SIA "AVIATEST"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 10 863 296 | 12 400 093 | 6 425 124 | 9 740 830 | 10 953 871 | 11 614 466 | 11 058 998 | 7 497 010 | 1 131 850 | 594 550 |
| Total non-current assets | 1 515 952 | 656 926 | 509 427 | 574 526 | 1 036 814 | 1 359 673 | 1 886 302 | 1 205 382 | 1 130 206 | 1 075 391 |
| Total assets | 12 379 248 | 13 057 019 | 6 934 551 | 10 315 356 | 11 990 685 | 12 974 139 | 12 945 300 | 8 702 392 | 2 262 056 | 1 669 941 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 11 344 846 | 11 761 383 | 5 549 137 | 8 419 455 | 8 867 757 | 8 559 578 | 8 895 652 | 6 220 364 | 1 549 198 | 1 472 104 |
| Non-current liabilities | 89 534 | 785 047 | 26 626 | 0 | 50 584 | 50 584 | 0 | 0 | 0 | 0 |
| Total liabilities | 11 434 380 | 12 546 430 | 5 575 763 | 8 419 455 | 8 918 341 | 8 610 162 | 8 895 652 | 6 220 364 | 1 549 198 | 1 472 104 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 227 285 | 162 330 | 452 579 | 1 757 127 | 1 903 869 | 1 291 633 | 335 671 | -1 492 620 | 33 833 | -515 021 |
| Total equity | 944 868 | 510 589 | 500 837 | 1 895 901 | 3 072 344 | 4 363 977 | 4 049 648 | 2 482 028 | 712 858 | 197 837 |
| Income statement | ||||||||||
| Sales revenue | 5 482 539 | 4 886 495 | 11 250 776 | 5 268 111 | 3 963 682 | 6 456 357 | 9 179 945 | 788 107 | 1 538 148 | 551 820 |
| Operating profit | 305 317 | 283 367 | 488 132 | 1 856 015 | 2 078 869 | 1 302 925 | 457 938 | -1 489 888 | 10 613 | -514 816 |
| Profit before income tax | 268 033 | 248 037 | 471 103 | 1 861 294 | 2 072 490 | 1 310 502 | 505 165 | -1 469 134 | 33 873 | -515 002 |
| Profit for the reporting year | 227 285 | 162 330 | 452 579 | 1 757 127 | 1 903 869 | 1 291 633 | 335 671 | -1 492 620 | 33 833 | -515 021 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 63 | 61 | 62 | 62 | 59 | 59 | 36 | 23 | 21 | 20 |
| Calculated dividend | 850 000 | 596 609 | 335 000 | 489 394 | 663 000 | 0 | 650 000 | 75 000 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "AVIATEST"
Overview
SIA "AVIATEST" (reg. no. 40003037842) is a limited liability company. The company was registered in 1991 and has been in the register for 35 years. Registered address: Rīga, Rēzeknes iela 1.
Financial results
Revenue in 2025 was 551 820 €, down 64,1% on the previous year (1 538 148 €). From 2016 to 2025, revenue declined by an average of 22,5% per year. This is the company's lowest revenue among the published years (2016–2025). 2025 ended with a loss of 515 021 €. The company was profitable in 8 of the 10 published years. In 2025 the company had 20 employees (21 a year earlier). Revenue per employee was 27 591 €. At the end of 2025, total assets were 1 669 941 € and equity 197 837 € (11,8% of assets).
Management and owners
The board has 3 members. According to the register, the company has 2 owners. The largest stake (94,6%) is held by SIA "LNK AEROSPACE".
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.