Sabiedrība ar ierobežotu atbildību "Citrus Solutions"Active

50003752271Limited liability companyFounded 2005

Key figures

117 354 453 €+1,0%

Revenue 2025

+13,0%

Average annual growth 2010–2025

Ratios

2025

10,4%

EBITDA margin

7,2%

Profit margin

29,7%

Equity ratio

1,5×

Current ratio

47,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

from the report

2025

Dividends paid 5 800 000 € (61% of equity at the end of the previous year).

History

20255 800 000 €

20240 €

20230 €

20222 803 417 €

20210 €

20200 €

201932 613 €

20180 €

201790 336 €

2016541 108 €

2015686 103 €

2014816 292 €

201373 703 €

2012176 141 €

2011295 018 €

2010619 623 €

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	4 547 262	5 532 237	5 780 540	7 949 646	8 801 952	16 146 594	10 288 349	11 600 051	16 265 078	16 637 510	10 899 967	24 963 448	40 229 585	47 729 523	54 315 653	57 498 696
Total non-current assets	907 946	650 755	482 468	887 124	839 019	892 300	1 227 131	842 885	885 821	2 136 489	2 147 074	2 024 377	6 004 540	6 012 810	976 665	3 008 763
Total assets	5 455 208	6 182 992	6 263 008	8 836 770	9 640 971	17 038 894	11 515 480	12 442 936	17 150 899	18 773 999	13 047 041	26 987 825	46 234 125	53 742 333	55 292 318	60 507 459
Balance sheet — liabilities and equity
Current liabilities	4 362 967	5 161 255	5 206 472	7 245 381	7 004 196	14 821 396	9 977 945	9 024 898	13 288 419	12 005 920	5 264 956	13 983 303	31 874 206	30 714 862	37 881 492	38 474 200
Non-current liabilities	0	0	7990	7240	0	0	13 032	0	1310	5320	0	170 097	0	0	0	910 494
Total liabilities	4 362 967	5 161 255	5 214 462	7 252 621	7 004 196	14 821 396	9 990 977	9 024 898	13 289 729	12 011 240	5 264 956	14 153 400	31 874 206	30 714 862	37 881 492	39 384 694
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	295 018	176 141	73 703	573 693	686 103	541 108	90 336	-487 453	528 219	1 453 308	1 030 885	3 653 133	8 317 769	5 367 504	-5 624 641	8 460 130
Total equity	1 047 721	928 844	826 406	1 326 396	1 757 103	1 599 172	1 161 335	3 083 546	3 611 765	6 532 460	7 563 345	12 834 425	14 089 622	22 657 126	9 523 521	17 983 650
Income statement
Sales revenue	18 734 246	14 844 384	15 187 403	15 698 924	23 693 430	25 023 566	28 166 160	20 219 379	30 444 716	30 997 114	23 684 475	52 037 099	57 923 211	66 666 516	116 237 306	117 354 453
Operating profit	416 018	259 487	97 532	715 833	864 997	560 285	203 019	85 575	560 966	1 494 508	1 070 807	4 795 681	5 226 347	5 756 653	-10 344 794	11 630 884
EBITDA	835 669	605 820	339 878	914 289	1 179 399	1 046 076	420 055	388 827	945 039	1 733 983	1 322 901	5 650 872	5 648 974	6 271 595	-9 387 602	12 196 528
Profit before income tax	352 023	234 225	92 975	707 187	863 978	592 424	149 420	33 534	531 821	1 453 308	1 048 526	4 794 589	9 026 831	5 406 137	-5 245 827	11 965 047
Profit for the reporting year	295 018	176 141	73 703	573 693	686 103	541 108	90 336	-487 453	528 219	1 453 308	1 030 885	3 653 133	8 317 769	5 367 504	-5 624 641	8 460 130
Labour costs	6 401 411	5 197 649	3 871 869	3 902 977	5 800 176	5 472 820	5 959 724	5 398 342	7 305 809	8 216 276	8 323 607	10 824 533	10 958 186	11 793 217	13 686 605	14 852 540
Depreciation of non-current assets	419 651	346 333	242 346	198 456	314 402	485 791	217 036	303 252	384 073	239 475	252 094	855 191	422 627	514 942	957 192	565 644
Other indicators
Employees	453	364	257	271	266	260	247	205	260	297	293	347	333	346	361	345
Calculated dividend	619 623	295 018	176 141	73 703	816 292	686 103	541 108	90 336	0	32 613	0	0	2 803 417	0	0	5 800 000

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 "Citrus Solutions"

Overview

Sabiedrība ar ierobežotu atbildību "Citrus Solutions" (reg. no. 50003752271) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Dzirnavu iela 105.

Financial results

Revenue in 2025 was 117 354 453 €, up 1,0% on the previous year (116 237 306 €). From 2010 to 2025, revenue grew by an average of 13,0% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 8 460 130 € (7,2% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 345 employees (361 a year earlier). Revenue per employee was 340 158 €. At the end of 2025, total assets were 60 507 459 € and equity 17 983 650 € (29,7% of assets).

Management and owners

The board has 2 members. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "Tet".

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. The LEI code (485100IM4XCQ1CYC7986) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.