Gulbenes rajona Galgauskas pagasta Sarmītes Mūrnieces zemnieka saimniecība "VECSĒTAS"Active

44601000708FarmFounded 1991

Key figures

39 784 €+20,1%
Revenue 2025
+2,8%
Average annual growth 2010–2025
020 k40 k60 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 45 382 € (32% 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).

History
2025 ~45 382 €
2024 ~2911 €
20230 €
20220 €
2021 ~10 292 €
2020 ~11 435 €
2019 ~14 167 €
2018 ~21 644 €
2017 ~35 232 €
2016 ~24 398 €
2015 ~30 801 €
20140 €
2013 ~14 852 €
20120 €
2011 ~31 763 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets31 04835 75262 98279 826166 240144 124168 601161 745145 284120 869100 07982 06271 64272 79896 56779 747
Total non-current assets14 274674922 50618 83320 41822 74714 69413 84211 02711 539925812 625997121 58554 14950 448
Total assets45 32242 50185 48898 659186 658166 871183 295175 587156 311132 408109 33794 68781 61394 383150 716130 195
Balance sheet — liabilities and equity
Current liabilities44661829271710 737533912 088980732757948418834233314283720 52610 7057528
Non-current liabilities0012 2708695971710 9200000000000
Total liabilities4466182914 98719 43215 05623 008980732757948418834233314283720 52610 7057528
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year18 03131 57929 82923 57867 434306254 02334 056-2305-5976-10 871-4249-12 597-19 14569 06528 038
Total equity40 85640 67270 50179 227171 602143 863173 488172 312148 363128 220105 91491 37378 77673 857140 011122 667
Income statement
Sales revenue26 34040 10738 88334 98057 22542 59336 89245 55445 98844 60531 41324 22431 31932 95133 11939 784
Operating profit18 51832 11831 25125 24272 086611357 71235 445-1126-4859-10 483-3810-12 214-18 71569 59028 633
Profit before income tax18 08131 62929 87923 62868 590313354 02334 056-2305-5976-10 871-4249-12 597-19 14569 06528 038
Profit for the reporting year18 03131 57929 82923 57867 434306254 02334 056-2305-5976-10 871-4249-12 597-19 14569 06528 038
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees6544565554322111
Calculated dividend—31 763014 852030 80124 39835 23221 64414 16711 43510 29200291145 382

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
Gulbenes rajona Galga…Mūrniece Sarmīte
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Gulbenes rajona Galgauskas pagasta Sarmītes Mūrnieces zemnieka saimniecība "VECSĒTAS"

Overview

Gulbenes rajona Galgauskas pagasta Sarmītes Mūrnieces zemnieka saimniecība "VECSĒTAS" (reg. no. 44601000708) is a farm. The company was registered in 1991 and has been in the register for 34 years. Registered address: Smiltenes nov., Smiltene, Baznīcas laukums 4 - 1.

Financial results

Revenue in 2025 was 39 784 €, up 20,1% on the previous year (33 119 €). From 2010 to 2025, revenue grew by an average of 2,8% per year. Net profit for 2025 was 28 038 € (70,5% of revenue). The company was profitable in 10 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 39 784 €. At the end of 2025, total assets were 130 195 € and equity 122 667 € (94,2% of assets).

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.