AS "Storent Europe"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 500 000 € (1% of equity at the end of the previous year).
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 142 835 | 5335 | 5959 | 9 976 795 | 9 163 425 | 11 504 248 | 31 625 862 |
| Total non-current assets | 82 729 | 201 830 | 186 082 | 41 453 980 | 94 632 340 | 104 260 488 | 62 783 926 |
| Total assets | 225 564 | 207 165 | 192 041 | 51 430 775 | 103 795 765 | 115 764 736 | 94 409 788 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 21 134 | 21 776 | 22 439 | 19 070 804 | 12 499 712 | 32 292 706 | 12 228 645 |
| Non-current liabilities | 65 383 | 43 607 | 21 168 | 9 173 662 | 25 173 655 | 32 466 143 | 44 922 128 |
| Total liabilities | 86 517 | 65 383 | 43 607 | 28 244 466 | 37 673 367 | 64 758 849 | 57 150 773 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -10 953 | 2735 | 6652 | 4 774 540 | 4 781 063 | -3 011 898 | 11 481 379 |
| Total equity | 139 047 | 141 782 | 148 434 | 23 057 353 | 65 811 782 | 51 005 887 | 37 259 015 |
| Income statement | |||||||
| Sales revenue | 26 970 | 28 722 | 35 886 | 43 578 307 | 42 667 128 | 45 253 919 | 13 024 204 |
| Operating profit | -7701 | 1252 | 4309 | -676 881 | 7 576 807 | 2 038 622 | 11 460 126 |
| EBITDA | — | — | — | 4 510 514 | 13 712 717 | 11 441 753 | 12 373 105 |
| Profit before income tax | -10 943 | 2765 | 6672 | 4 809 953 | 5 505 742 | -2 378 212 | 11 494 496 |
| Profit for the reporting year | -10 953 | 2735 | 6652 | 4 774 540 | 4 781 063 | -3 011 898 | 11 481 379 |
| Labour costs | — | — | — | 8 338 616 | 8 830 068 | 11 399 901 | 1 175 165 |
| Depreciation of non-current assets | — | — | — | 5 187 395 | 6 135 910 | 9 403 131 | 912 979 |
| Other indicators | |||||||
| Employees | 3 | 3 | 3 | 240 | 231 | 244 | 14 |
| Calculated dividend | — | 0 | 0 | 0 | 2 398 470 | 3 905 942 | 500 000 |
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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Summary: AS "Storent Europe"
Overview
AS "Storent Europe" (reg. no. 40203174397) is a joint-stock company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Matrožu iela 15A.
Financial results
Revenue in 2025 was 13 024 204 €, down 71,2% on the previous year (45 253 919 €). From 2019 to 2025, revenue grew by an average of 180% per year. Net profit for 2025 was 11 481 379 € (88,2% of revenue). The company was profitable in 5 of the 7 published years. In 2025 the company had 14 employees (244 a year earlier). Revenue per employee was 930 300 €. At the end of 2025, total assets were 94 409 788 € and equity 37 259 015 € (39,5% of assets).
Management and owners
The board has 2 members. 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.