"SIA 1960" SIAActive

40003362895Limited liability companyFounded 1997

Key figures

163 356 €+1,9%

Revenue 2025

+12,5%

Average annual growth 2010–2025

Ratios

2025

-5,4%

Profit margin

87,7%

Equity ratio

1,3×

Current ratio

-7,7%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

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	3340	2164	2641	3012	7350	10 740	10 847	13 887	16 933	10 198	18 962	18 726	19 781	23 562	30 726	15 747
Total non-current assets	39 424	37 887	36 986	37 900	52 805	70 004	66 830	61 923	61 125	83 472	95 734	110 949	105 883	114 982	113 790	115 128
Total assets	42 764	40 051	39 627	40 912	60 155	80 744	77 677	75 810	78 058	93 670	114 696	129 675	125 664	138 544	144 516	130 875
Balance sheet — liabilities and equity
Current liabilities	15 666	19 525	24 148	64 834	89 055	109 600	118 187	124 394	120 209	41 705	37 807	29 966	21 902	27 438	11 367	12 185
Non-current liabilities	57 520	53 139	46 173	0	0	0	0	0	0	13 982	10 895	4964	1685	85	9469	3872
Total liabilities	73 186	72 664	70 321	64 834	89 055	109 600	118 187	124 394	120 209	55 687	48 702	34 930	23 587	27 523	20 836	16 057
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-6976	-2191	1919	6772	5137	44	-11 654	-25 228	6433	80 134	28 011	28 751	7332	8944	12 659	-8862
Total equity	-30 422	-32 613	-30 694	-23 922	-28 900	-28 856	-40 510	-48 584	-42 151	37 983	65 994	94 745	102 077	111 021	123 680	114 818
Income statement
Sales revenue	28 088	24 145	27 703	32 076	42 545	56 911	51 917	54 141	63 533	78 114	103 496	122 029	125 463	139 222	160 232	163 356
Operating profit	-6870	-2077	1921	6823	5525	72	-11 654	-25 228	6433	80 134	28 011	28 751	7332	8944	12 953	-8380
EBITDA	-2189	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before income tax	-6963	-2179	1931	6784	5525	72	-11 654	-25 228	6433	80 134	28 011	28 751	7332	8944	12 659	-8862
Profit for the reporting year	-6976	-2191	1919	6772	5137	44	-11 654	-25 228	6433	80 134	28 011	28 751	7332	8944	12 659	-8862
Labour costs	5398	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	4681	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	5	5	5	5	5	5	5	6	4	4	6	6	6	6	5	5
Calculated dividend	—	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 1960" SIA

Overview

"SIA 1960" SIA (reg. no. 40003362895) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Rīga, Dignājas iela 1 - 10.

Financial results

Revenue in 2025 was 163 356 €, up 1,9% on the previous year (160 232 €). From 2010 to 2025, revenue grew by an average of 12,5% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 8862 €. The company was profitable in 11 of the 16 published years. In 2025 the company had 5 employees. Revenue per employee was 32 671 €. At the end of 2025, total assets were 130 875 € and equity 114 818 € (87,7% 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.