SIA "CIETAIS RIEKSTS"Active

44103005498Limited liability companyFounded 1994

Key figures

147 580 €+15,9%
Revenue 2025
-9,7%
Average annual change 2012–2025
0200 k400 k600 k800 k’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’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
2015 ~8889 €
20140 €
20130 €
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets137 056134 163172 252139 142153 530153 479170 929164 678145 270111 97463 58477 95368 05574 685
Total non-current assets70 91563 32283 412103 937124 208109 53598 013104 341108 108110 940133 563125 050113 885109 773
Total assets207 971197 485255 664243 079277 738263 014268 942269 019253 378222 914197 147203 003181 940184 458
Balance sheet — liabilities and equity
Current liabilities65 03717 01070 02538 20866 93439 17536 74934 12113 08822 18729 58936 80231 54345 664
Non-current liabilities5764384227340000019971487362985100
Total liabilities70 80120 85272 75938 20866 93439 17536 74934 12115 08523 67433 21837 65331 54345 664
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year39 48939 463-51 75930 855593613 035835427053395-39 053-35 3111421-14 953-11 603
Total equity137 170176 633182 905204 871210 804223 839232 193234 898238 293199 240163 929165 350150 397138 794
Income statement
Sales revenue554 682527 377613 362772 796452 320554 121561 401549 910315 22096 413105 396112 411127 376147 580
Operating profit49 64849 422-50 80931 892681114 032880430733585-38 678-34 8092765-13 247-9553
Profit before income tax48 54748 463-51 51431 099593613 540843028043395-39 053-35 3061426-14 845-11 603
Profit for the reporting year39 48939 463-51 75930 855593613 035835427053395-39 053-35 3111421-14 953-11 603
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees19171716131616131145454
Calculated dividend—0088890000000000

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
100%SIA "CIETAIS RIEKSTS"Krūzkops AndrisRode Indra
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "CIETAIS RIEKSTS"

Overview

SIA "CIETAIS RIEKSTS" (reg. no. 44103005498) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Valmieras nov., Matīšu pag., Matīši, Valmieras iela 12A.

Financial results

Revenue in 2025 was 147 580 €, up 15,9% on the previous year (127 376 €). From 2012 to 2025, revenue declined by an average of 9,7% per year. 2025 ended with a loss of 11 603 €. The company was profitable in 9 of the 14 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 36 895 €. At the end of 2025, total assets were 184 458 € and equity 138 794 € (75,2% of assets).

Management and owners

The board has 2 members. The sole owner of the company is 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.