Sabiedrība ar ierobežotu atbildību "Smart Systems Latvia"Active

40003352416Limited liability companyFounded 1997

Key figures

45 179 €+38,3%
Revenue 2025
-10,0%
Average annual change 2011–2025
0200 k400 k600 k800 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~476 902 €
20230 €
20220 €
20210 €
20200 €
2019 ~8800 €
2018 ~78 001 €
2017 ~66 000 €
2016 ~19 800 €
20150 €
20140 €
2013 ~12 000 €
2012 ~68 262 €
20110 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets265 000323 649360 135439 452272 83877 686237 92935 44667521426762043482 791352917 529
Total non-current assets000050 000303 492253 492253 492253 492253 492253 492253 4921 125 8271 142 8271 142 827
Total assets265 000323 649360 135439 452322 838381 178491 421288 938260 244253 634254 168255 5351 608 6181 146 3561 160 356
Balance sheet — liabilities and equity
Current liabilities175 902275 524346 291459 422199 503135 132144 09218 23320 00811 86210 07097724735971912 287
Non-current liabilities000000000000000
Total liabilities175 902275 524346 291459 422199 503135 132144 09218 23320 00811 86210 07097724735971912 287
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year89 17927 289-22 281-43 671143 059146 760167 2831377-21 669153623271665475 916965611 433
Total equity89 09848 12513 844-23 973119 086246 046347 329270 705240 236241 772244 098245 7631 603 8831 136 6371 148 069
Income statement
Sales revenue197 448197 80082120254 096214 656715 155441 67727 656876947924587628732 66845 179
Operating profit89 17932 105-22 281-43 671155 413171 911196 8041377-21 669153623771665-985965611 433
Profit before income tax89 17932 105-22 281-43 671155 413171 911196 8041377-21 669153623771665475 916965611 433
Profit for the reporting year89 17927 289-22 281-43 671143 059146 760167 2831377-21 669153623271665475 916965611 433
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees667777778788834
Calculated dividend068 26212 0000019 80066 00078 00188000000476 9020

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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95,71%4,29%Sabiedrība ar ierobež…1Asaturjans Eduards3Asaturjans Tigrans
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Summary: Sabiedrība ar ierobežotu atbildību "Smart Systems Latvia"

Overview

Sabiedrība ar ierobežotu atbildību "Smart Systems Latvia" (reg. no. 40003352416) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Rīga, Cesvaines iela 15B.

Financial results

Revenue in 2025 was 45 179 €, up 38,3% on the previous year (32 668 €). From 2011 to 2025, revenue declined by an average of 10,0% per year. Net profit for 2025 was 11 433 € (25,3% of revenue). The company was profitable in 12 of the 15 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 11 295 €. At the end of 2025, total assets were 1 160 356 € and equity 1 148 069 € (98,9% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (95,7%) is held by 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.