SIA "Līgatnes papīrs"Active

50103451091Limited liability companyFounded 2011

Key figures

550 396 €+49,6%
Revenue 2025
+38,7%
Average annual growth 2012–2025
0500 k1 m1,5 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets589494 31685 61633 24432 10627 07235 48630 15613 59762997214727439 60844 621
Total non-current assets7329545985 50090 28484 48478 68472 88466 92162 09669 00745 27437 84138 23334 945
Total assets13 22399 775171 116123 528116 590105 756108 37097 07775 69375 30652 48845 11577 84179 566
Balance sheet — liabilities and equity
Current liabilities12 77896 581162 820117 385112 459102 226105 78894 196129 226119 68190 69596 690100 31282 330
Non-current liabilities00000000000095 46066 302
Total liabilities12 77896 581162 820117 385112 459102 226105 78894 196129 226119 68190 69596 690195 772148 632
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year4447503751-2153-2012-600-948299-56 41491586167-13 368-54 14648 865
Total equity4453194829661434131353025822881-53 533-44 375-38 207-51 575-117 931-69 066
Income statement
Sales revenue7798194 8891 424 291327 865328 027325 365311 092334 858263 633323 620387 055356 098368 018550 396
Operating profit444-21710-1750-2014-614-947299-56 41410 1167365-13 199-49 93757 943
Profit before income tax4447503751-2153-2012-600-948299-56 41491586167-13 368-54 08648 950
Profit for the reporting year4447503751-2153-2012-600-948299-56 41491586167-13 368-54 14648 865
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees08251716161614131315161715
Calculated dividend—0000000000000

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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100%SIA "Līgatnes papīrs"Grind Fibers OU3Ozoliņa Vita4Tivčs Mārtiņš
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Summary: SIA "Līgatnes papīrs"

Overview

SIA "Līgatnes papīrs" (reg. no. 50103451091) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Brīvības gatve 401.

Financial results

Revenue in 2025 was 550 396 €, up 49,6% on the previous year (368 018 €). From 2012 to 2025, revenue grew by an average of 38,7% per year. Net profit for 2025 was 48 865 € (8,9% of revenue). The company was profitable in 7 of the 14 published years. In 2025 the company had 15 employees (17 a year earlier). Revenue per employee was 36 693 €.

Management and owners

The board has 2 members. The sole owner of the company is Grind Fibers OU.

Points to note

Equity was negative at the end of 2025 (-69 066 €).

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.