SIA "GL Pharma Riga"Active

50003715171Limited liability companyFounded 2004

Key figures

3 205 092 €+15,5%

Revenue 2025

+8,4%

Average annual growth 2011–2025

Ratios

2025

1,8%

Profit margin

64,2%

Equity ratio

2,7×

Current ratio

10,1%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

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	233 552	408 045	290 255	270 762	492 987	318 721	370 705	355 895	479 929	440 092	603 587	731 195	813 771	897 583	867 420
Total non-current assets	4139	6940	5238	10 456	9202	9379	7624	6569	6408	7381	7812	11 177	8825	32 849	22 456
Total assets	237 691	414 985	295 493	281 218	502 189	328 100	378 329	362 464	486 337	447 473	611 399	742 372	822 596	930 432	889 876
Balance sheet — liabilities and equity
Current liabilities	126 798	310 290	72 315	86 151	277 640	105 967	152 404	111 850	196 252	120 037	242 719	330 555	360 226	416 936	318 678
Non-current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	126 798	310 290	72 315	86 151	277 640	105 967	152 404	111 850	196 252	120 037	242 719	330 555	360 226	416 936	318 678
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	4266	-21 699	121 288	-125 066	28 401	15 045	3792	24 689	39 471	37 351	41 244	43 137	50 553	51 126	57 702
Total equity	101 515	92 191	213 479	178 687	207 088	222 133	225 925	250 614	290 085	327 436	368 680	411 817	462 370	513 496	571 198
Income statement
Sales revenue	1 031 877	1 122 499	1 267 807	1 506 507	1 738 196	1 751 132	1 746 457	1 718 118	1 915 644	1 901 381	1 908 277	2 172 941	2 537 955	2 774 347	3 205 092
Operating profit	12 307	-21 699	139 084	-125 066	34 082	15 045	10 490	29 144	44 164	41 334	47 013	51 671	64 164	62 961	74 374
Profit before income tax	12 307	-21 699	139 084	-125 066	34 082	15 045	10 490	29 144	44 164	41 334	47 013	51 671	64 164	62 961	74 374
Profit for the reporting year	4266	-21 699	121 288	-125 066	28 401	15 045	3792	24 689	39 471	37 351	41 244	43 137	50 553	51 126	57 702
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	11	11	11	11	11	9	9	9	10	10	10	10	10	9	9
Calculated dividend	0	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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Summary: SIA "GL Pharma Riga"

Overview

SIA "GL Pharma Riga" (reg. no. 50003715171) is a limited liability company. The company was registered in 2004 and has been in the register for 21 years. Registered address: Rīga, Daugavgrīvas iela 28.

Financial results

Revenue in 2025 was 3 205 092 €, up 15,5% on the previous year (2 774 347 €). From 2011 to 2025, revenue grew by an average of 8,4% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 57 702 € (1,8% of revenue). The company was profitable in 13 of the 15 published years. In 2025 the company had 9 employees. Revenue per employee was 356 121 €. At the end of 2025, total assets were 889 876 € and equity 571 198 € (64,2% of assets).

Management and owners

The company has one board member. The sole owner of the company is G.L. Pharma GmbH.

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.