SIA "FLEX SOLUTIONS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 58 493 | 53 327 | 33 824 | 82 976 | 90 712 | 84 532 | 60 793 | 47 339 | 21 935 | 99 173 | 217 169 | 121 435 | 14 444 | 19 667 | 72 031 |
| Total non-current assets | 21 475 | 36 703 | 47 938 | 66 233 | 48 417 | 68 163 | 50 299 | 77 840 | 78 885 | 92 592 | 285 362 | 669 481 | 715 984 | 671 212 | 605 295 |
| Total assets | 79 968 | 90 030 | 81 762 | 149 209 | 139 129 | 152 695 | 111 092 | 125 179 | 100 820 | 191 765 | 502 531 | 790 916 | 730 428 | 690 879 | 677 326 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 53 510 | 42 986 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-current liabilities | 35 899 | 45 948 | 80 044 | 75 573 | 71 573 | 84 334 | 31 353 | 53 606 | 22 881 | 76 374 | 298 099 | 608 012 | 570 442 | 543 665 | 528 240 |
| Total liabilities | 89 409 | 88 934 | 80 044 | 75 573 | 71 573 | 84 334 | 31 353 | 53 606 | 22 881 | 76 374 | 298 099 | 608 012 | 570 442 | 543 665 | 528 240 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1464 | 10 538 | 621 | 71 192 | 527 | 844 | 11 379 | 10 056 | 54 316 | 48 181 | 89 042 | -21 528 | -22 919 | -12 772 | 1871 |
| Total equity | -9441 | 1096 | 1718 | 73 636 | 67 556 | 68 361 | 79 739 | 71 573 | 77 939 | 115 391 | 204 432 | 182 904 | 159 986 | 147 214 | 149 086 |
| Income statement | |||||||||||||||
| Sales revenue | 96 156 | 111 841 | 79 788 | 203 994 | 72 423 | 73 011 | 80 313 | 84 982 | 168 265 | 333 031 | 278 164 | 49 656 | 117 912 | 65 561 | 125 555 |
| Operating profit | 1940 | 10 693 | 621 | 71 170 | 823 | 723 | 11 967 | 10 512 | 54 441 | 48 181 | 100 675 | -6117 | -1383 | 9158 | 23 076 |
| Profit before income tax | 1464 | 10 538 | 621 | 71 192 | 527 | 844 | 11 379 | 10 056 | 54 316 | 48 181 | 89 042 | -21 528 | -22 919 | -12 772 | 1871 |
| Profit for the reporting year | 1464 | 10 538 | 621 | 71 192 | 527 | 844 | 11 379 | 10 056 | 54 316 | 48 181 | 89 042 | -21 528 | -22 919 | -12 772 | 1871 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 4 | 4 | 3 | 2 | 1 | 1 | 1 | 3 | 4 | 7 | 4 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 6607 | 0 | 0 | 18 222 | 47 950 | 10 729 | 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 "FLEX SOLUTIONS"
Overview
SIA "FLEX SOLUTIONS" (reg. no. 40003638453) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Rūpniecības iela 27 - 116.
Financial results
Revenue in 2025 was 125 555 €, up 91,5% on the previous year (65 561 €). From 2011 to 2025, revenue grew by an average of 1,9% per year. Net profit for 2025 was 1871 € (1,5% of revenue). The company was profitable in 12 of the 15 published years. In 2025 the company had 2 employees. Revenue per employee was 62 778 €. At the end of 2025, total assets were 677 326 € and equity 149 086 € (22,0% 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.