In 2025, SIA "GROUND WATER" had revenue of 533.4 thousand EUR and profit of 58.2 thousand EUR. The company has 8 employees. Beneficial owners: Aivars Freimanis.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 533,4k € +66.3% | 320,6k € +18.3% | 271k € +1.1% |
Profit | 58,2k € -59.2% | 142,6k € +2448.9% | -6,1k € +26.0% |
Assets | 264k € +223.6% | 81,6k € -2.2% | 83,4k € +85.4% |
Liabilities | 160,1k € +346.5% | 35,9k € -80.1% | 180,3k € +32.8% |
Equity | 103,9k € +127.3% | 45,7k € +147.2% | -96,9k € -6.7% |
Employees | 9 +50.0% | 6 -25.0% | 8 -11.1% |
Overall rating | A+94/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 100/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board chairman | Independently |
SIA "GROUND WATER" is located at Kuldīgas nov., Ēdoles pag., Ēdole, "Katli", LV-3310.
In 2025, SIA "GROUND WATER" had revenue of 533 376 EUR and profit of 58 189 EUR. Compared to previous year, revenue increased by 66.3%. View full financial report →
In 2024, SIA "GROUND WATER" had an average of 8 employees. View tax history →
The beneficial owners of SIA "GROUND WATER" are Aivars Freimanis. View ownership details →
Yes, SIA "GROUND WATER" is registered as an active VAT payer with VAT number LV43603054335.
In 2024, the average gross salary at SIA "GROUND WATER" was approximately 681,10 € per month (net ~ 584,19 €). This is an approximate calculation. View salary details →
SIA "GROUND WATER" was founded on June 25, 2012. The company has been operating for 14 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 14 years | - | 0% | |
Net revenue | 533 376,00 € | - | 0% | |
Profit | 58 189,00 € | - | 0% | |
Equity | 103 915,00 € | - | 0% | |
Assets | 264 013,00 € | - | 0% | |
Fixed assets | 207 918,00 € | - | 0% | |
Liquidity | 0.59 | - | 10% | |
Profitability | 10.9% | - | 25% | |
Registered capital | 2800,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Aivars Freimanis | 2800 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Aivars Freimanis | LV |