Valmieras rajona Vaidavas pagasta zemnieku saimniecība "ELZES"Active

54101005921FarmFounded 1992

Key figures

43 724 €+12,9%

Revenue 2025

+17,3%

Average annual growth 2011–2025

Ratios

2025

-5,2%

EBITDA margin

-29,2%

Profit margin

29,5%

Equity ratio

0,6×

Current ratio

-41,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

2023 ~2442 €

2022 ~13 483 €

2021 ~2587 €

2020 ~19 371 €

20190 €

2018 ~2367 €

2017 ~8783 €

2016 ~5835 €

2015 ~7992 €

20140 €

2013 ~6992 €

2012 ~7423 €

Summary of financial statements2011–2025

	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	17 445	23 333	19 913	26 233	36 995	29 603	36 435	84 499	44 401	39 615	52 719	62 020	26 999	45 907	33 311
Total non-current assets	30 162	36 400	32 822	55 768	97 564	117 487	119 536	108 239	90 687	57 790	61 354	50 570	41 833	35 140	72 015
Total assets	47 607	59 733	52 735	82 001	134 559	147 090	155 971	192 738	135 088	97 405	114 073	112 590	68 832	81 047	105 326
Balance sheet — liabilities and equity
Current liabilities	1989	635	605	3968	31 041	41 547	42 338	91 225	45 769	8965	43 617	28 539	23 304	37 232	51 742
Non-current liabilities	0	0	0	0	17 815	38 187	72 292	55 671	38 150	27 041	0	0	0	0	22 520
Total liabilities	1989	635	605	3968	48 856	79 734	114 630	146 896	83 919	36 006	43 617	28 539	23 304	37 232	74 262
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	13 029	20 903	24	13 365	15 662	-12 512	-17 232	6868	5136	29 601	11 644	27 078	-36 081	-1694	-12 751
Total equity	45 618	59 098	52 130	78 033	85 703	67 356	41 341	45 842	51 169	61 399	70 456	84 051	45 528	43 815	31 064
Income statement
Sales revenue	4693	21 875	8446	29 070	54 008	52 957	65 762	82 201	57 295	61 229	46 117	85 895	22 538	38 737	43 724
Operating profit	14 087	21 366	233	13 712	17 211	-8527	-13 413	10 830	8744	31 583	11 756	28 784	-36 242	1165	-7112
EBITDA	18 356	25 564	5654	22 561	28 072	6918	3892	29 680	26 296	44 230	23 250	39 568	-27 505	7858	-2282
Profit before income tax	14 088	21 099	233	13 712	16 136	-12 512	-17 232	6868	5136	29 601	11 644	27 078	-36 031	-1644	-12 701
Profit for the reporting year	13 029	20 903	24	13 365	15 662	-12 512	-17 232	6868	5136	29 601	11 644	27 078	-36 081	-1694	-12 751
Labour costs	189	779	64	596	661	1011	1684	415	320	472	4081	442	0	0	0
Depreciation of non-current assets	4269	4198	5421	8849	10 861	15 445	17 305	18 850	17 552	12 647	11 494	10 784	8737	6693	4830
Other indicators
Employees	0	0	0	0	0	1	1	0	0	0	0	0	0	0	0
Calculated dividend	—	7423	6992	0	7992	5835	8783	2367	0	19 371	2587	13 483	2442	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: Valmieras rajona Vaidavas pagasta zemnieku saimniecība "ELZES"

Overview

Valmieras rajona Vaidavas pagasta zemnieku saimniecība "ELZES" (reg. no. 54101005921) is a farm. The company was registered in 1992 and has been in the register for 34 years. Registered address: Valmieras nov., Vaidavas pag., "Elzes".

Financial results

Revenue in 2025 was 43 724 €, up 12,9% on the previous year (38 737 €). From 2011 to 2025, revenue grew by an average of 17,3% per year. 2025 ended with a loss of 12 751 €. The company was profitable in 10 of the 15 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 105 326 € and equity 31 064 € (29,5% of assets).

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.