LETTSKOGOLEN SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 60 000 € (4% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 25 279 | 56 788 | 23 048 | 210 625 | 73 401 | 36 452 | 64 403 | 193 425 | 134 392 | 211 657 | 65 540 | 92 539 | 112 457 |
| Total non-current assets | 190 460 | 302 013 | 445 584 | 485 817 | 1 465 519 | 1 838 398 | 1 939 520 | 1 931 446 | 1 915 807 | 2 497 550 | 2 728 534 | 3 444 051 | 3 743 967 |
| Total assets | 215 739 | 358 801 | 468 632 | 696 442 | 1 538 920 | 1 874 850 | 2 003 923 | 2 124 871 | 2 050 199 | 2 709 207 | 2 794 074 | 3 536 590 | 3 856 424 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 10 202 | 8975 | 9602 | 414 411 | 671 553 | 675 535 | 12 421 | 12 569 | 952 826 | 38 039 | 99 427 | 36 797 | 25 664 |
| Non-current liabilities | 183 676 | 295 416 | 412 053 | 245 000 | 854 862 | 840 362 | 1 666 740 | 1 677 940 | 679 578 | 1 979 578 | 1 000 000 | 1 930 000 | 2 310 000 |
| Total liabilities | 193 878 | 304 391 | 421 655 | 659 411 | 1 526 415 | 1 515 897 | 1 679 161 | 1 690 509 | 1 632 404 | 2 017 617 | 1 099 427 | 1 966 797 | 2 335 664 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 24 386 | 23 305 | -7434 | -9945 | -24 526 | 346 447 | -34 191 | 109 646 | 10 279 | 273 795 | 1 003 057 | -65 923 | 10 967 |
| Total equity | 21 861 | 54 410 | 46 977 | 37 031 | 12 505 | 358 953 | 324 762 | 434 362 | 417 795 | 691 590 | 1 694 647 | 1 569 793 | 1 520 760 |
| Income statement | |||||||||||||
| Sales revenue | 43 077 | 60 772 | 756 | 885 | 26 833 | 427 324 | 42 025 | 214 545 | 97 345 | 494 645 | 345 901 | 276 033 | 329 138 |
| Operating profit | 27 333 | 28 243 | -6562 | -9895 | -5353 | 371 721 | -14 573 | 130 263 | 25 877 | 320 445 | 1 055 582 | 39 192 | 111 612 |
| Profit before income tax | 28 191 | 28 032 | -6711 | -9895 | -24 526 | 347 184 | -34 191 | 109 646 | 10 279 | 273 795 | 1 003 057 | -53 605 | 25 967 |
| Profit for the reporting year | 24 386 | 23 305 | -7434 | -9945 | -24 526 | 346 447 | -34 191 | 109 646 | 10 279 | 273 795 | 1 003 057 | -65 923 | 10 967 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 846 | 0 | 0 | 58 931 | 60 000 |
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: LETTSKOGOLEN SIA
Overview
LETTSKOGOLEN SIA (reg. no. 50103366541) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Kuldīgas nov., Kurmāles pag., Priedaine, "Brāļi".
Financial results
Revenue in 2025 was 329 138 €, up 19,2% on the previous year (276 033 €). From 2013 to 2025, revenue grew by an average of 18,5% per year. Net profit for 2025 was 10 967 € (3,3% of revenue). The company was profitable in 8 of the 13 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 329 138 €. At the end of 2025, total assets were 3 856 424 € and equity 1 520 760 € (39,4% of assets).
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (34%) 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.