Gulbenes rajona Galgauskas pagasta zemnieku saimniecība "TORŅKALNS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 5001 € (<1% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 279 831 | 429 757 | 460 251 | 455 223 | 400 449 | 484 660 | 362 914 | 603 033 | 662 543 | 855 309 | 542 703 | 614 805 | 660 005 |
| Total non-current assets | 468 325 | 718 483 | 779 895 | 1 231 214 | 1 177 745 | 1 106 764 | 1 158 324 | 1 280 947 | 1 330 294 | 1 825 457 | 1 736 738 | 1 790 585 | 1 733 316 |
| Total assets | 748 156 | 1 148 240 | 1 240 146 | 1 686 437 | 1 578 194 | 1 591 424 | 1 521 238 | 1 883 980 | 1 992 837 | 2 680 766 | 2 279 441 | 2 405 390 | 2 393 321 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 91 118 | 125 833 | 60 607 | 203 758 | 87 189 | 229 974 | 17 521 | 231 031 | 85 802 | 247 353 | 171 279 | 247 462 | 404 648 |
| Non-current liabilities | 240 030 | 282 414 | 327 465 | 602 200 | 502 945 | 401 615 | 481 530 | 381 434 | 482 805 | 823 774 | 665 105 | 695 389 | 643 342 |
| Total liabilities | 331 148 | 408 247 | 388 072 | 805 958 | 590 134 | 631 589 | 499 051 | 612 465 | 568 607 | 1 071 127 | 836 384 | 942 851 | 1 047 990 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6919 | 146 644 | 237 357 | 30 414 | 111 192 | 18 108 | 153 463 | 249 329 | 192 714 | 230 409 | -166 581 | 21 068 | -112 207 |
| Total equity | 417 008 | 739 993 | 852 074 | 880 479 | 988 060 | 959 835 | 1 022 187 | 1 271 515 | 1 424 230 | 1 609 639 | 1 443 057 | 1 462 539 | 1 345 331 |
| Income statement | |||||||||||||
| Sales revenue | 394 814 | 499 871 | 583 256 | 363 241 | 519 884 | 410 283 | 673 801 | 728 565 | 732 721 | 1 140 845 | 626 137 | 609 879 | 482 028 |
| Operating profit | 14 806 | 151 472 | 242 350 | 39 637 | 103 812 | 22 990 | 159 251 | 255 034 | 203 023 | 243 756 | -137 351 | 63 712 | -69 235 |
| Profit before income tax | 9017 | 150 609 | 248 417 | 30 414 | 111 192 | 18 108 | 153 463 | 249 329 | 192 714 | 230 455 | -166 581 | 21 068 | -112 132 |
| Profit for the reporting year | 6919 | 146 644 | 237 357 | 30 414 | 111 192 | 18 108 | 153 463 | 249 329 | 192 714 | 230 409 | -166 581 | 21 068 | -112 207 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 6 | 6 | 5 | 6 | 6 |
| Calculated dividend | — | 0 | 125 276 | 2009 | 3611 | 46 333 | 91 111 | 0 | 39 999 | 45 000 | 0 | 1586 | 5001 |
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: Gulbenes rajona Galgauskas pagasta zemnieku saimniecība "TORŅKALNS"
Overview
Gulbenes rajona Galgauskas pagasta zemnieku saimniecība "TORŅKALNS" (reg. no. 44601002535) is a farm. The company was registered in 1992 and has been in the register for 33 years. Registered address: Gulbenes nov., Galgauskas pag., "Torņkalns".
Financial results
Revenue in 2025 was 482 028 €, down 21,0% on the previous year (609 879 €). From 2013 to 2025, revenue grew by an average of 1,7% per year. 2025 ended with a loss of 112 207 €. The company was profitable in 11 of the 13 published years. In 2025 the company had 6 employees. Revenue per employee was 80 338 €. At the end of 2025, total assets were 2 393 321 € and equity 1 345 331 € (56,2% 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.