Baltinavas novada zemnieku saimniecība "MĪTKES"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 174 274 | 111 100 | 191 337 | 280 701 | 352 494 | 87 614 | 169 582 | 227 916 | 209 566 | 258 357 | 104 037 | 191 704 | 182 468 | 189 724 |
| Total non-current assets | 332 436 | 769 445 | 1 255 839 | 1 342 311 | 1 340 911 | 1 204 645 | 1 089 526 | 993 847 | 957 002 | 1 146 466 | 1 015 248 | 838 879 | 816 225 | 737 980 |
| Total assets | 506 710 | 880 545 | 1 447 176 | 1 623 012 | 1 693 405 | 1 292 259 | 1 259 108 | 1 221 763 | 1 166 568 | 1 404 823 | 1 119 285 | 1 030 583 | 998 693 | 927 704 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 69 742 | 380 956 | 193 342 | 263 281 | 302 851 | 251 511 | 280 930 | 244 333 | 195 036 | 212 695 | 128 020 | 36 567 | 47 568 | 48 752 |
| Non-current liabilities | 146 768 | 175 681 | 789 181 | 760 622 | 874 072 | 715 060 | 497 837 | 393 272 | 349 184 | 579 303 | 479 422 | 256 090 | 273 579 | 234 973 |
| Total liabilities | 216 510 | 556 637 | 982 523 | 1 023 903 | 1 176 923 | 966 571 | 778 767 | 637 605 | 544 220 | 791 998 | 607 442 | 292 657 | 321 147 | 283 725 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 179 066 | 86 785 | 5630 | 171 157 | -55 665 | -76 770 | 166 273 | 102 172 | 35 167 | -16 123 | -104 728 | 221 197 | -60 380 | -36 067 |
| Total equity | 290 200 | 323 908 | 464 653 | 599 109 | 516 482 | 325 688 | 480 341 | 584 158 | 622 348 | 612 825 | 511 843 | 737 926 | 677 546 | 643 979 |
| Income statement | ||||||||||||||
| Sales revenue | 479 423 | 248 412 | 266 542 | 456 217 | 476 511 | 280 911 | 213 107 | 456 083 | 416 841 | 433 393 | 152 356 | 80 717 | 61 351 | 13 569 |
| Operating profit | 188 968 | 99 121 | 42 298 | 200 705 | -20 611 | -50 856 | 183 674 | 113 855 | 42 600 | -8260 | -80 618 | 246 924 | -55 587 | -31 805 |
| EBITDA | — | — | — | — | — | — | — | — | 141 825 | 93 008 | 45 322 | 348 294 | 57 387 | 90 440 |
| Profit before income tax | 179 817 | 87 742 | 8001 | 173 769 | -55 665 | -76 770 | 166 273 | 102 172 | 35 167 | -16 123 | -104 728 | 221 197 | -60 380 | -36 067 |
| Profit for the reporting year | 179 066 | 86 785 | 5630 | 171 157 | -55 665 | -76 770 | 166 273 | 102 172 | 35 167 | -16 123 | -104 728 | 221 197 | -60 380 | -36 067 |
| Labour costs | — | — | — | — | — | — | — | — | 7864 | 11 124 | 8453 | 4217 | 5195 | 19 981 |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | 99 225 | 101 268 | 125 940 | 101 370 | 112 974 | 122 245 |
| Other indicators | ||||||||||||||
| Employees | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 2 |
| Calculated dividend | — | 53 077 | 0 | 36 701 | 26 962 | 114 024 | 11 620 | 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: Baltinavas novada zemnieku saimniecība "MĪTKES"
Overview
Baltinavas novada zemnieku saimniecība "MĪTKES" (reg. no. 42401018291) is a farm. The company was registered in 2005 and has been in the register for 21 years. Registered address: Balvu nov., Baltinavas pag., Sloboda, "Calmi".
Financial results
Revenue in 2025 was 13 569 €, down 77,9% on the previous year (61 351 €). From 2012 to 2025, revenue declined by an average of 24,0% per year. This is the company's lowest revenue among the published years (2012–2025). 2025 ended with a loss of 36 067 €. The company was profitable in 8 of the 14 published years. In 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 6785 €. At the end of 2025, total assets were 927 704 € and equity 643 979 € (69,4% of assets).
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.