SIA "PPG Protective Coating KVB"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 73 223 | 94 360 | 22 971 | 97 699 | 21 326 | 242 765 | 76 106 | 33 261 | 38 269 | 4292 | 345 | 127 | 136 | 186 | 178 | 150 | 558 |
| Total non-current assets | 0 | 25 011 | 31 244 | 3281 | 39 325 | 25 577 | 34 951 | 10 681 | 13 450 | 7733 | 6809 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 73 223 | 119 371 | 54 215 | 100 980 | 60 651 | 268 342 | 111 057 | 43 942 | 51 719 | 12 025 | 7154 | 127 | 136 | 186 | 178 | 150 | 558 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 0 | 49 920 | 10 084 | 44 462 | 5707 | 112 237 | 47 416 | 9276 | 48 017 | 0 | 79 | 0 | 0 | 26 | 0 | 0 | 0 |
| Non-current liabilities | 57 308 | 0 | 0 | 38 168 | 0 | 80 000 | 15 048 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 57 308 | 49 920 | 10 084 | 82 630 | 5707 | 192 237 | 62 464 | 9276 | 48 017 | 0 | 79 | 0 | 0 | 26 | 0 | 0 | 0 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 16 783 | 53 536 | -25 320 | 14 219 | 52 595 | 71 924 | 42 489 | -13 927 | -8964 | 8323 | -4950 | -6948 | 9 | 24 | 18 | -28 | 408 |
| Total equity | 15 915 | 69 451 | 44 131 | 18 350 | 54 944 | 76 105 | 48 593 | 34 666 | 3702 | 12 025 | 7075 | 127 | 136 | 160 | 178 | 150 | 558 |
| Income statement | |||||||||||||||||
| Sales revenue | 325 950 | 418 129 | 50 395 | 566 178 | 629 600 | 547 087 | 624 108 | 0 | 0 | 32 864 | 200 | 1200 | 1200 | 1200 | 1200 | 200 | 774 |
| Operating profit | 19 816 | 63 370 | -25 320 | 14 219 | 59 856 | 84 464 | 49 967 | -13 927 | -8964 | 8323 | -4950 | -6948 | 9 | 24 | 18 | -28 | 408 |
| Profit before income tax | 19 816 | 63 370 | -25 320 | 14 219 | 59 856 | 84 464 | 49 967 | -13 927 | -8964 | 8323 | -4950 | -6948 | 9 | 24 | 18 | -28 | 408 |
| Profit for the reporting year | 16 783 | 53 536 | -25 320 | 14 219 | 52 595 | 71 924 | 42 489 | -13 927 | -8964 | 8323 | -4950 | -6948 | 9 | 24 | 18 | -28 | 408 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 40 000 | 16 001 | 50 763 | 70 001 | 0 | 22 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "PPG Protective Coating KVB"
Overview
SIA "PPG Protective Coating KVB" (reg. no. 42103025833) is a limited liability company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Kuldīgas nov., Turlavas pag., Ķikuri, "Cidonijas".
Financial results
Revenue in 2025 was 774 €, up 287% on the previous year (200 €). From 2009 to 2025, revenue declined by an average of 31,5% per year. Net profit for 2025 was 408 € (52,7% of revenue). The company was profitable in 11 of the 17 published years. In 2025 the company had 1 employees. Revenue per employee was 774 €. At the end of 2025, total assets were 558 € and equity 558 € (100% 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.