SIA Sundin ZemeActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 687 428 | 81 713 | 207 165 | 371 882 | 310 102 | 206 580 |
| Total non-current assets | 1 290 268 | 1 212 181 | 755 554 | 1 118 440 | 1 103 701 | 968 443 |
| Total assets | 1 977 696 | 1 293 894 | 962 719 | 1 490 322 | 1 413 803 | 1 175 023 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 683 664 | 22 599 | 45 695 | 93 511 | 168 477 | 157 907 |
| Non-current liabilities | 1 297 050 | 1 255 400 | 197 311 | 250 000 | 250 000 | 300 000 |
| Total liabilities | 1 980 714 | 1 277 999 | 243 006 | 343 511 | 418 477 | 457 907 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -5818 | 18 913 | 607 818 | 164 782 | -115 193 | -253 867 |
| Total equity | -3018 | 15 895 | 719 713 | 1 146 811 | 995 326 | 717 116 |
| Income statement | ||||||
| Sales revenue | 1666 | 26 796 | 178 899 | 168 277 | 151 236 | 162 686 |
| Operating profit | 2055 | 32 038 | 613 491 | 171 635 | -93 761 | -236 450 |
| Profit before income tax | -5818 | 19 013 | 607 818 | 167 657 | -111 155 | -253 867 |
| Profit for the reporting year | -5818 | 18 913 | 607 818 | 164 782 | -115 193 | -253 867 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 0 | 0 | 1 | 8 | 8 | 7 |
| Calculated dividend | — | 0 | 0 | 59 228 | 16 150 | 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 Sundin Zeme
Overview
SIA Sundin Zeme (reg. no. 44103127335) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Valmieras nov., Valmiera, Cēsu iela 19.
Financial results
Revenue in 2025 was 162 686 €, up 7,6% on the previous year (151 236 €). From 2020 to 2025, revenue grew by an average of 150% per year. 2025 ended with a loss of 253 867 €. The company was profitable in 3 of the 6 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 23 241 €. At the end of 2025, total assets were 1 175 023 € and equity 717 116 € (61,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.