Latvia is a small, open economy with exports contributing
more than half of GDP. Due to its geographical location, transit services are
highly-developed, along with timber and wood-processing, agriculture and food
products, and manufacturing of machinery and electronics industries. Corruption
continues to be an impediment to attracting foreign direct investment and
Latvia's low birth rate and decreasing population are major challenges to its
long-term economic vitality.
Latvia's economy experienced GDP growth of more than 10% per
year during 2006-07, but entered a severe recession in 2008 as a result of an
unsustainable current account deficit and large debt exposure amid the slowing
world economy. Triggered by the collapse of the second largest bank, GDP
plunged by more than 14% in 2009 and, despite strong growth since 2011, the
economy took until 2017 return to pre-crisis levels in real terms. Strong
investment and consumption, the latter stoked by rising wages, helped the
economy grow by more than 4% in 2017, while inflation rose to 3%. Continued
gains in competitiveness and investment will be key to maintaining economic
growth, especially in light of unfavorable demographic trends, including the
emigration of skilled workers, and one of the highest levels of income
inequality in the EU.
In the wake of the 2008-09 crisis, the IMF, EU, and other
international donors provided substantial financial assistance to Latvia as
part of an agreement to defend the currency's peg to the euro in exchange for
the government's commitment to stringent austerity measures. The IMF/EU program
successfully concluded in December 2011, although, the austerity measures imposed
large social costs. The majority of companies, banks, and real estate have been
privatized, although the state still holds sizable stakes in a few large
enterprises, including 80% ownership of the Latvian national airline. Latvia
officially joined the World Trade Organization in February 1999 and the EU in
May 2004. Latvia also joined the euro zone in 2014 and the OECD in 2016.
|
Identification
|
|
Full
Name
|
:
|
Sabiedriba
ar ierobezotu atbildibu "Do It"
|
|
Name in
English
|
:
|
Do It,
Ltd.
|
|
Name in
national language
|
:
|
Sabiedrība
ar ierobežotu atbildību "Do It"
|
|
|
Trading
Names, Brands
|
:
|
|
|
|
Office
Address
|
:
|
|
Siguldas
soseja 1E, Garkalnes novads, LV-1024, Latvia
|
|
|
|
|
|
|
/In
nat.lang.: Berģi, "Rīgas-Siguldas šoseja 1E", Garkalnes
n., LV-1024/
|
|
|
Office
and logistic center "Bergi"
|
|
|
Legal
Address
|
:
|
|
"Augsvimbas",
Garkalnes novads, Bergi, LV-2137, Latvia
|
|
|
|
|
|
|
/In
nat.lang.: Garkalnes nov., Berģi, "Augšvimbas", LV-1024/
|
|
|
Contacts
|
:
|
|
-
|
Phone
|
:
|
(+371)
67609150
|
|
-
|
Phone
|
:
|
(+371)
67795345
|
|
/warehouse/
|
|
-
|
E-mail
|
:
|
liga.agare@jysk.lv
|
|
-
|
E-mail
|
:
|
info@doit.lv
|
|
-
|
WWW
|
:
|
www.doit.lv
|
|
|
|
|
|
|
|
|
|
|
SUMMARY
Legal Form : SIA (Ltd by Latvian law)
|
Incorporation
: 2005
|
Staff
: 206
|
Litigation
events : yes
Remarks on payments : yes
|
|
Sales
:
|
54
470 804.00 EUR ( for 12 months, ended 28.02.2017 )
|
|
51
051 964.00 EUR ( for 12 months, ended 29.02.2016 )
|
|
|
|
|
|
|
|
|
Incorporation
|
:
|
2005
|
|
|
Registration
Data
|
|
|
|
Date of
registration
|
:
|
14.03.2005
|
|
Registration
number
|
:
|
40003733207
|
|
Registr.
authority
|
:
|
Commercial
Register (Latvia)
|
|
|
VAT
number
|
:
|
LV40003733207
|
|
Registr.
authority
|
:
|
Tax
Board (Latvia)
|
|
|
Legal
Form
|
:
|
|
SIA
(Ltd by Latvian law)
|
since
14.03.2005
|
|
|
|
|
|
|
|
|
|
Share
Capital
|
:
|
|
12
999 952 EUR (registered)
|
since
24.03.2016
|
|
|
|
|
|
|
|
|
|
Shareholders
|
:
|
|
-
|
JYSK
Baltic UAB (Lithuania)
|
33.33
%
|
|
|
reg.
number
|
:
|
110842955
|
|
|
|
address
|
:
|
Ozo
g. 25, Vilnius, Vilnius region, Vilnius city municipality, Lithuania
|
|
|
|
-
|
Jysk
Linnen`N Furniture OU (Estonia)
|
33.33
%
|
|
|
|
reg.
number
|
:
|
10170660
|
|
|
|
|
address
|
:
|
Endla
45, Tallinn, Harju county, 10615, Estonia
|
|
|
|
|
-
|
Jysk
Linnen'n Furniture, SIA (Latvia)
|
33.33
%
|
|
|
|
reg.
number
|
:
|
40003536998
|
|
|
|
|
address
|
:
|
"Rigas-Siguldas
soseja 1E", Garkalnes novads, Bergi, LV-1024, Latvia
|
|
|
|
|
-
|
Joska
Eignarhaldsfelag ehf av PLC (Iceland)
|
0.02
%
|
|
|
|
reg.
number
|
:
|
430402-5360
|
|
|
|
|
address
|
:
|
Smaratorg
1, 200 Kopavogur, Iceland
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Board / Executives
|
|
|
Executives
|
|
|
|
Board
Chairman
|
:
|
|
Mrs
Lauwers, Luc Henri Maria (Belgium)
|
|
address:
Garkalnes novads, Siguldas soseja 1E, Latvia
|
|
|
date of
birth: 11.09.1958
/signature right jointly with at least 1 Member of the Board/
|
|
Board
Member
|
:
|
|
Mrs
Zundure, Dace (Latvia)
|
|
|
Date of
birth: 14.01.1974
/signature right jointly with at least 1 Member of the Board/
|
|
Chief
Accountant
|
:
|
ph.:
+371 67116816 e-mail: liga.agare@jysk.lv
|
|
Board
Member
|
:
|
|
Mrs
Skrastina, Edite (Latvia)
|
|
address:
Berzu iela 23, Lielvarde, Ogres region, Latvia
|
|
|
Date of
birth: 19.02.1975
/signature right jointly with at least 1 Member of the Board/
ph.: +371 67147854 Email: edite.skrastina@jysk.lv
|
|
|
Authorised
signature
|
:
|
Mrs
Lauwers, Luc Henri Maria
|
|
|
Mrs
Skrastina, Edite
|
|
|
Mrs
Zundure, Dace
|
|
|
|
|
|
Changes in Registration Data
|
|
-
01.12.2016
|
:
|
Obsolete
address: Garkalnes nov., "Augsvimbas"
|
|
|
-
24.03.2016
|
:
|
|
share
capital, managers, authorised signature, shareholders
|
|
|
|
-
30.10.2013
|
:
|
|
|
|
-
23.04.2013
|
:
|
historical
address: Riga, Brivibas iela 372
|
|
|
-
08.02.2013
|
:
|
|
share
capital, shareholders
|
|
|
|
-
27.02.2012
|
:
|
|
|
|
-
19.08.2010
|
:
|
|
share
capital, shareholders
|
changes
in company statute
|
|
|
-
14.04.2010
|
:
|
|
|
|
-
02.12.2009
|
:
|
|
|
|
-
29.10.2009
|
:
|
changes
in company statute registered or changed procurist
|
|
|
-
03.07.2009
|
:
|
|
|
|
-
05.03.2009
|
:
|
|
|
|
-
08.04.2008
|
:
|
|
|
|
-
26.04.2005
|
:
|
V.A.T.
payer's license was issued
|
|
|
-
24.03.2005
|
:
|
|
|
|
-
14.03.2005
|
:
|
new
company organized
|
|
|
Activities
|
:
|
|
-
|
4226
|
Special
warehousing and storage
|
|
|
(6312
/ NACE_1.1: Storage and warehousing)
|
|
|
(5210
/ NACE_2: Warehousing and storage)
|
|
-
|
4731
|
Freight
Forwarding
|
|
|
(6340
/ NACE_1.1: Activities of other transport agencies)
|
|
|
(5229
/ NACE_2: Other transportation support activities)
|
|
-
|
502
|
Furniture
and Home Furnishings
|
|
|
(5147
/ NACE_1.1: Wholesale of other household goods)
|
|
|
(4643
/ NACE_2: Wholesale of electrical household appliances)
|
|
-
|
5023
|
Home
furnishings
|
|
|
(5147
/ NACE_1.1: Wholesale of other household goods)
|
|
|
(4647
/ NACE_2: Wholesale of furniture, carpets and lighting equipment)
|
|
-
|
57
|
FURNITURE
AND HOME FURNISHINGS STORES
|
|
|
(5244
/ NACE_1.1: Retail sale of furniture, lighting equipment and household
articles n.e.c.)
|
|
|
(4753
/ NACE_2: Retail sale of carpets, rugs, wall and f loor coverings in
specialised stores)
|
|
|
|
|
|
|
|
wholesale
and retail of furniture and household goods
|
|
|
Freight
transport: by road
|
|
|
Staff
employed
|
:
|
|
|
|
Staff
History
|
:
|
|
-
|
186
|
|
( the data as of 30.06.2017 )
|
|
|
-
|
175
|
|
|
( the data as of 19.01.2017 )
|
|
|
-
|
154
|
|
|
( the data as of 30.09.2016 )
|
|
|
-
|
127
|
|
|
( the data as of 07.12.2015 )
|
|
|
-
|
116
|
|
|
( the data as of 31.12.2014 )
|
|
|
-
|
80
|
|
|
( the data as of 31.12.2013 )
|
|
|
-
|
82
|
|
|
( the data as of 31.12.2012 )
|
|
|
|
|
|
|
Export
|
|
|
|
- 2017
|
:
|
Lithuania,
Estonia, Belarus
|
|
|
- 2016
|
:
|
Lithuania,
Estonia, Iceland, Canada, Belarus
About 70% of turnover
|
|
|
- 2014
|
:
|
Lithuania,
Estonia, Iceland, Canada
70% of turnover.
|
|
|
:
|
Lithuania,
Estonia, Iceland, Romania, Bulgaria, Canada
2010 - 72% of turnover
|
|
|
Import
|
|
|
|
- 2017
|
:
|
Europe
|
|
|
- 2016
|
:
|
China
Peoples Republic, Indonesia, United Kingdom, Poland, Germany, Netherlands,
Lithuania, Bulgaria, Belarus
|
|
|
- 2014
|
:
|
China
Peoples Republic, Indonesia, United Kingdom, Poland, Germany, Netherlands,
Lithuania, Bulgaria
|
|
|
:
|
China
Peoples Republic, Indonesia, United Kingdom, Poland, Germany, Netherlands,
Lithuania, Bulgaria
|
|
|
Facilities
|
|
|
|
Real
estate
|
:
|
|
rent:
|
|
-
|
Premises
- Office
|
|
size/amnt
|
:
|
250.00
m2
|
|
|
-
|
Premises
- Office and storehouse
|
|
size/amnt
|
:
|
7
000.00 m2 [E]
|
|
address
|
:
|
Siguldas
soseja 1E, Garkalnes novads, LV-1024, Latvia
|
|
|
|
|
|
|
|
Other
Property
|
:
|
|
unknown ownership:
|
|
-
|
Other
tools & equipment - Transport vehicle
|
|
quantity
|
:
|
15.00
unit(s)
|
|
|
|
|
|
|
|
Branches
|
:
|
|
|
|
Subsidiaries
and Participation
|
:
|
|
|
|
Bankers
|
:
|
|
-
|
SWEDBANKA
AS (Latvia)
|
|
address
|
:
|
Riga,
Latvia
|
|
bank
code
|
:
|
HABALV22
|
|
account(s)
|
:
|
LV03HABA0551009413037
|
|
|
|
|
|
|
|
Clients
|
:
|
The
main customers are: Jysk (LV, LT, EE, BY), THE PIER SIA (LV, LT, EE), Rumfata
Lagerinn (Iceland), Brigitorg (Iceland).
|
|
|
Suppliers
|
:
|
Average:
30 General: LAGERI HOM PURCHASES (China); TVILOOM (Denmark); PLASTI (Poland);
BETEWELT (Germany).
|
|
|
Other
associated Companies
|
:
|
Jysk
(LV, LT, EE, BY) “THE PIER” (Estonia, Latvia, Lithuania)
|
|
|
Litigation
|
|
|
|
- 20.01.2014
|
:
|
|
Cancellation
of administrative act
|
|
status
|
:
|
Unknown
|
|
claimant
|
:
|
Do It
(Latvia)
reg. number: 40003733207
address: Bergi, Siguldas soseja 1E, Garkalnes novads, LV-1024, Latvia
|
|
|
|
|
|
Case
Nr.: A420391213 Last court sitting: 02.03.2016 Defendant: State Revenue
Service
|
|
|
( the
data as of 02.03.2016 )
|
|
|
|
There
are no bankruptcy/insolvency records listed in the subject name in the
official sources.
|
|
|
Remarks
on payment
|
|
|
|
-
17.12.2016
|
:
|
|
Debt
collection (confirmed)
|
164.80
EUR
|
|
payment
status
|
:
|
complete
|
|
|
|
|
|
|
|
|
( the
data as of 17.12.2016, cancelled since 21.11.2017 )
|
|
|
|
There
are no other records on unpaid invoices/defaulted payments noted by local
debt collection companies. According to the Tax Office of Latvia the subject
company doesn’t have any arrears exceeding 150 EUR as at 07.03.2018.
|
|
|
Business
mortgages
|
|
|
|
-
23.12.2015
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
23.12.2015
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
23.12.2015
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
23.12.2015
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
23.12.2015
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
13.02.2014
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
13.02.2014
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
13.02.2014
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
13.02.2014
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
-
13.02.2014
|
:
|
|
Commercial
pledge
|
|
pledgee
|
:
|
Swedbank,
AS (Latvia)
|
|
|
|
|
|
|
|
|
|
|
|
Financial Elements
|
|
|
Period,
months
|
12
|
|
12
|
|
12
|
|
|
Ended
|
28.02.2017
|
|
29.02.2016
|
|
28.02.2015
|
|
|
Currency
|
EUR
|
|
EUR
|
|
EUR
|
|
|
|
=====
BALANCE SHEET ====================
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
--- A S S E T S --------------------
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
|
-
Intangible assets
|
122 497.00
|
|
135 983.00
|
|
189 430.00
|
|
|
-
Fixed assets
|
584 778.00
|
|
542 065.00
|
|
616 320.00
|
|
|
-
Investments in tangible assets
|
|
|
|
|
|
|
|
-
Financial assets
|
16 516 887.00
|
|
16 775 686.00
|
|
12 570 637.00
|
|
|
-
Other non-current assets
|
|
|
|
|
|
|
|
Non-current
assets total
|
17 224 162.00
|
|
17 453 734.00
|
|
13 376 387.00
|
|
|
|
|
|
|
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
|
|
|
-
Stock
|
17 780 958.00
|
|
16 000 502.00
|
|
15 636 626.00
|
|
|
-
Debtors
|
9 384 337.00
|
|
5 095 073.00
|
|
5 610 699.00
|
|
|
-
Other receivables
|
|
|
|
|
|
|
|
-
Short-term financial investments
|
|
|
|
|
|
|
|
-
Cash
|
571 683.00
|
|
193 627.00
|
|
114 946.00
|
|
|
-
Other current assets
|
|
|
|
|
|
|
|
Current
assets total
|
27 736 978.00
|
|
21 289 202.00
|
|
21 362 271.00
|
|
|
|
|
|
|
|
|
|
|
Assets
total
|
44 961 140.00
|
|
38 742 936.00
|
|
34 738 658.00
|
|
|
|
|
|
|
|
|
|
|
--- EQUITY AND LIABILITIES ---------
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
AND RESERVES
|
|
|
|
|
|
|
|
-
Share capital
|
12 999 952.00
|
|
12 999 969.00
|
|
12 999 969.00
|
|
|
-
Additional capital
|
|
|
|
|
|
|
|
-
Other capital
|
|
|
|
|
|
|
|
-
Reserve capital
|
|
|
|
|
|
|
|
-
Retained earnings (Non-covered loss)
|
10 225 453.00
|
|
6 388 127.00
|
|
3 211 815.00
|
|
|
Capital
and reserves total
|
23 225 405.00
|
|
19 388 096.00
|
|
16 211 784.00
|
|
|
|
|
|
|
|
|
|
|
Provisions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LONG-TERM
LIABILITIES
|
|
|
|
|
|
|
|
-
Loans and credits
|
1 826 261.00
|
|
2 088 262.00
|
|
2 046 516.00
|
|
|
- long-term amounts owed to banks
|
1 826 261.00
|
|
2 086 957.00
|
|
2 030 774.00
|
|
|
-
Other long-term liabilities
|
5 102 202.00
|
|
5 100 000.00
|
|
5 102 017.00
|
|
|
Long-term
liabilities total
|
6 928 463.00
|
|
7 188 262.00
|
|
7 148 533.00
|
|
|
|
|
|
|
|
|
|
|
SHORT-TERM
LIABILITIES
|
|
|
|
|
|
|
|
-
Loans and credits
|
9 480 417.00
|
|
6 872 902.00
|
|
4 426 142.00
|
|
|
- short-term amounts owed to banks
|
9 479 112.00
|
|
6 858 465.00
|
|
4 410 842.00
|
|
|
-
Creditors
|
4 941 041.00
|
|
4 636 807.00
|
|
6 083 617.00
|
|
|
- trade debts
|
1 994 379.00
|
|
2 197 186.00
|
|
2 345 699.00
|
|
|
- accrued payroll
|
|
|
|
|
|
|
|
- tax liabilities
|
383 550.00
|
|
468 578.00
|
|
213 990.00
|
|
|
- other creditors
|
2 563 112.00
|
|
1 971 043.00
|
|
3 523 928.00
|
|
|
- advances received
|
|
|
|
|
|
|
|
-
Dividends in arrears
|
|
|
|
|
|
|
|
-
Accrued income, deferred charges
|
385 814.00
|
|
656 869.00
|
|
868 582.00
|
|
|
-
Other short-term liabilities
|
|
|
|
|
|
|
|
Short-term
liabilities total
|
14 807 272.00
|
|
12 166 578.00
|
|
11 378 341.00
|
|
|
|
|
|
|
|
|
|
|
Liabilities
total
|
21 735 735.00
|
|
19 354 840.00
|
|
18 526 874.00
|
|
|
Equity
and liabilities total
|
44 961 140.00
|
|
38 742 936.00
|
|
34 738 658.00
|
|
|
|
|
|
|
|
|
|
|
=====
PROFIT AND LOSS ACCOUNT ==========
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ORDINARY
ACTIVITY INCOME AND CHARGES
|
|
|
|
|
|
|
|
Net
sales
|
54 470 804.00
|
|
51 051 964.00
|
|
44 632 265.00
|
|
|
Cost
of goods sold
|
42 163 995.00
|
|
40 295 387.00
|
|
33 780 210.00
|
|
|
Gross
profit
|
12 306 809.00
|
|
10 756 577.00
|
|
10 852 055.00
|
|
|
Distribution
costs
|
4 920 029.00
|
|
4 578 100.00
|
|
4 422 664.00
|
|
|
Administrative
and management costs
|
3 948 144.00
|
|
3 235 724.00
|
|
2 451 737.00
|
|
|
Profit
on sales
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OPERATING
INCOME AND CHARGES
|
|
|
|
|
|
|
|
Interest
receivable
|
841 983.00
|
|
697 384.00
|
|
939 561.00
|
|
|
Interest
payable
|
650 749.00
|
|
588 097.00
|
|
684 532.00
|
|
|
Income
from participating interests
|
|
|
|
|
|
|
|
Other
operating income
|
895 817.00
|
|
738 616.00
|
|
1 446 525.00
|
|
|
Other
operating charges
|
40 595.00
|
|
28 054.00
|
|
37 315.00
|
|
|
Operating
profit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INVESTMENT
INCOME AND CHARGES
|
|
|
|
|
|
|
|
Investment
income less charges
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit
before taxation
|
4 485 092.00
|
|
3 762 602.00
|
|
5 641 893.00
|
|
|
Income-tax
and other similar payments
|
636 765.00
|
|
586 290.00
|
|
894 155.00
|
|
|
Profit
(loss) from ordinary activity
|
|
|
|
|
|
|
|
Extraordinary
income less charges
|
-11 001.00
|
|
|
|
|
|
|
Net
profit
|
3 837 326.00
|
|
3 176 312.00
|
|
4 747 738.00
|
|
|
|
|
|
|
|
|
|
|
|
- - -
- - - - KEY RATIOS - - - - - - -
|
|
|
|
|
|
|
|
Return
on sales, %
|
8.23
|
|
7.37
|
|
12.64
|
|
|
Profit before taxation / Net sales
|
|
|
|
|
|
|
|
Operating
margin of profit, %
|
|
|
|
|
|
|
|
Operating profit / Net sales
|
|
|
|
|
|
|
|
Return
on investment, %
|
19.31
|
|
19.41
|
|
34.80
|
|
|
Profit before taxation / Equity
|
|
|
|
|
|
|
|
Current
assets turnover
|
1.96
|
|
2.40
|
|
2.09
|
|
|
Net sales / Current assets
|
|
|
|
|
|
|
|
Working
capital
|
12 929 706.00
|
|
9 122 624.00
|
|
9 983 930.00
|
|
|
Current assets - Short-term liabilities
|
|
|
|
|
|
|
|
Leverage
|
0.52
|
|
0.50
|
|
0.47
|
|
|
Equity / Total assets
|
|
|
|
|
|
|
|
Current
ratio
|
1.87
|
|
1.75
|
|
1.88
|
|
|
Current assets / Short-term liabilities
|
|
|
|
|
|
|
|
Quick
ratio
|
0.67
|
|
0.43
|
|
0.50
|
|
|
(Current assets - Stock) / Short-term
liabilities
|
|
|
|
|
|
|
|
Debt-to-equity
ratio
|
0.94
|
|
1.00
|
|
1.14
|
|
|
Total liabilities / Equity
|
|
|
|
|
|
|
|
Debtor
days
|
62.88
|
|
36.43
|
|
45.88
|
|
|
Debtors / Net sales *365
|
|
|
|
|
|
|
|
Creditor
days
|
17.26
|
|
19.90
|
|
25.35
|
|
|
Trade debts / Cost of goods sold *365
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Publications
|
|
|
|
-
17.11.2016
|
:
|
|
|
Related
household goods wholesaler SIA "Do It" store network
"Jysk" invested 1.2 million euros, opening the first store in
Belarus... "Jysk" is planning to open at least 25 shops in the
nearest 10 years... At the present time "Jysk" has 27 shops in
Baltic states - 8 shops in Latvia and Estonia and 11 shops in Lithuania...
|
|
|
|
|
|
- 0001
|
:
|
|
|
From
company's website: Our services are certified by: ISO 9001:2009 certificate
regarding very high performance in logistics and warehouse services. SIA “Do
It” began its activities in 2005 as the importer and distributor for “JYSK
Linnen’ Furniture” in the Baltic countries. In 2007, when “JYSK Linnen'
Furniture” started developing its sale network in the Balkans, SIA “Do It”
expanded the scope of its service provision by including Romania and
Bulgaria. At present, we serve 39 shops in the following five countries
from the logistics centre “Berģi”: Latvia, Lithuania, Estonia, Romania
and Bulgaria. In 2009, we launched regular supplies to clients in Ukraine
and Iceland. SIA “Do It” offers a full range of logistics services and
diverse logistics solutions, •road and sea cargo transport, •warehousing,
•customs agent service, •procurement and distribution of goods. Our
logistics centre is located on the outskirts of Riga; geographically it is
a very advantageous place at the very beginning of Sigulda highway next to
Riga ring-road and Tallinn highway. Thus we are able to ensure easy and
quick flows of cargo both to Europe and to the neighbours in the East. Our
aim is to provide high quality integrated logistics services. We endeavour
to help our clients to develop their business, as well as we offer
preparing and implementing efficient, rational and most optimal logistics
solutions to the client. Our priority is high quality service, individual
and professional approach to each client.
|
|
|
|
|
|
FINAL
COMMENTS
|
|
|
|
We
contacted the Chief accountant Mrs Liga Agare by the ph.number +371
67116816 and she provided us with the general information about the
company.
|
|
|
|
|
|
Capital
History
|
|
|
|
-
08.02.2013
|
:
|
9 136
430 LVL (registered)
|
|
|
( the
data as of 28.01.2016, cancelled since 24.03.2016 )
|
|
|
-
27.02.2012
|
:
|
4 919
630 LVL (registered)
|
|
|
( the
data as of 27.02.2012, cancelled since 08.02.2013 )
|
|
|
-
19.08.2010
|
:
|
632 000
LVL (registered)
|
|
|
( the
data as of 19.08.2010, cancelled since 27.02.2012 )
|
|
|
-
14.03.2005
|
:
|
2 000 LVL
(registered)
|
|
|
( the
data as of 14.03.2005, cancelled since 19.08.2010 )
|
|
|
APPENDIX
A
|
|
|
|
|
Financial
Statements
|
|
|
|
|
Period,
months
|
12
|
|
12
|
|
12
|
|
|
Ended
|
28.02.2017
|
|
29.02.2016
|
|
28.02.2015
|
|
|
Currency
|
EUR
|
|
EUR
|
|
EUR
|
|
|
|
PROFIT
AND LOSS ACCOUNT
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
010
Net turnover
|
54 470 804.00
|
|
|
|
|
|
|
a)
from agricultural activities
|
|
|
|
|
|
|
|
b)
from other operating activities
|
|
|
|
|
|
|
|
020
Cost of sales
|
-42 163 995.00
|
|
|
|
|
|
|
025
Change in stock, finished and semi-finished goods
|
|
|
|
|
|
|
|
030
Gross profit or loss
|
12 306 809.00
|
|
|
|
|
|
|
035
Facilities produced at the expense of own funds for internal use
|
|
|
|
|
|
|
|
040
Distribution costs
|
-4 920 029.00
|
|
|
|
|
|
|
050
Administrative expenses
|
-3 948 144.00
|
|
|
|
|
|
|
060
Other operating income
|
895 817.00
|
|
|
|
|
|
|
062
Economical expenses
|
|
|
|
|
|
|
|
064
Gross profit or loss
|
|
|
|
|
|
|
|
065
Administrative charges
|
|
|
|
|
|
|
|
067
Depreciation of fixed assets
|
|
|
|
|
|
|
|
068
Other operating expenses
|
-40 595.00
|
|
|
|
|
|
|
070
Income from participating interests
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
080
Income from securities and loans forming long-term
|
|
|
|
|
|
|
|
investments
|
|
|
|
|
|
|
|
090
Other interest receivable and similar income
|
841 983.00
|
|
|
|
|
|
|
100
Value adjustments in respect of financial assets and
|
|
|
|
|
|
|
|
of investments held as current
assets
|
|
|
|
|
|
|
|
a)
Long-term financial investments in associated companies
|
|
|
|
|
|
|
|
110
Interest payable and similar charges
|
-650 749.00
|
|
|
|
|
|
|
120
Profit or loss on ordinary activities before taxation
|
|
|
|
|
|
|
|
130
Extraordinary income
|
|
|
|
|
|
|
|
140
Extraordinary charges
|
|
|
|
|
|
|
|
150
Extraordinary profit or loss before taxation
|
|
|
|
|
|
|
|
151
Profit or loss before taxation
|
|
|
|
|
|
|
|
160
Income-tax for fiscal period
|
-636 765.00
|
|
|
|
|
|
|
165.
Profit after corporate income tax
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
170
Other taxes
|
|
|
|
|
|
|
|
175
Deferred Income-tax for fiscal period
|
-11 001.00
|
|
|
|
|
|
|
176
Minority profit or loss
|
|
|
|
|
|
|
|
178
Extraordinary dividend
|
|
|
|
|
|
|
|
180
Profit or loss for fiscal period
|
3 837 326.00
|
|
|
|
|
|
|
b)
other operating activites
|
|
|
|
|
|
|
|
b)
from other persons
|
|
|
|
|
|
|
|
190
Minority profit or loss
|
|
|
|
|
|
|
|
200
Profit or loss after taxation and minority interests
|
|
|
|
|
|
|
|
370
Profit or loss on ordinary
|
4 485 092.00
|
|
|
|
|
|
|
activities before taxation
|
|
|
|
|
|
|
|
380
Profit after tax for the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
995
Depreciation
|
276 230.00
|
|
|
|
|
|
|
- - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BALANCE
SHEET
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A S S
E T S
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Intangible assets
|
|
|
|
|
|
|
|
010
Cost of research and development
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
020
Concessions, patents, licences, brands, etc.
|
122 497.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
021
Other intangible assets
|
|
|
|
|
|
|
|
030
Goodwill
|
|
|
|
|
|
|
|
040
Payments on account for intangible assets
|
|
|
|
|
|
|
|
050
Total intangible assets
|
122 497.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tangible assets
|
|
|
|
|
|
|
|
060
Real estate
|
|
|
|
|
|
|
|
061
Long-term investments in leased tangible assets
|
16 593.00
|
|
|
|
|
|
|
070
Plant and machinery
|
|
|
|
|
|
|
|
080
Other fixtures and fittings, tools and equipment
|
568 185.00
|
|
|
|
|
|
|
090
Payments on account and tangible assets in cours
|
|
|
|
|
|
|
|
of construction
|
|
|
|
|
|
|
|
091
Prepayment for tangible assets
|
|
|
|
|
|
|
|
100
Total tangible assets
|
584 778.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
III
Investment property, total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
107
Total biological assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets
|
|
|
|
|
|
|
|
110
Shares in subsidiaries
|
|
|
|
|
|
|
|
a) of
group companies
|
|
|
|
|
|
|
|
b) other
persons
|
|
|
|
|
|
|
|
120
Loans to subsidiaries
|
16 516 887.00
|
|
|
|
|
|
|
130
Shares in related companies
|
|
|
|
|
|
|
|
140
Loans to related companies
|
|
|
|
|
|
|
|
150
Other securities and capital participation
|
|
|
|
|
|
|
|
160
Other loans
|
|
|
|
|
|
|
|
170
Own shares and parts
|
|
|
|
|
|
|
|
180 Loans
to the members of the company and
|
|
|
|
|
|
|
|
the management
|
|
|
|
|
|
|
|
182
Trade debtors
|
|
|
|
|
|
|
|
184
Deferred income tax asset
|
0.00
|
|
|
|
|
|
|
190
Total financial assets
|
16 516 887.00
|
|
|
|
|
|
|
200
NON-CURRENT ASSETS TOTAL
|
17 224 162.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
|
|
|
|
|
|
|
|
210
Raw materials and consumables
|
|
|
|
|
|
|
|
220
Work in progress
|
|
|
|
|
|
|
|
225
Work in progress and orders
|
|
|
|
|
|
|
|
230
Finished goods and goods for resale
|
17 345 941.00
|
|
|
|
|
|
|
240
Orders outstanding
|
|
|
|
|
|
|
|
250
Payments on account
|
435 017.00
|
|
|
|
|
|
|
255
Animals and plants
|
|
|
|
|
|
|
|
256
a) the animals and planting annuals
|
|
|
|
|
|
|
|
260
Working and productive animals
|
|
|
|
|
|
|
|
270
Total stock
|
17 780 958.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
275
LONG-TERM INVESTMENT ASSETS WITHHELD
|
|
|
|
|
|
|
|
FOR
SALE
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debtors
|
|
|
|
|
|
|
|
280
Trade debtors
|
78 156.00
|
|
|
|
|
|
|
290
Amounts owed by subsidiaries
|
9 178 086.00
|
|
|
|
|
|
|
300
Amounts owed by related companies
|
|
|
|
|
|
|
|
310
Other debts
|
54 849.00
|
|
|
|
|
|
|
320
Subscribed capital called but not paid
|
|
|
|
|
|
|
|
330
Short-terms loans to the members of the company
|
|
|
|
|
|
|
|
and the management
|
|
|
|
|
|
|
|
335
Other loans
|
|
|
|
|
|
|
|
340
Prepayments and accrued
|
73 246.00
|
|
|
|
|
|
|
341
Accrued income
|
|
|
|
|
|
|
|
343
Deferred tax liabilities
|
|
|
|
|
|
|
|
350
Total debtors
|
9 384 337.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Securities current assets and
short-term capital
|
|
|
|
|
|
|
|
participations
|
|
|
|
|
|
|
|
360
Shares in subsidiaries
|
|
|
|
|
|
|
|
370
Own shares and parts
|
|
|
|
|
|
|
|
380
Other securities and capital participation
|
|
|
|
|
|
|
|
385
Financial derivatives
|
|
|
|
|
|
|
|
390
Total securities and shares
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400
Cash at bank and in hand (total)
|
571 683.00
|
|
|
|
|
|
|
410
CURRENT ASSETS TOTAL
|
27 736 978.00
|
|
|
|
|
|
|
420
BALANCE
|
44 961 140.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
L I A
B I L I T I E S
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
AND RESERVES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
430
Share capital
|
12 999 952.00
|
|
|
|
|
|
|
440
Share premium account
|
|
|
|
|
|
|
|
450
Long-term assets revaluation reserve
|
|
|
|
|
|
|
|
Reserves
|
|
|
|
|
|
|
|
452
Financial instruments revaluation reserve
|
|
|
|
|
|
|
|
460
Reserve stipulated by law
|
|
|
|
|
|
|
|
470
Reserve for own shares and parts
|
|
|
|
|
|
|
|
480
Reserve provided by charter
|
|
|
|
|
|
|
|
490
Other reserves
|
|
|
|
|
|
|
|
500
Total reserves
|
|
|
|
|
|
|
|
510
Retained earnings
|
6 388 127.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retained earning or uncovered losses
|
|
|
|
|
|
|
|
510
Profit or loss brought forward from previous years
|
|
|
|
|
|
|
|
520
Profit or loss for the current year
|
3 837 326.00
|
|
|
|
|
|
|
505
Equity, total
|
|
|
|
|
|
|
|
525
Consolidation margin
|
|
|
|
|
|
|
|
530
CAPITAL AND RESERVES TOTAL
|
23 225 405.00
|
|
|
|
|
|
|
535
Minority interest
|
|
|
|
|
|
|
|
PROVISIONS
|
|
|
|
|
|
|
|
540
Provisions for pensions and similar obligations
|
|
|
|
|
|
|
|
550
Provisions for taxation
|
|
|
|
|
|
|
|
560
Other provisions
|
|
|
|
|
|
|
|
561
Provisions for vacations
|
|
|
|
|
|
|
|
570
PROVISIONS TOTAL
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CREDITORS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term liabilities
|
|
|
|
|
|
|
|
580
Debenture loans
|
|
|
|
|
|
|
|
590
Convertible loans
|
|
|
|
|
|
|
|
600 Amounts
owed to credit institutions
|
1 826 261.00
|
|
|
|
|
|
|
601
Other loans
|
0.00
|
|
|
|
|
|
|
602
Advanced payments received
|
|
|
|
|
|
|
|
603
Trade debts
|
|
|
|
|
|
|
|
604
Bills of exchange payable
|
|
|
|
|
|
|
|
610
Amounts owed to subsidiaries
|
5 100 000.00
|
|
|
|
|
|
|
620
Amounts owed to related companies
|
|
|
|
|
|
|
|
621
Taxes and social security payments
|
|
|
|
|
|
|
|
630
Other creditors
|
|
|
|
|
|
|
|
631
Deferred income
|
|
|
|
|
|
|
|
632
Non-paid dividends of current year
|
|
|
|
|
|
|
|
633
Non-paid dividends of previous years
|
|
|
|
|
|
|
|
634
Deferred tax liabilities
|
2 202.00
|
|
|
|
|
|
|
635
Accrued liabilities
|
|
|
|
|
|
|
|
636
Leasing liabilities
|
|
|
|
|
|
|
|
640
Total long-term liabilities
|
6 928 463.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short-term liabilities
|
|
|
|
|
|
|
|
650
Debenture loans
|
|
|
|
|
|
|
|
660
Convertible loans
|
|
|
|
|
|
|
|
670
Amounts owed to credit institutions
|
9 479 112.00
|
|
|
|
|
|
|
671
Other loans
|
1 305.00
|
|
|
|
|
|
|
680
Advanced payments received
|
|
|
|
|
|
|
|
690
Trade debts
|
1 994 379.00
|
|
|
|
|
|
|
700
Bills of exchange payable
|
|
|
|
|
|
|
|
710
Amounts owed to subsidiaries
|
2 433 199.00
|
|
|
|
|
|
|
720
Amounts owed to related companies
|
|
|
|
|
|
|
|
730
Taxes and social security payments
|
383 550.00
|
|
|
|
|
|
|
740
Other creditors
|
129 913.00
|
|
|
|
|
|
|
750
Deferred income
|
|
|
|
|
|
|
|
760
Fiscal period dividends
|
|
|
|
|
|
|
|
770
Non-paid dividends of previous years
|
|
|
|
|
|
|
|
771
Accrued charges
|
385 814.00
|
|
|
|
|
|
|
773
Deferred tax liabilities
|
|
|
|
|
|
|
|
774
Obligations for state funds exploitation
|
|
|
|
|
|
|
|
775
Alienated financial instruments
|
|
|
|
|
|
|
|
776
Leasing obligations
|
|
|
|
|
|
|
|
995
Depreciation
|
|
|
|
|
|
|
|
780
Total short-term liabilities
|
14 807 272.00
|
|
|
|
|
|
|
790
Creditors, total
|
|
|
|
|
|
|
|
800
BALANCE
|
44 961 140.00
|
|
|
|
|
|
|
990
Employees number
|
155.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-
29.02.2016
|
:
|
|
Fiscal
period: 12 month(s), currency: EUR
|
|
|
PROFIT
AND LOSS ACCOUNT
|
|
|
|
|
|
|
010
Net turnover
|
51 051 964.00
|
|
|
020
Cost of sales
|
-40 295 387.00
|
|
|
025
Change in stock, finished and semi-finished goods
|
|
|
|
030
Gross profit or loss
|
10 756 577.00
|
|
|
035
Facilities produced at the expense of own funds for internal use
|
|
|
|
040
Distribution costs
|
-4 578 100.00
|
|
|
050
Administrative expenses
|
-3 235 724.00
|
|
|
060
Other operating income
|
738 616.00
|
|
|
062
Economical expenses
|
|
|
|
064
Gross profit or loss
|
|
|
|
065
Administrative charges
|
|
|
|
067
Depreciation of fixed assets
|
|
|
|
068
Other operating expenses
|
-28 054.00
|
|
|
070
Income from participating interests
|
|
|
|
|
|
|
080
Income from securities and loans forming long-term
|
|
|
|
investments
|
|
|
|
090
Other interest receivable and similar income
|
697 384.00
|
|
|
100
Value adjustments in respect of financial assets and
|
|
|
|
of investments held as current
assets
|
|
|
|
110
Interest payable and similar charges
|
-588 097.00
|
|
|
120
Profit or loss on ordinary activities before taxation
|
3 762 602.00
|
|
|
|
|
|
130
Extraordinary income
|
|
|
|
140
Extraordinary charges
|
|
|
|
150
Extraordinary profit or loss before taxation
|
|
|
|
151
Profit or loss before taxation
|
3 762 602.00
|
|
|
160
Income-tax for fiscal period
|
-586 290.00
|
|
|
170
Other taxes
|
|
|
|
175
Deferred Income-tax for fiscal period
|
|
|
|
176
Minority profit or loss
|
|
|
|
180
Profit or loss for fiscal period
|
3 176 312.00
|
|
|
995
Depreciation
|
|
|
|
- - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
|
|
|
BALANCE
SHEET
|
|
|
|
|
|
|
A S S
E T S
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
Intangible assets
|
|
|
|
010
Cost of research and development
|
|
|
|
|
|
|
020
Concessions, patents, licences, brands, etc.
|
135 983.00
|
|
|
|
|
|
021
Other intangible assets
|
|
|
|
030
Goodwill
|
|
|
|
040
Payments on account for intangible assets
|
|
|
|
050
Total intangible assets
|
135 983.00
|
|
|
|
|
|
Tangible assets
|
|
|
|
060
Real estate
|
|
|
|
061
Long-term investments in leased tangible assets
|
9 159.00
|
|
|
070
Plant and machinery
|
481 236.00
|
|
|
080
Other fixtures and fittings, tools and equipment
|
51 670.00
|
|
|
090
Payments on account and tangible assets in cours
|
|
|
|
of construction
|
|
|
|
091
Prepayment for tangible assets
|
|
|
|
100
Total tangible assets
|
542 065.00
|
|
|
|
|
|
III
Investment property, total
|
|
|
|
|
|
|
107
Total biological assets
|
|
|
|
|
|
|
Financial assets
|
|
|
|
110
Shares in subsidiaries
|
|
|
|
120
Loans to subsidiaries
|
16 766 887.00
|
|
|
130
Shares in related companies
|
|
|
|
140
Loans to related companies
|
|
|
|
150
Other securities and capital participation
|
|
|
|
160
Other loans
|
|
|
|
170
Own shares and parts
|
|
|
|
180
Loans to the members of the company and
|
|
|
|
the management
|
|
|
|
182
Trade debtors
|
|
|
|
184
Deferred income tax asset
|
8 799.00
|
|
|
190
Total financial assets
|
16 775 686.00
|
|
|
200
NON-CURRENT ASSETS TOTAL
|
17 453 734.00
|
|
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
|
|
Stock
|
|
|
|
210
Raw materials and consumables
|
|
|
|
220
Work in progress
|
|
|
|
230
Finished goods and goods for resale
|
12 327 093.00
|
|
|
240
Orders outstanding
|
3 640 214.00
|
|
|
250
Payments on account
|
33 195.00
|
|
|
260 Working
and productive animals
|
|
|
|
270
Total stock
|
16 000 502.00
|
|
|
|
|
|
275
LONG-TERM INVESTMENT ASSETS WITHHELD
|
|
|
|
FOR
SALE
|
|
|
|
|
|
|
Debtors
|
|
|
|
280
Trade debtors
|
41 094.00
|
|
|
290
Amounts owed by subsidiaries
|
4 689 508.00
|
|
|
300
Amounts owed by related companies
|
|
|
|
310
Other debts
|
270 189.00
|
|
|
320
Subscribed capital called but not paid
|
|
|
|
330
Short-terms loans to the members of the company
|
|
|
|
and the management
|
|
|
|
335
Other loans
|
|
|
|
340
Prepayments and accrued
|
94 282.00
|
|
|
341
Accrued income
|
|
|
|
343
Deferred tax liabilities
|
|
|
|
350
Total debtors
|
5 095 073.00
|
|
|
|
|
|
Securities current assets and
short-term capital
|
|
|
|
participations
|
|
|
|
360
Shares in subsidiaries
|
|
|
|
370
Own shares and parts
|
|
|
|
380
Other securities and capital participation
|
|
|
|
385
Financial derivatives
|
|
|
|
390
Total securities and shares
|
|
|
|
|
|
|
400
Cash at bank and in hand (total)
|
193 627.00
|
|
|
410
CURRENT ASSETS TOTAL
|
21 289 202.00
|
|
|
420
BALANCE
|
38 742 936.00
|
|
|
|
|
|
L I A
B I L I T I E S
|
|
|
|
|
|
|
CAPITAL
AND RESERVES
|
|
|
|
|
|
|
430
Share capital
|
12 999 969.00
|
|
|
440
Share premium account
|
|
|
|
450
Long-term assets revaluation reserve
|
|
|
|
Reserves
|
|
|
|
452
Financial instruments revaluation reserve
|
|
|
|
460
Reserve stipulated by law
|
|
|
|
470
Reserve for own shares and parts
|
|
|
|
480
Reserve provided by charter
|
|
|
|
490
Other reserves
|
|
|
|
500
Total reserves
|
|
|
|
|
|
|
Retained earning or uncovered losses
|
|
|
|
510
Profit or loss brought forward from previous years
|
3 211 815.00
|
|
|
520
Profit or loss for the current year
|
3 176 312.00
|
|
|
505
Equity, total
|
|
|
|
525
Consolidation margin
|
|
|
|
530
CAPITAL AND RESERVES TOTAL
|
19 388 096.00
|
|
|
535
Minority interest
|
|
|
|
PROVISIONS
|
|
|
|
540
Provisions for pensions and similar obligations
|
|
|
|
550
Provisions for taxation
|
|
|
|
560
Other provisions
|
|
|
|
561
Provisions for vacations
|
|
|
|
570
PROVISIONS TOTAL
|
|
|
|
|
|
|
CREDITORS
|
|
|
|
|
|
|
Long-term liabilities
|
|
|
|
580
Debenture loans
|
|
|
|
590
Convertible loans
|
|
|
|
600
Amounts owed to credit institutions
|
2 086 957.00
|
|
|
601
Other loans
|
1 305.00
|
|
|
602
Advanced payments received
|
|
|
|
603
Trade debts
|
|
|
|
604
Bills of exchange payable
|
|
|
|
610
Amounts owed to subsidiaries
|
5 100 000.00
|
|
|
620
Amounts owed to related companies
|
|
|
|
621
Taxes and social security payments
|
|
|
|
630
Other creditors
|
|
|
|
631
Deferred income
|
|
|
|
632
Non-paid dividends of current year
|
|
|
|
633
Non-paid dividends of previous years
|
|
|
|
634
Deferred tax liabilities
|
0.00
|
|
|
635
Accrued liabilities
|
|
|
|
636
Leasing liabilities
|
|
|
|
640
Total long-term liabilities
|
7 188 262.00
|
|
|
|
|
|
Short-term liabilities
|
|
|
|
650
Debenture loans
|
|
|
|
660
Convertible loans
|
|
|
|
670 Amounts
owed to credit institutions
|
6 858 465.00
|
|
|
671
Other loans
|
14 437.00
|
|
|
680
Advanced payments received
|
|
|
|
690
Trade debts
|
2 197 186.00
|
|
|
700
Bills of exchange payable
|
|
|
|
710
Amounts owed to subsidiaries
|
1 877 629.00
|
|
|
720
Amounts owed to related companies
|
|
|
|
730
Taxes and social security payments
|
468 578.00
|
|
|
740
Other creditors
|
93 414.00
|
|
|
750
Deferred income
|
|
|
|
760
Fiscal period dividends
|
|
|
|
770
Non-paid dividends of previous years
|
|
|
|
771
Accrued charges
|
656 869.00
|
|
|
773
Deferred tax liabilities
|
|
|
|
774
Obligations for state funds exploitation
|
|
|
|
775
Alienated financial instruments
|
|
|
|
776
Leasing obligations
|
|
|
|
995
Depreciation
|
|
|
|
780
Total short-term liabilities
|
12 166 578.00
|
|
|
790
CREDITORS TOTAL
|
19 354 840.00
|
|
|
800
BALANCE
|
38 742 936.00
|
|
|
990
Employees number
|
|
|
|
|
|
|
|
|
|
-
28.02.2015
|
:
|
|
Fiscal
period: 12 month(s), currency: EUR
|
|
|
PROFIT
AND LOSS ACCOUNT
|
|
|
|
|
|
|
010
Net turnover
|
44 632 265.00
|
|
|
020
Cost of sales
|
-33 780 210.00
|
|
|
025
Change in stock, finished and semi-finished goods
|
|
|
|
030
Gross profit or loss
|
10 852 055.00
|
|
|
035
Facilities produced at the expense of own funds for internal use
|
|
|
|
040
Distribution costs
|
-4 422 664.00
|
|
|
050
Administrative expenses
|
-2 451 737.00
|
|
|
060
Other operating income
|
1 446 525.00
|
|
|
062
Economical expenses
|
|
|
|
064
Gross profit or loss
|
|
|
|
065
Administrative charges
|
|
|
|
067
Depreciation of fixed assets
|
|
|
|
068
Other operating expenses
|
-37 315.00
|
|
|
070
Income from participating interests
|
|
|
|
|
|
|
080
Income from securities and loans forming long-term
|
|
|
|
investments
|
|
|
|
090
Other interest receivable and similar income
|
939 561.00
|
|
|
100
Value adjustments in respect of financial assets and
|
|
|
|
of investments held as current
assets
|
|
|
|
110
Interest payable and similar charges
|
-684 532.00
|
|
|
120
Profit or loss on ordinary activities before taxation
|
5 641 893.00
|
|
|
|
|
|
130
Extraordinary income
|
|
|
|
140
Extraordinary charges
|
|
|
|
150
Extraordinary profit or loss before taxation
|
|
|
|
151
Profit or loss before taxation
|
5 641 893.00
|
|
|
160
Income-tax for fiscal period
|
-894 155.00
|
|
|
170
Other taxes
|
|
|
|
175
Deferred Income-tax for fiscal period
|
|
|
|
176
Minority profit or loss
|
|
|
|
180
Profit or loss for fiscal period
|
4 747 738.00
|
|
|
995
Depreciation
|
|
|
|
- - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
|
|
|
BALANCE
SHEET
|
|
|
|
|
|
|
A S S
E T S
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
Intangible assets
|
|
|
|
010
Cost of research and development
|
|
|
|
|
|
|
020
Concessions, patents, licences, brands, etc.
|
189 430.00
|
|
|
|
|
|
021
Other intangible assets
|
|
|
|
030
Goodwill
|
|
|
|
040
Payments on account for intangible assets
|
|
|
|
050
Total intangible assets
|
189 430.00
|
|
|
|
|
|
Tangible assets
|
|
|
|
060
Real estate
|
|
|
|
061
Long-term investments in leased tangible assets
|
11 321.00
|
|
|
070
Plant and machinery
|
569 568.00
|
|
|
080
Other fixtures and fittings, tools and equipment
|
35 431.00
|
|
|
090
Payments on account and tangible assets in cours
|
|
|
|
of construction
|
|
|
|
091
Prepayment for tangible assets
|
|
|
|
100
Total tangible assets
|
616 320.00
|
|
|
|
|
|
III
Investment property, total
|
|
|
|
|
|
|
107
Total biological assets
|
|
|
|
|
|
|
Financial assets
|
|
|
|
110
Shares in subsidiaries
|
|
|
|
120
Loans to subsidiaries
|
12 570 637.00
|
|
|
130
Shares in related companies
|
|
|
|
140
Loans to related companies
|
|
|
|
150
Other securities and capital participation
|
|
|
|
160
Other loans
|
|
|
|
170
Own shares and parts
|
|
|
|
180
Loans to the members of the company and
|
|
|
|
the management
|
|
|
|
182
Trade debtors
|
|
|
|
184
Deferred income tax asset
|
0.00
|
|
|
190
Total financial assets
|
12 570 637.00
|
|
|
200
NON-CURRENT ASSETS TOTAL
|
13 376 387.00
|
|
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
|
|
Stock
|
|
|
|
210
Raw materials and consumables
|
|
|
|
220
Work in progress
|
|
|
|
230
Finished goods and goods for resale
|
10 617 480.00
|
|
|
240
Orders outstanding
|
4 777 029.00
|
|
|
250
Payments on account
|
242 117.00
|
|
|
260
Working and productive animals
|
|
|
|
270
Total stock
|
15 636 626.00
|
|
|
|
|
|
275
LONG-TERM INVESTMENT ASSETS WITHHELD
|
|
|
|
FOR
SALE
|
|
|
|
|
|
|
Debtors
|
|
|
|
280
Trade debtors
|
177 780.00
|
|
|
290
Amounts owed by subsidiaries
|
4 819 939.00
|
|
|
300
Amounts owed by related companies
|
|
|
|
310
Other debts
|
545 493.00
|
|
|
320
Subscribed capital called but not paid
|
|
|
|
330
Short-terms loans to the members of the company
|
|
|
|
and the management
|
|
|
|
335
Other loans
|
|
|
|
340
Prepayments and accrued
|
67 487.00
|
|
|
341
Accrued income
|
|
|
|
343
Deferred tax liabilities
|
|
|
|
350
Total debtors
|
5 610 699.00
|
|
|
|
|
|
Securities current assets and
short-term capital
|
|
|
|
participations
|
|
|
|
360
Shares in subsidiaries
|
|
|
|
370
Own shares and parts
|
|
|
|
380
Other securities and capital participation
|
|
|
|
385
Financial derivatives
|
|
|
|
390
Total securities and shares
|
|
|
|
|
|
|
400
Cash at bank and in hand (total)
|
114 946.00
|
|
|
410
CURRENT ASSETS TOTAL
|
21 362 271.00
|
|
|
420
BALANCE
|
34 738 658.00
|
|
|
|
|
|
L I A
B I L I T I E S
|
|
|
|
|
|
|
CAPITAL
AND RESERVES
|
|
|
|
|
|
|
430
Share capital
|
12 999 969.00
|
|
|
440
Share premium account
|
|
|
|
450
Long-term assets revaluation reserve
|
|
|
|
Reserves
|
|
|
|
452
Financial instruments revaluation reserve
|
|
|
|
460
Reserve stipulated by law
|
|
|
|
470
Reserve for own shares and parts
|
|
|
|
480
Reserve provided by charter
|
|
|
|
490
Other reserves
|
|
|
|
500
Total reserves
|
|
|
|
|
|
|
Retained earning or uncovered losses
|
|
|
|
510
Profit or loss brought forward from previous years
|
-1 535 923.00
|
|
|
520
Profit or loss for the current year
|
4 747 738.00
|
|
|
505
Equity, total
|
|
|
|
525
Consolidation margin
|
|
|
|
530
CAPITAL AND RESERVES TOTAL
|
16 211 784.00
|
|
|
535
Minority interest
|
|
|
|
PROVISIONS
|
|
|
|
540
Provisions for pensions and similar obligations
|
|
|
|
550
Provisions for taxation
|
|
|
|
560
Other provisions
|
|
|
|
561
Provisions for vacations
|
|
|
|
570
PROVISIONS TOTAL
|
|
|
|
|
|
|
CREDITORS
|
|
|
|
|
|
|
Long-term liabilities
|
|
|
|
580
Debenture loans
|
|
|
|
590
Convertible loans
|
|
|
|
600
Amounts owed to credit institutions
|
2 030 774.00
|
|
|
601
Other loans
|
15 742.00
|
|
|
602
Advanced payments received
|
|
|
|
603
Trade debts
|
|
|
|
604
Bills of exchange payable
|
|
|
|
610
Amounts owed to subsidiaries
|
5 100 000.00
|
|
|
620
Amounts owed to related companies
|
|
|
|
621
Taxes and social security payments
|
|
|
|
630
Other creditors
|
|
|
|
631
Deferred income
|
|
|
|
632
Non-paid dividends of current year
|
|
|
|
633
Non-paid dividends of previous years
|
|
|
|
634
Deferred tax liabilities
|
2 017.00
|
|
|
635
Accrued liabilities
|
|
|
|
636
Leasing liabilities
|
|
|
|
640
Total long-term liabilities
|
7 148 533.00
|
|
|
|
|
|
Short-term liabilities
|
|
|
|
650
Debenture loans
|
|
|
|
660
Convertible loans
|
|
|
|
670
Amounts owed to credit institutions
|
4 410 842.00
|
|
|
671
Other loans
|
15 300.00
|
|
|
680
Advanced payments received
|
|
|
|
690
Trade debts
|
2 345 699.00
|
|
|
700
Bills of exchange payable
|
|
|
|
710
Amounts owed to subsidiaries
|
3 442 660.00
|
|
|
720
Amounts owed to related companies
|
|
|
|
730
Taxes and social security payments
|
213 990.00
|
|
|
740
Other creditors
|
81 268.00
|
|
|
750
Deferred income
|
|
|
|
760
Fiscal period dividends
|
|
|
|
770
Non-paid dividends of previous years
|
|
|
|
771
Accrued charges
|
868 582.00
|
|
|
773
Deferred tax liabilities
|
|
|
|
774
Obligations for state funds exploitation
|
|
|
|
775
Alienated financial instruments
|
|
|
|
776
Leasing obligations
|
|
|
|
995
Depreciation
|
|
|
|
780
Total short-term liabilities
|
11 378 341.00
|
|
|
790
CREDITORS TOTAL
|
18 526 874.00
|
|
|
800
BALANCE
|
34 738 658.00
|
|
|
990
Employees number
|
|
|
|
|
|
|
|
|
|
-
28.02.2014
|
:
|
|
Fiscal
period: 12 month(s), currency: EUR
|
|
|
PROFIT
AND LOSS ACCOUNT
|
|
|
|
|
|
|
010
Net turnover
|
41 814 393.00
|
|
|
020
Cost of sales
|
-35 528 101.00
|
|
|
025
Change in stock, finished and semi-finished goods
|
|
|
|
030
Gross profit or loss
|
6 286 292.00
|
|
|
035
Facilities produced at the expense of own funds for internal use
|
|
|
|
040
Distribution costs
|
-4 416 998.00
|
|
|
050
Administrative expenses
|
-437 431.00
|
|
|
060
Other operating income
|
762 987.00
|
|
|
062
Economical expenses
|
|
|
|
064
Gross profit or loss
|
|
|
|
065
Administrative charges
|
|
|
|
067
Depreciation of fixed assets
|
|
|
|
068
Other operating expenses
|
-48 902.00
|
|
|
070
Income from participating interests
|
|
|
|
|
|
|
080
Income from securities and loans forming long-term
|
|
|
|
investments
|
|
|
|
090
Other interest receivable and similar income
|
219 829.00
|
|
|
100
Value adjustments in respect of financial assets and
|
|
|
|
of investments held as current
assets
|
|
|
|
110
Interest payable and similar charges
|
-742 896.00
|
|
|
120
Profit or loss on ordinary activities before taxation
|
1 622 881.00
|
|
|
|
|
|
130
Extraordinary income
|
|
|
|
140
Extraordinary charges
|
|
|
|
150
Extraordinary profit or loss before taxation
|
|
|
|
151
Profit or loss before taxation
|
1 622 881.00
|
|
|
160
Income-tax for fiscal period
|
|
|
|
170
Other taxes
|
|
|
|
175
Deferred Income-tax for fiscal period
|
-240 293.00
|
|
|
180
Profit or loss for fiscal period
|
1 382 588.00
|
|
|
995
Depreciation
|
|
|
|
- - -
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
|
|
|
BALANCE
SHEET
|
|
|
|
|
|
|
A S S
E T S
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
Intangible assets
|
|
|
|
010 Cost
of research and development
|
|
|
|
|
|
|
020
Concessions, patents, licences, brands, etc.
|
50 927.00
|
|
|
|
|
|
021
Other intangible assets
|
|
|
|
030
Goodwill
|
|
|
|
040
Payments on account for intangible assets
|
|
|
|
050
Total intangible assets
|
50 927.00
|
|
|
|
|
|
Tangible assets
|
|
|
|
060
Real estate
|
|
|
|
061
Long-term investments in leased tangible assets
|
15 062.00
|
|
|
070
Plant and machinery
|
852 554.00
|
|
|
080
Other fixtures and fittings, tools and equipment
|
56 910.00
|
|
|
090
Payments on account and tangible assets in cours
|
|
|
|
of construction
|
|
|
|
091
Prepayment for tangible assets
|
|
|
|
100
Total tangible assets
|
924 526.00
|
|
|
|
|
|
III
Investment property, total
|
|
|
|
|
|
|
107
Total biological assets
|
|
|
|
|
|
|
Financial assets
|
|
|
|
110
Shares in subsidiaries
|
|
|
|
120
Loans to subsidiaries
|
4 984 637.00
|
|
|
130
Shares in related companies
|
|
|
|
140
Loans to related companies
|
|
|
|
150
Other securities and capital participation
|
|
|
|
160
Other loans
|
|
|
|
170
Own shares and parts
|
|
|
|
180
Loans to the members of the company and
|
|
|
|
the management
|
|
|
|
182
Trade debtors
|
|
|
|
184
Deferred income tax asset
|
603 611.00
|
|
|
190
Total financial assets
|
5 588 248.00
|
|
|
200
NON-CURRENT ASSETS TOTAL
|
6 563 701.00
|
|
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
|
|
Stock
|
|
|
|
210
Raw materials and consumables
|
|
|
|
220
Work in progress
|
|
|
|
230 Finished
goods and goods for resale
|
9 122 792.00
|
|
|
240
Orders outstanding
|
2 638 621.00
|
|
|
250
Payments on account
|
220 827.00
|
|
|
260
Working and productive animals
|
|
|
|
270
Total stock
|
11 982 240.00
|
|
|
|
|
|
275
LONG-TERM INVESTMENT ASSETS WITHHELD
|
|
|
|
FOR
SALE
|
|
|
|
|
|
|
Debtors
|
|
|
|
280
Trade debtors
|
1 588 537.00
|
|
|
290
Amounts owed by subsidiaries
|
6 047 787.00
|
|
|
300
Amounts owed by related companies
|
|
|
|
310
Other debts
|
324 265.00
|
|
|
320
Subscribed capital called but not paid
|
|
|
|
330
Short-terms loans to the members of the company
|
|
|
|
and the management
|
|
|
|
335
Other loans
|
|
|
|
340
Prepayments and accrued
|
64 905.00
|
|
|
341
Accrued income
|
|
|
|
343
Deferred tax liabilities
|
|
|
|
350
Total debtors
|
8 025 494.00
|
|
|
|
|
|
Securities current assets and
short-term capital
|
|
|
|
participations
|
|
|
|
360
Shares in subsidiaries
|
|
|
|
370
Own shares and parts
|
|
|
|
380
Other securities and capital participation
|
|
|
|
385
Financial derivatives
|
|
|
|
390
Total securities and shares
|
|
|
|
|
|
|
400
Cash at bank and in hand (total)
|
672 013.00
|
|
|
410
CURRENT ASSETS TOTAL
|
20 679 747.00
|
|
|
420
BALANCE
|
27 243 448.00
|
|
|
|
|
|
L I A
B I L I T I E S
|
|
|
|
|
|
|
CAPITAL
AND RESERVES
|
|
|
|
|
|
|
430
Share capital
|
12 999 969.00
|
|
|
440
Share premium account
|
|
|
|
450
Long-term assets revaluation reserve
|
|
|
|
Reserves
|
|
|
|
452
Financial instruments revaluation reserve
|
|
|
|
460
Reserve stipulated by law
|
|
|
|
470
Reserve for own shares and parts
|
|
|
|
480
Reserve provided by charter
|
|
|
|
490
Other reserves
|
|
|
|
500
Total reserves
|
|
|
|
|
|
|
Retained earning or uncovered losses
|
|
|
|
510
Profit or loss brought forward from previous years
|
-2 918 512.00
|
|
|
520
Profit or loss for the current year
|
1 382 588.00
|
|
|
505
Equity, total
|
|
|
|
525
Consolidation margin
|
|
|
|
530
CAPITAL AND RESERVES TOTAL
|
11 464 045.00
|
|
|
|
|
|
PROVISIONS
|
|
|
|
540
Provisions for pensions and similar obligations
|
|
|
|
550
Provisions for taxation
|
|
|
|
560
Other provisions
|
|
|
|
561
Provisions for vacations
|
|
|
|
570
PROVISIONS TOTAL
|
|
|
|
|
|
|
CREDITORS
|
|
|
|
|
|
|
Long-term liabilities
|
|
|
|
580
Debenture loans
|
|
|
|
590
Convertible loans
|
|
|
|
600
Amounts owed to credit institutions
|
3 010 258.00
|
|
|
601
Other loans
|
29 773.00
|
|
|
602
Advanced payments received
|
|
|
|
603
Trade debts
|
|
|
|
610
Amounts owed to subsidiaries
|
3 000 000.00
|
|
|
620
Amounts owed to related companies
|
|
|
|
621
Taxes and social security payments
|
|
|
|
630
Other creditors
|
|
|
|
631
Deferred income
|
|
|
|
632
Non-paid dividends of current year
|
|
|
|
633
Non-paid dividends of previous years
|
|
|
|
634
Deferred tax liabilities
|
|
|
|
635
Accrued liabilities
|
|
|
|
636
Leasing liabilities
|
|
|
|
640
Total long-term liabilities
|
6 040 031.00
|
|
|
|
|
|
Short-term liabilities
|
|
|
|
650
Debenture loans
|
|
|
|
660
Convertible loans
|
|
|
|
670
Amounts owed to credit institutions
|
6 422 723.00
|
|
|
671
Other loans
|
16 074.00
|
|
|
680
Advanced payments received
|
|
|
|
690
Trade debts
|
1 513 047.00
|
|
|
700
Bills of exchange payable
|
|
|
|
710
Amounts owed to subsidiaries
|
870 715.00
|
|
|
720
Amounts owed to related companies
|
|
|
|
730
Taxes and social security payments
|
108 450.00
|
|
|
740
Other creditors
|
56 699.00
|
|
|
750
Deferred income
|
|
|
|
760
Fiscal period dividends
|
|
|
|
770
Non-paid dividends of previous years
|
|
|
|
771
Accrued charges
|
751 664.00
|
|
|
773
Deferred tax liabilities
|
|
|
|
774
Obligations for state funds exploitation
|
|
|
|
775
Alienated financial instruments
|
|
|
|
776
Leasing obligations
|
|
|
|
995
Depreciation
|
|
|
|
780
Total short-term liabilities
|
9 739 372.00
|
|
|
790
CREDITORS TOTAL
|
15 779 403.00
|
|
|
800
BALANCE
|
27 243 448.00
|
|
|
990
Employees number
|
|
|
|
|
|
|
|
|
NB is stated where there is insufficient information to
facilitate rating. However, it is not to be considered as unfavourable.
