Sabiedrība ar ierobežotu atbildību "TELENET"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 1 403 179 | 1 305 379 | 1 238 423 | 1 272 638 | 1 245 060 |
| Profit for the reporting year | 177 214 | -1477 | -182 410 | 51 148 | 31 940 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 736 460 | 755 799 | 634 675 | 609 633 | 655 078 |
| Total liabilities | 541 604 | 562 420 | 623 705 | 547 515 | 561 021 |
| Total equity | 194 856 | 193 379 | 10 970 | 62 118 | 94 057 |
| Employees | 39 | 38 | 34 | 31 | 29 |
| Calculated dividend | 54 854 | 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: Sabiedrība ar ierobežotu atbildību "TELENET"
Overview
Sabiedrība ar ierobežotu atbildību "TELENET" (reg. no. 40003615639) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Raunas iela 44 k-1.
Financial results
Revenue in 2023 was 1 245 060 €, down 2,2% on the previous year (1 272 638 €). From 2008 to 2023, revenue grew by an average of 41,5% per year. Net profit for 2023 was 31 940 € (2,6% of revenue). The company was profitable in 10 of the 16 published years. In 2023 the company had 29 employees (31 a year earlier). Revenue per employee was 42 933 €. At the end of 2023, total assets were 655 078 € and equity 94 057 € (14,4% of assets).
Management and owners
The board has 3 members. According to the register, the company has 2 owners. The largest stake (80%) is held by a private individual. The company holds stakes in 5 active Latvian companies.
Points to note
The latest published annual report is for 2023.
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.