Financial indicators of merchants (individual merchants and commercial companies) provide summarised information on merchants’ commercial situation.

Definitions

Balance assets are the enterprise’s own funds. The assets are divided into: long-term assets and current assets.

  • Long-term assets influence the economic activity of an enterprise in the course of several years, and they are divided into intangible assets, fixed assets, investment assets, biological assets and long-term financial assets.
  • Current assets – assets, which appear either in the form of money resources or are easily converted into cash or will be utilised during the reporting year or in the ordinary economic activity cycle. Kinds of current assets of enterprises: inventories, long-term assets for sale, debtors, short-term financial assets and money (in cash and bank accounts).

Balance liabilities include the following sources of financing: own capital and debenture capital (creditors).

  • Own capital – accounts representing those resources that constitute the property of the enterprise.
  • Long-term creditors and short-term creditors – debts which the enterprise must pay off to other legal units and natural persons.

Balance sheet is a systematised statement in financial terms of the resources and sources of these resources at a specified date.

The totals of assets and liabilities must always agree.

The balance sheet is a component of the annual statement. 

Net turnover represents income from the main activity, sale of the manufactured products from which trade discount and other assigned discounts, as well as value added tax and other taxes directly connected to selling are deducted.

The financial result of enterprise activity at the end of the production cycle after taxes, showing how effectively the resources have been used.

The financial result of enterprise activity at the end of the production cycle before taxes, showing how effectively the resources have been used.

Resources intended for covering certain kinds of losses, liabilities or costs.

Data availability

Dissemination format and Release calendar

Publications

Download CSB publications on various time periods (starting from 2007) in section E-publications and subscribe for paper publications in section Publications.

Data on enterprise finances are available in the statistical yearbooks and monthly bulletins.

Theme Title Release datesort icon ZIP/PDF
General Statistics Key socio-economic indicators in the Baltic states 23.01.2018
General Statistics Key socio-economic indicators in the Baltic states 27.12.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/10 23.11.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/09 23.10.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/08 25.09.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/07 23.08.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/06 24.07.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/05 26.06.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/04 23.05.2017
General Statistics Latvia. Statistics in brief, 2017 08.05.2017
General Statistics Key socio-economic indicators in the Baltic states 2017/03 24.04.2017
General Statistics Key socio-economic indicators in the Baltic states, 2017/02 23.03.2017
General Statistics Statistical yearbook of Latvia, 2016 24.02.2017
General Statistics Key socio-economic indicators in the Baltic states 23.02.2017
General Statistics Monthly bulletin of Latvian statistics 2016/12 08.02.2017

Classification

Statistical Classification of Economic Activities (NACE Rev. 2) is used for the survey.

A Classification Catalogue with classification codes and their explanations has been published on the CSB website.

Customised data sets

If you would like to obtain statistical data that are not available in publications or in the CSB online data base, please send us an information request:
 - postal mail: 1 Lāčplēša Street, Riga, Latvia, LV-1301;
 - e-mail: info [at] csb [dot] gov [dot] lv;
 - visiting Information centre.

Read more

Data collection

Survery method and source data

Data source for the survey is annual reports of companies submitted to the State Revenue Service containing data from merchants’ balance sheet and profit or loss account.

Statistical population

Economically active merchants.

The survey does not include data on banks, investment brokers, investment management authorities, insurance companies, pension funds and budgetary institutions.

Sample size

Year

Economically active enterprises

2015 99 285
2014 87 858
2013 82 669
2012 75 446
2011 67 787

Calculation methods

Data revision

Data are final and are not revised, excluding cases when significant mistakes are detected in enterprise reports.

Comparability

Comparability over time

Comparable data are available since 1996.

Confidentiality

Confidentiality of the information provided by respondents is protected by the Section 17 of the Statistics Law stipulating rights and obligations of the Central Statistical Bureau of Latvia and other state authorities producing official statistics. Read more

Contact person on methodology

Name Surname Telephone Position e-mail
Baiba Laķe +371 67366663 Senior Officer baiba [dot] lake [at] csb [dot] gov [dot] lv

Last update

11.05.2017

Indicators of non-financial merchants

Profit or loss and net turnover of financial merchants (commercial companies)

Explanation of symbols

-

Magnitude zero

0

Less than half of the unit employed

...

Data not available or too uncertain for presentation

X

Figure not applicable because column heading and stub line make entry impossible, absurd or meaningless

.

Data not released for confidentiality reasons

If data are absolute numbers

0

Magnitude zero