SIA "ERTEKS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 37 220 € (37% 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).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 164 880 | 127 106 | 84 267 | 91 264 | 81 881 | 113 523 | 105 569 | 49 720 | 57 432 | 60 692 | 155 816 | 128 605 | 137 984 | 107 848 | 126 391 | 65 603 | 61 341 |
| Total non-current assets | 313 604 | 255 689 | 49 196 | 38 788 | 43 532 | 71 315 | 60 165 | 44 943 | 33 558 | 25 483 | 1830 | 734 | 535 | 324 | 8659 | 42 067 | 35 331 |
| Total assets | 478 484 | 382 795 | 133 463 | 130 052 | 125 413 | 184 838 | 165 734 | 94 663 | 90 990 | 86 175 | 157 646 | 129 339 | 138 519 | 108 172 | 135 050 | 107 670 | 96 672 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 124 975 | 131 893 | 51 738 | 57 686 | 84 480 | 96 109 | 62 391 | 36 056 | 30 517 | 24 122 | 13 484 | 7881 | 25 927 | 7239 | 10 350 | 7431 | 10 881 |
| Non-current liabilities | 279 742 | 223 131 | 35 166 | 25 499 | 25 000 | 15 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 404 717 | 355 024 | 86 904 | 83 185 | 109 480 | 111 109 | 62 391 | 36 056 | 30 517 | 24 122 | 13 484 | 7881 | 25 927 | 7239 | 10 350 | 7431 | 10 881 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -12 234 | -44 996 | 32 143 | 32 489 | 25 078 | 66 752 | 44 803 | -9640 | 4366 | 5179 | 96 323 | -9055 | 34 184 | 35 941 | 73 217 | 44 039 | 22 772 |
| Total equity | 66 479 | 17 464 | 38 894 | 39 759 | 8894 | 63 963 | 95 177 | 58 607 | 60 473 | 62 053 | 144 162 | 121 458 | 112 592 | 100 933 | 124 700 | 100 239 | 85 791 |
| Income statement | |||||||||||||||||
| Sales revenue | 437 273 | 525 011 | 594 508 | 679 479 | 692 054 | 981 435 | 555 785 | 309 444 | 358 516 | 368 356 | 363 968 | 260 516 | 369 345 | 217 439 | 229 547 | 150 680 | 90 867 |
| Operating profit | -6677 | -28 792 | 40 963 | 40 000 | 33 842 | 78 280 | 53 777 | -8096 | 5856 | 6037 | 96 847 | -5519 | 44 949 | 48 364 | 85 582 | 61 166 | 32 078 |
| Profit before income tax | -21 474 | -44 484 | 34 308 | 39 651 | 33 653 | 79 310 | 53 045 | -9640 | 4833 | 5189 | 96 327 | -5642 | 44 947 | 47 844 | 85 581 | 61 166 | 32 078 |
| Profit for the reporting year | -12 234 | -44 996 | 32 143 | 32 489 | 25 078 | 66 752 | 44 803 | -9640 | 4366 | 5179 | 96 323 | -9055 | 34 184 | 35 941 | 73 217 | 44 039 | 22 772 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 36 | 29 | 18 | 22 | 24 | 24 | 22 | 18 | 18 | 17 | 10 | 9 | 9 | 8 | 8 | 7 | 4 |
| Calculated dividend | 0 | 0 | 0 | 31 400 | 10 743 | 14 800 | 13 589 | 26 930 | 2500 | 3599 | 14 214 | 13 649 | 43 050 | 47 600 | 49 450 | 68 500 | 37 220 |
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 "ERTEKS"
Overview
SIA "ERTEKS" (reg. no. 41201007845) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Talsu nov., Valdgales pag., "Laukindiņi".
Financial results
Revenue in 2025 was 90 867 €, down 39,7% on the previous year (150 680 €). From 2009 to 2025, revenue declined by an average of 9,4% per year. This is the company's lowest revenue among the published years (2009–2025). Net profit for 2025 was 22 772 € (25,1% of revenue). The company was profitable in 13 of the 17 published years. In 2025 the company had 4 employees (7 a year earlier). Revenue per employee was 22 717 €. At the end of 2025, total assets were 96 672 € and equity 85 791 € (88,7% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.