SIA "Kalvas"Active

49003002594Limited liability companyFounded 1993

Key figures

446 494 €-5,2%

Revenue 2025

+26,9%

Average annual growth 2009–2025

Ratios

2025

1,0%

EBITDA margin

0,6%

Profit margin

29,4%

Equity ratio

1,0×

Current ratio

4,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2009–2025

	2009	2010	2011	2012	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	1549	2214	1633	14 493	86 142	53 336	17 118	20 946	40 288	53 579	55 721	39 608	90 375	56 487	80 401	51 434
Total non-current assets	19 274	11 713	6168	2899	18 609	14 383	10 265	16 154	18 102	54 593	49 494	133 759	133 898	119 343	128 893	160 946
Total assets	20 823	13 927	7801	17 392	104 751	67 719	27 383	37 100	58 390	108 172	105 215	173 367	224 273	175 830	209 294	212 380
Balance sheet — liabilities and equity
Current liabilities	12 942	5721	16 753	6156	8199	5272	23 552	57 132	47 181	76 492	47 936	36 500	104 102	55 452	46 232	52 183
Non-current liabilities	5265	4702	1262	0	46 233	8039	11 467	8927	8839	15 850	35 084	113 968	96 996	84 184	103 039	97 684
Total liabilities	18 207	10 423	18 015	6156	54 432	13 311	35 019	66 059	56 020	92 342	83 020	150 468	201 098	139 636	149 271	149 867
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-15 399	888	-13 717	21 450	23 388	4089	-62 044	-21 323	31 329	13 460	6365	704	276	13 019	23 829	2490
Total equity	2616	3504	-10 214	11 236	50 319	54 408	-7636	-28 959	2370	15 830	22 195	22 899	23 175	36 194	60 023	62 513
Income statement
Sales revenue	12 584	33 443	56 557	212 880	255 689	241 207	55 226	208 746	256 711	222 852	372 262	881 175	499 017	416 663	471 071	446 494
Operating profit	-14 325	1876	-13 426	25 633	28 595	5358	-60 039	-19 509	32 579	-4653	7343	13 322	1236	16 326	26 183	4299
EBITDA	-14 325	1876	-13 426	25 633	28 595	5358	-60 039	-19 509	32 579	-4653	7343	13 322	1236	16 326	26 183	4299
Profit before income tax	-15 399	888	-13 717	21 450	24 678	4089	-62 044	-21 323	31 329	13 460	6365	704	276	13 019	23 829	2490
Profit for the reporting year	-15 399	888	-13 717	21 450	23 388	4089	-62 044	-21 323	31 329	13 460	6365	704	276	13 019	23 829	2490
Labour costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation of non-current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other indicators
Employees	4	4	4	8	9	9	10	10	10	10	16	16	16	19	19	18
Calculated dividend	—	0	0	0	—	0	0	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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Related companies

Same registered address

Zemnieku saimniecība "PODZIŅAS"

Summary: SIA "Kalvas"

Overview

SIA "Kalvas" (reg. no. 49003002594) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Talsu nov., Rojas pag., Rude, "Turaidas".

Financial results

Revenue in 2025 was 446 494 €, down 5,2% on the previous year (471 071 €). From 2009 to 2025, revenue grew by an average of 26,9% per year. Net profit for 2025 was 2490 € (0,6% of revenue). The company was profitable in 12 of the 16 published years. In 2025 the company had 18 employees (19 a year earlier). Revenue per employee was 24 805 €. At the end of 2025, total assets were 212 380 € and equity 62 513 € (29,4% 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.