Sabiedrība ar ierobežotu atbildību "VECPĀPANI"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 10 658 | 4963 | 8137 | 6413 | 6821 | 6350 | 6735 | 3487 | 3221 | 5057 | 6603 | 10 074 | 14 155 |
| Total non-current assets | 3263 | 19 221 | 11 381 | 10 964 | 10 842 | 10 757 | 10 207 | 2265 | 2143 | 2047 | 8847 | 8725 | 8603 |
| Total assets | 13 921 | 24 184 | 19 518 | 17 377 | 17 663 | 17 107 | 16 942 | 5752 | 5364 | 7104 | 15 450 | 18 799 | 22 758 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 346 | 1436 | 1519 | 909 | 1082 | 922 | 917 | 267 | 149 | 207 | 154 | 258 | 50 |
| Non-current liabilities | 17 469 | 24 856 | 19 956 | 13 956 | 13 956 | 11 955 | 10 956 | 5550 | 4294 | 4294 | 0 | 0 | 0 |
| Total liabilities | 17 815 | 26 292 | 21 475 | 14 865 | 15 038 | 12 877 | 11 873 | 5817 | 4443 | 4501 | 154 | 258 | 50 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1101 | 3432 | 151 | 4469 | 113 | 1605 | 839 | -5134 | 986 | 1682 | 12 693 | 3245 | 4167 |
| Total equity | -3894 | -2108 | -1957 | 2512 | 2625 | 4230 | 5069 | -65 | 921 | 2603 | 15 296 | 18 541 | 22 708 |
| Income statement | |||||||||||||
| Sales revenue | 16 398 | 20 468 | 7899 | 10 095 | 9965 | 8875 | 12 264 | 7911 | 5771 | 9983 | 9462 | 7161 | 13 333 |
| Operating profit | -1101 | 3432 | 151 | 4469 | 113 | 1605 | 839 | -5134 | 986 | 1732 | 12 743 | 3245 | 4167 |
| EBITDA | -436 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -1101 | 3432 | 151 | 4469 | 113 | 1605 | 839 | -5134 | 986 | 1732 | 12 743 | 3245 | 4167 |
| Profit for the reporting year | -1101 | 3432 | 151 | 4469 | 113 | 1605 | 839 | -5134 | 986 | 1682 | 12 693 | 3245 | 4167 |
| Labour costs | 2218 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 665 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 3 | 1 | 1 | 1 | 2 | 2 | 0 | 0 | 1 | 0 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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: Sabiedrība ar ierobežotu atbildību "VECPĀPANI"
Overview
Sabiedrība ar ierobežotu atbildību "VECPĀPANI" (reg. no. 54103031191) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Gulbenes nov., Rankas pag., "Vecpāpani".
Financial results
Revenue in 2025 was 13 333 €, up 86,2% on the previous year (7161 €). From 2013 to 2025, revenue declined by an average of 1,7% per year. Net profit for 2025 was 4167 € (31,3% of revenue). The company was profitable in 11 of the 13 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 13 333 €. At the end of 2025, total assets were 22 758 € and equity 22 708 € (99,8% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.