SIA "Scandinavian World"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 327 085 € (25% 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 | 41 499 | 43 607 | 153 543 | 193 996 | 248 640 | 212 512 | 284 661 | 299 461 | 233 433 | 261 895 | 323 329 | 644 976 | 1 127 345 | 1 181 864 | 1 002 582 | 839 801 |
| Total non-current assets | 13 862 | 14 696 | 42 826 | 55 055 | 147 767 | 170 895 | 157 922 | 156 049 | 290 610 | 411 839 | 385 239 | 397 470 | 400 434 | 897 496 | 852 503 | 875 943 |
| Total assets | 55 361 | 58 303 | 196 369 | 249 051 | 396 407 | 383 407 | 442 583 | 455 510 | 524 043 | 673 734 | 708 568 | 1 042 446 | 1 527 779 | 2 079 360 | 1 855 085 | 1 715 744 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 12 748 | 10 085 | 20 058 | 10 612 | 21 057 | 15 471 | 56 434 | 45 048 | 66 467 | 339 347 | 270 883 | 170 888 | 210 809 | 370 082 | 523 533 | 343 156 |
| Non-current liabilities | 2793 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4370 |
| Total liabilities | 15 541 | 10 085 | 20 058 | 10 612 | 21 057 | 15 471 | 56 434 | 45 048 | 66 467 | 339 347 | 270 883 | 170 888 | 210 809 | 370 082 | 523 533 | 347 526 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 19 744 | 44 337 | 126 653 | 108 352 | 48 941 | -7971 | 78 538 | 69 312 | 134 615 | 196 926 | 103 298 | 433 873 | 771 961 | 697 221 | -188 725 | 363 751 |
| Total equity | 39 820 | 46 337 | 172 990 | 233 429 | 364 881 | 356 910 | 386 149 | 410 462 | 457 576 | 334 387 | 437 685 | 871 558 | 1 286 336 | 1 709 278 | 1 331 552 | 1 368 218 |
| Income statement | ||||||||||||||||
| Sales revenue | 53 476 | 106 139 | 226 299 | 237 531 | 235 269 | 173 653 | 295 802 | 468 854 | 573 778 | 701 472 | 761 871 | 1 182 483 | 1 729 379 | 1 952 529 | 1 500 328 | 2 106 065 |
| Operating profit | 22 904 | 51 437 | 147 585 | 126 699 | 60 245 | -8007 | 92 843 | 82 089 | 134 615 | 196 926 | 103 298 | 434 370 | 849 202 | 763 302 | -143 424 | 446 308 |
| Profit before income tax | 22 904 | 51 437 | 147 603 | 126 793 | 60 321 | -7971 | 92 843 | 82 089 | 134 615 | 196 926 | 103 298 | 434 370 | 849 732 | 764 300 | -138 490 | 446 101 |
| Profit for the reporting year | 19 744 | 44 337 | 126 653 | 108 352 | 48 941 | -7971 | 78 538 | 69 312 | 134 615 | 196 926 | 103 298 | 433 873 | 771 961 | 697 221 | -188 725 | 363 751 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 4 | 6 | 9 | 11 | 12 | 13 | 13 | 14 | 17 | 16 | 17 | 16 | 14 | 15 | 21 | 25 |
| Calculated dividend | — | 37 820 | 0 | 47 913 | 0 | 0 | 49 299 | 44 999 | 87 501 | 320 115 | 0 | 0 | 357 183 | 274 279 | 189 001 | 327 085 |
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 "Scandinavian World"
Overview
SIA "Scandinavian World" (reg. no. 40003603466) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Valērijas Seiles iela 7 - 61.
Financial results
Revenue in 2025 was 2 106 065 €, up 40,4% on the previous year (1 500 328 €). From 2010 to 2025, revenue grew by an average of 27,7% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 363 751 € (17,3% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 25 employees (21 a year earlier). Revenue per employee was 84 243 €. At the end of 2025, total assets were 1 715 744 € and equity 1 368 218 € (79,7% 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.