SIA "IECAVA B"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 40 000 € (60% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 45 768 | 27 891 | 43 713 | 46 400 | 139 378 | 147 516 | 170 797 | 184 418 | 198 072 | 195 650 | 123 903 | 179 406 | 196 524 | 223 811 | 272 156 | 286 636 |
| Total non-current assets | 8144 | 15 062 | 7798 | 5063 | 6024 | 7518 | 20 140 | 28 127 | 36 019 | 32 298 | 66 963 | 52 494 | 41 948 | 39 088 | 30 145 | 77 600 |
| Total assets | 53 912 | 42 953 | 51 511 | 51 463 | 145 402 | 155 034 | 190 937 | 212 545 | 234 091 | 227 948 | 190 866 | 231 900 | 238 472 | 262 899 | 302 301 | 364 236 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 100 757 | 85 445 | 95 952 | 103 551 | 235 257 | 253 306 | 285 278 | 261 841 | 244 655 | 263 552 | 232 726 | 291 323 | 264 605 | 161 814 | 235 520 | 184 922 |
| Non-current liabilities | 170 | 5510 | 1612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 100 927 | 90 955 | 97 564 | 103 551 | 235 257 | 253 306 | 285 278 | 261 841 | 244 655 | 263 552 | 232 726 | 291 323 | 264 605 | 161 814 | 235 520 | 184 922 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -79 690 | -3937 | 9645 | -6035 | -15 740 | -8417 | 20 286 | 45 045 | 38 732 | 4960 | -6258 | -17 563 | 33 290 | 127 218 | 45 696 | 152 533 |
| Total equity | -47 015 | -50 952 | -46 053 | -52 088 | -89 855 | -98 272 | -94 341 | -49 296 | -10 564 | -35 604 | -41 860 | -59 423 | -26 133 | 101 085 | 66 781 | 179 314 |
| Income statement | ||||||||||||||||
| Sales revenue | 789 157 | 490 308 | 715 314 | 468 948 | 1 071 548 | 1 511 246 | 1 716 181 | 2 067 106 | 2 099 886 | 2 098 441 | 1 789 875 | 1 699 524 | 2 172 866 | 2 593 928 | 2 293 153 | 2 863 812 |
| Operating profit | -93 660 | -6115 | 11 956 | -5910 | -15 680 | -8417 | 20 286 | 50 012 | 38 732 | 4795 | -6257 | -17 563 | 33 404 | 127 276 | 65 724 | 162 523 |
| Profit before income tax | -93 917 | -2921 | 11 231 | -6035 | -15 740 | -8417 | 20 286 | 50 012 | 38 732 | 4960 | -6258 | -17 563 | 33 290 | 127 251 | 65 696 | 162 533 |
| Profit for the reporting year | -79 690 | -3937 | 9645 | -6035 | -15 740 | -8417 | 20 286 | 45 045 | 38 732 | 4960 | -6258 | -17 563 | 33 290 | 127 218 | 45 696 | 152 533 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 5 | 5 | 5 | 5 | 8 | 8 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 |
| Calculated dividend | 2000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 000 | 40 000 |
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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Summary: SIA "IECAVA B"
Overview
SIA "IECAVA B" (reg. no. 40003393382) is a limited liability company. The company was registered in 1998 and has been in the register for 28 years. Registered address: Rīga, Buru iela 16.
Financial results
Revenue in 2025 was 2 863 812 €, up 24,9% on the previous year (2 293 153 €). From 2010 to 2025, revenue grew by an average of 9,0% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 152 533 € (5,3% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 7 employees. Revenue per employee was 409 116 €. At the end of 2025, total assets were 364 236 € and equity 179 314 € (49,2% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.