SIA EURO RAIL CARGOActive

42103029568Limited liability companyFounded 2002

Key figures

2 874 879 €+85,6%
Revenue 2025
+5,3%
Average annual growth 2010–2025
02 m4 m6 m8 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
201019 791 €
Summary of financial statements2010–2025
20212022202320242025
Sales revenue6 443 8994 907 618463 9011 549 1962 874 879
Profit for the reporting year539 705149 935-65 232187 806336 082
Retained earnings of previous periods—————
Total assets1 965 2371 160 3131 214 6121 772 8571 856 362
Total liabilities1 095 429140 570260 101630 540377 963
Total equity869 8081 019 743954 5111 142 3171 478 399
Employees55579
Calculated dividend00000

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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52%48%SIA EURO RAIL CARGOSIA LTO InvestmentsAS "PIC LV"8Sormulis Ivars9+Lapše Miķelis4Sormulis Ģirts
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA EURO RAIL CARGO

Overview

SIA EURO RAIL CARGO (reg. no. 42103029568) is a limited liability company. The company was registered in 2002 and has been in the register for 23 years. Registered address: Rīga, Eksporta iela 3B.

Financial results

Revenue in 2025 was 2 874 879 €, up 85,6% on the previous year (1 549 196 €). From 2010 to 2025, revenue grew by an average of 5,3% per year. Net profit for 2025 was 336 082 € (11,7% of revenue). The company was profitable in 10 of the 16 published years. In 2025 the company had 9 employees (7 a year earlier). Revenue per employee was 319 431 €. At the end of 2025, total assets were 1 856 362 € and equity 1 478 399 € (79,6% of assets).

Management and owners

The board has 3 members. According to the register, the company has 2 owners. The largest stake (52%) is held by SIA LTO Investments.

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.