Sabiedrība ar ierobežotu atbildību "LATGALES ELEKTROMONTĀŽA"Active
Key figures
Ratios
2018Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 7251 € (8% 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 statements2009–2018
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 265 342 | 417 043 | 251 629 | 233 870 | 221 805 | 310 715 | 220 578 | 98 558 | 42 665 | 19 412 |
| Total non-current assets | 252 481 | 218 211 | 211 337 | 183 088 | 163 376 | 280 424 | 278 205 | 226 495 | 197 678 | 176 309 |
| Total assets | 517 823 | 635 254 | 462 966 | 416 958 | 385 181 | 591 139 | 498 783 | 325 053 | 240 343 | 195 721 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 74 596 | 284 805 | 105 649 | 52 643 | 44 344 | 85 231 | 80 842 | 88 005 | 71 114 | 44 989 |
| Non-current liabilities | 237 645 | 243 111 | 240 936 | 238 557 | 214 016 | 305 064 | 242 720 | 214 501 | 69 883 | 75 886 |
| Total liabilities | 312 241 | 527 916 | 346 585 | 291 200 | 258 360 | 390 295 | 323 562 | 302 506 | 140 997 | 120 875 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -69 489 | -90 102 | 14 255 | 17 802 | -11 554 | 36 347 | -19 272 | -141 690 | -36 344 | -17 170 |
| Total equity | 205 582 | 107 338 | 116 381 | 125 758 | 109 109 | 184 340 | 157 818 | 8878 | 96 284 | 71 863 |
| Income statement | ||||||||||
| Sales revenue | 355 613 | 468 541 | 510 805 | 560 252 | 569 815 | 844 902 | 726 657 | 530 694 | 124 735 | 137 127 |
| Operating profit | -76 694 | -92 949 | 13 151 | 13 821 | -28 338 | 44 343 | -20 472 | -144 796 | -36 992 | -15 127 |
| Profit before income tax | -74 399 | -92 626 | 13 153 | 15 883 | -27 635 | 43 384 | -21 078 | -145 404 | -37 175 | -15 217 |
| Profit for the reporting year | -69 489 | -90 102 | 14 255 | 17 802 | -11 554 | 36 347 | -19 272 | -141 690 | -36 344 | -17 170 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 62 | 47 | 50 | 52 | 49 | 41 | 39 | 32 | 13 | 13 |
| Calculated dividend | 40 403 | 0 | 0 | 0 | 0 | 0 | 0 | 7250 | 0 | 7251 |
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: Sabiedrība ar ierobežotu atbildību "LATGALES ELEKTROMONTĀŽA"
Overview
Sabiedrība ar ierobežotu atbildību "LATGALES ELEKTROMONTĀŽA" (reg. no. 42403003197) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Rēzekne, Jupatovkas iela 3A.
Financial results
Revenue in 2018 was 137 127 €, up 9,9% on the previous year (124 735 €). From 2009 to 2018, revenue declined by an average of 10,0% per year. 2018 ended with a loss of 17 170 €. The company was profitable in 3 of the 10 published years. In 2018 the company had 13 employees. Revenue per employee was 10 548 €. At the end of 2018, total assets were 195 721 € and equity 71 863 € (36,7% of assets).
Management and owners
According to the register, the company has 3 owners. The largest stake (50,5%) is held by EURO PACIFIC CORPORATION LTD.
Points to note
The latest published annual report is for 2018.
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.