Liepājas speciālās ekonomiskās zonas SIA "NORSAF"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 | 1 310 425 | 1 468 536 | 1 190 988 | 926 196 | 1 123 516 | 831 428 | 844 776 | 1 421 398 | 420 362 | 959 908 | 1 747 386 | 662 332 | 253 006 | 264 907 | 253 559 | 139 306 |
| Total non-current assets | 401 666 | 372 998 | 714 850 | 1 059 440 | 3 635 850 | 7 273 732 | 9 293 904 | 10 378 380 | 10 041 495 | 9 608 407 | 9 118 577 | 8 641 427 | 8 079 909 | 7 605 112 | 7 492 641 | 7 883 888 |
| Total assets | 1 712 091 | 1 841 534 | 1 905 838 | 1 985 636 | 4 759 366 | 8 105 160 | 10 138 680 | 11 799 778 | 10 461 857 | 10 568 315 | 10 865 963 | 9 303 759 | 8 332 915 | 7 870 019 | 7 746 200 | 8 023 194 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 396 180 | 575 302 | 850 568 | 442 182 | 1 342 877 | 1 155 583 | 3 212 914 | 3 862 459 | 154 825 | 255 586 | 416 313 | 253 448 | 208 530 | 165 372 | 77 805 | 158 744 |
| Non-current liabilities | 970 979 | 716 667 | 500 187 | 218 026 | 24 298 | 29 245 | 0 | 0 | 2 850 699 | 2 850 699 | 2 850 699 | 1 760 140 | 1 510 140 | 0 | 0 | 0 |
| Total liabilities | 1 367 159 | 1 291 969 | 1 350 755 | 660 208 | 1 367 175 | 1 184 828 | 3 212 914 | 3 862 459 | 3 005 524 | 3 106 285 | 3 267 012 | 2 013 588 | 1 718 670 | 165 372 | 77 805 | 158 744 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -68 068 | 198 816 | 1015 | -5043 | 5239 | 18 558 | 7926 | 11 553 | 19 014 | 5697 | 136 921 | -308 780 | -675 926 | 1 090 402 | -36 252 | 196 055 |
| Total equity | 344 932 | 543 748 | 544 763 | 1 312 804 | 3 373 194 | 6 891 752 | 6 925 766 | 7 937 319 | 7 456 333 | 7 462 030 | 7 598 951 | 7 290 171 | 6 614 245 | 7 704 647 | 7 668 395 | 7 864 450 |
| Income statement | ||||||||||||||||
| Sales revenue | 87 | 8 062 559 | 295 732 | 3 432 592 | 486 525 | 1 525 566 | 1 684 536 | 2 306 824 | 2 293 919 | 2 280 784 | 3 203 999 | 2 669 974 | 1 539 708 | 841 916 | 908 601 | 1 284 532 |
| Operating profit | -64 799 | 259 260 | 41 042 | -27 516 | 48 663 | 31 770 | 67 012 | 114 548 | 124 567 | 99 800 | 231 505 | -232 656 | -624 133 | 1 113 263 | -35 783 | 196 055 |
| Profit before income tax | -66 097 | 214 207 | 5357 | -2014 | 23 159 | 22 757 | 7926 | 11 553 | 19 356 | 5865 | 137 313 | -308 475 | -675 926 | 1 090 850 | -36 163 | 196 055 |
| Profit for the reporting year | -68 068 | 198 816 | 1015 | -5043 | 5239 | 18 558 | 7926 | 11 553 | 19 014 | 5697 | 136 921 | -308 780 | -675 926 | 1 090 402 | -36 252 | 196 055 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 4 | 18 | 19 | 19 | 18 | 23 | 29 | 31 | 30 | 30 | 31 | 31 | 28 | 26 | 18 | 18 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 000 | 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: Liepājas speciālās ekonomiskās zonas SIA "NORSAF"
Overview
Liepājas speciālās ekonomiskās zonas SIA "NORSAF" (reg. no. 42103050760) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Liepāja, Ziemeļu iela 19C.
Financial results
Revenue in 2025 was 1 284 532 €, up 41,4% on the previous year (908 601 €). From 2010 to 2025, revenue grew by an average of 89,6% per year. Net profit for 2025 was 196 055 € (15,3% of revenue). The company was profitable in 11 of the 16 published years. In 2025 the company had 18 employees. Revenue per employee was 71 363 €. At the end of 2025, total assets were 8 023 194 € and equity 7 864 450 € (98,0% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by AVIA SOLUTIONS GROUP (ASG) PLC.
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.