SIA Cirsmas LVActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 48 124 € (4% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 15 277 | 32 678 | 85 435 | 73 123 | 162 163 | 213 764 | 392 082 | 885 558 | 1 160 958 | 1 260 247 |
| Total non-current assets | 2112 | 18 708 | 135 606 | 159 535 | 153 422 | 398 936 | 653 291 | 1 242 726 | 1 639 537 | 1 604 957 |
| Total assets | 17 389 | 51 386 | 221 041 | 232 658 | 315 585 | 612 700 | 1 045 373 | 2 128 284 | 2 800 495 | 2 865 204 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 3589 | 16 540 | 48 611 | 94 487 | 116 567 | 178 817 | 281 592 | 738 069 | 742 998 | 620 428 |
| Non-current liabilities | 0 | 0 | 105 870 | 36 953 | 65 193 | 190 538 | 138 071 | 295 355 | 718 533 | 942 751 |
| Total liabilities | 3589 | 16 540 | 154 481 | 131 440 | 181 760 | 369 355 | 419 663 | 1 033 424 | 1 461 531 | 1 563 179 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 799 | 21 046 | 31 714 | 14 558 | 32 609 | 109 520 | 357 103 | 476 150 | 279 724 | 11 185 |
| Total equity | 13 800 | 34 846 | 66 560 | 101 218 | 133 825 | 243 345 | 625 710 | 1 094 860 | 1 338 964 | 1 302 025 |
| Income statement | ||||||||||
| Sales revenue | 65 979 | 181 182 | 806 757 | 970 823 | 1 170 091 | 1 259 990 | 2 959 369 | 3 499 904 | 3 096 894 | 2 644 489 |
| Operating profit | 16 079 | 23 857 | 38 336 | 31 792 | 38 628 | 116 417 | 369 794 | 518 820 | 350 306 | 92 137 |
| Profit before income tax | 16 075 | 23 838 | 31 714 | 14 558 | 32 609 | 109 520 | 357 476 | 476 265 | 280 662 | 11 185 |
| Profit for the reporting year | 13 799 | 21 046 | 31 714 | 14 558 | 32 609 | 109 520 | 357 103 | 476 150 | 279 724 | 11 185 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 1 | 3 | 6 | 7 | 6 | 9 | 13 | 11 | 11 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 7000 | 35 620 | 48 124 |
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: SIA Cirsmas LV
Overview
SIA Cirsmas LV (reg. no. 43603074420) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Antonijas iela 9 - 17.
Financial results
Revenue in 2025 was 2 644 489 €, down 14,6% on the previous year (3 096 894 €). From 2016 to 2025, revenue grew by an average of 50,7% per year. Net profit for 2025 was 11 185 € (0,4% of revenue). The company was profitable in all 10 published years. In 2025 the company had 11 employees. Revenue per employee was 240 408 €. At the end of 2025, total assets were 2 865 204 € and equity 1 302 025 € (45,4% 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.