Valkas rajona Launkalnes pagasta zemnieku saimniecība "ŽAGARI"Active

44101025907FarmFounded 1997

Key figures

869 493 €-7,2%
Revenue 2025
+6,9%
Average annual growth 2011–2025
0250 k500 k750 k1 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 1000 € (<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).

History
2025 ~1000 €
20240 €
2023 ~28 000 €
2022 ~2000 €
20210 €
20200 €
2019 ~1138 €
2018 ~6202 €
2017 ~2363 €
2016 ~1044 €
2015 ~1087 €
20140 €
2013 ~27 937 €
2012 ~19 900 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets41 71248 19259 06266 42064 76965 26073 60268 01063 92060 22582 30873 213157 093107 291109 734
Total non-current assets16 67114 27814 04130 22030 59127 71628 71128 03624 42322 49820 35922 83658 062171 325152 977
Total assets58 38362 47073 10396 64095 36092 976102 31396 04688 34382 723102 66796 049215 155278 616262 711
Balance sheet — liabilities and equity
Current liabilities18 78021 29242 81245 76143 14747 24249 92954 43543 45357 41652 75154 82996 36372 56584 950
Non-current liabilities0010 61017 17117 17113 37116 18210 4737983595294630000
Total liabilities18 78021 29253 42262 93260 31860 61366 11164 90851 43663 36862 21454 82996 36372 56584 950
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year852321 1406440108710442363620211386907-17 55221 0982767105 57287 259-27 290
Total equity37 53838 77817 28131 08731 04432 36336 20231 13836 90719 35540 45341 220118 792206 051177 761
Income statement
Sales revenue340 211335 843324 511466 166441 985508 756571 358477 207477 705473 116560 747679 699807 788936 737869 493
Operating profit13 43925 1569175278634513354821920257697-16 34022 4003826105 85488 584-26 265
Profit before income tax10 59125 0777768184920842564754313397108-17 35121 2992968105 77388 343-26 349
Profit for the reporting year852321 1406440108710442363620211386907-17 55221 0982767105 57287 259-27 290
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees7766777777778910
Calculated dividend—19 90027 93701087104423636202113800200028 00001000

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
Valkas rajona Launkal…Žeļezkins Māris
CompanyPersonShareholderOther roleAdditional link

Summary: Valkas rajona Launkalnes pagasta zemnieku saimniecība "ŽAGARI"

Overview

Valkas rajona Launkalnes pagasta zemnieku saimniecība "ŽAGARI" (reg. no. 44101025907) is a farm. The company was registered in 1997 and has been in the register for 29 years. Registered address: Smiltenes nov., Smiltene, "Žagari".

Financial results

Revenue in 2025 was 869 493 €, down 7,2% on the previous year (936 737 €). From 2011 to 2025, revenue grew by an average of 6,9% per year. 2025 ended with a loss of 27 290 €. The company was profitable in 13 of the 15 published years. In 2025 the company had 10 employees (9 a year earlier). Revenue per employee was 86 949 €. At the end of 2025, total assets were 262 711 € and equity 177 761 € (67,7% 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.