SIA Latvian TransitActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 26 411 279 | 34 655 358 | 9 162 038 | 71 952 555 | 23 379 286 | 20 595 348 | 20 968 456 | 7 319 906 | 8 970 303 | 6 774 936 | 1 282 440 | 713 494 | 574 061 | 280 615 | 226 628 |
| Total non-current assets | 76 469 347 | 83 729 079 | 57 731 697 | 28 281 809 | 9 452 052 | 9 705 123 | 9 930 214 | 10 014 603 | 10 062 520 | 9 912 534 | 9 341 352 | 604 595 | 593 156 | 499 512 | 302 898 |
| Total assets | 102 880 626 | 118 384 437 | 66 893 735 | 100 234 364 | 32 831 338 | 30 300 471 | 30 898 670 | 17 334 509 | 19 032 823 | 16 687 470 | 10 623 792 | 1 318 089 | 1 167 217 | 780 127 | 529 526 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 1 610 756 | 1 358 394 | 1 183 984 | 5 561 336 | 2 086 243 | 1 464 232 | 1 042 664 | 1 439 200 | 1 499 457 | 1 571 673 | 1 480 836 | 7 965 481 | 9 407 217 | 1 606 860 | 239 932 |
| Non-current liabilities | 0 | 3 937 264 | 0 | 0 | 0 | 0 | 237 341 | 220 101 | 601 555 | 427 790 | 259 335 | 225 151 | 162 753 | 155 347 | 105 958 |
| Total liabilities | 1 610 756 | 5 295 658 | 1 183 984 | 5 561 336 | 2 086 243 | 1 464 232 | 1 280 005 | 1 659 301 | 2 101 012 | 1 999 463 | 1 740 171 | 8 190 632 | 9 569 970 | 1 762 207 | 345 890 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8 023 932 | 11 818 910 | -41 792 349 | 1 176 476 | 2 872 338 | 963 486 | 1 745 912 | 178 657 | 1 079 061 | -2 243 804 | -6 482 025 | -14 900 983 | -5 830 210 | -4 243 349 | -2 334 284 |
| Total equity | 101 269 870 | 113 088 779 | 65 709 751 | 94 673 028 | 30 745 095 | 28 836 239 | 29 618 665 | 15 675 208 | 16 754 269 | 14 510 465 | 8 028 440 | -6 872 543 | -8 402 753 | -982 080 | 183 636 |
| Income statement | |||||||||||||||
| Sales revenue | 10 174 905 | 12 160 560 | 10 751 046 | 16 501 635 | 13 682 353 | 10 490 515 | 10 025 277 | 8 444 483 | 8 591 428 | 5 367 443 | 1 888 306 | 991 071 | 0 | 0 | 420 000 |
| Operating profit | 7 665 049 | 16 043 055 | -45 385 703 | -2 686 021 | -3 565 298 | 904 466 | 1 797 820 | 45 749 | 1 001 105 | -2 243 316 | -6 474 808 | -14 773 707 | -5 205 885 | -3 696 314 | -2 328 299 |
| Profit before income tax | 8 023 932 | 15 756 174 | -45 729 613 | 4 278 835 | 5 129 785 | 963 486 | 1 798 746 | 183 619 | 1 086 429 | -2 239 572 | -6 479 577 | -14 898 809 | -5 707 760 | -4 134 503 | -2 333 261 |
| Profit for the reporting year | 8 023 932 | 11 818 910 | -41 792 349 | 1 176 476 | 2 872 338 | 963 486 | 1 745 912 | 178 657 | 1 079 061 | -2 243 804 | -6 482 025 | -14 900 983 | -5 830 210 | -4 243 349 | -2 334 284 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 221 | 207 | 209 | 212 | 209 | 211 | 212 | 209 | 209 | 211 | 210 | 206 | 152 | 83 | 74 |
| Calculated dividend | 0 | 0 | 5 586 680 | 0 | 0 | 2 872 340 | 963 486 | 2 122 114 | 0 | 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 Latvian Transit
Overview
SIA Latvian Transit (reg. no. 40003190740) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Augšdaugavas nov., Šēderes pag., "LRDS Ilūkste".
Financial results
Revenue in 2025 was 420 000 €. From 2011 to 2025, revenue declined by an average of 20,4% per year. 2025 ended with a loss of 2 334 284 €. The company was profitable in 8 of the 15 published years. In 2025 the company had 74 employees (83 a year earlier). Revenue per employee was 5676 €. At the end of 2025, total assets were 529 526 € and equity 183 636 € (34,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is MARTANK B.V..
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.