SIA FRENXActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 209 519 | 627 407 | 1 594 113 | 1 890 968 | 2 182 278 |
| Profit for the reporting year | 23 786 | 162 509 | 206 054 | 38 100 | 163 813 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 57 490 | 232 667 | 479 172 | 581 541 | 737 260 |
| Total liabilities | 47 577 | 60 245 | 113 014 | 204 284 | 196 222 |
| Total equity | 9913 | 172 422 | 366 158 | 377 257 | 541 038 |
| Employees | 14 | 19 | 40 | 50 | 52 |
| Calculated dividend | 0 | 0 | 7000 | 27 001 | 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 FRENX
Overview
SIA FRENX (reg. no. 44103110555) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Valmieras nov., Valmiera, Jāzepa Vītola iela 8.
Financial results
Revenue in 2025 was 2 182 278 €, up 15,4% on the previous year (1 890 968 €). From 2017 to 2025, revenue grew by an average of 104% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 163 813 € (7,5% of revenue). The company was profitable in 6 of the 9 published years. In 2025 the company had 52 employees (50 a year earlier). Revenue per employee was 41 967 €. At the end of 2025, total assets were 737 260 € and equity 541 038 € (73,4% of assets).
Management and owners
The board has 2 members. 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.