SIA "Arete Technologies"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 66 700 € (4% 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 statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 11 386 | 66 834 | 74 031 | 64 515 | 201 015 | 204 028 | 291 111 | 608 199 | 583 110 | 532 422 | 483 448 | 943 008 | 1 286 747 | 3 843 961 | 3 173 535 |
| Total non-current assets | 14 172 | 11 784 | 31 988 | 38 124 | 86 061 | 117 647 | 121 321 | 111 477 | 105 107 | 76 040 | 354 799 | 363 558 | 454 099 | 605 159 | 569 109 |
| Total assets | 25 558 | 78 618 | 106 019 | 102 639 | 287 076 | 321 675 | 412 432 | 719 676 | 688 217 | 608 462 | 838 247 | 1 306 566 | 1 740 846 | 4 449 120 | 3 742 644 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 7943 | 54 080 | 46 123 | 39 217 | 180 665 | 175 444 | 209 558 | 225 093 | 272 983 | 177 252 | 375 405 | 340 540 | 594 870 | 2 779 355 | 1 565 314 |
| Non-current liabilities | 0 | 0 | 6890 | 6874 | 24 273 | 44 615 | 53 271 | 35 266 | 38 690 | 22 268 | 119 436 | 108 750 | 131 140 | 145 258 | 102 751 |
| Total liabilities | 7943 | 54 080 | 53 013 | 46 091 | 204 938 | 220 059 | 262 829 | 260 359 | 311 673 | 199 520 | 494 841 | 449 290 | 726 010 | 2 924 613 | 1 668 065 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 18 268 | 21 538 | 50 006 | 27 819 | 75 332 | 96 946 | 143 124 | 413 590 | 14 661 | 96 398 | 37 964 | 653 570 | 381 060 | 731 671 | 616 772 |
| Total equity | 17 423 | 24 538 | 53 006 | 56 548 | 82 138 | 101 616 | 149 603 | 459 317 | 376 544 | 408 942 | 343 406 | 857 276 | 1 014 836 | 1 524 507 | 2 074 579 |
| Income statement | |||||||||||||||
| Sales revenue | 110 469 | 147 027 | 385 793 | 381 768 | 493 546 | 1 155 214 | 1 766 959 | 3 119 621 | 1 110 039 | 2 092 655 | 1 950 164 | 3 451 702 | 2 894 558 | 5 326 699 | 6 068 009 |
| Operating profit | 18 714 | 25 654 | 58 563 | 33 371 | 87 059 | 113 253 | 204 724 | 416 150 | 26 769 | 109 802 | 65 577 | 652 945 | 422 427 | 795 167 | 603 843 |
| Profit before income tax | 18 643 | 25 811 | 58 373 | 33 092 | 86 322 | 112 419 | 222 618 | 415 860 | 28 114 | 112 450 | 64 105 | 688 882 | 437 144 | 787 875 | 628 024 |
| Profit for the reporting year | 18 268 | 21 538 | 50 006 | 27 819 | 75 332 | 96 946 | 143 124 | 413 590 | 14 661 | 96 398 | 37 964 | 653 570 | 381 060 | 731 671 | 616 772 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 9 | 7 | 12 | 14 | 15 | 15 | 19 | 19 |
| Calculated dividend | — | 14 423 | 21 538 | 24 277 | 49 742 | 77 468 | 95 137 | 0 | 97 434 | 64 000 | 103 500 | 139 700 | 223 500 | 222 000 | 66 700 |
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 "Arete Technologies"
Overview
SIA "Arete Technologies" (reg. no. 40003382374) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Ezera iela 35.
Financial results
Revenue in 2025 was 6 068 009 €, up 13,9% on the previous year (5 326 699 €). From 2011 to 2025, revenue grew by an average of 33,1% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 616 772 € (10,2% of revenue). The company was profitable in all 15 published years. In 2025 the company had 19 employees. Revenue per employee was 319 369 €. At the end of 2025, total assets were 3 742 644 € and equity 2 074 579 € (55,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is SIA "ETERA".
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.