SIA "Northcon Industries"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 228 838 | 591 990 | 471 204 |
| Total non-current assets | 255 790 | 235 177 | 208 916 |
| Total assets | 484 628 | 827 167 | 680 120 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 165 942 | 515 150 | 275 209 |
| Non-current liabilities | 300 000 | 337 589 | 367 589 |
| Total liabilities | 465 942 | 852 739 | 642 798 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 8686 | -44 258 | 27 224 |
| Total equity | 18 686 | -25 572 | 1652 |
| Income statement | |||
| Sales revenue | 145 386 | 1 736 466 | 780 583 |
| Operating profit | 8686 | -6669 | 57 224 |
| Profit before income tax | 8686 | -44 258 | 27 224 |
| Profit for the reporting year | 8686 | -44 258 | 27 224 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 1 | 1 | 14 |
| 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: SIA "Northcon Industries"
Overview
SIA "Northcon Industries" (reg. no. 50203489931) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Ogres nov., Lielvārde, Dravnieku iela 1A.
Financial results
Revenue in 2025 was 780 583 €, down 55,0% on the previous year (1 736 466 €). From 2023 to 2025, revenue grew by an average of 132% per year. Net profit for 2025 was 27 224 € (3,5% of revenue). The company was profitable in 2 of the 3 published years. In 2025 the company had 14 employees (1 a year earlier). Revenue per employee was 55 756 €. At the end of 2025, total assets were 680 120 € and equity 1652 € (0,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) is held by a private individual.
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.