Varakļānu pagasta zemnieku saimniecība "BITES"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 11 200 € (16% 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 | 29 485 | 35 057 | 33 181 | 65 896 | 66 228 | 72 633 | 58 520 | 48 784 | 56 089 | 66 106 | 45 498 | 57 833 | 59 434 |
| Total non-current assets | 51 670 | 56 270 | 34 203 | 15 673 | 19 753 | 16 798 | 82 865 | 73 777 | 56 921 | 51 431 | 37 276 | 23 803 | 15 838 |
| Total assets | 81 155 | 91 327 | 67 384 | 81 569 | 85 981 | 89 431 | 141 385 | 122 561 | 113 010 | 117 537 | 82 774 | 81 636 | 75 272 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 3928 | 4830 | 4628 | 5543 | 5503 | 3079 | 7407 | 6161 | 6221 | 5737 | 4501 | 7719 | 2759 |
| Non-current liabilities | 13 293 | 14 539 | 10 385 | 6231 | 2077 | 0 | 42 770 | 28 209 | 13 649 | 9093 | 5280 | 1760 | 0 |
| Total liabilities | 17 221 | 19 369 | 15 013 | 11 774 | 7580 | 3079 | 50 177 | 34 370 | 19 870 | 14 830 | 9781 | 9479 | 2759 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 846 | 510 | -16 956 | 37 895 | 25 686 | 18 254 | 12 525 | 23 435 | 8993 | 19 191 | -20 614 | 5026 | 11 556 |
| Total equity | 63 934 | 71 958 | 52 371 | 69 795 | 78 401 | 86 352 | 91 208 | 88 191 | 93 140 | 102 707 | 72 993 | 72 157 | 72 513 |
| Income statement | |||||||||||||
| Sales revenue | 32 729 | 44 250 | 32 512 | 34 409 | 42 085 | 36 469 | 35 451 | 38 706 | 38 076 | 60 016 | 38 747 | 46 926 | 58 360 |
| Operating profit | 14 444 | 1444 | -16 080 | 37 823 | 25 605 | 18 146 | 12 838 | 23 824 | 9181 | 19 168 | -20 716 | 4847 | 11 481 |
| EBITDA | 28 745 | 22 684 | 5227 | 57 137 | 36 450 | 22 885 | 23 897 | 40 206 | 26 037 | 34 733 | -4908 | 18 320 | 23 446 |
| Profit before income tax | 14 374 | 1504 | -15 996 | 37 895 | 25 686 | 18 254 | 12 525 | 23 435 | 8993 | 19 191 | -20 614 | 5026 | 11 556 |
| Profit for the reporting year | 13 846 | 510 | -16 956 | 37 895 | 25 686 | 18 254 | 12 525 | 23 435 | 8993 | 19 191 | -20 614 | 5026 | 11 556 |
| Labour costs | 3018 | 5285 | 5343 | 6592 | 5640 | 6437 | 6437 | 8434 | 13 603 | 12 849 | 13 155 | 13 914 | 10 648 |
| Depreciation of non-current assets | 14 301 | 21 240 | 21 307 | 19 314 | 10 845 | 4739 | 11 059 | 16 382 | 16 856 | 15 565 | 15 808 | 13 473 | 11 965 |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 |
| Calculated dividend | 0 | 0 | 2631 | 20 471 | 17 080 | 10 303 | 7669 | 26 452 | 4044 | 9624 | 9100 | 5862 | 11 200 |
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: Varakļānu pagasta zemnieku saimniecība "BITES"
Overview
Varakļānu pagasta zemnieku saimniecība "BITES" (reg. no. 47101004476) is a farm. The company was registered in 1992 and has been in the register for 34 years. Registered address: Madonas nov., Varakļānu pag., "Bites 1".
Financial results
Revenue in 2025 was 58 360 €, up 24,4% on the previous year (46 926 €). From 2013 to 2025, revenue grew by an average of 4,9% per year. Net profit for 2025 was 11 556 € (19,8% of revenue). The company was profitable in 11 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 58 360 €. At the end of 2025, total assets were 75 272 € and equity 72 513 € (96,3% 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.