SIA "Good Steel"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 16 995 | 43 525 | 22 126 | 54 973 | 91 257 | 107 674 | 73 056 |
| Total non-current assets | 14 888 | 11 719 | 66 806 | 74 529 | 64 595 | 130 782 | 191 760 |
| Total assets | 31 883 | 55 244 | 88 932 | 129 502 | 155 852 | 238 456 | 264 816 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 28 894 | 0 | 0 | 74 363 | 109 408 | 86 303 | 106 336 |
| Non-current liabilities | 0 | 36 441 | 69 180 | 32 450 | 13 485 | 104 948 | 110 001 |
| Total liabilities | 28 894 | 36 441 | 69 180 | 106 813 | 122 893 | 191 251 | 216 337 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 190 | 15 814 | 949 | 2937 | 10 270 | 14 248 | 1274 |
| Total equity | 2989 | 18 803 | 19 752 | 22 689 | 32 959 | 47 205 | 48 479 |
| Income statement | |||||||
| Sales revenue | 54 190 | 210 846 | 304 025 | 360 590 | 382 685 | 584 159 | 264 423 |
| Operating profit | 190 | 16 345 | 2321 | 6285 | 11 717 | 15 466 | 1432 |
| Profit before income tax | 190 | 15 814 | 949 | 2937 | 10 270 | 14 248 | 1274 |
| Profit for the reporting year | 190 | 15 814 | 949 | 2937 | 10 270 | 14 248 | 1274 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 3 | 4 | 5 | 6 | 8 | 8 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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 "Good Steel"
Overview
SIA "Good Steel" (reg. no. 40203174452) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Siguldas nov., Inčukalna pag., Krustiņi, "Vītiņkalni".
Financial results
Revenue in 2025 was 264 423 €, down 54,7% on the previous year (584 159 €). From 2019 to 2025, revenue grew by an average of 30,2% per year. Net profit for 2025 was 1274 € (0,5% of revenue). The company was profitable in all 7 published years. In 2025 the company had 8 employees. Revenue per employee was 33 053 €. At the end of 2025, total assets were 264 816 € and equity 48 479 € (18,3% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (45%) 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.