SIA "ELGAARD AGRO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 59 500 € (4% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 12 183 | 7979 | 9265 | 37 172 | 206 463 | 218 609 | 202 956 | 389 548 | 342 360 | 387 547 | 667 577 | 842 692 | 1 266 117 | 1 285 682 | 837 841 | 703 668 |
| Total non-current assets | 0 | 0 | 171 962 | 497 425 | 728 543 | 855 988 | 957 577 | 1 624 306 | 1 565 680 | 1 927 101 | 1 849 200 | 1 810 781 | 1 778 726 | 1 734 196 | 1 738 057 | 3 053 655 |
| Total assets | 12 183 | 7979 | 181 227 | 534 597 | 935 006 | 1 074 597 | 1 160 533 | 2 013 854 | 1 908 040 | 2 314 648 | 2 516 777 | 2 653 473 | 3 044 843 | 3 019 878 | 2 575 898 | 3 757 323 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 0 | 1143 | 1305 | 7636 | 7709 | 49 922 | 61 199 | 199 831 | 118 375 | 131 450 | 182 019 | 129 522 | 164 496 | 328 778 | 44 665 | 240 226 |
| Non-current liabilities | 2521 | 0 | 170 664 | 496 616 | 878 923 | 901 095 | 918 331 | 1 505 782 | 1 374 615 | 1 949 124 | 1 864 101 | 1 809 770 | 1 736 656 | 1 459 918 | 1 172 978 | 2 155 415 |
| Total liabilities | 2521 | 1143 | 171 969 | 504 252 | 886 632 | 951 017 | 979 530 | 1 705 613 | 1 492 990 | 2 080 574 | 2 046 120 | 1 939 292 | 1 901 152 | 1 788 696 | 1 217 643 | 2 395 641 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 7662 | -2938 | 2400 | 20 889 | 3802 | 73 962 | 60 537 | 127 238 | 106 809 | 170 983 | 286 803 | 285 524 | 464 410 | 115 391 | 160 573 | 62 927 |
| Total equity | 9662 | 6724 | 9124 | 30 013 | 46 507 | 120 470 | 181 003 | 308 241 | 415 050 | 234 074 | 470 657 | 714 181 | 1 143 691 | 1 231 182 | 1 358 255 | 1 361 682 |
| Income statement | ||||||||||||||||
| Sales revenue | 18 360 | 5875 | 13 800 | 41 107 | 157 524 | 203 310 | 258 502 | 155 019 | 323 054 | 362 152 | 545 855 | 570 761 | 716 546 | 480 172 | 551 933 | 486 553 |
| Operating profit | 9065 | -2815 | 2661 | 29 066 | 23 016 | 104 458 | 80 088 | 154 603 | 120 810 | 189 069 | 308 903 | 310 148 | 487 035 | 152 673 | 188 252 | 94 995 |
| Profit before income tax | 9014 | -2938 | 2400 | 24 206 | 7492 | 85 840 | 61 583 | 127 238 | 106 809 | 170 983 | 286 803 | 285 524 | 464 410 | 115 391 | 160 573 | 62 927 |
| Profit for the reporting year | 7662 | -2938 | 2400 | 20 889 | 3802 | 73 962 | 60 537 | 127 238 | 106 809 | 170 983 | 286 803 | 285 524 | 464 410 | 115 391 | 160 573 | 62 927 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 351 959 | 50 220 | 42 000 | 34 900 | 27 900 | 33 500 | 59 500 |
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: SIA "ELGAARD AGRO"
Overview
SIA "ELGAARD AGRO" (reg. no. 48503016099) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Dobeles nov., Vītiņu pag., "Tenīši".
Financial results
Revenue in 2025 was 486 553 €, down 11,8% on the previous year (551 933 €). From 2010 to 2025, revenue grew by an average of 24,4% per year. Net profit for 2025 was 62 927 € (12,9% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 5 employees (2 a year earlier). Revenue per employee was 97 311 €. At the end of 2025, total assets were 3 757 323 € and equity 1 361 682 € (36,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.