Madonas rajona Ērgļu pagasta zemnieku saimniecība "DĀVELNĪTIS"Active

45401018458FarmFounded 2001

Key figures

116 591 €-52,6%
Revenue 2025
-1,8%
Average annual change 2014–2025
0100 k200 k300 k’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0250 k500 k750 k’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~1608 €
2021 ~2670 €
20200 €
2019 ~10 981 €
2018 ~5757 €
20170 €
2016 ~8126 €
2015 ~23 505 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets215 363224 210228 472262 449268 302271 763250 034231 759210 633227 277157 552161 469
Total non-current assets331 122300 906327 626393 593409 310387 428422 566441 787381 957364 053301 996277 674
Total assets546 485525 116556 098656 042677 612659 191672 600673 546592 590591 330459 548439 143
Balance sheet — liabilities and equity
Current liabilities63 49756 92551 63375 38077 38879 811128 368104 54163 807106 72437 22016 567
Non-current liabilities247 411209 315233 200305 345330 068319 651278 183297 950251 183202 916138 663138 666
Total liabilities310 908266 240284 833380 725407 456399 462406 551402 491314 990309 640175 883155 233
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year47 61846 80420 515441259655467147676815340901975245
Total equity235 577258 876271 265275 317270 156259 729266 049271 055277 600281 690283 665283 910
Income statement
Sales revenue142 221108 467141 491151 620104 880138 576143 084181 355225 029146 647246 058116 591
Operating profit57 95355 59026 98911 46511 03011 53814 85114 72815 87013 80110 0022317
EBITDA94 75194 31177 00467 33970 93873 42075 70187 21877 70056 88584 75342 271
Profit before income tax49 32948 28320 515441259655467147676815340901975245
Profit for the reporting year47 61846 80420 515441259655467147676815340901975245
Labour costs41 48345 59960 24356 74552 03347 05059 18767 18178 32463 71052 79837 010
Depreciation of non-current assets36 79838 72150 01555 87459 90861 88260 85072 49061 83043 08474 75139 954
Other indicators
Employees666677777653
Calculated dividend—23 50581260575710 981026701608000

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
Madonas rajona Ērgļu …Picka ElgaPicka Māris
CompanyPersonShareholderOther roleAdditional link

Summary: Madonas rajona Ērgļu pagasta zemnieku saimniecība "DĀVELNĪTIS"

Overview

Madonas rajona Ērgļu pagasta zemnieku saimniecība "DĀVELNĪTIS" (reg. no. 45401018458) is a farm. The company was registered in 2001 and has been in the register for 25 years. Registered address: Madonas nov., Ērgļu pag., "Dāvelnītis".

Financial results

Revenue in 2025 was 116 591 €, down 52,6% on the previous year (246 058 €). From 2014 to 2025, revenue declined by an average of 1,8% per year. Net profit for 2025 was 245 € (0,2% of revenue). The company was profitable in all 12 published years. In 2025 the company had 3 employees (5 a year earlier). Revenue per employee was 38 864 €. At the end of 2025, total assets were 439 143 € and equity 283 910 € (64,7% 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.