Zemnieku saimniecība "KALNARĀJI"Active

45901000852FarmFounded 1992

Key figures

87 529 €-2,8%

Revenue 2025

+3,1%

Average annual growth 2012–2025

Ratios

2025

62,8%

EBITDA margin

-33,0%

Profit margin

34,2%

Equity ratio

1,7×

Current ratio

-18,3%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

2022 ~22 000 €

20210 €

20200 €

2019 ~95 298 €

2018 ~47 626 €

2017 ~24 186 €

2016 ~17 873 €

2015 ~13 974 €

20140 €

2013 ~6702 €

Summary of financial statements2012–2025

	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	25 504	54 039	58 312	93 999	127 670	145 252	195 228	107 251	82 438	132 596	142 959	89 421	112 356	101 215
Total non-current assets	178 937	161 641	199 132	188 214	241 295	275 131	409 730	332 877	272 140	246 135	467 844	409 065	342 713	361 017
Total assets	204 441	215 680	257 444	282 213	368 965	420 383	604 958	440 128	354 578	378 731	610 803	498 486	455 069	462 232
Balance sheet — liabilities and equity
Current liabilities	530	618	12 351	494	1112	477	32 105	81 140	44 218	2384	2117	15 427	66 191	60 053
Non-current liabilities	126 362	106 309	117 710	78 299	112 457	144 118	292 008	222 560	171 193	89 643	309 388	258 715	201 653	243 878
Total liabilities	126 892	106 927	130 061	78 793	113 569	144 595	324 113	303 700	215 411	92 027	311 505	274 142	267 844	303 931
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	19 145	37 906	-15 706	90 011	69 849	44 578	52 683	-49 119	2739	72 728	34 594	-74 954	-37 119	-28 924
Total equity	77 549	108 753	127 383	203 420	255 396	275 788	280 845	136 428	139 167	286 704	299 298	224 344	187 225	158 301
Income statement
Sales revenue	58 559	46 553	64 868	54 469	118 157	72 970	74 391	62 607	75 568	61 795	99 082	64 368	90 092	87 529
Operating profit	24 100	42 280	-10 988	94 414	73 496	49 313	59 275	-33 288	13 089	76 114	37 725	-67 464	-27 912	-18 692
EBITDA	58 423	75 800	31 969	130 603	118 507	103 096	124 210	43 565	70 421	123 126	103 616	21 350	47 479	54 951
Profit before income tax	19 145	38 240	-14 908	90 820	69 849	44 578	52 683	-40 425	6182	74 039	34 594	-74 954	-37 119	-28 924
Profit for the reporting year	19 145	37 906	-15 706	90 011	69 849	44 578	52 683	-49 119	2739	72 728	34 594	-74 954	-37 119	-28 924
Labour costs	779	772	1192	1321	1358	1419	1659	1659	1659	5260	19 125	24 418	33 156	34 205
Depreciation of non-current assets	34 323	33 520	42 957	36 189	45 011	53 783	64 935	76 853	57 332	47 012	65 891	88 814	75 391	73 643
Other indicators
Employees	0	0	0	0	0	0	0	0	0	1	2	2	2	2
Calculated dividend	—	6702	0	13 974	17 873	24 186	47 626	95 298	0	0	22 000	0	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

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Summary: Zemnieku saimniecība "KALNARĀJI"

Overview

Zemnieku saimniecība "KALNARĀJI" (reg. no. 45901000852) is a farm. The company was registered in 1992 and has been in the register for 33 years. Registered address: Krāslavas nov., Dagdas pag., Neikuri, "Kalnarāji".

Financial results

Revenue in 2025 was 87 529 €, down 2,8% on the previous year (90 092 €). From 2012 to 2025, revenue grew by an average of 3,1% per year. 2025 ended with a loss of 28 924 €. The company was profitable in 9 of the 14 published years. In 2025 the company had 2 employees. Revenue per employee was 43 765 €. At the end of 2025, total assets were 462 232 € and equity 158 301 € (34,2% 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.