SIA "KULK"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 2 100 000 € (70% of equity at the end of the previous year).
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 | 1 170 933 | 806 617 | 1 289 991 | 1 529 655 | 2 321 072 | 1 755 712 | 1 762 872 | 2 221 060 | 2 865 935 | 2 459 235 | 1 954 208 | 2 360 285 | 2 816 371 | 3 035 251 | 3 617 596 | 3 339 545 |
| Total non-current assets | 797 151 | 701 988 | 1 085 859 | 945 158 | 1 479 862 | 1 793 633 | 1 750 513 | 1 725 733 | 1 877 328 | 1 856 930 | 1 878 038 | 2 126 392 | 2 260 180 | 2 028 706 | 1 959 112 | 979 168 |
| Total assets | 1 968 084 | 1 508 605 | 2 375 850 | 2 474 813 | 3 800 934 | 3 549 345 | 3 513 385 | 3 946 793 | 4 743 263 | 4 316 165 | 3 832 246 | 4 486 677 | 5 076 551 | 5 063 957 | 5 576 708 | 4 318 713 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 392 653 | 206 682 | 391 344 | 393 619 | 728 363 | 500 468 | 394 401 | 633 144 | 651 240 | 1 537 314 | 718 208 | 855 685 | 718 361 | 600 856 | 2 560 234 | 802 713 |
| Non-current liabilities | 169 583 | 12 790 | 5946 | 11 140 | 21 387 | 37 802 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 562 236 | 219 472 | 397 290 | 404 759 | 749 750 | 538 270 | 394 401 | 633 144 | 651 240 | 1 537 314 | 718 208 | 855 685 | 718 361 | 600 856 | 2 560 234 | 802 713 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 336 456 | 337 709 | 684 870 | 399 569 | 501 086 | 209 608 | 514 126 | 664 665 | 778 374 | 925 029 | 835 187 | 516 954 | 877 198 | 1 104 911 | 1 353 373 | 2 437 534 |
| Total equity | 1 395 858 | 1 274 958 | 1 959 828 | 2 049 397 | 3 017 116 | 2 976 664 | 3 118 984 | 3 313 649 | 4 092 023 | 2 778 851 | 3 114 038 | 3 630 992 | 4 358 190 | 4 463 101 | 3 016 474 | 3 516 000 |
| Income statement | ||||||||||||||||
| Sales revenue | 2 886 429 | 3 735 536 | 4 104 987 | 4 395 335 | 6 574 824 | 5 161 290 | 5 899 589 | 6 650 408 | 8 267 267 | 9 918 792 | 9 014 727 | 8 276 176 | 9 785 180 | 10 998 965 | 14 422 751 | 14 255 774 |
| Operating profit | 399 484 | 403 792 | 809 787 | 461 724 | 600 935 | 260 386 | 590 970 | 770 370 | 768 546 | 923 419 | 960 739 | 514 685 | 912 716 | 1 354 451 | 2 039 657 | 2 535 470 |
| Profit before income tax | 397 854 | 404 239 | 810 641 | 463 377 | 600 992 | 261 502 | 591 142 | 773 848 | 778 989 | 925 962 | 961 101 | 518 014 | 915 461 | 1 355 773 | 2 053 977 | 2 620 844 |
| Profit for the reporting year | 336 456 | 337 709 | 684 870 | 399 569 | 501 086 | 209 608 | 514 126 | 664 665 | 778 374 | 925 029 | 835 187 | 516 954 | 877 198 | 1 104 911 | 1 353 373 | 2 437 534 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 147 | 149 | 172 | 192 | 197 | 184 | 170 | 185 | 184 | 188 | 157 | 174 | 187 | 187 | 208 | 180 |
| Calculated dividend | 33 357 | 242 687 | 0 | 199 845 | 439 681 | 225 000 | 371 806 | 470 000 | 0 | 1 093 423 | 1 110 000 | 100 000 | 360 600 | 931 968 | 1 500 000 | 2 100 000 |
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 "KULK"
Overview
SIA "KULK" (reg. no. 41703007150) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Jelgava, Dobeles šoseja 34.
Financial results
Revenue in 2025 was 14 255 774 €, down 1,2% on the previous year (14 422 751 €). From 2010 to 2025, revenue grew by an average of 11,2% per year. Net profit for 2025 was 2 437 534 € (17,1% of revenue). The company was profitable in all 16 published years. In 2025 the company had 180 employees (208 a year earlier). Revenue per employee was 79 199 €. At the end of 2025, total assets were 4 318 713 € and equity 3 516 000 € (81,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is SaintR Grupa SIA. The company holds a stake in one other active Latvian company.
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.