SIA "ĀRES EG"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 91 024 | 175 425 | 197 222 | 245 928 | 188 419 | 155 271 | 51 441 | 13 834 | 19 026 | 17 476 | 14 241 | 18 608 | 15 259 |
| Total non-current assets | 31 734 | 45 689 | 41 975 | 40 385 | 43 570 | 53 962 | 46 765 | 40 127 | 39 136 | 38 409 | 37 682 | 37 076 | 37 076 |
| Total assets | 122 758 | 221 114 | 239 197 | 286 313 | 231 989 | 209 233 | 98 206 | 53 961 | 58 162 | 55 885 | 51 923 | 55 684 | 52 335 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 108 929 | 205 608 | 162 283 | 186 307 | 211 694 | 159 036 | 92 084 | 65 355 | 89 403 | 105 791 | 104 196 | 79 522 | 52 592 |
| Non-current liabilities | 0 | 1795 | 2654 | 0 | 110 000 | 110 000 | 73 257 | 23 932 | 8353 | 0 | 0 | 0 | 0 |
| Total liabilities | 108 929 | 207 403 | 164 937 | 186 307 | 321 694 | 269 036 | 165 341 | 89 287 | 97 756 | 105 791 | 104 196 | 79 522 | 52 592 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -42 484 | -20 566 | 42 678 | 79 801 | -8544 | 29 902 | -1944 | 31 809 | -4268 | -10 312 | -2367 | 28 435 | 23 581 |
| Total equity | 13 829 | 13 711 | 74 260 | 100 006 | -89 705 | -59 803 | -67 135 | -35 326 | -39 594 | -49 906 | -52 273 | -23 838 | -257 |
| Income statement | |||||||||||||
| Sales revenue | 222 647 | 385 886 | 419 302 | 328 243 | 336 634 | 359 530 | 91 866 | 65 831 | 58 361 | 54 559 | 48 386 | 78 569 | 66 446 |
| Operating profit | -42 484 | -20 566 | 42 678 | 87 299 | -8544 | 29 902 | -1944 | 31 809 | -4268 | -10 312 | -2367 | 28 435 | 23 581 |
| Profit before income tax | -42 484 | -20 566 | 42 678 | 87 299 | -8544 | 29 902 | -1944 | 31 809 | -4268 | -10 312 | -2367 | 28 435 | 23 581 |
| Profit for the reporting year | -42 484 | -20 566 | 42 678 | 79 801 | -8544 | 29 902 | -1944 | 31 809 | -4268 | -10 312 | -2367 | 28 435 | 23 581 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 5 | 3 | 3 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 54 055 | 0 | 0 | 0 | 0 | 0 | 0 | 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.
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Summary: SIA "ĀRES EG"
Overview
SIA "ĀRES EG" (reg. no. 48701010910) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Bauskas nov., Kurmenes pag., Kurmene, "Āres".
Financial results
Revenue in 2025 was 66 446 €, down 15,4% on the previous year (78 569 €). From 2013 to 2025, revenue declined by an average of 9,6% per year. Net profit for 2025 was 23 581 € (35,5% of revenue). The company was profitable in 6 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 33 223 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-257 €).
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.