SIA "LUDVIGS"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 | 15 803 | 13 957 | 13 591 | 8992 | 13 325 | 11 653 | 14 658 | 14 266 | 13 910 | 17 065 | 26 632 | 29 746 | 43 225 | 274 951 | 21 123 | 21 905 |
| Total non-current assets | 57 018 | 49 845 | 45 522 | 41 571 | 54 022 | 61 718 | 50 766 | 39 947 | 34 198 | 29 522 | 25 198 | 22 624 | 19 775 | 18 317 | 15 430 | 12 579 |
| Total assets | 72 821 | 63 802 | 59 113 | 50 563 | 67 347 | 73 371 | 65 424 | 54 213 | 48 108 | 46 587 | 51 830 | 52 370 | 63 000 | 293 268 | 36 553 | 34 484 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 7467 | 6986 | 10 703 | 10 008 | 14 697 | 14 205 | 14 117 | 33 341 | 14 421 | 10 142 | 13 716 | 18 942 | 21 190 | 11 153 | 11 874 | 11 496 |
| Non-current liabilities | 2048 | 1504 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9515 | 8490 | 10 703 | 10 008 | 14 697 | 14 205 | 14 117 | 33 341 | 14 421 | 10 142 | 13 716 | 18 942 | 21 190 | 11 153 | 11 874 | 11 496 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4035 | -1994 | -6902 | -7855 | -5054 | -7884 | -7859 | -10 436 | 16 415 | 2758 | 1669 | 5314 | 8382 | 240 305 | -57 436 | -1691 |
| Total equity | 63 306 | 55 312 | 48 410 | 40 555 | 52 650 | 59 166 | 51 307 | 20 872 | 33 687 | 36 445 | 38 114 | 33 428 | 41 810 | 282 115 | 24 679 | 22 988 |
| Income statement | ||||||||||||||||
| Sales revenue | 54 968 | 55 349 | 65 430 | 67 021 | 95 509 | 93 981 | 93 735 | 88 153 | 93 959 | 74 634 | 76 251 | 93 923 | 113 491 | 81 994 | 60 073 | 71 456 |
| Operating profit | -543 | 1178 | 1179 | 1874 | 8802 | 5968 | -7859 | -10 436 | 16 415 | 2758 | 1669 | 7814 | 8382 | 240 325 | -7402 | -1647 |
| EBITDA | 7086 | 8911 | 6152 | 6006 | 14 280 | 15 883 | 3093 | 383 | 22 417 | 7752 | 6819 | 10 759 | 11 231 | 242 535 | -4515 | 1206 |
| Profit before income tax | -543 | 1178 | 1179 | 1874 | 8802 | 5968 | -7859 | -10 436 | 16 415 | 2758 | 1669 | 7814 | 8382 | 240 325 | -7402 | -1647 |
| Profit for the reporting year | -4035 | -1994 | -6902 | -7855 | -5054 | -7884 | -7859 | -10 436 | 16 415 | 2758 | 1669 | 5314 | 8382 | 240 305 | -57 436 | -1691 |
| Labour costs | 25 782 | 17 424 | 28 800 | 28 800 | 42 000 | 42 000 | 42 000 | 36 960 | 28 854 | 35 730 | 36 560 | 36 400 | 36 400 | 36 137 | 33 894 | 36 400 |
| Depreciation of non-current assets | 7629 | 7733 | 4973 | 4132 | 5478 | 9915 | 10 952 | 10 819 | 6002 | 4994 | 5150 | 2945 | 2849 | 2210 | 2887 | 2853 |
| Other indicators | ||||||||||||||||
| Employees | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Calculated dividend | 0 | 5400 | 0 | 0 | 0 | 0 | 0 | 19 999 | 3600 | 0 | 0 | 10 000 | 0 | 0 | 200 000 | 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 "LUDVIGS"
Overview
SIA "LUDVIGS" (reg. no. 41703004243) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Jelgava, Zemgales prospekts 10.
Financial results
Revenue in 2025 was 71 456 €, up 18,9% on the previous year (60 073 €). From 2010 to 2025, revenue grew by an average of 1,8% per year. 2025 ended with a loss of 1691 €. The company was profitable in 6 of the 16 published years. In 2025 the company had 5 employees. Revenue per employee was 14 291 €. At the end of 2025, total assets were 34 484 € and equity 22 988 € (66,7% of assets).
Management and owners
The board has 4 members. According to the register, the company has 4 owners. The largest stake (25%) 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.