SIA "PALSMANE"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 473 903 | 659 671 | 620 247 | 578 503 | 458 659 | 428 555 | 444 323 | 417 796 | 329 557 | 297 997 | 445 018 | 410 430 | 300 806 |
| Total non-current assets | 917 049 | 1 814 217 | 1 782 607 | 1 766 558 | 1 808 003 | 1 737 026 | 1 602 569 | 1 629 955 | 1 676 208 | 1 528 706 | 1 518 777 | 1 607 901 | 1 747 988 |
| Total assets | 1 390 952 | 2 473 888 | 2 402 854 | 2 345 061 | 2 266 662 | 2 165 581 | 2 046 892 | 2 047 751 | 2 005 765 | 1 826 703 | 1 963 795 | 2 018 331 | 2 048 794 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 95 809 | 351 960 | 383 191 | 376 701 | 300 033 | 296 561 | 269 011 | 331 811 | 378 001 | 298 733 | 420 921 | 370 518 | 345 895 |
| Non-current liabilities | 236 453 | 573 306 | 494 166 | 434 884 | 384 519 | 301 837 | 182 113 | 205 323 | 201 503 | 101 651 | 113 476 | 214 173 | 133 308 |
| Total liabilities | 332 262 | 925 266 | 877 357 | 811 585 | 684 552 | 598 398 | 451 124 | 537 134 | 579 504 | 400 384 | 534 397 | 584 691 | 479 203 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 138 141 | 43 122 | 9646 | 7979 | 48 634 | -14 927 | 28 585 | -85 151 | -84 356 | 58 | 3079 | 4242 | 135 951 |
| Total equity | 1 035 040 | 1 515 851 | 1 525 497 | 1 533 476 | 1 582 110 | 1 567 183 | 1 595 768 | 1 510 617 | 1 426 261 | 1 426 319 | 1 429 398 | 1 433 640 | 1 569 591 |
| Income statement | |||||||||||||
| Sales revenue | 906 785 | 1 242 237 | 1 153 932 | 959 950 | 1 276 334 | 898 965 | 942 049 | 796 911 | 872 881 | 1 053 967 | 662 474 | 754 877 | 807 554 |
| Operating profit | 154 222 | 69 417 | 34 389 | 29 841 | 67 473 | 1742 | 26 977 | -76 024 | -74 643 | 4247 | 15 031 | 30 052 | 152 537 |
| Profit before income tax | 141 046 | 48 707 | 9646 | 7979 | 48 634 | -14 927 | 28 585 | -85 151 | -84 356 | 58 | 3079 | 4242 | 135 951 |
| Profit for the reporting year | 138 141 | 43 122 | 9646 | 7979 | 48 634 | -14 927 | 28 585 | -85 151 | -84 356 | 58 | 3079 | 4242 | 135 951 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 53 | 53 | 57 | 53 | 44 | 49 | 45 | 46 | 45 | 37 | 31 | 30 | 26 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 "PALSMANE"
Overview
SIA "PALSMANE" (reg. no. 43903000717) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Smiltenes nov., Palsmanes pag., Palsmane, "Kantora ēka".
Financial results
Revenue in 2025 was 807 554 €, up 7,0% on the previous year (754 877 €). From 2013 to 2025, revenue declined by an average of 1,0% per year. Net profit for 2025 was 135 951 € (16,8% of revenue). The company was profitable in 10 of the 13 published years. In 2025 the company had 26 employees (30 a year earlier). Revenue per employee was 31 060 €. At the end of 2025, total assets were 2 048 794 € and equity 1 569 591 € (76,6% of assets).
Management and owners
The board has 3 members. According to the register, the company has 36 owners. The largest stake (48,6%) is held by 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.