SIA "IVARS & KO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 33 812 | 41 816 | 37 012 | 34 633 | 36 030 | 35 876 | 45 336 | 63 999 | 92 987 | 97 046 | 216 321 | 131 529 | 323 457 | 120 462 | 39 471 |
| Total non-current assets | 176 611 | 128 209 | 90 807 | 59 819 | 36 570 | 29 696 | 22 823 | 15 950 | 17 895 | 24 088 | 41 402 | 178 936 | 217 622 | 268 062 | 216 938 |
| Total assets | 210 423 | 170 025 | 127 819 | 94 452 | 72 600 | 65 572 | 68 159 | 79 949 | 110 882 | 121 134 | 257 723 | 310 465 | 541 079 | 388 524 | 256 409 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 55 893 | 81 941 | 54 944 | 65 248 | 90 479 | 36 012 | 26 648 | 38 261 | 56 876 | 75 449 | 125 090 | 90 341 | 77 604 | 29 711 | 62 879 |
| Non-current liabilities | 104 802 | 54 470 | 33 397 | 26 602 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 160 695 | 136 411 | 88 341 | 91 850 | 90 479 | 36 012 | 26 648 | 38 261 | 56 876 | 75 449 | 125 090 | 90 341 | 77 604 | 29 711 | 62 879 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6822 | -16 114 | 5792 | -53 572 | -20 481 | 47 439 | 11 951 | 178 | 34 318 | 6787 | 110 948 | 167 491 | 263 350 | -104 661 | -165 283 |
| Total equity | 49 728 | 33 614 | 39 478 | 2602 | -17 879 | 29 560 | 41 511 | 41 688 | 54 006 | 45 685 | 132 633 | 220 124 | 463 475 | 358 813 | 193 530 |
| Income statement | |||||||||||||||
| Sales revenue | 225 039 | 174 699 | 313 642 | 329 398 | 394 322 | 505 655 | 395 574 | 399 700 | 436 717 | 803 001 | 1 334 406 | 1 280 487 | 711 943 | 581 703 | 580 126 |
| Operating profit | 905 | -9950 | 9227 | -50 062 | -18 339 | 48 056 | 12 540 | 298 | 34 406 | 8129 | 113 948 | 181 364 | 267 147 | -106 024 | -165 313 |
| Profit before income tax | -6780 | -16 059 | 5858 | -53 487 | -20 396 | 47 439 | 12 293 | 178 | 34 318 | 8037 | 113 948 | 181 364 | 268 541 | -104 661 | -165 283 |
| Profit for the reporting year | -6822 | -16 114 | 5792 | -53 572 | -20 481 | 47 439 | 11 951 | 178 | 34 318 | 6787 | 110 948 | 167 491 | 263 350 | -104 661 | -165 283 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 13 | 12 | 12 | 14 | 13 | 13 | 13 | 13 | 13 | 12 | 11 | 10 | 9 | 9 | 8 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 000 | 15 108 | 24 000 | 80 000 | 19 999 | 0 | 0 |
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
Click a node to see its other connections.
Related companies
Summary: SIA "IVARS & KO"
Overview
SIA "IVARS & KO" (reg. no. 45403008257) is a limited liability company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Madonas nov., Bērzaunes pag., Bērzaune, Gaiziņa iela 7.
Financial results
Revenue in 2025 was 580 126 €, on a par with the previous year. From 2011 to 2025, revenue grew by an average of 7,0% per year. 2025 ended with a loss of 165 283 €. The company was profitable in 9 of the 15 published years. In 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 72 516 €. At the end of 2025, total assets were 256 409 € and equity 193 530 € (75,5% 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.