AS "UNION AVIATION"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 180 000 € (5% of equity at the end of the previous year).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 3 690 626 | 8 284 631 | 12 818 706 | 13 158 196 | 18 267 887 |
| Total non-current assets | 61 411 | 100 636 | 147 995 | 136 017 | 252 777 |
| Total assets | 3 752 037 | 8 385 267 | 12 966 701 | 13 294 213 | 18 520 664 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 3 101 932 | 6 288 162 | 10 298 812 | 9 442 620 | 14 558 893 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 3 101 932 | 6 288 162 | 10 298 812 | 9 442 620 | 14 558 893 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 150 105 | 1 447 000 | 18 159 | 1 183 704 | 290 178 |
| Total equity | 650 105 | 2 097 105 | 2 667 889 | 3 851 593 | 3 961 771 |
| Income statement | |||||
| Sales revenue | 11 229 292 | 18 599 986 | 23 570 152 | 26 738 657 | 28 981 165 |
| Operating profit | 150 105 | 1 450 514 | 31 541 | 1 179 196 | 102 325 |
| Profit before income tax | 150 105 | 1 450 514 | 32 729 | 1 185 037 | 296 633 |
| Profit for the reporting year | 150 105 | 1 447 000 | 18 159 | 1 183 704 | 290 178 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 16 | 37 | 56 | 58 | 71 |
| Calculated dividend | — | 0 | 0 | 0 | 180 000 |
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 "UNION AVIATION"
Overview
AS "UNION AVIATION" (reg. no. 40203294676) is a joint-stock company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Mārupes nov., Mārupes pag., Lidosta "Rīga", Ziemeļu iela 4.
Financial results
Revenue in 2025 was 28 981 165 €, up 8,4% on the previous year (26 738 657 €). From 2021 to 2025, revenue grew by an average of 26,7% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 290 178 € (1,0% of revenue). The company was profitable in all 5 published years. In 2025 the company had 71 employees (58 a year earlier). Revenue per employee was 408 185 €. At the end of 2025, total assets were 18 520 664 € and equity 3 961 771 € (21,4% of assets).
Management and owners
The company has one board member. 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.