SIA "Kurland Energy Systems"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (33% 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 statements2016–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 233 971 | 532 733 | 368 114 | 377 270 | 398 571 |
| Profit for the reporting year | 4360 | 32 149 | 12 086 | 26 660 | 12 680 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 47 244 | 93 411 | 108 074 | 102 672 | 122 456 |
| Total liabilities | 25 672 | 39 691 | 61 039 | 72 728 | 89 832 |
| Total equity | 21 572 | 53 720 | 47 035 | 29 944 | 32 624 |
| Employees | 5 | 6 | 6 | 5 | 5 |
| Calculated dividend | 0 | 0 | 18 771 | 43 751 | 10 000 |
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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Summary: SIA "Kurland Energy Systems"
Overview
SIA "Kurland Energy Systems" (reg. no. 41203056192) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Ventspils nov., Vārves pag., "Mākoņpēdas".
Financial results
Revenue in 2025 was 398 571 €, up 5,6% on the previous year (377 270 €). From 2016 to 2025, revenue grew by an average of 5,5% per year. Net profit for 2025 was 12 680 € (3,2% of revenue). The company was profitable in 8 of the 10 published years. In 2025 the company had 5 employees. Revenue per employee was 79 714 €. At the end of 2025, total assets were 122 456 € and equity 32 624 € (26,6% 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.