SIA "GERMES V"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 5427 € (9% 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 statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 166 813 | 205 577 | 189 290 | 190 170 | 193 320 | 210 691 | 196 184 | 172 456 | 141 394 | 105 003 | 95 269 | 96 123 | 89 081 | 105 050 | 112 540 | 99 913 | 87 744 |
| Total non-current assets | 12 290 | 8568 | 42 799 | 27 747 | 45 777 | 48 525 | 35 079 | 18 715 | 8934 | 3980 | 2793 | 2468 | 2219 | 1624 | 1323 | 1261 | 683 |
| Total assets | 179 103 | 214 145 | 232 089 | 217 917 | 239 097 | 259 216 | 231 263 | 191 171 | 150 328 | 108 983 | 98 062 | 98 591 | 91 300 | 106 674 | 113 863 | 101 174 | 88 427 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 31 628 | 59 960 | 51 370 | 45 284 | 75 134 | 84 696 | 82 205 | 62 595 | 44 826 | 24 429 | 36 889 | 35 848 | 25 849 | 22 930 | 30 609 | 35 213 | 42 874 |
| Non-current liabilities | 40 898 | 40 667 | 52 878 | 33 298 | 46 876 | 48 895 | 33 669 | 21 624 | 19 417 | 13 867 | 11 647 | 11 547 | 10 047 | 12 428 | 9828 | 8778 | 10 775 |
| Total liabilities | 72 526 | 100 627 | 104 248 | 78 582 | 122 010 | 133 591 | 115 874 | 84 219 | 64 243 | 38 296 | 48 536 | 47 395 | 35 896 | 35 358 | 40 437 | 43 991 | 53 649 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8726 | 6941 | 26 323 | 16 494 | 10 752 | 5979 | -236 | -8437 | -20 867 | -9039 | -5161 | 1670 | 4208 | 15 912 | 7041 | -7143 | -16 978 |
| Total equity | 106 577 | 113 518 | 127 841 | 139 335 | 117 087 | 125 625 | 115 389 | 106 952 | 86 085 | 70 687 | 49 526 | 51 196 | 55 404 | 71 316 | 73 426 | 57 183 | 34 778 |
| Income statement | |||||||||||||||||
| Sales revenue | 270 824 | 296 072 | 325 775 | 336 995 | 342 784 | 461 740 | 395 028 | 336 142 | 284 278 | 201 580 | 188 376 | 216 782 | 204 823 | 249 284 | 230 609 | 206 108 | 183 408 |
| Operating profit | 11 694 | 8121 | 31 359 | 19 941 | 13 149 | 8570 | 636 | -10 369 | -20 746 | -9029 | -5161 | 1670 | 4208 | 15 912 | 7041 | -7143 | -16 978 |
| Profit before income tax | 10 259 | 8090 | 30 956 | 19 145 | 12 178 | 7088 | -251 | -10 745 | -20 867 | -9039 | -5161 | 1670 | 4208 | 15 912 | 7041 | -7143 | -16 978 |
| Profit for the reporting year | 8726 | 6941 | 26 323 | 16 494 | 10 752 | 5979 | -236 | -8437 | -20 867 | -9039 | -5161 | 1670 | 4208 | 15 912 | 7041 | -7143 | -16 978 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 4 | 4 | 6 | 7 | 6 | 7 | 7 | 7 | 8 | 6 | 5 | 5 | 3 | 3 | 2 | 2 | 2 |
| Calculated dividend | 8300 | 0 | 12 000 | 5000 | 33 000 | 0 | 10 000 | 0 | 0 | 6359 | 16 000 | 0 | 0 | 0 | 4931 | 9100 | 5427 |
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 "GERMES V"
Overview
SIA "GERMES V" (reg. no. 42102024243) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Liepāja, Piltenes iela 7 - 14.
Financial results
Revenue in 2025 was 183 408 €, down 11,0% on the previous year (206 108 €). From 2009 to 2025, revenue declined by an average of 2,4% per year. This is the company's lowest revenue among the published years (2009–2025). 2025 ended with a loss of 16 978 €. The company was profitable in 10 of the 17 published years. In 2025 the company had 2 employees. Revenue per employee was 91 704 €. At the end of 2025, total assets were 88 427 € and equity 34 778 € (39,3% 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.