Sabiedrība ar ierobežotu atbildību "Tele2"Active

40003272854Limited liability companyFounded 1995

Key figures

186 100 934 €+3,4%

Revenue 2025

+3,4%

Average annual growth 2009–2025

Ratios

2025

31,4%

Profit margin

47,1%

Equity ratio

1,9×

Current ratio

52,6%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

from the report

2025

Dividends paid 50 000 000 € (49% of equity at the end of the previous year).

History

202550 000 000 €

202445 000 000 €

202345 000 000 €

202245 000 000 €

202130 000 000 €

20200 €

20190 €

201830 000 000 €

201779 211 793 €

201615 000 000 €

201520 000 000 €

201414 228 718 €

201315 000 000 €

201220 000 000 €

20110 €

2010363 909 €

20090 €

Summary of financial statements2009–2025

	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	21 106 012	19 884 938	34 539 694	35 047 799	29 604 982	43 682 167	44 047 971	46 109 050	54 395 541	47 562 212	47 121 540	59 775 572	72 272 961	60 468 009	62 096 935	56 934 488	62 624 026
Total non-current assets	92 828 392	48 228 492	49 978 674	40 781 836	42 176 689	60 499 028	62 455 343	59 187 876	58 578 850	60 270 663	84 528 584	83 783 318	83 816 709	82 116 765	87 666 958	97 154 721	173 624 104
Total assets	113 934 404	68 113 430	84 518 368	75 829 635	71 781 671	104 181 195	106 503 314	105 296 926	112 974 391	107 832 875	131 650 124	143 558 890	156 089 670	142 584 774	149 763 893	154 089 209	236 248 130
Balance sheet — liabilities and equity
Current liabilities	14 727 873	14 929 287	11 121 564	13 234 106	11 171 133	13 857 882	20 132 306	17 357 218	20 482 743	22 870 280	26 818 594	21 744 132	25 837 713	26 407 419	33 396 756	27 771 820	33 392 822
Non-current liabilities	0	0	3 424 140	1 887 215	1 887 307	3 838 672	4 703 596	3 932 597	56 250 000	45 250 000	32 948 218	14 690 351	15 170 586	15 082 392	15 391 637	15 901 303	87 747 877
Total liabilities	14 727 873	14 929 287	14 545 704	15 121 321	13 058 440	17 696 554	24 835 902	21 289 815	76 732 743	68 120 280	59 766 812	36 434 483	41 008 299	41 489 811	48 788 393	43 673 123	121 140 699
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	30 039 971	21 327 202	19 930 085	10 722 268	13 014 917	17 157 731	15 182 772	16 030 416	28 693 352	30 904 398	31 519 177	34 469 201	31 863 713	33 105 724	46 628 733	52 922 544	58 469 339
Total equity	96 389 929	49 892 461	69 972 664	60 708 314	58 723 231	86 484 641	81 667 412	82 697 828	34 403 834	37 231 044	68 750 221	103 219 422	105 083 135	93 188 859	94 817 592	102 740 136	111 209 475
Income statement
Sales revenue	108 566 137	93 752 125	86 357 774	83 158 560	77 360 581	103 547 261	103 693 848	111 224 236	125 207 878	131 431 667	136 668 669	138 575 557	152 245 600	165 803 474	180 297 219	179 990 836	186 100 934
Operating profit	29 070 751	23 321 289	22 309 084	11 658 034	14 427 750	20 294 693	18 007 846	19 066 390	29 359 919	32 620 612	32 795 845	34 742 103	37 726 391	43 104 533	55 668 351	61 264 465	69 255 845
Profit before income tax	35 593 281	25 025 985	22 214 300	11 707 948	14 454 454	20 310 794	17 904 599	19 023 485	29 052 197	30 904 398	31 519 177	34 469 201	38 889 632	44 398 853	57 939 973	64 241 176	70 953 140
Profit for the reporting year	30 039 971	21 327 202	19 930 085	10 722 268	13 014 917	17 157 731	15 182 772	16 030 416	28 693 352	30 904 398	31 519 177	34 469 201	31 863 713	33 105 724	46 628 733	52 922 544	58 469 339
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	235	286	299	300	275	227	219	242	267	280	307	318	305	318	334	337	322
Calculated dividend	0	363 909	0	20 000 000	15 000 000	14 228 718	20 000 000	15 000 000	79 211 793	30 000 000	0	0	30 000 000	45 000 000	45 000 000	45 000 000	50 000 000

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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Related companies

Companies in which this company is a member

SIA "Baltic Shared Services Center" — 100%

Shared members or board members

Summary: Sabiedrība ar ierobežotu atbildību "Tele2"

Overview

Sabiedrība ar ierobežotu atbildību "Tele2" (reg. no. 40003272854) is a limited liability company. The company was registered in 1995 and has been in the register for 30 years. Registered address: Rīga, Dēļu iela 5.

Financial results

Revenue in 2025 was 186 100 934 €, up 3,4% on the previous year (179 990 836 €). From 2009 to 2025, revenue grew by an average of 3,4% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 58 469 339 € (31,4% of revenue). The company was profitable in all 17 published years. In 2025 the company had 322 employees (337 a year earlier). Revenue per employee was 577 953 €. At the end of 2025, total assets were 236 248 130 € and equity 111 209 475 € (47,1% of assets).

Management and owners

The board has 3 members. The sole owner of the company is Tele2 Sverige Aktiebolag. The company holds a stake in one other active Latvian company.

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.