SIA "SWH SETS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 590 116 | 827 556 | 944 271 | 868 374 | 1 372 841 | 1 075 062 | 848 464 | 663 895 | 846 293 | 1 101 783 | 1 100 147 | 1 109 077 | 1 604 756 | 1 425 900 | 1 068 822 | 650 909 |
| Total non-current assets | 78 374 | 66 167 | 87 535 | 88 238 | 113 015 | 128 649 | 77 586 | 87 157 | 79 821 | 105 756 | 81 077 | 98 826 | 67 601 | 105 810 | 133 727 | 121 676 |
| Total assets | 668 490 | 893 723 | 1 031 806 | 956 612 | 1 485 856 | 1 203 711 | 926 050 | 751 052 | 926 114 | 1 207 539 | 1 181 224 | 1 207 903 | 1 672 357 | 1 531 710 | 1 202 549 | 772 585 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 322 354 | 280 970 | 330 423 | 275 822 | 587 640 | 400 281 | 379 856 | 362 112 | 399 380 | 631 144 | 416 376 | 394 810 | 468 387 | 429 401 | 333 858 | 466 593 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 322 354 | 280 970 | 330 423 | 275 822 | 587 640 | 400 281 | 379 856 | 362 112 | 399 380 | 631 144 | 416 376 | 394 810 | 468 387 | 429 401 | 333 858 | 466 593 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 100 980 | 266 617 | 199 742 | 90 519 | 96 208 | 16 325 | -128 529 | -157 254 | 137 794 | 288 661 | 188 453 | 48 245 | 390 877 | -101 661 | -233 618 | -562 699 |
| Total equity | 346 136 | 612 753 | 701 383 | 680 790 | 898 216 | 803 430 | 546 194 | 388 940 | 526 734 | 576 395 | 764 848 | 813 093 | 1 203 970 | 1 102 309 | 868 691 | 305 992 |
| Income statement | ||||||||||||||||
| Sales revenue | 1 501 620 | 1 956 957 | 2 007 710 | 1 861 418 | 2 944 533 | 2 659 542 | 2 010 349 | 1 871 907 | 2 180 744 | 3 157 736 | 2 705 868 | 2 469 594 | 3 728 996 | 3 521 216 | 3 020 559 | 2 614 518 |
| Operating profit | 108 708 | 304 199 | 240 357 | 104 379 | 110 217 | 19 936 | -128 697 | -157 391 | 141 832 | 290 307 | 189 688 | 48 400 | 395 976 | -98 419 | -233 362 | -557 891 |
| Profit before income tax | 116 179 | 310 677 | 228 762 | 101 221 | 110 848 | 21 062 | -128 529 | -157 254 | 141 832 | 290 307 | 189 688 | 48 400 | 395 976 | -98 419 | -227 629 | -555 625 |
| Profit for the reporting year | 100 980 | 266 617 | 199 742 | 90 519 | 96 208 | 16 325 | -128 529 | -157 254 | 137 794 | 288 661 | 188 453 | 48 245 | 390 877 | -101 661 | -233 618 | -562 699 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 52 | 53 | 51 | 50 | 45 | 44 | 42 | 41 | 41 | 50 | 51 | 43 | 44 | 40 | 36 | 34 |
| Calculated dividend | 0 | 0 | 111 112 | 111 111 | 166 667 | 111 111 | 128 707 | 0 | 0 | 239 000 | 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 "SWH SETS"
Overview
SIA "SWH SETS" (reg. no. 40003524397) is a limited liability company. The company was registered in 2000 and has been in the register for 25 years. Registered address: Rīga, Pulkveža Brieža iela 19.
Financial results
Revenue in 2025 was 2 614 518 €, down 13,4% on the previous year (3 020 559 €). From 2010 to 2025, revenue grew by an average of 3,8% per year. 2025 ended with a loss of 562 699 €. The company was profitable in 11 of the 16 published years. In 2025 the company had 34 employees (36 a year earlier). Revenue per employee was 76 898 €. At the end of 2025, total assets were 772 585 € and equity 305 992 € (39,6% of assets).
Management and owners
The board has 3 members. According to the register, the company has 11 owners. The largest stake (40%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.