SIA "ADAX 2"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 161 206 | 206 428 | 207 657 | 261 781 | 381 529 | 389 865 | 402 417 | 369 704 | 320 988 | 344 167 | 360 749 | 399 137 | 548 552 | 528 735 | 505 030 | 507 789 |
| Total non-current assets | 788 380 | 812 872 | 719 981 | 927 828 | 1 674 277 | 1 533 375 | 1 328 666 | 1 183 896 | 1 015 180 | 951 078 | 767 859 | 645 059 | 552 140 | 400 545 | 247 427 | 191 439 |
| Total assets | 949 586 | 1 019 300 | 927 638 | 1 189 609 | 2 055 806 | 1 923 240 | 1 731 083 | 1 553 600 | 1 336 168 | 1 295 245 | 1 128 608 | 1 044 196 | 1 100 692 | 929 280 | 752 457 | 699 228 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 173 240 | 178 019 | 201 358 | 287 445 | 396 594 | 435 694 | 453 347 | 378 099 | 304 618 | 340 871 | 348 643 | 373 528 | 529 277 | 541 336 | 329 507 | 323 628 |
| Non-current liabilities | 518 761 | 547 231 | 424 627 | 585 246 | 1 182 939 | 1 097 014 | 935 138 | 853 526 | 753 913 | 661 262 | 479 533 | 413 854 | 309 664 | 218 844 | 146 023 | 93 943 |
| Total liabilities | 692 001 | 725 250 | 625 985 | 872 691 | 1 579 533 | 1 532 708 | 1 388 485 | 1 231 625 | 1 058 531 | 1 002 133 | 828 176 | 787 382 | 838 941 | 760 180 | 475 530 | 417 571 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8458 | 36 532 | 6717 | 16 507 | 25 339 | 28 340 | -30 960 | -20 623 | -42 736 | 15 475 | 7320 | -43 618 | 4937 | -35 496 | 127 357 | 4730 |
| Total equity | 257 585 | 294 050 | 301 653 | 316 918 | 476 273 | 390 532 | 342 598 | 321 975 | 277 637 | 293 112 | 300 432 | 256 814 | 261 751 | 169 100 | 276 927 | 281 657 |
| Income statement | ||||||||||||||||
| Sales revenue | 373 522 | 407 718 | 416 238 | 384 565 | 529 350 | 468 994 | 337 327 | 286 064 | 266 101 | 322 404 | 306 719 | 302 572 | 334 202 | 307 727 | 542 761 | 858 748 |
| Operating profit | 45 138 | 76 151 | 33 611 | 37 543 | 72 263 | 60 971 | -8140 | 2367 | -23 392 | 28 860 | 18 889 | -33 632 | 13 847 | -8698 | 136 637 | 10 415 |
| Profit before income tax | 11 813 | 44 274 | 9446 | 22 467 | 35 897 | 27 806 | -30 960 | -15 644 | -39 305 | 15 478 | 7360 | -43 617 | 4940 | -35 370 | 127 453 | 5384 |
| Profit for the reporting year | 8458 | 36 532 | 6717 | 16 507 | 25 339 | 28 340 | -30 960 | -20 623 | -42 736 | 15 475 | 7320 | -43 618 | 4937 | -35 496 | 127 357 | 4730 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 26 | 23 | 22 | 20 | 20 | 18 | 19 | 20 | 19 | 18 | 16 | 17 | 21 | 18 | 15 | 21 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 16 974 | 0 | 1602 | 0 | 0 | 0 | 0 | 57 155 | 19 530 | 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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Summary: SIA "ADAX 2"
Overview
SIA "ADAX 2" (reg. no. 41203008008) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Talsu nov., Talsi, Celtnieku iela 2.
Financial results
Revenue in 2025 was 858 748 €, up 58,2% on the previous year (542 761 €). From 2010 to 2025, revenue grew by an average of 5,7% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 4730 € (0,6% of revenue). The company was profitable in 11 of the 16 published years. In 2025 the company had 21 employees (15 a year earlier). Revenue per employee was 40 893 €. At the end of 2025, total assets were 699 228 € and equity 281 657 € (40,3% 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.