SIA "Padel"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 36 893 € (62% 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 | 16 636 | 12 973 | 60 667 | 121 769 | 61 681 | 73 124 | 89 281 | 161 135 |
| Total non-current assets | 59 758 | 53 268 | 46 779 | 67 736 | 58 533 | 49 330 | 215 256 | 380 914 |
| Total assets | 76 394 | 66 241 | 107 446 | 189 505 | 120 214 | 122 454 | 304 537 | 542 049 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 2006 | 1522 | 35 857 | 81 602 | 12 805 | 30 297 | 244 545 | 111 742 |
| Non-current liabilities | 87 500 | 129 600 | 138 000 | 117 300 | 96 800 | 70 100 | 299 | 28 500 |
| Total liabilities | 89 506 | 131 122 | 173 857 | 198 902 | 109 605 | 100 397 | 244 844 | 140 242 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -34 512 | -53 169 | -1530 | 57 014 | 20 006 | 11 448 | 37 637 | 379 007 |
| Total equity | -13 112 | -64 881 | -66 411 | -9397 | 10 609 | 22 057 | 59 693 | 401 807 |
| Income statement | ||||||||
| Sales revenue | 5244 | 93 855 | 396 252 | 770 808 | 358 379 | 106 586 | 261 891 | 929 027 |
| Operating profit | -34 449 | -53 093 | -1435 | 57 072 | 20 111 | 5865 | 40 479 | 394 735 |
| Profit before income tax | -34 512 | -53 169 | -1530 | 57 014 | 20 006 | 11 448 | 38 711 | 388 408 |
| Profit for the reporting year | -34 512 | -53 169 | -1530 | 57 014 | 20 006 | 11 448 | 37 637 | 379 007 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 36 893 |
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 "Padel"
Overview
SIA "Padel" (reg. no. 40203138362) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Ķīšezera iela 9.
Financial results
Revenue in 2025 was 929 027 €, up 255% on the previous year (261 891 €). From 2018 to 2025, revenue grew by an average of 110% per year. This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 379 007 € (40,8% of revenue). The company was profitable in 5 of the 8 published years. In 2025 the company had 6 employees (2 a year earlier). Revenue per employee was 154 838 €. At the end of 2025, total assets were 542 049 € and equity 401 807 € (74,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) 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.