Alūksnes rajona Ilzenes pagasta G.Salmiņa zemnieku saimniecība "SIVECI-1"Active

43201004692FarmFounded 1992

Key figures

478 648 €+8,9%

Revenue 2025

+16,4%

Average annual growth 2011–2025

Ratios

2025

33,0%

EBITDA margin

14,0%

Profit margin

46,7%

Equity ratio

0,9×

Current ratio

15,1%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

2024 ~23 031 €

2023 ~18 300 €

2022 ~24 241 €

2021 ~23 806 €

2020 ~28 324 €

20190 €

20140 €

20130 €

2012 ~30 536 €

Summary of financial statements2011–2025

	2011	2012	2013	2014	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	63 368	91 338	187 805	209 591	146 931	198 914	200 964	228 092	486 870	330 646	293 941	293 693
Total non-current assets	123 444	136 550	313 941	422 360	418 225	643 964	602 574	596 321	860 302	807 284	709 541	656 431
Total assets	186 812	227 888	501 746	631 951	565 156	842 878	803 538	824 413	1 347 172	1 137 930	1 003 482	950 124
Balance sheet — liabilities and equity
Current liabilities	28 002	17 610	53 163	57 582	54 334	133 483	100 728	116 030	276 261	333 490	366 824	337 700
Non-current liabilities	82 974	92 929	247 827	248 024	220 361	324 519	284 698	246 414	477 918	353 837	259 742	168 502
Total liabilities	110 976	110 539	300 990	305 606	274 695	458 002	385 426	362 444	754 179	687 327	626 566	506 202
Share capital	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	24 849	72 049	83 407	40 695	151	77 246	61 560	67 663	155 265	-124 090	-50 656	67 006
Total equity	75 836	117 349	200 756	326 345	290 461	384 876	418 112	461 969	592 993	450 603	376 916	443 922
Income statement
Sales revenue	90 458	177 981	130 081	199 464	234 286	354 084	385 637	419 783	687 845	434 710	439 471	478 648
Operating profit	28 598	74 736	87 360	48 864	5656	85 296	70 909	75 544	170 975	-86 838	-1772	96 550
EBITDA	58 642	110 029	106 293	104 085	60 760	143 172	162 068	169 378	275 506	39 887	100 419	157 962
Profit before income tax	24 849	72 049	83 407	40 695	151	77 246	62 630	67 663	155 265	-124 090	-50 303	67 006
Profit for the reporting year	24 849	72 049	83 407	40 695	151	77 246	61 560	67 663	155 265	-124 090	-50 656	67 006
Labour costs	5676	7608	12 563	19 580	32 656	41 804	45 334	74 388	84 789	70 677	80 881	90 215
Depreciation of non-current assets	30 044	35 293	18 933	55 221	55 104	57 876	91 159	93 834	104 531	126 725	102 191	61 412
Other indicators
Employees	1	2	4	4	5	5	5	6	7	6	6	6
Calculated dividend	—	30 536	0	0	—	0	28 324	23 806	24 241	18 300	23 031	0

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

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Summary: Alūksnes rajona Ilzenes pagasta G.Salmiņa zemnieku saimniecība "SIVECI-1"

Overview

Alūksnes rajona Ilzenes pagasta G.Salmiņa zemnieku saimniecība "SIVECI-1" (reg. no. 43201004692) is a farm. The company was registered in 1992 and has been in the register for 34 years. Registered address: Alūksnes nov., Ilzenes pag., "Siveci-1".

Financial results

Revenue in 2025 was 478 648 €, up 8,9% on the previous year (439 471 €). From 2011 to 2025, revenue grew by an average of 16,4% per year. Net profit for 2025 was 67 006 € (14,0% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 6 employees. Revenue per employee was 79 775 €. At the end of 2025, total assets were 950 124 € and equity 443 922 € (46,7% 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.