SIA "Avoti M"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 7510 € (2% 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 | 213 319 | 199 207 | 161 191 | 179 684 | 266 893 | 247 283 | 259 179 | 269 414 | 261 218 | 253 059 | 261 427 | 287 030 | 354 869 | 252 000 | 329 583 | 400 861 |
| Total non-current assets | 51 620 | 72 526 | 94 987 | 84 322 | 119 776 | 104 102 | 99 298 | 210 455 | 183 041 | 172 985 | 151 302 | 182 706 | 216 361 | 247 092 | 224 345 | 207 235 |
| Total assets | 264 939 | 271 733 | 256 178 | 264 006 | 386 669 | 351 385 | 358 477 | 479 869 | 444 259 | 426 044 | 412 729 | 469 736 | 571 230 | 499 092 | 553 928 | 608 096 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 21 340 | 24 129 | 21 657 | 24 075 | 27 901 | 41 294 | 5777 | 48 108 | 34 904 | 34 856 | 36 365 | 51 363 | 42 920 | 41 933 | 44 620 | 51 695 |
| Non-current liabilities | 14 372 | 16 091 | 9213 | 4059 | 2237 | 0 | 38 718 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 35 712 | 40 220 | 30 870 | 28 134 | 30 138 | 41 294 | 44 495 | 48 108 | 34 904 | 34 856 | 36 365 | 51 363 | 42 920 | 41 933 | 44 620 | 51 695 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -49 540 | 2286 | -6205 | 10 564 | 20 916 | -46 440 | 3891 | 6059 | -21 270 | -20 218 | -13 808 | 42 472 | 114 366 | -70 070 | 56 402 | 52 825 |
| Total equity | 229 227 | 231 513 | 225 308 | 235 872 | 356 531 | 310 091 | 313 982 | 431 761 | 403 578 | 383 360 | 363 601 | 406 073 | 513 671 | 440 699 | 493 201 | 538 516 |
| Income statement | ||||||||||||||||
| Sales revenue | 242 638 | 151 392 | 187 455 | 240 876 | 379 625 | 277 635 | 272 919 | 394 732 | 341 352 | 325 762 | 295 679 | 401 260 | 547 537 | 416 119 | 450 215 | 552 933 |
| Operating profit | -49 564 | 2223 | -6205 | 10 564 | 23 999 | -42 739 | 3891 | 6059 | -21 270 | -20 218 | -13 808 | 42 472 | 114 366 | -70 070 | 56 402 | 52 825 |
| Profit before income tax | -49 540 | 2286 | -6205 | 10 564 | 23 999 | -42 739 | 3891 | 6059 | -21 270 | -20 218 | -13 808 | 42 472 | 114 366 | -70 070 | 56 402 | 52 825 |
| Profit for the reporting year | -49 540 | 2286 | -6205 | 10 564 | 20 916 | -46 440 | 3891 | 6059 | -21 270 | -20 218 | -13 808 | 42 472 | 114 366 | -70 070 | 56 402 | 52 825 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 24 | 17 | 20 | 21 | 22 | 19 | 20 | 21 | 21 | 20 | 18 | 15 | 16 | 17 | 16 | 16 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6913 | 0 | 5951 | 0 | 6768 | 2902 | 3900 | 7510 |
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 "Avoti M"
Overview
SIA "Avoti M" (reg. no. 49003002062) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Talsu nov., Ķūļciema pag., Ķūļciems, "Pienotava".
Financial results
Revenue in 2025 was 552 933 €, up 22,8% on the previous year (450 215 €). From 2010 to 2025, revenue grew by an average of 5,6% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 52 825 € (9,6% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 16 employees. Revenue per employee was 34 558 €. At the end of 2025, total assets were 608 096 € and equity 538 516 € (88,6% of assets).
Management and owners
The board has 2 members. According to the register, the company has 15 owners. The largest stake (26%) is held by 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.