Turlavas pagasta zemnieku saimniecība "KUPŠAS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 21 911 € (3% 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 | 60 434 | 135 961 | 171 313 | 131 829 | 233 390 | 207 273 | 293 750 | 355 257 | 439 790 | 352 947 | 395 101 | 332 349 | 314 919 |
| Total non-current assets | 296 651 | 392 535 | 414 453 | 520 816 | 495 074 | 470 733 | 442 632 | 469 560 | 425 891 | 582 840 | 567 492 | 543 296 | 490 135 |
| Total assets | 357 085 | 528 496 | 585 766 | 652 645 | 728 464 | 678 006 | 736 382 | 824 817 | 865 681 | 935 787 | 962 593 | 875 645 | 805 054 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 20 049 | 34 385 | 16 757 | 462 | 3942 | 3507 | 3350 | 4079 | 0 | 0 | 0 | 0 |
| Non-current liabilities | 41 063 | 16 143 | 25 965 | 12 884 | 12 884 | 0 | 0 | 0 | 0 | 3015 | 39 511 | 7290 | 2611 |
| Total liabilities | 41 063 | 36 192 | 60 350 | 29 641 | 13 346 | 3942 | 3507 | 3350 | 4079 | 3015 | 39 511 | 7290 | 2611 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 35 357 | 43 160 | 35 111 | 97 076 | 101 392 | -27 589 | 76 106 | 98 592 | 51 265 | 83 973 | 10 310 | -32 350 | -44 001 |
| Total equity | 316 022 | 492 304 | 525 416 | 623 004 | 715 118 | 674 064 | 732 875 | 821 467 | 861 602 | 932 772 | 923 082 | 868 355 | 802 443 |
| Income statement | |||||||||||||
| Sales revenue | 159 172 | 154 258 | 220 660 | 250 218 | 279 507 | 145 090 | 264 924 | 297 404 | 275 293 | 232 472 | 378 854 | 193 683 | 183 201 |
| Operating profit | 40 068 | 49 546 | 41 408 | 98 051 | 101 844 | -27 557 | 76 106 | 98 592 | 51 265 | 83 973 | 10 310 | -32 350 | -44 001 |
| EBITDA | — | — | — | 144 411 | 149 811 | 4646 | 120 025 | 145 771 | 97 172 | 134 572 | 73 633 | 34 428 | 19 945 |
| Profit before income tax | 37 568 | 47 173 | 39 452 | 97 076 | 101 392 | -27 589 | 76 106 | 98 592 | 51 265 | 83 973 | 10 310 | -32 350 | -44 001 |
| Profit for the reporting year | 35 357 | 43 160 | 35 111 | 97 076 | 101 392 | -27 589 | 76 106 | 98 592 | 51 265 | 83 973 | 10 310 | -32 350 | -44 001 |
| Labour costs | — | — | — | 37 948 | 40 792 | 47 122 | 43 473 | 41 694 | 48 571 | 44 899 | 45 025 | 64 622 | 45 234 |
| Depreciation of non-current assets | — | — | — | 46 360 | 47 967 | 32 203 | 43 919 | 47 179 | 45 907 | 50 599 | 63 323 | 66 778 | 63 946 |
| Other indicators | |||||||||||||
| Employees | 4 | 4 | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 2 | 3 | 2 |
| Calculated dividend | 0 | 0 | 1999 | 0 | 9278 | 13 465 | 17 295 | 10 000 | 11 130 | 12 803 | 20 000 | 22 377 | 21 911 |
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: Turlavas pagasta zemnieku saimniecība "KUPŠAS"
Overview
Turlavas pagasta zemnieku saimniecība "KUPŠAS" (reg. no. 46101006124) is a farm. The company was registered in 1992 and has been in the register for 34 years. Registered address: Kuldīgas nov., Turlavas pag., Turlava, "Kupšas".
Financial results
Revenue in 2025 was 183 201 €, down 5,4% on the previous year (193 683 €). From 2013 to 2025, revenue grew by an average of 1,2% per year. 2025 ended with a loss of 44 001 €. The company was profitable in 10 of the 13 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 91 601 €. At the end of 2025, total assets were 805 054 € and equity 802 443 € (99,7% of assets).
Management and owners
The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.