SIA "SIMPLE WAY AUDIO"Active
Key figures
Ratios
2020Balance sheet structure
Summary of financial statements2009–2020
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 1782 | 1700 | 1754 | 1813 | 2952 | 5825 | 2660 | 5741 | 838 | 2468 | 1894 | 5414 |
| Total non-current assets | 2918 | 27 | 143 | 1136 | 7128 | 8436 | 6589 | 3897 | 1911 | 910 | 0 | 0 |
| Total assets | 4700 | 1727 | 1897 | 2949 | 10 080 | 14 261 | 9249 | 9638 | 2749 | 3378 | 1894 | 5414 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 22 786 | 22 774 | 22 753 | 23 902 | 36 629 | 47 134 | 53 276 | 64 716 | 68 909 | 45 370 | 40 454 | 37 005 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 594 | 31 250 | 24 520 |
| Total liabilities | 22 786 | 22 774 | 22 753 | 23 902 | 36 629 | 47 134 | 53 276 | 64 716 | 68 909 | 74 964 | 71 704 | 61 525 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -12 278 | -3079 | 191 | -96 | -5596 | 4908 | -11 160 | -10 476 | -11 082 | -5426 | -1064 | 10 859 |
| Total equity | -18 086 | -21 047 | -20 856 | -20 953 | -26 549 | -32 873 | -44 027 | -55 078 | -66 160 | -71 586 | -69 810 | -56 111 |
| Income statement | ||||||||||||
| Sales revenue | 3003 | 864 | 1928 | 4753 | 8468 | 40 477 | 33 612 | 28 874 | 23 859 | 29 950 | 25 851 | 34 248 |
| Operating profit | -11 732 | -2669 | 191 | -96 | -5596 | 4908 | -11 160 | -10 159 | -11 043 | -5439 | -1064 | 10 859 |
| EBITDA | — | — | — | — | -4262 | 9587 | -6373 | -7467 | -9057 | -4439 | -1064 | 10 859 |
| Profit before income tax | -12 278 | -3079 | 191 | -96 | -5596 | 4908 | -11 160 | -10 159 | -11 082 | -5426 | -1064 | 10 859 |
| Profit for the reporting year | -12 278 | -3079 | 191 | -96 | -5596 | 4908 | -11 160 | -10 476 | -11 082 | -5426 | -1064 | 10 859 |
| Labour costs | — | — | — | — | 1905 | 7099 | 5922 | 6072 | 6665 | 12 721 | 10 999 | 7776 |
| Depreciation of non-current assets | — | — | — | — | 1334 | 4679 | 4787 | 2692 | 1986 | 1000 | 0 | 0 |
| Other indicators | ||||||||||||
| Employees | 1 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 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.
Connections graph
Summary: SIA "SIMPLE WAY AUDIO"
Overview
SIA "SIMPLE WAY AUDIO" (reg. no. 40003625552) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Jūrmala, Varavīksnes iela 5 - 4.
Financial results
Revenue in 2020 was 34 248 €, up 32,5% on the previous year (25 851 €). From 2009 to 2020, revenue grew by an average of 24,8% per year. Net profit for 2020 was 10 859 € (31,7% of revenue). The company was profitable in 3 of the 12 published years. In 2020 the company had 2 employees. Revenue per employee was 17 124 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2020 (-56 111 €). The latest published annual report is for 2020.
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.