SIA FRIGUS JVActive

40203489662Limited liability companyFounded 2023

Key figures

130 058 €+104,6%
Revenue 2025
+72,1%
Average annual growth 2023–2025
050 k100 k150 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~8000 €
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets18 801688613 819
Total non-current assets106845922
Total assets18 907697019 741
Balance sheet — liabilities and equity
Current liabilities104138094177
Non-current liabilities000
Total liabilities104138094177
Share capital———
Retained earnings of previous periods———
Profit for the year14 367-670512 403
Total equity17 167246214 865
Income statement
Sales revenue43 92763 580130 058
Operating profit17 864-470512 403
Profit before income tax17 864-470512 403
Profit for the reporting year14 367-670512 403
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees233
Calculated dividend—80000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
50%50%SIA FRIGUS JVKļaviņš VarisLapinskis Jānis
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA FRIGUS JV

Overview

SIA FRIGUS JV (reg. no. 40203489662) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Rīga, Baseina iela 3A.

Financial results

Revenue in 2025 was 130 058 €, up 105% on the previous year (63 580 €). From 2023 to 2025, revenue grew by an average of 72,1% per year. Net profit for 2025 was 12 403 € (9,5% of revenue). The company was profitable in 2 of the 3 published years. In 2025 the company had 3 employees. Revenue per employee was 43 353 €. At the end of 2025, total assets were 19 741 € and equity 14 865 € (75,3% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.