SIA "CIETAIS RIEKSTS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 137 056 | 134 163 | 172 252 | 139 142 | 153 530 | 153 479 | 170 929 | 164 678 | 145 270 | 111 974 | 63 584 | 77 953 | 68 055 | 74 685 |
| Total non-current assets | 70 915 | 63 322 | 83 412 | 103 937 | 124 208 | 109 535 | 98 013 | 104 341 | 108 108 | 110 940 | 133 563 | 125 050 | 113 885 | 109 773 |
| Total assets | 207 971 | 197 485 | 255 664 | 243 079 | 277 738 | 263 014 | 268 942 | 269 019 | 253 378 | 222 914 | 197 147 | 203 003 | 181 940 | 184 458 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 65 037 | 17 010 | 70 025 | 38 208 | 66 934 | 39 175 | 36 749 | 34 121 | 13 088 | 22 187 | 29 589 | 36 802 | 31 543 | 45 664 |
| Non-current liabilities | 5764 | 3842 | 2734 | 0 | 0 | 0 | 0 | 0 | 1997 | 1487 | 3629 | 851 | 0 | 0 |
| Total liabilities | 70 801 | 20 852 | 72 759 | 38 208 | 66 934 | 39 175 | 36 749 | 34 121 | 15 085 | 23 674 | 33 218 | 37 653 | 31 543 | 45 664 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 39 489 | 39 463 | -51 759 | 30 855 | 5936 | 13 035 | 8354 | 2705 | 3395 | -39 053 | -35 311 | 1421 | -14 953 | -11 603 |
| Total equity | 137 170 | 176 633 | 182 905 | 204 871 | 210 804 | 223 839 | 232 193 | 234 898 | 238 293 | 199 240 | 163 929 | 165 350 | 150 397 | 138 794 |
| Income statement | ||||||||||||||
| Sales revenue | 554 682 | 527 377 | 613 362 | 772 796 | 452 320 | 554 121 | 561 401 | 549 910 | 315 220 | 96 413 | 105 396 | 112 411 | 127 376 | 147 580 |
| Operating profit | 49 648 | 49 422 | -50 809 | 31 892 | 6811 | 14 032 | 8804 | 3073 | 3585 | -38 678 | -34 809 | 2765 | -13 247 | -9553 |
| Profit before income tax | 48 547 | 48 463 | -51 514 | 31 099 | 5936 | 13 540 | 8430 | 2804 | 3395 | -39 053 | -35 306 | 1426 | -14 845 | -11 603 |
| Profit for the reporting year | 39 489 | 39 463 | -51 759 | 30 855 | 5936 | 13 035 | 8354 | 2705 | 3395 | -39 053 | -35 311 | 1421 | -14 953 | -11 603 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 19 | 17 | 17 | 16 | 13 | 16 | 16 | 13 | 11 | 4 | 5 | 4 | 5 | 4 |
| Calculated dividend | — | 0 | 0 | 8889 | 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 "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.