Sabiedrība ar ierobežotu atbildību "GRAND LATGALE"Active

42403015228Limited liability companyFounded 2004

Key figures

1 085 538 €+9,8%
Revenue 2025
+24,1%
Average annual growth 2008–2025
0500 k1 m1,5 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 244 811 € (10% 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).

History
2025 ~244 811 €
2024 ~144 810 €
2023 ~44 810 €
2022 ~44 811 €
2021 ~444 810 €
2020 ~50 435 €
20190 €
2018 ~300 000 €
2017 ~196 000 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
20090 €
20080 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets11 04377 63447 012771 250608 069362 009541 594498 41049 84143 94036 96631 251187 87388 336127 355143 561231 507326 703
Total non-current assets1 233 1843 319 6952 690 6821 973 6191 885 8071 837 5682 566 7422 420 1162 794 7642 185 1092 020 4003 677 4063 368 0233 213 2613 092 8162 997 0112 915 0122 847 431
Total assets1 244 2273 397 3292 737 6942 744 8692 493 8762 199 5773 108 3362 918 5262 844 6052 229 0492 057 3663 708 6573 555 8963 301 5973 220 1713 140 5723 146 5193 174 134
Balance sheet — liabilities and equity
Current liabilities234 473169 25193 423115 468127 590137 556196 142210 507205 583271 043440 808298 281223 416473 305334 931234 781268 241302 212
Non-current liabilities1 025 2801 724 8921 596 1341 498 4971 348 1561 207 7781 571 2451 437 7501 250 3791 076 460925 397801 764790 524706 524610 524514 524418 524386 524
Total liabilities1 259 7531 894 1431 689 5571 613 9651 475 7461 345 3341 767 3871 648 2571 455 9621 347 5031 366 2051 100 0451 013 9401 179 829945 455749 305686 765688 736
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year-51 593-37 887-455 81682 727-112 018-163 775125 46329 896108 689-311 097109 615-63 918-16 22124 622197 759161 361213 297270 455
Total equity-15 6691 501 0541 045 2381 127 9641 015 946852 1711 337 9931 265 8931 388 643881 546691 1612 608 6122 541 9562 121 7682 274 7162 391 2672 459 7542 485 398
Income statement
Sales revenue27 797109 366347 103412 883364 198361 345559 212586 741692 085723 201782 663788 345584 051496 503939 082950 438988 7961 085 538
Operating profit25 0512882-372 618173 789-40 538-105 523198 14296 021163 890-254 818160 545-20 71923 43356 361229 416207 382250 235293 197
Profit before income tax-51 593-37 885-447 62089 245-105 491-157 306134 32939 022108 689-311 002109 935-63 857-16 19524 675197 769161 361213 297270 465
Profit for the reporting year-51 593-37 887-455 81682 727-112 018-163 775125 46329 896108 689-311 097109 615-63 918-16 22124 622197 759161 361213 297270 455
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees11414161819192231313230272525292624
Calculated dividend000000000196 000300 000050 435444 81044 81144 810144 810244 811

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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46,21%46,45%3,79%3,55%100%Sabiedrība ar ierobež…1Vanaga Aina1Vanaga MargaritaVanaga LūcijaŠarigina OlgaVanags DonātsSIA "Grand K"
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "GRAND LATGALE"

Overview

Sabiedrība ar ierobežotu atbildību "GRAND LATGALE" (reg. no. 42403015228) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rēzekne, Atbrīvošanas aleja 98.

Financial results

Revenue in 2025 was 1 085 538 €, up 9,8% on the previous year (988 796 €). From 2008 to 2025, revenue grew by an average of 24,1% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 270 455 € (24,9% of revenue). The company was profitable in 10 of the 18 published years. In 2025 the company had 24 employees (26 a year earlier). Revenue per employee was 45 231 €. At the end of 2025, total assets were 3 174 134 € and equity 2 485 398 € (78,3% of assets).

Management and owners

The board has 2 members. According to the register, the company has 4 owners. The largest stake (46,4%) is held by a private individual. The company holds a stake in one other active Latvian company.

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.