Sabiedrība ar ierobežotu atbildību "Lattelecom"Active

40003754567Limited liability companyFounded 2005

Key figures

130 920 €-65,9%

Revenue 2025

-26,0%

Average annual change 2010–2025

Ratios

2025

-9,9%

EBITDA margin

-107,9%

Profit margin

23,6%

Equity ratio

0,9×

Current ratio

-13,2%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

2021 ~303 085 €

2020 ~195 702 €

20190 €

20180 €

2017 ~907 336 €

2016765 248 €

2015507 099 €

2014569 428 €

2013742 402 €

2012551 373 €

2011782 643 €

20101 200 000 €

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	1 642 938	1 206 006	1 234 604	861 610	1 235 534	1 542 692	1 842 407	524 046	143 822	134 105	88 587	130 123	27 579	71 968	2876	14 185
Total non-current assets	1 684 960	958 510	835 902	670 509	676 568	346 431	231 704	0	4 455 855	4 489 323	4 606 021	4 901 421	4 811 203	5 040 932	4 552 383	4 544 573
Total assets	3 327 898	2 164 516	2 070 506	1 532 119	1 912 102	1 889 123	2 074 111	524 046	4 599 677	4 623 428	4 694 608	5 031 544	4 838 782	5 112 900	4 555 259	4 558 758
Balance sheet — liabilities and equity
Current liabilities	2 460 048	1 379 727	1 111 579	917 121	1 102 500	821 373	864 273	11 000	9975	11 200	61 787	367 945	3 064 602	84 017	82 807	16 311
Non-current liabilities	25 283	20 816	3925	2202	0	0	0	0	2 823 902	2 565 100	2 451 463	2 691 385	0	3 202 804	3 257 034	3 468 337
Total liabilities	2 485 331	1 400 543	1 115 504	919 323	1 102 500	821 373	864 273	11 000	2 833 877	2 576 300	2 513 250	3 059 330	3 064 602	3 286 821	3 339 841	3 484 648
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	629 967	551 373	742 402	400 196	507 099	765 248	907 336	210 544	-36 702	281 328	329 932	93 941	-198 034	51 899	-610 661	-141 308
Total equity	842 567	763 973	955 002	612 796	809 602	1 067 750	1 209 838	513 046	1 765 800	2 047 128	2 181 358	1 972 214	1 774 180	1 826 079	1 215 418	1 074 110
Income statement
Sales revenue	12 050 108	5 440 075	4 006 834	3 145 775	4 035 880	4 525 951	4 627 026	1 727 736	2214	0	293 256	294 229	339 630	393 287	384 315	130 920
Operating profit	771 899	674 443	887 116	485 896	640 449	909 936	1 077 321	251 289	-31 665	-19 254	26 328	7401	-351 172	219 652	-922 976	-12 907
EBITDA	1 182 249	1 023 968	1 111 968	652 279	844 024	1 077 436	1 213 414	299 096	-30 768	-18 976	26 328	7401	-347 981	222 843	-919 785	-12 907
Profit before income tax	762 907	667 452	882 646	484 533	641 004	910 014	1 077 046	251 147	-36 702	281 328	329 932	93 941	-197 997	51 899	-610 661	-140 913
Profit for the reporting year	629 967	551 373	742 402	400 196	507 099	765 248	907 336	210 544	-36 702	281 328	329 932	93 941	-198 034	51 899	-610 661	-141 308
Labour costs	7 924 114	2 637 848	1 674 901	1 407 088	1 758 444	1 958 063	2 072 784	1 004 950	25 459	14 295	229 246	242 500	241 092	269 211	274 020	94 366
Depreciation of non-current assets	410 350	349 525	224 852	166 383	203 575	167 500	136 093	47 807	897	278	0	0	3191	3191	3191	0
Other indicators
Employees	548	243	159	143	123	120	117	56	0	0	10	10	10	11	10	4
Calculated dividend	1 200 000	782 643	551 373	742 402	569 428	507 099	765 248	907 336	0	0	195 702	303 085	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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Related companies

Companies in which this company is a member

Sabiedrība ar ierobežotu atbildību "Data Experts" — 100%
Sabiedrība ar ierobežotu atbildību "Helio Media" — 100%
Sabiedrība ar ierobežotu atbildību "Overkill Ventures AIFP" — 35%
SWG Riga Fund 1 SIA — 27,12%
SIA "IT KOMPETENCES CENTRS" — 14,49%

Shared members or board members

Same registered address

Summary: Sabiedrība ar ierobežotu atbildību "Lattelecom"

Overview

Sabiedrība ar ierobežotu atbildību "Lattelecom" (reg. no. 40003754567) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Rīga, Dzirnavu iela 105.

Financial results

Revenue in 2025 was 130 920 €, down 65,9% on the previous year (384 315 €). From 2010 to 2025, revenue declined by an average of 26,0% per year. 2025 ended with a loss of 141 308 €. The company was profitable in 12 of the 16 published years. In 2025 the company had 4 employees (10 a year earlier). Revenue per employee was 32 730 €. At the end of 2025, total assets were 4 558 758 € and equity 1 074 110 € (23,6% of assets).

Management and owners

The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "Lattelecom". The company holds stakes in 5 active Latvian companies.

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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.