Agapics — Reg. No. 40003138779

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Agapics SIA

AGAPICS

Rīga, Kārļa Ulmaņa gatve 2

Registration No.

40003138779

Status

Registered

Commercial Register

Registered on

1993-07-20

Legal form

Limited Liability Company

Equity capital

Paid-up equity 71 134 €

Registered payment 2016-01-26

VAT number

LV40003138779

VAT registered on 1995-05-01

Members

Company Members

Total: 1

Per page

ActiveCompany

PAPERITAIDE OY (FI)

Identifier: 1090209-1

Number of shares: 5081
Nominal value per share: 14,00 EUR
Share capital value: 71 134,00 EUR
100% of share capital
Personally liable: No

From: 2018-11-26
To: Not available
Registered on: 2018-12-03
Removed on: Not available

Officers

Company Officers

Total: 2

Per page

Laakso Ville Oskari (FI)

Chairperson of the Board

Identifier: 800043-82505

Active Executive Board

Rights of representation

Right to represent individually

Šīraks Gatis (LV)

Member of the Board

Identifier: 210170-12968

Active Executive Board

Rights of representation

Right to represent individually

Beneficial owners

Registered beneficial owners: 2

Rows per page

Veera Inkeri Laakso (FI)

Identification number: 800047-88409

Means of control: on grounds of the property right – PAPERITAIDE OY (1090209-1)

Active

Means of control

on grounds of the property right PAPERITAIDE OY (1090209-1)

Ville Oskari Laakso (FI)

Identification number: 800043-82505

Means of control: on grounds of the property right – PAPERITAIDE OY (1090209-1)

Active

Means of control

on grounds of the property right PAPERITAIDE OY (1090209-1)

Reason

Registered because of: Data changes

Financial key indicatorsLatest year: 2025

Overall financial risk (latest available year)

Moderate financial risk

LiquiditySolvencyProfitability

This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.

Turnover

979,690 EUR

Net result

116,403 EUR

Margin: 11.9%

Balance sheet size

631,270 EUR

Equity: 138,308 EUR (21.9%)

Liquidity (short-term payments)

Tight

Liquidity is acceptable but not very strong. Short-term cash-flow issues are possible if income falls or payments are delayed.

Current ratio: 1.8
Quick ratio: 1.3

Solvency (capital strength)

Moderate

Equity is relatively low compared to assets. The company relies notably on creditors and should be monitored.

Equity ratio: 21.9%
Debt-to-assets: 78.1%

Profitability & cash flow

Profitable

The company is generating a healthy profit relative to its turnover or assets.

Net margin: 11.9%
Return on assets (ROA): 18.4%
Operating cash flow: Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

Year	Turnover	Net margin	Equity ratio	Current ratio
2025	979,690	11.9%	21.9%	1.8
2024	897,281	4.5%	3.3%	1.4
2023	821,233	4.8%	-3.6%	0.9

Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.

Key metrics by year

Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.

Metric	2025	2024	2023	2022	2021
Turnover	979,690	897,281	821,233	709,370	618,418
Net result	116,403	40,719	39,446	73,883	-32,673
Net margin	11.9%	4.5%	4.8%	10.4%	-5.3%
Return on assets (ROA)	18.4%	6.0%	7.6%	15.4%	-5.9%
Equity ratio	21.9%	3.3%	-3.6%	-12.1%	-23.9%
Debt-to-assets	78.1%	96.7%	103.6%	112.1%	123.9%
Current ratio	1.8	1.4	0.9	0.9	0.8
Quick ratio	1.3	1.1	0.7	0.7	0.7
Operating cash flow	–	–	–	–	–

Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Year Started	2025-01-01	2024-01-01	2023-01-01	2022-01-01	2021-01-01	2020-01-01	2019-01-01	2018-01-01	2017-01-01	2016-01-01	2015-01-01	2014-01-01	2013-01-01	2012-01-01	2011-01-01
Year Ended	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31
Report date	2026-03-26	2025-04-07	2024-04-24	2023-04-27	2022-07-08	2021-06-07	2020-05-14	2019-04-03	2018-04-26	2017-04-27	2016-04-15	2015-04-16	2014-04-17	2013-05-04	—
Employees	6	6	6	6	7	9	9	9	9	10	12	12	12	12	11
Currency	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	LVL	LVL	LVL
Rounded To	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES
Source Schema	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPUIENv1	DokGPUIENv1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1
Source Type	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	—	—	—	—	—

Balance sheet

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash	12,409	34,588	9,498	37,890	23,763	773	1,645	20,903	1,903	1,857	11,786	3,101	15,090	2,710	3,616
Accounts Receivable	415,957	467,010	355,432	315,410	443,431	387,800	425,726	453,280	524,702	523,205	533,868	423,207	260,496	248,443	240,295
Inventory	180,540	152,093	130,612	122,985	72,889	95,485	110,713	128,284	171,045	132,193	115,929	73,193	46,673	57,462	60,879
Marketable Securities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Assets	608,906	653,691	495,542	476,285	540,083	484,058	538,084	602,467	697,650	657,255	661,583	499,501	322,259	308,615	304,790
Investments	0	0	0	0	0	0	0	0	0	711	0	0	0	0	0
Fixed Assets	22,364	19,832	25,537	3,569	12,985	21,055	27,213	37,987	19,480	18,813	24,672	5,209	4,695	3,727	7,889
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	209	157	1,016	2,511
Non-Current Assets	22,364	19,832	25,537	3,569	12,985	21,055	27,213	37,987	19,480	19,524	25,383	6,129	5,352	5,243	11,660
Total Assets	631,270	673,523	521,079	479,854	553,068	505,113	565,297	640,454	717,130	676,779	686,966	505,630	327,611	313,858	316,450
Current Liabilities	332,467	458,162	525,046	535,666	671,968	586,174	560,601	541,930	569,833	486,841	434,042	282,644	233,142	144,743	102,762
Non-Current Liabilities	160,495	193,456	14,847	2,462	13,257	18,423	26,238	25,684	12,992	13,321	19,133	2,675	153,389	152,008	155,436
Total Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity	138,308	21,905	-18,814	-58,274	-132,157	-99,484	-21,542	72,840	134,305	173,116	145,893	111,576	-103,465	-31,617	4,384
Total	631,270	673,523	521,079	479,854	553,068	505,113	565,297	640,454	717,130	676,779	686,966	505,630	327,611	313,858	316,450

Income statement

Per year

Label	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Net Turnover	979,690	897,281	821,233	709,370	618,418	567,609	640,993	706,268	692,368	651,503	626,780	489,392	312,232	297,239	315,225
Cost of Goods Sold	408,903	397,750	372,724	291,305	290,573	269,914	330,667	370,543	365,371	276,145	277,404	273,562	147,672	128,888	119,673
Gross Profit	570,787	499,531	448,509	418,065	327,845	297,695	310,326	335,725	326,997	375,358	349,376	215,830	164,560	168,351	195,552
Selling Expenses	333,780	358,150	324,618	262,508	264,620	281,956	303,406	298,790	284,228	251,448	235,642	258,491	171,328	142,740	169,361
Administrative Expenses	106,992	109,808	85,563	87,242	96,700	90,797	92,092	93,121	77,335	91,522	78,566	82,807	59,554	55,180	56,970
Inventory Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
LT Investment Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Revenues	856	14,575	4,785	10,946	4,834	292	453	348	1,725	583	6,493	852	1,130	931	40,085
Material Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Labour Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	10,653	1,299	823	2,391	3,344	2,327	3,370	4,077	5,271	4,674	4,096	18,733	6,481	7,756	10,399
Equity Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other LT Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Interest Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	566	0
Investment Fair Value Adj.	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expenses	3,670	4,130	2,844	2,987	556	850	6,293	1,550	699	1,074	600	249	175	173	416
Extra Revenues	0	0	0	0	0	0	0	0	0	0	0	428,647	0	0	0
Extra Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Income Taxes	116,548	40,719	39,446	73,883	-32,541	-77,943	-94,382	-61,465	-38,811	27,223	36,965	285,049	-71,848	-36,001	-1,509
Provision For Income Taxes	145	0	0	0	132	0	0	0	0	0	2,648	26,256	0	0	0
Income After Income Taxes	116,403	40,719	39,446	73,883	-32,673	-77,943	-94,382	-61,465	-38,811	27,223	0	0	0	0	0
Other Taxes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	116,403	40,719	39,446	73,883	-32,673	-77,943	-94,382	-61,465	-38,811	27,223	34,317	258,793	-71,848	-36,001	-1,509

Cash flow statement

Per year

Label	2018	2017	2016	2015	2014	2013	2012	2011
Received from Customers	0	0	0	0	0	0	0	0
Paid to Suppliers/Employees	0	0	0	0	0	0	0	0
Income Before Taxes	-61,465	-38,811	27,223	36,965	-143,598	-71,848	-36,001	-1,509
Income Before WC Changes	0	0	0	0	0	0	0	0
Other Cash Rec./Paid	0	0	0	0	0	0	0	0
Operating Cash Flow	-129,498	-33,373	-8,191	24,141	-15,658	13,991	8,924	20,174
Interest Paid	-1,550	-699	-1,738	-600	-249	-175	0	416
Taxes Paid	0	0	0	0	0	0	0	0
Extra Items Cash Flow	0	0	0	0	0	0	0	0
Net Operating Cash Flow	-131,048	-34,072	-9,929	5,443	-15,907	13,816	8,924	19,758
Stocks Acquisition	0	0	0	0	0	0	0	0
Stocks Sale Proceeds	0	0	0	0	0	0	0	0
Fixed/intang. Assets Acquisition	0	-159	0	0	766	0	0	5,020
Fixed/intang. Assets Sale Proceeds	0	6,198	0	7,877	0	495	351	4,547
Loans Made	0	0	0	0	0	0	0	0
Loan Repayments Received	0	0	0	0	0	0	0	0
Interest Received	0	0	0	0	0	0	0	0
Dividends Received	0	0	0	0	0	0	0	0
Net Investing Cash Flow	0	0	0	0	-766	495	351	-473
Stocks/Bonds Issuance Proceeds	0	0	0	0	0	0	0	0
Loans Received	152,000	30,000	0	0	0	0	0	0
Subsidies/Grants/Contrib. Received	0	0	0	0	0	0	0	0
Loan Repayments Made	0	0	0	0	0	0	-7,731	14,758
Lease Obligations Repayments	-1,952	-1,921	0	-4,635	-1,697	-1,931	-2,450	7,934
Dividends Paid	0	0	0	0	0	0	0	0
Net Financing Cash Flow	0	0	0	-4,635	-1,697	-1,931	-10,181	-22,692
Effect of Exchange Rate Change	0	0	0	0	0	0	0	0
Net Increase	19,000	46	-9,929	8,685	-18,370	12,380	-906	-3,407
At Beginning of Year	1,903	1,857	11,786	3,101	21,471	2,710	3,616	7,023
At End of Year	20,903	1,903	1,857	11,786	3,101	15,090	2,710	3,616

Agapics SIA

Company Members

Company Officers

Beneficial owners

Financial key indicatorsLatest year: 2025

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Balance sheet

Income statement

Cash flow statement