Novads OÜRegistered
Annual reports for 2024, 2025 not filed.
Key figures
845 233 €+3,7%
Revenue 2023
−8,7%
Average annual change 2019–2023
Ratios
2023−22,1%
Profit margin
98,4%
Equity ratio
18×
Current ratio
−54,2%
Return on equity
1494 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | — | 1 | 2258 € |
| Q1 2026 | — | 1 | 5064 € |
| Q4 2025 | — | 1 | 7600 € |
| Q3 2025 | — | 2 | 5066 € |
| Q2 2025 | 0 € | 2 | 7600 € |
| Q1 2025 | 0 € | 2 | 7455 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2023
No dividends were distributed.
Equity decreased by 2500 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
History
dividend other equity decrease
20230 €+2500 € other
20220 €
20210 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 1 678 925 | 1 840 349 | 930 859 | 286 933 | 101 022 |
| Total non-current assets | — | — | 112 000 | 250 000 | 250 000 |
| Total assets | 1 678 925 | 1 840 349 | 1 042 859 | 536 933 | 351 022 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 92 014 | 102 369 | 1785 | 1956 | 5641 |
| Non-current liabilities | — | — | — | — | — |
| Total liabilities | 92 014 | 102 369 | 1785 | 1956 | 5641 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 687 805 | 1 586 911 | 1 735 480 | 1 038 574 | 532 477 |
| Profit for the year | 896 606 | 148 569 | −696 906 | −506 097 | −187 096 |
| Reserves and other equity | — | — | — | — | −2500 |
| Total equity | 1 586 911 | 1 737 980 | 1 041 074 | 534 977 | 345 381 |
| Income statement | |||||
| Sales revenue | 1 217 314 | 1 285 230 | 915 683 | 815 312 | 845 233 |
| Operating profit | 896 606 | 148 569 | −696 906 | −506 097 | −187 096 |
| Profit before income tax | 896 606 | 148 569 | −696 906 | −506 097 | −187 096 |
| Profit for the reporting year | 896 606 | 148 569 | −696 906 | −506 097 | −187 096 |
| Labour costs | 224 728 | 349 670 | 256 647 | 94 623 | 67 663 |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 10 | 8 | 5 | 2 | 2 |
| Calculated dividend | — | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Retail sale via mail order or internet