SIA "Tērvete food"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 22 978 € (1% 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 statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 66 692 | 153 436 | 280 181 | 321 358 | 403 712 | 1 041 137 | 998 353 | 1 150 397 | 1 350 141 |
| Total non-current assets | 0 | 1 267 878 | 1 261 338 | 3 651 409 | 2 657 570 | 1 830 749 | 2 327 808 | 2 307 468 | 3 305 840 |
| Total assets | 66 692 | 1 421 314 | 1 541 519 | 3 972 767 | 3 061 282 | 2 871 886 | 3 326 161 | 3 457 865 | 4 655 981 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 653 | 189 397 | 660 368 | 471 586 | 561 132 | 698 395 | 367 667 | 490 768 | 824 662 |
| Non-current liabilities | 57 000 | 1 746 937 | 1 851 617 | 2 053 553 | 1 059 000 | 830 395 | 820 362 | 819 864 | 1 676 296 |
| Total liabilities | 57 653 | 1 936 334 | 2 511 985 | 2 525 139 | 1 620 132 | 1 528 790 | 1 188 029 | 1 310 632 | 2 500 958 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -961 | -524 059 | -455 446 | -222 237 | -6478 | -98 054 | 2948 | 32 079 | 30 768 |
| Total equity | 9039 | -515 020 | -970 466 | 1 447 628 | 1 441 150 | 1 343 096 | 2 138 132 | 2 147 233 | 2 155 023 |
| Income statement | |||||||||
| Sales revenue | 0 | 86 613 | 1 117 568 | 1 762 140 | 2 264 166 | 1 914 344 | 2 024 101 | 2 687 414 | 3 109 990 |
| Operating profit | -784 | -495 415 | -399 144 | -161 209 | -30 539 | -106 348 | 15 147 | 51 341 | 83 954 |
| Profit before income tax | -961 | -518 586 | -445 441 | -215 048 | -6090 | -97 978 | 3272 | 32 305 | 30 845 |
| Profit for the reporting year | -961 | -524 059 | -455 446 | -222 237 | -6478 | -98 054 | 2948 | 32 079 | 30 768 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 1 | 18 | 36 | 35 | 36 | 36 | 35 | 48 | 65 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 22 978 | 22 978 |
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
Click a node to see its other connections.
Related companies
- "RED-Radošu Efektu Darbnīca"
- "Rīgas Tehniskās universitātes Absolventu asociācija"
- Akciju sabiedrība "AGROLATS HOLDING"
- Akciju sabiedrība "Agrofirma Viļāni"
- Dobele BESS Park SIA
- SIA "AGROLATS"
- SIA "Zvejnieku saimniecība IRBE"
- SIA One Seven
- Sabiedrība ar ierobežotu atbildību "Agrolats Nekustamie Īpašumi"
- Sabiedrība ar ierobežotu atbildību "KIRANA"
- Sabiedrība ar ierobežotu atbildību "Kalnāji"
- Sabiedrība ar ierobežotu atbildību "MER-KUR"
Summary: SIA "Tērvete food"
Overview
SIA "Tērvete food" (reg. no. 43603079521) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Saldus nov., Saldus pag., Druva, "Kuldīgas šoseja 4".
Financial results
Revenue in 2025 was 3 109 990 €, up 15,7% on the previous year (2 687 414 €). This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 30 768 € (1,0% of revenue). The company was profitable in 3 of the 9 published years. In 2025 the company had 65 employees (48 a year earlier). Revenue per employee was 47 846 €. At the end of 2025, total assets were 4 655 981 € and equity 2 155 023 € (46,3% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Akciju sabiedrība "AGROLATS HOLDING".
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.