Sabiedrība ar ierobežotu atbildību "Lat Flex"Active

40203318391Limited liability companyFounded 2021

Key figures

6 413 757 €-27,9%
Revenue 2025
+365,2%
Average annual growth 2021–2025
02,5 m5 m7,5 m10 m20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m20212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 449 000 € (23% 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).

History
2025 ~449 000 €
2024 ~243 000 €
2023 ~126 251 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets14 922261 0041 498 6872 108 3932 654 229
Total non-current assets01079102 805385 037270 107
Total assets14 922262 0831 601 4922 493 4302 924 336
Balance sheet — liabilities and equity
Current liabilities12 967129 015370 670525 989432 261
Non-current liabilities00000
Total liabilities12 967129 015370 670525 989432 261
Share capital—————
Retained earnings of previous periods—————
Profit for the year-845127 1151 210 151997 490973 634
Total equity1955129 0511 212 9511 967 4412 492 075
Income statement
Sales revenue13 697986 5575 187 9268 901 3146 413 757
Operating profit-845127 4481 274 3821 064 5541 097 584
Profit before income tax-845127 4401 273 7611 059 8201 096 913
Profit for the reporting year-845127 1151 210 151997 490973 634
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees211112225
Calculated dividend—0126 251243 000449 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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100%Sabiedrība ar ierobež…2Koreņevs Andrejs
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Summary: Sabiedrība ar ierobežotu atbildību "Lat Flex"

Overview

Sabiedrība ar ierobežotu atbildību "Lat Flex" (reg. no. 40203318391) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Krišjāņa Valdemāra iela 100.

Financial results

Revenue in 2025 was 6 413 757 €, down 27,9% on the previous year (8 901 314 €). From 2021 to 2025, revenue grew by an average of 365% per year. Net profit for 2025 was 973 634 € (15,2% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 25 employees (22 a year earlier). Revenue per employee was 256 550 €. At the end of 2025, total assets were 2 924 336 € and equity 2 492 075 € (85,2% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.