SIA ARMETECHActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 38 724 | 54 253 | 64 166 | 58 670 | 160 934 | 169 575 | 263 066 | 336 728 | 592 325 | 598 560 | 487 475 | 466 880 | 475 934 | 581 774 | 675 481 | 898 715 | 1 062 437 | 1 216 274 |
| Total non-current assets | 2270 | 984 | 214 | 435 | 4873 | 18 790 | 27 544 | 60 935 | 61 051 | 41 081 | 306 862 | 344 806 | 372 213 | 411 133 | 486 812 | 519 867 | 534 811 | 585 736 |
| Total assets | 40 994 | 55 237 | 64 380 | 59 105 | 165 807 | 188 365 | 290 610 | 397 663 | 653 376 | 639 641 | 794 337 | 811 686 | 848 147 | 992 907 | 1 162 293 | 1 418 582 | 1 597 248 | 1 802 010 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 664 | 1431 | 6300 | 55 416 | 125 063 | 109 669 | 179 492 | 256 370 | 490 163 | 464 952 | 407 091 | 321 431 | 326 854 | 197 504 | 130 808 | 133 600 | 156 437 | 163 930 |
| Non-current liabilities | 35 533 | 52 216 | 57 759 | 3621 | 5682 | 15 632 | 10 826 | 37 036 | 53 670 | 43 620 | 200 480 | 270 792 | 249 587 | 278 643 | 287 185 | 280 185 | 262 425 | 285 356 |
| Total liabilities | 36 197 | 53 647 | 64 059 | 59 037 | 130 745 | 125 301 | 190 318 | 293 406 | 543 833 | 508 572 | 607 571 | 592 223 | 576 441 | 476 147 | 417 993 | 413 785 | 418 862 | 449 286 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6276 | -412 | -1269 | -253 | 994 | 1002 | 10 561 | 3965 | 5286 | 21 526 | 55 697 | 32 697 | 41 929 | 255 367 | 227 540 | 260 497 | 173 589 | 174 338 |
| Total equity | 4797 | 1590 | 321 | 68 | 35 062 | 63 064 | 100 292 | 104 257 | 109 543 | 131 069 | 186 766 | 219 463 | 271 706 | 516 760 | 744 300 | 1 004 797 | 1 178 386 | 1 352 724 |
| Income statement | ||||||||||||||||||
| Sales revenue | 88 042 | 30 466 | 29 674 | 101 861 | 267 769 | 360 610 | 601 177 | 527 674 | 1 409 914 | 1 579 890 | 1 105 975 | 846 394 | 840 465 | 1 834 702 | 2 124 444 | 1 682 650 | 1 623 355 | 1 914 773 |
| Operating profit | 6759 | -485 | -1294 | -290 | -648 | -22 321 | 6903 | -30 083 | 6892 | 26 657 | 59 604 | 37 933 | 46 842 | 261 936 | 232 950 | 258 640 | 177 603 | 178 902 |
| Profit before income tax | 6788 | -480 | -1269 | -253 | 994 | 1002 | 11 208 | 3965 | 5834 | 26 325 | 55 697 | 32 697 | 41 929 | 255 367 | 227 540 | 260 497 | 173 589 | 174 338 |
| Profit for the reporting year | 6276 | -412 | -1269 | -253 | 994 | 1002 | 10 561 | 3965 | 5286 | 21 526 | 55 697 | 32 697 | 41 929 | 255 367 | 227 540 | 260 497 | 173 589 | 174 338 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 1 | 0 | 0 | 0 | 3 | 3 | 4 | 5 | 10 | 13 | 12 | 12 | 10 | 10 | 9 | 9 | 9 | 9 |
| Calculated dividend | 0 | 2796 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 313 | 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 ARMETECH
Overview
SIA ARMETECH (reg. no. 40003814527) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Jelgavas nov., Ozolnieku pag., Ozolnieki, Kopiela 4.
Financial results
Revenue in 2025 was 1 914 773 €, up 18,0% on the previous year (1 623 355 €). From 2008 to 2025, revenue grew by an average of 19,9% per year. Net profit for 2025 was 174 338 € (9,1% of revenue). The company was profitable in 15 of the 18 published years. In 2025 the company had 9 employees. Revenue per employee was 212 753 €. At the end of 2025, total assets were 1 802 010 € and equity 1 352 724 € (75,1% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (96,5%) 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.