"REFS" SIAActive

40003677056Limited liability companyFounded 2004

Key figures

74 487 €+9,1%
Revenue 2025
+11,0%
Average annual growth 2008–2025
050 k100 k150 k200 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets23722366319311804775481312 202923774096742469611 234544278379712594337932077
Total non-current assets2324006091028992536 88436 01822021697332642415659791110 0074181268011 990
Total assets4696236631931789580314 73849 08645 25596118439802215 47511 10115 74819 71910 124647314 067
Balance sheet — liabilities and equity
Current liabilities14 54312 28616 13913 81416 77224 32337 33048 54323 79010 53214 03519 99835 80817 73114 25013 04432 42721 132
Non-current liabilities00000023 85110 385000487427311241880000
Total liabilities14 54312 28616 13913 81416 77224 32361 18158 92823 79010 53214 03524 87238 53918 97215 13013 04432 42721 132
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year-3930-74-3026673105613851543-1578-17512 085-3851-3383-18 04124 2147813-7510-23 03410 889
Total equity-9847-9920-12 946-12 273-11 217-9833-12 448-14 026-14 247-2161-6013-9397-27 438-32244589-2920-25 954-7065
Income statement
Sales revenue12 62616 60731 27249 46955 73560 59167 38951 91054 96763 40775 59983 61989 268118 129108 449180 55368 25674 487
Operating profit-3930-74-3026673105613851543-83324812 681-3851-3383-18 04124 2147813-7510-23 03410 906
Profit before income tax-3930-74-3026673105613851543-1578-17512 681-3851-3383-18 04124 2147813-7510-23 03410 889
Profit for the reporting year-3930-74-3026673105613851543-1578-17512 085-3851-3383-18 04124 2147813-7510-23 03410 889
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees225221122222221111
Calculated dividend000000000000000000

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
100%"REFS" SIAMastiņš Renārs
CompanyPersonShareholderOther roleAdditional link

Summary: "REFS" SIA

Overview

"REFS" SIA (reg. no. 40003677056) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Olaines nov., Olaine, Dalbes iela 8 - 81.

Financial results

Revenue in 2025 was 74 487 €, up 9,1% on the previous year (68 256 €). From 2008 to 2025, revenue grew by an average of 11,0% per year. Net profit for 2025 was 10 889 € (14,6% of revenue). The company was profitable in 8 of the 18 published years. In 2025 the company had 1 employees. Revenue per employee was 74 487 €.

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 2025 (-7065 €).

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.