Sabiedrība ar ierobežotu atbildību "S Air"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 24 158 € (48% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2068 | 42 | 4092 | 9591 | 34 591 | 6250 | 27 088 | 41 201 | 36 975 | 38 399 |
| Total non-current assets | 0 | 1012 | 675 | 5203 | 3783 | 3844 | 8752 | 7978 | 34 109 | 50 637 |
| Total assets | 2068 | 1054 | 4767 | 14 794 | 38 374 | 10 094 | 35 840 | 49 179 | 71 084 | 89 036 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 0 | 0 | 69 | 4968 | 21 106 | 17 804 | 0 | 6490 | 8205 | 34 880 |
| Non-current liabilities | 2369 | 451 | 2266 | 84 | 57 102 | 0 | 42 866 | 12 347 | 12 347 | 12 347 |
| Total liabilities | 2369 | 451 | 2335 | 5052 | 78 208 | 17 804 | 42 866 | 18 837 | 20 552 | 47 227 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -401 | 904 | 1829 | 7309 | -49 576 | -7810 | 684 | 24 158 | 26 274 | 15 435 |
| Total equity | -301 | 603 | 2432 | 9742 | -39 834 | -7710 | -7026 | 30 342 | 50 532 | 41 809 |
| Income statement | ||||||||||
| Sales revenue | 3763 | 5997 | 12 908 | 31 420 | 75 168 | 130 589 | 215 294 | 312 941 | 351 600 | 353 970 |
| Operating profit | -401 | 957 | 1829 | 7359 | -49 483 | -7608 | 777 | 24 208 | 26 274 | 15 435 |
| Profit before income tax | -401 | 957 | 1829 | 7359 | -49 483 | -7717 | 777 | 24 208 | 26 274 | 15 435 |
| Profit for the reporting year | -401 | 904 | 1829 | 7309 | -49 576 | -7810 | 684 | 24 158 | 26 274 | 15 435 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 2 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6084 | 24 158 |
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: Sabiedrība ar ierobežotu atbildību "S Air"
Overview
Sabiedrība ar ierobežotu atbildību "S Air" (reg. no. 44103107146) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Cēsu nov., Cēsis, Saules iela 21B - 9.
Financial results
Revenue in 2025 was 353 970 €, up 0,7% on the previous year (351 600 €). From 2016 to 2025, revenue grew by an average of 65,7% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 15 435 € (4,4% of revenue). The company was profitable in 7 of the 10 published years. In 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 88 493 €. At the end of 2025, total assets were 89 036 € and equity 41 809 € (47,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.