SIA "ERG Auto Motors"Active

40203071968Limited liability companyFounded 2017

Key figures

166 630 €-24,1%
Revenue 2025
+24,6%
Average annual growth 2017–2025
0100 k200 k300 k’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets22 03824 61133 27450 14158 84969 76444 60129 78523 341
Total non-current assets201944565986658445273101578
Total assets22 23925 55533 83951 12759 50770 20944 87429 88623 919
Balance sheet — liabilities and equity
Current liabilities14 42028 58165 346106 344143 636168 031177 852149 896143 495
Non-current liabilities000000000
Total liabilities14 42028 58165 346106 344143 636168 031177 852149 896143 495
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year6419-10 845-28 481-23 786-28 912-13 644-35 1579920434
Total equity7819-3026-31 507-55 217-84 129-97 822-132 978-120 010-119 576
Income statement
Sales revenue28 687108 46996 696128 908132 717142 967148 894219 671166 630
Operating profit7543-10 845-28 481-23 786-28 912-13 644-35 1579920434
Profit before income tax7543-10 845-28 481-23 786-28 912-13 644-35 1579920434
Profit for the reporting year6419-10 845-28 481-23 786-28 912-13 644-35 1579920434
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees244555564
Calculated dividend—00000000

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%SIA "ERG Auto Motors"1Grotāns Egīls2Grotāns Rihards
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Summary: SIA "ERG Auto Motors"

Overview

SIA "ERG Auto Motors" (reg. no. 40203071968) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Upes iela 2A - 20.

Financial results

Revenue in 2025 was 166 630 €, down 24,1% on the previous year (219 671 €). From 2017 to 2025, revenue grew by an average of 24,6% per year. Net profit for 2025 was 434 € (0,3% of revenue). The company was profitable in 3 of the 9 published years. In 2025 the company had 4 employees (6 a year earlier). Revenue per employee was 41 658 €.

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-119 576 €).

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.