"IBM LATVIJA" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 491 924 € (79% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 5 010 219 | 2 612 324 | 2 409 252 | 3 483 697 | 3 650 876 | 2 992 709 | 5 809 673 | 6 355 860 | 7 093 959 | 7 489 434 | 2 781 945 | 1 991 099 | 3 064 366 | 3 530 262 | 2 009 827 | 1 510 441 | 1 617 659 | 1 352 075 |
| Total non-current assets | 513 285 | 1 863 037 | 1 618 201 | 1 434 354 | 1 178 892 | 1 372 085 | 711 192 | 627 066 | 554 701 | 696 648 | 680 144 | 567 621 | 360 393 | 120 563 | 113 435 | 68 260 | 34 912 | 45 224 |
| Total assets | 5 523 504 | 4 475 361 | 4 027 453 | 4 918 051 | 4 829 768 | 4 364 794 | 6 520 865 | 6 982 926 | 7 648 660 | 8 186 082 | 3 462 089 | 2 558 720 | 3 424 759 | 3 650 825 | 2 123 262 | 1 578 701 | 1 652 571 | 1 397 299 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 4 665 942 | 1 130 689 | 967 378 | 1 668 422 | 1 263 310 | 1 576 177 | 1 934 412 | 942 850 | 705 886 | 646 758 | 658 765 | 625 875 | 726 479 | 1 485 455 | 1 169 883 | 824 288 | 841 234 | 710 705 |
| Non-current liabilities | 37 423 | 2 657 242 | 2 243 591 | 1 606 873 | 1 550 789 | 986 302 | 291 109 | 378 393 | 273 882 | 278 481 | 275 316 | 235 201 | 160 642 | 86 419 | 144 542 | 127 271 | 185 745 | 207 406 |
| Total liabilities | 4 703 365 | 3 787 931 | 3 210 969 | 3 275 295 | 2 814 099 | 2 562 479 | 2 225 521 | 1 321 243 | 979 768 | 925 239 | 934 081 | 861 076 | 887 121 | 1 571 874 | 1 314 425 | 951 559 | 1 026 979 | 918 111 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 530 392 | -132 709 | 129 054 | 826 272 | 877 913 | 786 646 | 1 730 881 | 1 366 339 | 1 007 291 | 591 949 | 767 166 | 796 810 | 839 994 | 1 041 313 | 229 886 | 493 474 | 491 924 | 345 520 |
| Total equity | 820 139 | 687 430 | 816 484 | 1 642 756 | 2 015 669 | 1 802 315 | 4 295 344 | 5 661 683 | 6 668 892 | 7 260 843 | 2 528 008 | 1 697 644 | 2 537 638 | 2 078 951 | 808 837 | 627 142 | 625 592 | 479 188 |
| Income statement | ||||||||||||||||||
| Sales revenue | 2 832 178 | 3 731 246 | 4 227 820 | 5 060 915 | 5 131 517 | 4 904 279 | 6 855 396 | 5 901 213 | 4 181 665 | 3 191 600 | 3 303 558 | 2 885 651 | 2 988 008 | 5 207 968 | 3 332 854 | 3 054 947 | 2 656 413 | 2 045 451 |
| Operating profit | 608 452 | -186 905 | 223 974 | 1 028 770 | 1 059 003 | 974 469 | 2 065 687 | 1 568 772 | 1 211 870 | 662 614 | 788 922 | 813 053 | 848 140 | 1 419 839 | 591 935 | 633 963 | 551 529 | 463 571 |
| Profit before income tax | 627 727 | -155 090 | 187 429 | 998 220 | 1 041 262 | 965 475 | 2 068 323 | 1 614 488 | 1 187 808 | 614 088 | 767 166 | 796 810 | 839 994 | 1 416 313 | 610 469 | 671 704 | 615 571 | 468 501 |
| Profit for the reporting year | 530 392 | -132 709 | 129 054 | 826 272 | 877 913 | 786 646 | 1 730 881 | 1 366 339 | 1 007 291 | 591 949 | 767 166 | 796 810 | 839 994 | 1 041 313 | 229 886 | 493 474 | 491 924 | 345 520 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 36 | 62 | 61 | 59 | 58 | 60 | 42 | 42 | 37 | 31 | 22 | 16 | 16 | 69 | 47 | 39 | 33 | 21 |
| Calculated dividend | 1 200 000 | 0 | 0 | 0 | 505 000 | 1 000 000 | 0 | 0 | 0 | 0 | 5 500 001 | 1 627 174 | 0 | 1 500 000 | 1 500 000 | 675 169 | 493 474 | 491 924 |
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: "IBM LATVIJA" SIA
Overview
"IBM LATVIJA" SIA (reg. no. 40003372249) is a limited liability company. The company was registered in 1997 and has been in the register for 28 years. Registered address: Rīga, Bauskas iela 58A - 7.
Financial results
Revenue in 2025 was 2 045 451 €, down 23,0% on the previous year (2 656 413 €). From 2008 to 2025, revenue declined by an average of 1,9% per year. This is the company's lowest revenue among the published years (2008–2025). Net profit for 2025 was 345 520 € (16,9% of revenue). The company was profitable in 17 of the 18 published years. In 2025 the company had 21 employees (33 a year earlier). Revenue per employee was 97 402 €. At the end of 2025, total assets were 1 397 299 € and equity 479 188 € (34,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is IBM International Group B.V..
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.