SIA "District Heating Partner"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 8000 € (5% 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 | 49 778 | 112 054 | 113 008 | 85 877 | 82 926 | 149 499 | 193 156 | 100 816 |
| Total non-current assets | 1246 | 15 323 | 35 643 | 23 807 | 32 397 | 25 737 | 16 884 | 13 028 |
| Total assets | 51 024 | 127 377 | 148 651 | 109 684 | 115 323 | 175 236 | 210 040 | 113 844 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 12 433 | 58 548 | 97 114 | 77 173 | 69 105 | 37 529 | 43 409 | 33 149 |
| Non-current liabilities | 0 | 0 | 8763 | 6350 | 12 748 | 7060 | 2509 | 0 |
| Total liabilities | 12 433 | 58 548 | 105 877 | 83 523 | 81 853 | 44 589 | 45 918 | 33 149 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 35 791 | 52 238 | 23 946 | 3386 | 7309 | 97 177 | 33 475 | -75 427 |
| Total equity | 38 591 | 68 829 | 42 774 | 26 161 | 33 470 | 130 647 | 164 122 | 80 695 |
| Income statement | ||||||||
| Sales revenue | 113 600 | 310 747 | 390 103 | 280 998 | 273 645 | 348 726 | 348 395 | 337 086 |
| Operating profit | 35 794 | 57 741 | 41 164 | 8682 | 7708 | 98 103 | 34 156 | -73 153 |
| Profit before income tax | 35 791 | 57 738 | 36 446 | 8386 | 7309 | 97 177 | 33 475 | -73 427 |
| Profit for the reporting year | 35 791 | 52 238 | 23 946 | 3386 | 7309 | 97 177 | 33 475 | -75 427 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 6 | 8 | 8 | 7 | 7 | 7 | 7 |
| Calculated dividend | — | 22 000 | 50 001 | 19 999 | 0 | 0 | 0 | 8000 |
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 "District Heating Partner"
Overview
SIA "District Heating Partner" (reg. no. 40203124127) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Stopiņu iela 8 k-1 - 23.
Financial results
Revenue in 2025 was 337 086 €, down 3,2% on the previous year (348 395 €). From 2018 to 2025, revenue grew by an average of 16,8% per year. 2025 ended with a loss of 75 427 €. The company was profitable in 7 of the 8 published years. In 2025 the company had 7 employees. Revenue per employee was 48 155 €. At the end of 2025, total assets were 113 844 € and equity 80 695 € (70,9% of assets).
Management and owners
According to the register, the company has 2 owners. The largest stake (76%) 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.