"TITUL" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 60 000 € (25% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
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 | 79 104 | 52 661 | 125 221 | 86 636 | 173 966 | 123 979 | 143 976 | 173 652 | 148 692 | 188 884 | 340 561 | 189 528 | 157 942 | 349 207 | 296 478 | 303 002 | 417 379 |
| Total non-current assets | 113 132 | 102 687 | 53 555 | 34 190 | 24 633 | 88 959 | 129 103 | 122 529 | 132 065 | 121 465 | 102 687 | 59 541 | 55 966 | 44 738 | 86 773 | 97 363 | 136 005 |
| Total assets | 192 236 | 155 348 | 178 776 | 120 826 | 198 599 | 212 938 | 273 079 | 296 181 | 280 757 | 310 349 | 443 248 | 249 069 | 213 908 | 393 945 | 383 251 | 400 365 | 553 384 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 146 247 | 109 951 | 115 232 | 49 355 | 30 120 | 48 128 | 39 219 | 83 981 | 86 963 | 78 672 | 76 536 | 41 368 | 70 188 | 126 268 | 149 654 | 161 572 | 158 987 |
| Non-current liabilities | 0 | 205 | 0 | 0 | 0 | 3235 | 4170 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 146 247 | 110 156 | 115 232 | 49 355 | 30 120 | 51 363 | 43 389 | 83 981 | 86 963 | 78 672 | 76 536 | 41 368 | 70 188 | 126 268 | 149 654 | 161 572 | 158 987 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -69 192 | -1050 | 17 718 | 8958 | 114 583 | 151 060 | 137 134 | 126 860 | 190 594 | 217 883 | 175 035 | -119 011 | -3981 | 183 957 | -18 080 | 15 196 | 215 604 |
| Total equity | 42 317 | 41 267 | 58 985 | 67 943 | 163 736 | 154 035 | 221 169 | 212 200 | 193 794 | 231 677 | 366 712 | 207 701 | 143 720 | 267 677 | 233 597 | 238 793 | 394 397 |
| Income statement | |||||||||||||||||
| Sales revenue | 416 080 | 368 980 | 445 344 | 447 848 | 542 060 | 911 840 | 917 937 | 939 028 | 1 222 408 | 1 372 924 | 1 417 391 | 653 223 | 501 605 | 1 756 914 | 1 991 168 | 2 003 918 | 2 229 488 |
| Operating profit | -69 204 | -957 | 18 231 | 8935 | 125 907 | 179 218 | 161 786 | 148 246 | 217 968 | 217 901 | 183 153 | -108 920 | 11 181 | 199 053 | -13 813 | 17 786 | 230 643 |
| Profit before income tax | -69 192 | -1050 | 17 718 | 8958 | 126 561 | 179 393 | 161 925 | 148 246 | 217 968 | 217 901 | 183 153 | -108 920 | 11 181 | 199 053 | -13 813 | 17 786 | 230 643 |
| Profit for the reporting year | -69 192 | -1050 | 17 718 | 8958 | 114 583 | 151 060 | 137 134 | 126 860 | 190 594 | 217 883 | 175 035 | -119 011 | -3981 | 183 957 | -18 080 | 15 196 | 215 604 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 43 | 32 | 32 | 47 | 42 | 48 | 46 | 45 | 49 | 47 | 49 | 43 | 35 | 44 | 50 | 49 | 45 |
| Calculated dividend | 9800 | 0 | 0 | 0 | 0 | 230 000 | 70 000 | 135 829 | 209 000 | 180 000 | 40 000 | 40 000 | 60 000 | 60 000 | 16 000 | 10 000 | 60 000 |
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: "TITUL" SIA
Overview
"TITUL" SIA (reg. no. 40003792287) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Rīga, Slokas iela 49.
Financial results
Revenue in 2025 was 2 229 488 €, up 11,3% on the previous year (2 003 918 €). From 2009 to 2025, revenue grew by an average of 11,1% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 215 604 € (9,7% of revenue). The company was profitable in 12 of the 17 published years. In 2025 the company had 45 employees (49 a year earlier). Revenue per employee was 49 544 €. At the end of 2025, total assets were 553 384 € and equity 394 397 € (71,3% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (45,5%) 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.