AS Grenardi GroupActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 3 803 791 | 7 703 359 | 11 207 341 | 18 478 861 | 28 489 044 | 2 850 116 |
| Total non-current assets | 4 080 051 | 4 643 083 | 6 768 877 | 17 114 884 | 17 267 981 | 31 854 950 |
| Total assets | 7 883 842 | 12 346 442 | 17 976 218 | 35 593 745 | 45 757 025 | 34 705 066 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 2 127 159 | 2 896 393 | 4 544 512 | 14 368 895 | 9 810 956 | 249 040 |
| Non-current liabilities | 4 735 470 | 7 604 265 | 11 572 444 | 13 067 308 | 25 976 878 | 21 995 000 |
| Total liabilities | 6 862 629 | 10 500 658 | 16 116 956 | 27 436 203 | 35 787 834 | 22 244 040 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 21 213 | 477 163 | 13 478 | -248 720 | -1 188 354 | 1 266 243 |
| Total equity | 1 021 213 | 1 845 784 | 1 859 262 | 8 157 542 | 9 969 191 | 12 461 026 |
| Income statement | ||||||
| Sales revenue | 427 563 | 6 510 871 | 12 836 909 | 18 011 354 | 24 062 673 | 0 |
| Operating profit | 41 532 | 802 380 | 631 603 | 760 899 | 1 205 397 | -277 734 |
| Profit before income tax | 31 607 | 477 217 | -36 550 | -342 918 | -1 138 806 | 1 266 243 |
| Profit for the reporting year | 21 213 | 477 163 | 13 478 | -248 720 | -1 188 354 | 1 266 243 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 70 | 114 | 195 | 250 | 299 | 4 |
| 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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Related companies
- SIA "GOLDWORK" — 100%
- SIA GIVEN Latvia — 100%
Summary: AS Grenardi Group
Overview
AS Grenardi Group (reg. no. 40203279291) is a joint-stock company. The company was registered in 2020 and has been in the register for 5 years. Registered address: Rīga, Dēļu iela 2.
Financial results
There was no revenue in 2025. Net profit for 2025 was 1 266 243 €. The company was profitable in 4 of the 6 published years. In 2025 the company had 4 employees (299 a year earlier). At the end of 2025, total assets were 34 705 066 € and equity 12 461 026 € (35,9% of assets).
Management and owners
The board has 3 members. The company holds stakes in 2 active Latvian companies.
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.