SIA "GITEC"Active
Key figures
Ratios
2025Balance sheet structure
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 | 110 403 | 108 349 | 107 885 | 110 299 | 151 676 | 143 681 | 144 464 | 140 891 | 135 882 | 133 588 | 133 536 | 131 039 | 130 812 | 130 630 | 127 515 | 124 142 |
| Total non-current assets | 99 415 | 93 955 | 88 508 | 83 272 | 111 061 | 103 688 | 96 314 | 88 941 | 81 568 | 74 194 | 66 821 | 66 821 | 66 821 | 61 878 | 60 387 | 58 896 |
| Total assets | 209 818 | 202 304 | 196 393 | 193 571 | 262 737 | 247 369 | 240 778 | 229 832 | 217 450 | 207 782 | 200 357 | 197 860 | 197 633 | 192 508 | 187 902 | 183 038 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 828 | 821 | 775 | 694 | 616 | 1322 | 827 | 1621 | 3931 | 7700 | 15 081 | 16 332 | 15 082 | 16 354 | 15 149 | 15 192 |
| Non-current liabilities | 266 254 | 250 592 | 245 770 | 249 896 | 353 687 | 388 381 | 403 093 | 393 894 | 382 280 | 387 918 | 362 658 | 347 590 | 334 032 | 316 450 | 309 069 | 305 600 |
| Total liabilities | 267 082 | 251 413 | 246 545 | 250 590 | 354 303 | 389 703 | 403 920 | 395 515 | 386 211 | 395 618 | 377 739 | 363 922 | 349 114 | 332 804 | 324 218 | 320 792 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -10 149 | 8155 | -1043 | -6867 | -10 434 | -50 768 | -20 807 | -2541 | -3078 | -19 075 | 10 454 | 11 320 | 14 581 | 11 186 | 3577 | -1438 |
| Total equity | -57 264 | -49 109 | -50 152 | -57 019 | -91 566 | -142 334 | -163 142 | -165 683 | -168 761 | -187 836 | -177 382 | -166 062 | -151 481 | -140 296 | -136 316 | -137 754 |
| Income statement | ||||||||||||||||
| Sales revenue | 13 301 | 17 722 | 8280 | 11 951 | 9725 | 10 407 | 17 388 | 9130 | 9031 | 1928 | 0 | 3104 | 8331 | 7926 | 9506 | 9849 |
| Operating profit | -8979 | 9491 | 455 | -5095 | -7323 | -47 657 | -16 933 | 1492 | 796 | -13 633 | 15 946 | 16 812 | 20 073 | 16 628 | 9019 | 4004 |
| Profit before income tax | -8978 | 9491 | 455 | -5095 | -7323 | -47 657 | -16 933 | 1492 | 796 | -13 633 | 15 946 | 16 812 | 20 073 | 16 628 | 9019 | 4004 |
| Profit for the reporting year | -10 149 | 8155 | -1043 | -6867 | -10 434 | -50 768 | -20 807 | -2541 | -3078 | -19 075 | 10 454 | 11 320 | 14 581 | 11 186 | 3577 | -1438 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "GITEC"
Overview
SIA "GITEC" (reg. no. 40003228907) is a limited liability company. The company was registered in 1994 and has been in the register for 31 years. Registered address: Rīga, Aboras iela 7.
Financial results
Revenue in 2025 was 9849 €, up 3,6% on the previous year (9506 €). From 2010 to 2025, revenue declined by an average of 2,0% per year. 2025 ended with a loss of 1438 €. The company was profitable in 6 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 9849 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-137 754 €).
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.