AS "HSFS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 5 640 000 € (28% 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 statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 6226 | 1 204 310 | 128 948 | 8175 | 4 881 357 | 9 475 733 | 18 736 126 | 25 005 096 |
| Total non-current assets | 224 100 | 1 235 683 | 4 025 322 | 4 025 119 | 1 116 123 | 1 332 413 | 1 377 613 | 1 375 613 |
| Total assets | 230 326 | 2 439 993 | 4 154 270 | 4 033 294 | 5 997 480 | 10 808 146 | 20 113 739 | 26 380 709 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 7143 | 478 799 | 433 720 | 647 703 | 812 909 | 43 340 | 34 775 | 3067 |
| Non-current liabilities | 200 000 | 1 237 000 | 2 673 000 | 2 681 500 | 0 | 0 | 0 | 0 |
| Total liabilities | 207 143 | 1 715 799 | 3 106 720 | 3 329 203 | 812 909 | 43 340 | 34 775 | 3067 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -11 817 | 697 511 | 1 009 050 | 553 541 | 4 480 480 | 5 580 235 | 11 114 158 | 11 938 678 |
| Total equity | 23 183 | 724 194 | 1 047 550 | 704 091 | 5 184 571 | 10 764 806 | 20 078 964 | 26 377 642 |
| Income statement | ||||||||
| Sales revenue | 0 | 0 | 105 181 | 4205 | 28 596 | 0 | 0 | 0 |
| Operating profit | -9422 | -62 851 | -96 033 | -118 996 | 4 789 790 | 6 322 764 | 10 141 347 | 11 671 794 |
| Profit before income tax | -11 817 | 1 599 970 | 3 009 978 | 4 122 488 | 4 530 530 | 10 182 285 | 17 930 308 | 18 915 563 |
| Profit for the reporting year | -11 817 | 697 511 | 1 009 050 | 553 541 | 4 480 480 | 5 580 235 | 11 114 158 | 11 938 678 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 685 694 | 897 000 | 0 | 0 | 1 800 000 | 5 640 000 |
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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Related companies
- SIA Lumino Nordic — 100%
Summary: AS "HSFS"
Overview
AS "HSFS" (reg. no. 40203124004) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Skanstes iela 52.
Financial results
There was no revenue in 2025. Net profit for 2025 was 11 938 678 €. The company was profitable in 7 of the 8 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 26 380 709 € and equity 26 377 642 € (100,0% of assets).
Management and owners
The company has one board member. 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.