SIA "RITVARI"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 35 850 € (9% 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).
Summary of financial statements2008–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 253 152 | 795 816 | 651 029 | 713 187 | 653 502 |
| Profit for the reporting year | 36 220 | 254 982 | 114 126 | 60 033 | 92 836 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 268 604 | 428 406 | 665 956 | 834 888 | 835 192 |
| Total liabilities | 147 780 | 118 600 | 268 024 | 413 923 | 357 241 |
| Total equity | 120 824 | 309 806 | 397 932 | 420 965 | 477 951 |
| Employees | 5 | 5 | 6 | 6 | 6 |
| Calculated dividend | 28 224 | 66 000 | 26 000 | 37 000 | 35 850 |
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 "RITVARI"
Overview
SIA "RITVARI" (reg. no. 44103043199) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Valmieras nov., Ēveles pag., Ēvele, "Madaras".
Financial results
Revenue in 2025 was 653 502 €, down 8,4% on the previous year (713 187 €). From 2008 to 2025, revenue grew by an average of 73,4% per year. Net profit for 2025 was 92 836 € (14,2% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 6 employees. Revenue per employee was 108 917 €. At the end of 2025, total assets were 835 192 € and equity 477 951 € (57,2% of assets).
Management and owners
The company has one board member. 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.