SIA "TTS (Transportation Technology Systems)"Active
Key figures
Ratios
2021Balance sheet structure
Summary of financial statements2016–2021
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 4 678 226 | 7 569 371 | 6 878 079 | 13 441 564 | 8 802 921 | 11 234 755 |
| Total non-current assets | 4 357 746 | 4 320 562 | 3 998 634 | 4 205 658 | 3 933 492 | 3 260 100 |
| Total assets | 9 035 972 | 11 889 933 | 10 876 713 | 17 647 222 | 12 736 413 | 14 494 855 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 3 606 091 | 6 855 784 | 9 772 386 | 14 427 882 | 10 876 061 | 17 870 513 |
| Non-current liabilities | 4 332 577 | 4 790 946 | 735 314 | 707 186 | 742 167 | 195 835 |
| Total liabilities | 7 938 668 | 11 646 730 | 10 507 700 | 15 135 068 | 11 618 228 | 18 066 348 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -104 093 | -835 304 | 97 772 | 2 043 141 | -1 406 330 | -4 871 822 |
| Total equity | 1 076 545 | 241 241 | 339 013 | 2 382 154 | 975 824 | -3 895 998 |
| Income statement | ||||||
| Sales revenue | 8 818 720 | 13 645 013 | 16 364 639 | 18 495 043 | 20 909 214 | 15 339 947 |
| Operating profit | -15 086 | -711 777 | 238 175 | 2 056 673 | -1 387 063 | -4 791 834 |
| Profit before income tax | -104 856 | -835 304 | 121 062 | 2 060 093 | -1 394 674 | -4 852 998 |
| Profit for the reporting year | -104 093 | -835 304 | 97 772 | 2 043 141 | -1 406 330 | -4 871 822 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 221 | 238 | 227 | 177 | 126 | 127 |
| Calculated dividend | 0 | 0 | 0 | 0 | 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 "TTS (Transportation Technology Systems)"
Overview
SIA "TTS (Transportation Technology Systems)" (reg. no. 40003161455) is a limited liability company. The company was registered in 1993 and has been in the register for 32 years. Registered address: Ropažu nov., Stopiņu pag., Rumbula, Granīta iela 15.
Financial results
Revenue in 2021 was 15 339 947 €, down 26,6% on the previous year (20 909 214 €). From 2016 to 2021, revenue grew by an average of 11,7% per year. 2021 ended with a loss of 4 871 822 €. The company was profitable in 2 of the 6 published years. In 2021 the company had 127 employees (126 a year earlier). Revenue per employee was 120 787 €.
Management and owners
The sole owner of the company is SIA "Transportation Technology Solutions".
Points to note
Equity was negative at the end of 2021 (-3 895 998 €). The latest published annual report is for 2021.
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.