SIA "ARES Group"
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Legal status
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Website
-Latest events
from (18/11/2021)
2025-07-23
Entity was removed2025-06-13
Change in officers2025-06-02
Change in officers2024-10-28
Change in officersSuspensions
Type of suspension (date)
Economic activity suspended (2023-08-01)Result of suspension (date)
Economic activity restored (2023-08-09)
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
2Debts
0.00 €
0 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
1
Credit limit
***** €
Turnover
1,5-2 M €
+100.00 %Business linkages
6Linkages with other companies
Financial ratios
Net Profit (€)
-300,593
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedEBIT margin shows the profitability of a company over a certain period of time.EBIT margin (%)
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with Freemium unlimitedNet Profit (€)
-300,593EBITDA margin (%)
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| Indicator |
|---|
| Turnover (€) |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| Current Assets (€) |
| Working capital requirement (%)The working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2021 |
|---|
| 1,688,890 |
| 844,445 |
| -300,593 |
| -300,593 |
| -150,297 |
| -15.89 |
| -17.80 |
| -928,557 |
| 1,416,656 |
| 9,163 |
| 478,936 |
Enjoy unlimited use
with Freemium unlimited| 2021 |
|---|
| 1,688,890 |
| 844,445 |
| -300,593 |
| -300,593 |
| -150,297 |
| -15.89 |
| -17.80 |
| -928,557 |
| 1,416,656 |
| 9,163 |
| 478,936 |
Enjoy unlimited use
with Freemium unlimitedTurnover (€)
2021
Turnover (€)
1,688,890 €
- *
Sales per employee (€)
844,445 €- *
Profit before tax (€)
-300,593 €- *
Net Profit (€)
-300,593 €- *
Profit per employee (€)
-150,297 €- *
Total profitability (%)
-15.89 %- *
Net profitability (%)
-17.80 %- *
Equity (€)
-928,557 €- *
Amounts Payable And Liabilities (€)
1,416,656 €- *
Non-current Assets (€)
9,163 €- *
Current Assets (€)
478,936 €- *
Credit history
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
Credit report
Creditor/Data source  | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Creditor/Data source | Debt amount | Debt date | Payment date | Debt type |
|---|---|---|---|---|
- | - | - | - | - |
Legal proceedings
Defendant
(1)
Plaintiff
(0)
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
12/02/2025C771834524C-08499-25 | Claimant:FINERO MARITIME COMPANY Respondent:SIA "ARES Group" | Reason: par ārvalstu šķīrējtiesas nolēmuma atzīšanu un izpildi Decision: Open | Rīgas pilsētas tiesa | 1 |  |
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
Public data
Data source | Information | Additional data |
|---|---|---|
 | Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022 | Total amount: 16,230 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 0 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: 11,580 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | Total amount: 15,560 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| Total amount: 9,330 |
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-Frequently Asked Questions
What is the current status of SIA "ARES Group"?
SIA "ARES Group" is currently Unregistered. It was registered on 17/08/2017 and dissolved on 23/07/2025.
What is SIA "ARES Group" registered address?
SIA "ARES Group" registered address is Krāsotāju iela 13A – 45, Rīga, LV-1009.
What is SIA "ARES Group" activity?
SIA "ARES Group" operates in Non-specialized wholesale trade (46.90 - NACE 2.1).
How many employees does SIA "ARES Group" have?
SIA "ARES Group" has 2 employees (2021).
What is the annual turnover of SIA "ARES Group"?
SIA "ARES Group" reported a turnover of 1,688,890 EUR in 2021.
Does SIA "ARES Group" have any current state debt?
SIA "ARES Group" currently has no outstanding state debt.