367 907 | 69 548 475 | 71 359 713 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 47 779 382 | 464 540 | 11 775 324 | 17 650 266 | 4 363 474 | 23 661 384 | 27 290 424 |
| Non-current liabilities | 3 235 793 | 9 513 534 | 11 928 311 | 6 990 837 | 43 451 185 | 25 002 234 | 15 226 112 |
| Total liabilities | 51 015 175 | 9 978 074 | 23 703 635 | 24 641 103 | 47 814 659 | 48 663 618 | 42 516 536 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -3 814 586 | -1 047 094 | -65 239 | 7 325 365 | -9 207 251 | -15 668 391 | -3 041 680 |
| Total equity | 6 805 605 | 38 500 372 | 38 435 133 | 45 760 499 | 36 553 248 | 20 884 857 | 28 843 177 |
| Income statement | |||||||
| Sales revenue | 40 131 250 | 102 684 | 123 548 | 586 408 | 236 906 | 279 536 | 375 135 |
| Operating profit | -272 291 | -409 720 | -120 746 | -540 774 | -18 448 877 | -28 263 576 | -1 399 481 |
| EBITDA | 1 514 421 | — | — | — | — | — | — |
| Profit before income tax | -3 771 438 | -1 046 398 | -64 703 | 7 325 978 | -9 206 824 | -15 668 184 | -3 041 464 |
| Profit for the reporting year | -3 814 586 | -1 047 094 | -65 239 | 7 325 365 | -9 207 251 | -15 668 391 | -3 041 680 |
| Labour costs | 12 188 659 | — | — | — | — | — | — |
| Depreciation of non-current assets | 1 786 712 | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | — | 4 | 4 | 4 | 3 | 4 | 2 |
| Calculated dividend | 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: SIA European Lingerie Group
Overview
SIA European Lingerie Group (reg. no. 40203062787) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Liepāja, Ziemeļu iela 19.
Financial results
Revenue in 2023 was 375 135 €, up 34,2% on the previous year (279 536 €). From 2017 to 2023, revenue declined by an average of 54,1% per year. 2023 ended with a loss of 3 041 680 €. The company was profitable in 1 of the 7 published years. In 2023 the company had 2 employees (4 a year earlier). Revenue per employee was 187 568 €. At the end of 2023, total assets were 71 359 713 € and equity 28 843 177 € (40,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) is held by European Lingerie Group AB (publ). The company holds a stake in one other active Latvian company.
Points to note
The latest published annual report is for 2023.
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.