Saules Energy SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 369 924 | 319 065 | 358 651 |
| Total non-current assets | 10 783 | 7973 | 11 273 171 |
| Total assets | 380 707 | 327 038 | 11 631 822 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 33 849 | 90 237 | 103 956 |
| Non-current liabilities | 324 518 | 200 650 | 6 311 624 |
| Total liabilities | 358 367 | 290 887 | 6 415 580 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 12 340 | 13 811 | -59 498 |
| Total equity | 22 340 | 36 151 | 5 216 242 |
| Income statement | |||
| Sales revenue | 716 158 | 332 452 | 341 366 |
| Operating profit | 37 431 | 28 221 | 20 965 |
| Profit before income tax | 12 407 | 13 811 | -59 498 |
| Profit for the reporting year | 12 340 | 13 811 | -59 498 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 2 | 3 | 3 |
| Calculated dividend | — | 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: Saules Energy SIA
Overview
Saules Energy SIA (reg. no. 50203458791) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Rīga, Roberta Hirša iela 1.
Financial results
Revenue in 2025 was 341 366 €, up 2,7% on the previous year (332 452 €). From 2023 to 2025, revenue declined by an average of 31,0% per year. 2025 ended with a loss of 59 498 €. The company was profitable in 2 of the 3 published years. In 2025 the company had 3 employees. Revenue per employee was 113 789 €. At the end of 2025, total assets were 11 631 822 € and equity 5 216 242 € (44,8% of assets).
Management and owners
The company has one board member. According to the register, the company has 4 owners. The largest stake (75%) is held by KS Merito Sustainable Energy FUND I AIF. The company holds stakes in 9 active Latvian companies.
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.