SIA "ELM"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 23 184 € (19% 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 statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 6669 | 15 176 | 12 338 | 33 164 | 37 795 | 29 528 | 41 343 | 46 356 | 81 171 | 82 252 | 54 324 | 121 240 | 71 250 | 107 326 | 108 022 |
| Total non-current assets | 4105 | 5901 | 4356 | 7163 | 6893 | 875 | 609 | 5508 | 3305 | 27 698 | 33 643 | 23 700 | 34 544 | 22 427 | 48 178 |
| Total assets | 10 774 | 21 077 | 16 694 | 40 327 | 44 688 | 30 403 | 41 952 | 51 864 | 84 476 | 109 950 | 87 967 | 144 940 | 105 794 | 129 753 | 156 200 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 4546 | 11 641 | 1248 | 24 853 | 24 038 | 23 489 | 20 542 | 12 880 | 14 180 | 6258 | 53 784 | 5142 | 4416 | 4832 | 22 121 |
| Non-current liabilities | 1491 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 6037 | 11 641 | 1248 | 24 853 | 24 038 | 23 489 | 20 542 | 12 880 | 14 180 | 6258 | 53 784 | 5142 | 4416 | 4832 | 22 121 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 737 | 4699 | 6010 | 2048 | 3924 | -13 735 | 14 496 | 17 573 | 31 312 | 33 396 | -69 509 | 105 615 | -38 420 | 23 543 | 32 342 |
| Total equity | 4737 | 9436 | 15 446 | 15 474 | 20 650 | 6914 | 21 410 | 38 984 | 70 296 | 103 692 | 34 183 | 139 798 | 101 378 | 124 921 | 134 079 |
| Income statement | |||||||||||||||
| Sales revenue | 24 302 | 73 393 | 55 042 | 113 121 | 112 225 | 91 212 | 158 784 | 152 197 | 285 705 | 310 115 | 390 977 | 460 574 | 255 648 | 386 811 | 426 084 |
| Operating profit | 737 | 5196 | 6010 | 2048 | 4340 | -13 735 | 15 069 | 17 573 | 31 312 | 33 396 | -69 509 | 105 615 | -38 420 | 23 543 | 32 342 |
| Profit before income tax | 737 | 5196 | 6010 | 2048 | 4340 | -13 735 | 15 069 | 17 573 | 31 312 | 33 396 | -69 509 | 105 615 | -38 420 | 23 543 | 32 342 |
| Profit for the reporting year | 737 | 4699 | 6010 | 2048 | 3924 | -13 735 | 14 496 | 17 573 | 31 312 | 33 396 | -69 509 | 105 615 | -38 420 | 23 543 | 32 342 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 4 | 4 | 5 |
| Calculated dividend | — | 0 | 0 | 2020 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23 184 |
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 "ELM"
Overview
SIA "ELM" (reg. no. 41203040990) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Kuldīgas nov., Kuldīga, Tehnikas iela 9A.
Financial results
Revenue in 2025 was 426 084 €, up 10,2% on the previous year (386 811 €). From 2011 to 2025, revenue grew by an average of 22,7% per year. Net profit for 2025 was 32 342 € (7,6% of revenue). The company was profitable in 12 of the 15 published years. In 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 85 217 €. At the end of 2025, total assets were 156 200 € and equity 134 079 € (85,8% 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.