Sabiedrība ar ierobežotu atbildību "TORVALD EL"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 7495 € (2% 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 statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 14 632 | 16 216 | 13 999 | 22 232 | 20 173 | 37 791 | 42 034 | 14 171 | 20 489 | 14 205 | 10 125 | 9622 | 29 702 | 43 844 | 48 071 |
| Total non-current assets | 0 | 0 | 0 | 0 | 75 000 | 208 943 | 805 675 | 1 016 634 | 1 091 978 | 752 792 | 752 792 | 716 384 | 681 459 | 646 534 | 609 666 |
| Total assets | 14 632 | 16 216 | 13 999 | 22 232 | 95 173 | 246 734 | 847 709 | 1 030 805 | 1 112 467 | 766 997 | 762 917 | 726 006 | 711 161 | 690 378 | 657 737 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 517 | 521 | 569 | 1153 | 0 | 6500 | 50 132 | 133 024 | 162 287 | 13 217 | 19 084 | 31 729 | 28 828 | 17 626 | 29 743 |
| Non-current liabilities | 28 733 | 28 733 | 24 733 | 34 221 | 108 031 | 279 056 | 737 178 | 898 497 | 941 734 | 772 676 | 754 359 | 754 359 | 201 175 | 201 175 | 201 175 |
| Total liabilities | 29 250 | 29 254 | 25 302 | 35 374 | 108 031 | 285 556 | 787 310 | 1 031 521 | 1 104 021 | 785 893 | 773 443 | 786 088 | 230 003 | 218 801 | 230 918 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1703 | 1580 | 1735 | 2940 | 690 | -12 637 | 86 586 | -61 115 | 6318 | -27 342 | 8370 | -49 556 | 541 240 | -9581 | -37 263 |
| Total equity | -14 618 | -13 038 | -11 303 | -13 142 | -12 858 | -38 822 | 60 399 | -716 | 8446 | -18 896 | -10 526 | -60 082 | 481 158 | 471 577 | 426 819 |
| Income statement | |||||||||||||||
| Sales revenue | 2000 | 2750 | 2750 | 4260 | 1815 | 4440 | 207 773 | 86 064 | 81 262 | 20 978 | 17 800 | 42 945 | 89 905 | 75 695 | 50 063 |
| Operating profit | -1248 | 2578 | 2525 | 4065 | 1815 | -12 637 | 86 586 | -61 115 | 6318 | -26 305 | 8704 | -45 728 | 543 198 | -6162 | -34 477 |
| Profit before income tax | -1248 | 2578 | 2525 | 4065 | 1815 | -12 637 | 86 586 | -61 115 | 6318 | -26 333 | 8520 | -49 556 | 541 240 | -9581 | -37 263 |
| Profit for the reporting year | -1703 | 1580 | 1735 | 2940 | 690 | -12 637 | 86 586 | -61 115 | 6318 | -27 342 | 8370 | -49 556 | 541 240 | -9581 | -37 263 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7495 |
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 "TORVALD EL"
Overview
Sabiedrība ar ierobežotu atbildību "TORVALD EL" (reg. no. 42403020888) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rēzekne, Jupatovkas iela 3.
Financial results
Revenue in 2025 was 50 063 €, down 33,9% on the previous year (75 695 €). From 2011 to 2025, revenue grew by an average of 25,9% per year. 2025 ended with a loss of 37 263 €. The company was profitable in 8 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 50 063 €. At the end of 2025, total assets were 657 737 € and equity 426 819 € (64,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.