SIA "SOLVES"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 9810 | 2144 | 3496 | 3152 | 19 440 | 19 299 | 27 695 | 14 777 | 23 813 | 27 071 | 52 237 | 18 981 | 2973 | 4024 | 2086 | 2629 |
| Total non-current assets | 4446 | 2559 | 1126 | 523 | 1103 | 2621 | 1338 | 28 438 | 23 016 | 22 814 | 20 633 | 12 798 | 29 186 | 26 504 | 24 231 | 24 049 |
| Total assets | 14 256 | 4703 | 4622 | 3675 | 20 543 | 21 920 | 29 033 | 43 215 | 46 829 | 49 885 | 72 870 | 31 779 | 32 159 | 30 528 | 26 317 | 26 678 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 10 930 | 0 | 2351 | 141 | 11 082 | 2167 | 265 | 589 | 9067 | 17 493 | 33 122 | 2556 | 4040 | 5050 | 5147 | 3101 |
| Non-current liabilities | 0 | 4352 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6000 | 6000 | 0 | 0 |
| Total liabilities | 10 930 | 4352 | 2351 | 141 | 11 082 | 2167 | 265 | 589 | 9067 | 17 493 | 33 122 | 2556 | 10 040 | 11 050 | 5147 | 3101 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1740 | -2975 | 1920 | 1263 | 4433 | 10 291 | 9016 | 13 858 | 10 312 | 14 630 | 7356 | -10 525 | -7104 | -2641 | 1692 | 2407 |
| Total equity | 3202 | 227 | 2147 | 3410 | 9285 | 19 577 | 28 592 | 42 450 | 37 762 | 32 392 | 39 748 | 29 223 | 22 119 | 19 478 | 21 170 | 23 577 |
| Income statement | ||||||||||||||||
| Sales revenue | 33 281 | 0 | 24 116 | 8030 | 82 427 | 127 698 | 105 005 | 165 117 | 105 730 | 172 070 | 189 599 | 150 077 | 11 171 | 3000 | 210 | 11 800 |
| Operating profit | 1740 | -2975 | 1900 | 1263 | 4645 | 11 941 | 10 654 | 14 390 | 10 312 | 14 630 | 7390 | -10 446 | -7104 | -2641 | 1692 | 2457 |
| Profit before income tax | 1740 | -2975 | 1920 | 1263 | 4645 | 11 941 | 10 654 | 14 390 | 10 312 | 14 630 | 7390 | -10 446 | -7104 | -2641 | 1692 | 2457 |
| Profit for the reporting year | 1740 | -2975 | 1920 | 1263 | 4433 | 10 291 | 9016 | 13 858 | 10 312 | 14 630 | 7356 | -10 525 | -7104 | -2641 | 1692 | 2407 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 1 | 0 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 000 | 20 000 | 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 "SOLVES"
Overview
SIA "SOLVES" (reg. no. 40003193075) is a limited liability company. The company was registered in 1994 and has been in the register for 32 years. Registered address: Ādažu nov., Carnikavas pag., Garupe, Vītolu iela 15.
Financial results
Revenue in 2025 was 11 800 €, up 5519% on the previous year (210 €). From 2010 to 2025, revenue declined by an average of 6,7% per year. Net profit for 2025 was 2407 € (20,4% of revenue). The company was profitable in 12 of the 16 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 26 678 € and equity 23 577 € (88,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.