SIA "ICE REPUBLIC"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 3929 | 4467 | 6959 | 1841 | 5815 | 18 917 | 13 149 | 18 419 | 2757 | 3990 | 51 | 0 | 0 | 0 | 34 617 | 105 197 | 57 595 |
| Total non-current assets | 604 | 352 | 133 | 9 | 0 | 0 | 7248 | 7142 | 15 626 | 10 938 | 0 | 0 | 0 | 0 | 0 | 9098 | 19 487 |
| Total assets | 4533 | 4819 | 7092 | 1850 | 5815 | 18 917 | 20 397 | 25 561 | 18 383 | 14 928 | 51 | 0 | 0 | 0 | 34 617 | 114 295 | 77 082 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 7494 | 8047 | 5550 | 12 986 | 6397 | 17 658 | 2138 | 0 | 5615 | 6316 | 4380 | 5226 | 5310 | 6043 | 21 572 | 38 981 | 40 306 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 20 871 | 28 622 | 15 867 | 13 365 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7494 | 8047 | 5550 | 12 986 | 6397 | 17 658 | 23 009 | 28 622 | 21 482 | 19 681 | 4380 | 5226 | 5310 | 6043 | 21 572 | 38 981 | 40 306 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2054 | -267 | 4770 | -12 678 | 10 554 | 2087 | -3871 | -449 | -38 | -1653 | -2118 | -897 | -84 | -733 | 19 088 | 62 269 | -38 539 |
| Total equity | -2961 | -3228 | 1542 | -11 136 | -582 | 1259 | -2612 | -3061 | -3099 | -4753 | -4329 | -5226 | -5310 | -6043 | 13 045 | 75 314 | 36 776 |
| Income statement | |||||||||||||||||
| Sales revenue | 10 595 | 0 | 6185 | 17 560 | 25 574 | 42 110 | 0 | 4100 | 5924 | 5252 | 11 635 | 955 | 0 | 812 | 56 692 | 208 235 | 173 453 |
| Operating profit | -1790 | -267 | 4770 | -12 678 | 10 570 | 2753 | -3648 | -263 | -6268 | -1653 | -2118 | -897 | -84 | -633 | 19 138 | 62 269 | -38 539 |
| Profit before income tax | -2054 | -267 | 4770 | -12 678 | 10 554 | 2087 | -3871 | -449 | -38 | -1653 | -2118 | -897 | -84 | -633 | 19 138 | 62 269 | -38 539 |
| Profit for the reporting year | -2054 | -267 | 4770 | -12 678 | 10 554 | 2087 | -3871 | -449 | -38 | -1653 | -2118 | -897 | -84 | -733 | 19 088 | 62 269 | -38 539 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 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.
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Summary: SIA "ICE REPUBLIC"
Overview
SIA "ICE REPUBLIC" (reg. no. 40003665771) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Duntes iela 17.
Financial results
Revenue in 2025 was 173 453 €, down 16,7% on the previous year (208 235 €). From 2009 to 2025, revenue grew by an average of 19,1% per year. 2025 ended with a loss of 38 539 €. The company was profitable in 5 of the 17 published years. In 2025 the company had 1 employees. Revenue per employee was 173 453 €. At the end of 2025, total assets were 77 082 € and equity 36 776 € (47,7% 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.