Sabiedrība ar ierobežotu atbildību "Evolution Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 15 213 306 € (23% of equity at the end of the previous year).
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 | 337 587 | 425 470 | 354 666 | 1 314 449 | 2 717 266 | 5 281 309 | 4 050 373 | 7 656 950 | 12 353 483 | 21 386 579 | 31 628 871 | 23 593 902 | 32 351 829 | 45 234 240 | 56 093 720 | 59 301 177 | 50 528 564 |
| Total non-current assets | 69 028 | 255 519 | 1 053 154 | 1 768 056 | 2 139 641 | 2 846 824 | 4 837 428 | 8 205 932 | 11 077 011 | 10 416 693 | 8 422 295 | 9 017 421 | 9 084 332 | 9 653 708 | 10 437 302 | 22 074 699 | 23 619 345 |
| Total assets | 406 615 | 680 989 | 1 407 820 | 3 082 505 | 4 856 907 | 8 128 133 | 8 887 801 | 15 862 882 | 23 430 494 | 31 803 272 | 40 051 166 | 32 611 323 | 41 436 161 | 54 887 948 | 66 531 022 | 81 375 876 | 74 147 909 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 232 708 | 384 182 | 732 953 | 1 540 669 | 2 062 170 | 2 541 944 | 4 239 895 | 6 885 715 | 8 871 288 | 9 425 622 | 10 278 654 | 10 019 713 | 10 465 007 | 14 210 363 | 14 767 281 | 14 079 598 | 13 727 479 |
| Non-current liabilities | 0 | 23 535 | 64 852 | 86 066 | 111 131 | 136 590 | 251 439 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 232 708 | 407 717 | 797 805 | 1 626 735 | 2 173 301 | 2 678 534 | 4 491 334 | 6 885 715 | 8 871 288 | 9 425 622 | 10 278 654 | 10 019 713 | 10 465 007 | 14 210 363 | 14 767 281 | 14 079 598 | 13 727 479 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 94 974 | 161 321 | 336 743 | 845 755 | 1 227 836 | 1 631 170 | 2 446 868 | 4 008 918 | 6 153 821 | 7 818 444 | 7 394 862 | 7 375 458 | 8 379 544 | 9 706 431 | 11 086 156 | 11 657 611 | 8 337 458 |
| Total equity | 113 814 | 273 272 | 610 015 | 1 455 770 | 2 683 606 | 5 449 599 | 4 396 467 | 8 405 385 | 14 559 206 | 22 377 650 | 29 772 512 | 22 591 610 | 30 971 154 | 40 677 585 | 51 763 741 | 67 296 278 | 60 420 430 |
| Income statement | |||||||||||||||||
| Sales revenue | 2 027 099 | 3 216 821 | 6 658 101 | 13 675 635 | 19 846 512 | 26 784 455 | 37 946 530 | 58 282 708 | 73 518 557 | 89 011 789 | 89 941 748 | 86 295 361 | 94 327 658 | 113 342 279 | 126 811 799 | 134 903 391 | 134 711 671 |
| Operating profit | 114 586 | 197 181 | 387 858 | 1 129 142 | 1 534 128 | 1 998 272 | 3 020 161 | 4 901 112 | 6 678 916 | 7 918 509 | 7 509 814 | 7 435 558 | 8 539 351 | 9 897 331 | 10 869 907 | 10 814 284 | 11 433 632 |
| Profit before income tax | 114 605 | 197 191 | 400 099 | 1 015 088 | 1 470 251 | 1 991 409 | 3 007 654 | 4 915 547 | 6 691 126 | 7 894 191 | 7 485 001 | 7 445 754 | 8 467 182 | 9 823 409 | 11 204 199 | 11 834 995 | 12 250 113 |
| Profit for the reporting year | 94 974 | 161 321 | 336 743 | 845 755 | 1 227 836 | 1 631 170 | 2 446 868 | 4 008 918 | 6 153 821 | 7 818 444 | 7 394 862 | 7 375 458 | 8 379 544 | 9 706 431 | 11 086 156 | 11 657 611 | 8 337 458 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 172 | 245 | 446 | 759 | 1026 | 1062 | 1318 | 2285 | 2967 | 3560 | 3454 | 2957 | 2876 | 2907 | 3149 | 3372 | 3586 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 3 500 000 | 0 | 0 | 0 | 0 | 14 556 360 | 0 | 0 | 0 | 0 | 15 213 306 |
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
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Summary: Sabiedrība ar ierobežotu atbildību "Evolution Latvia"
Overview
Sabiedrība ar ierobežotu atbildību "Evolution Latvia" (reg. no. 40003815611) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Brīvības iela 151.
Financial results
Revenue in 2025 was 134 711 671 €, on a par with the previous year. From 2009 to 2025, revenue grew by an average of 30,0% per year. Net profit for 2025 was 8 337 458 € (6,2% of revenue). The company was profitable in all 17 published years. In 2025 the company had 3586 employees (3372 a year earlier). Revenue per employee was 37 566 €. At the end of 2025, total assets were 74 147 909 € and equity 60 420 430 € (81,5% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Evolution Malta Holding Limited. The company holds a stake in one other active Latvian company.
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.