Sabiedrība ar ierobežotu atbildību "ARMGATE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 100 000 € (3% 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 statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 1 156 666 | 854 310 | 1 210 033 | 2 400 981 | 2 785 895 | 1 132 641 | 1 571 533 | 3 051 389 | 2 147 069 | 1 683 846 | 2 433 494 | 2 366 327 | 2 754 052 | 4 259 012 | 5 321 092 |
| Total non-current assets | 184 339 | 207 809 | 161 104 | 218 890 | 267 062 | 292 861 | 479 888 | 346 803 | 346 573 | 280 191 | 228 050 | 442 946 | 307 265 | 356 039 | 271 918 |
| Total assets | 1 341 005 | 1 062 119 | 1 371 137 | 2 619 871 | 3 052 957 | 1 425 502 | 2 051 421 | 3 398 192 | 2 493 642 | 1 964 037 | 2 661 544 | 2 809 273 | 3 061 317 | 4 615 051 | 5 593 010 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 456 473 | 460 634 | 428 435 | 970 248 | 652 519 | 229 834 | 607 873 | 704 611 | 438 853 | 813 735 | 701 082 | 1 019 081 | 703 643 | 1 686 344 | 1 282 716 |
| Non-current liabilities | 60 117 | 3892 | 5483 | 8866 | 1973 | 9090 | 0 | 0 | 651 476 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 516 590 | 464 526 | 433 918 | 979 114 | 654 492 | 238 924 | 607 873 | 704 611 | 1 090 329 | 813 735 | 701 082 | 1 019 081 | 703 643 | 1 686 344 | 1 282 716 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 634 454 | 409 602 | 330 478 | 450 620 | 959 017 | 537 485 | 263 970 | 1 244 067 | 147 330 | 255 512 | 806 586 | 329 730 | 567 482 | 1 001 033 | 1 481 587 |
| Total equity | 814 211 | 589 359 | 919 837 | 1 609 430 | 2 362 892 | 1 178 155 | 1 442 125 | 2 682 158 | 1 381 890 | 1 118 879 | 1 925 465 | 1 755 195 | 2 322 677 | 2 893 710 | 4 275 297 |
| Income statement | |||||||||||||||
| Sales revenue | 4 505 423 | 3 208 956 | 2 772 691 | 4 509 020 | 6 022 099 | 3 056 861 | 4 111 474 | 7 428 881 | 4 141 249 | 5 180 955 | 3 765 577 | 3 621 886 | 6 541 603 | 7 956 769 | 9 407 080 |
| Operating profit | 741 942 | 357 407 | 265 538 | 536 513 | 1 124 643 | 626 185 | 293 430 | 1 250 008 | 167 631 | 391 693 | 807 605 | 451 555 | 557 270 | 1 060 836 | 1 481 499 |
| Profit before income tax | 738 862 | 460 528 | 363 272 | 536 249 | 1 124 404 | 632 388 | 297 591 | 1 247 787 | 165 677 | 389 402 | 807 086 | 454 730 | 567 482 | 1 108 570 | 1 506 587 |
| Profit for the reporting year | 634 454 | 409 602 | 330 478 | 450 620 | 959 017 | 537 485 | 263 970 | 1 244 067 | 147 330 | 255 512 | 806 586 | 329 730 | 567 482 | 1 001 033 | 1 481 587 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 9 | 10 | 11 | 14 | 14 | 12 | 15 | 15 | 18 | 20 | 20 | 17 | 20 | 20 | 22 |
| Calculated dividend | 0 | 565 711 | 5298 | 128 000 | 185 000 | 1 550 000 | 0 | 4034 | 1 447 598 | 518 523 | 0 | 500 000 | 0 | 430 000 | 100 000 |
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: Sabiedrība ar ierobežotu atbildību "ARMGATE"
Overview
Sabiedrība ar ierobežotu atbildību "ARMGATE" (reg. no. 50003208531) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Mārupes nov., Mārupe, Liliju iela 20.
Financial results
Revenue in 2025 was 9 407 080 €, up 18,2% on the previous year (7 956 769 €). From 2011 to 2025, revenue grew by an average of 5,4% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 1 481 587 € (15,7% of revenue). The company was profitable in all 15 published years. In 2025 the company had 22 employees (20 a year earlier). Revenue per employee was 427 595 €. At the end of 2025, total assets were 5 593 010 € and equity 4 275 297 € (76,4% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (52,5%) is held by a private individual. The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.