Ērģemes pagasta V.Miķelsona zemnieku saimniecība "BALTUPES"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 268 484 | 145 908 | 118 910 |
| Total non-current assets | 416 685 | 423 208 | 406 846 |
| Total assets | 685 169 | 569 116 | 525 756 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 33 058 | 31 862 | 31 629 |
| Non-current liabilities | 78 162 | 76 700 | 46 531 |
| Total liabilities | 111 220 | 108 562 | 78 160 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -34 609 | -113 395 | -12 959 |
| Total equity | 573 949 | 460 554 | 447 596 |
| Income statement | |||
| Sales revenue | 142 845 | 160 934 | 134 784 |
| Operating profit | -26 291 | -105 408 | -7427 |
| Profit before income tax | -34 609 | -113 395 | -12 959 |
| Profit for the reporting year | -34 609 | -113 395 | -12 959 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 3 | 3 | 3 |
| Calculated dividend | — | 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: Ērģemes pagasta V.Miķelsona zemnieku saimniecība "BALTUPES"
Overview
Ērģemes pagasta V.Miķelsona zemnieku saimniecība "BALTUPES" (reg. no. 44101032190) is a farm. The company was registered in 2000 and has been in the register for 26 years. Registered address: Valkas nov., Ērģemes pag., Turna, "Baltupes".
Financial results
Revenue in 2025 was 134 784 €, down 16,2% on the previous year (160 934 €). From 2023 to 2025, revenue declined by an average of 2,9% per year. 2025 ended with a loss of 12 959 €. The company made a loss in all 3 published years. In 2025 the company had 3 employees. Revenue per employee was 44 928 €. At the end of 2025, total assets were 525 756 € and equity 447 596 € (85,1% 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.