Akciju sabiedrība "SMILTENES PIENS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 333 765 € (6% of equity at the end of the previous year).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 2 299 169 | 2 743 894 | 3 243 318 | 3 247 700 | 3 147 607 | 3 452 272 | 3 341 340 | 3 902 439 | 4 699 983 | 5 239 556 | 4 926 833 | 6 158 017 |
| Total non-current assets | 4 723 305 | 5 044 245 | 4 570 346 | 4 032 384 | 3 835 724 | 4 045 962 | 3 838 506 | 8 930 173 | 7 674 027 | 7 364 138 | 7 981 462 | 9 700 170 |
| Total assets | 7 022 474 | 7 788 139 | 7 813 664 | 7 280 084 | 6 983 331 | 7 498 234 | 7 179 846 | 12 832 612 | 12 374 010 | 12 603 694 | 12 908 295 | 15 858 187 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 1 458 225 | 1 525 047 | 1 462 274 | 1 662 542 | 1 518 652 | 4 248 398 | 2 212 359 | 2 560 713 | 2 804 157 | 2 745 897 | 2 888 201 | 4 551 000 |
| Non-current liabilities | 1 159 422 | 1 340 166 | 944 757 | 721 716 | 556 549 | 539 999 | 561 487 | 5 552 326 | 4 777 671 | 4 458 955 | 4 241 140 | 5 748 114 |
| Total liabilities | 2 617 647 | 2 865 213 | 2 407 031 | 2 384 258 | 2 075 201 | 4 788 397 | 2 773 846 | 8 113 039 | 7 581 828 | 7 204 852 | 7 129 341 | 10 299 114 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 720 514 | 669 873 | 819 617 | 818 472 | 870 393 | 1 321 895 | 1 296 162 | 536 814 | 72 609 | 606 660 | 629 530 | 29 355 |
| Total equity | 4 346 667 | 4 857 426 | 5 406 633 | 4 895 826 | 4 908 130 | 2 709 837 | 4 406 000 | 4 719 573 | 4 792 182 | 5 398 842 | 5 778 954 | 5 559 073 |
| Income statement | ||||||||||||
| Sales revenue | 16 560 019 | 15 853 155 | 16 603 972 | 17 869 242 | 19 068 715 | 20 054 179 | 21 156 230 | 21 967 805 | 24 113 126 | 26 903 857 | 30 604 707 | 33 505 636 |
| Operating profit | 767 159 | 681 805 | 819 187 | 893 318 | 878 589 | 1 331 480 | 1 306 968 | 629 413 | 328 691 | 1 007 473 | 1 003 220 | 435 420 |
| Profit before income tax | 762 141 | 679 798 | 819 617 | 894 159 | 878 849 | 1 331 638 | 1 309 428 | 546 790 | 85 267 | 615 967 | 677 662 | 201 626 |
| Profit for the reporting year | 720 514 | 669 873 | 819 617 | 818 472 | 870 393 | 1 321 895 | 1 296 162 | 536 814 | 72 609 | 606 660 | 629 530 | 29 355 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 113 | 122 | 132 | 128 | 131 | 138 | 140 | 149 | 134 | 138 | 146 | 162 |
| Calculated dividend | 149 132 | 151 999 | 344 000 | 1 323 390 | 859 668 | 955 328 | 2 033 811 | 531 434 | 0 | 0 | 248 130 | 333 765 |
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: Akciju sabiedrība "SMILTENES PIENS"
Overview
Akciju sabiedrība "SMILTENES PIENS" (reg. no. 43903002031) is a joint-stock company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Smiltenes nov., Smiltene, Mūrnieku iela 2.
Financial results
Revenue in 2025 was 33 505 636 €, up 9,5% on the previous year (30 604 707 €). From 2014 to 2025, revenue grew by an average of 6,6% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 29 355 € (0,1% of revenue). The company was profitable in all 12 published years. In 2025 the company had 162 employees (146 a year earlier). Revenue per employee was 206 825 €. At the end of 2025, total assets were 15 858 187 € and equity 5 559 073 € (35,1% of assets).
Management and owners
The board has 3 members.
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.