"Team ET Estates" SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 80 000 € (28% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 34 136 | 17 663 | 69 065 | 126 268 | 121 296 | 75 261 | 31 354 | 55 668 | 97 201 | 18 771 | 2590 | 19 163 | 104 940 | 14 315 | 28 920 | 33 682 |
| Total non-current assets | 185 813 | 181 319 | 174 386 | 236 011 | 260 095 | 247 345 | 328 868 | 437 622 | 420 493 | 394 573 | 368 653 | 342 733 | 316 813 | 290 894 | 264 974 | 239 054 |
| Total assets | 219 949 | 198 982 | 243 451 | 362 279 | 381 391 | 322 606 | 360 222 | 493 290 | 517 694 | 413 344 | 371 243 | 361 896 | 421 753 | 305 209 | 293 894 | 272 736 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 97 506 | 13 143 | 3847 | 7118 | 7156 | 2992 | 1033 | 69 808 | 2310 | 282 965 | 142 360 | 43 812 | 2685 | 103 102 | 8121 | 8417 |
| Non-current liabilities | 4257 | 4481 | 4600 | 6515 | 6632 | 6510 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 101 763 | 17 624 | 8447 | 13 633 | 13 788 | 9502 | 1033 | 69 808 | 2310 | 282 965 | 142 360 | 43 812 | 2685 | 103 102 | 8121 | 8417 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 56 263 | 83 172 | 93 646 | 142 324 | 158 957 | 88 561 | 83 575 | 124 294 | 158 135 | 65 030 | 98 504 | 89 201 | 100 984 | 33 039 | 83 666 | 58 546 |
| Total equity | 118 186 | 181 358 | 235 004 | 348 646 | 367 603 | 313 104 | 359 189 | 423 482 | 515 384 | 130 379 | 228 883 | 318 084 | 419 068 | 202 107 | 285 773 | 264 319 |
| Income statement | ||||||||||||||||
| Sales revenue | 79 698 | 107 879 | 120 000 | 182 030 | 204 600 | 120 000 | 120 000 | 157 200 | 187 000 | 132 000 | 132 000 | 132 000 | 132 000 | 132 000 | 140 000 | 180 000 |
| Operating profit | 69 144 | 99 356 | 109 985 | 168 175 | 187 841 | 105 132 | 97 750 | 135 911 | 158 135 | 104 776 | 105 141 | 93 264 | 101 514 | 95 539 | 83 666 | 80 873 |
| Profit before income tax | 66 786 | 97 869 | 109 960 | 168 175 | 187 758 | 105 089 | 97 750 | 135 911 | 158 135 | 104 156 | 98 554 | 89 201 | 100 984 | 95 539 | 83 666 | 78 546 |
| Profit for the reporting year | 56 263 | 83 172 | 93 646 | 142 324 | 158 957 | 88 561 | 83 575 | 124 294 | 158 135 | 65 030 | 98 504 | 89 201 | 100 984 | 33 039 | 83 666 | 58 546 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 20 000 | 40 000 | 28 682 | 140 000 | 143 060 | 37 490 | 60 001 | 66 233 | 450 035 | 0 | 0 | 0 | 250 000 | 0 | 80 000 |
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: "Team ET Estates" SIA
Overview
"Team ET Estates" SIA (reg. no. 40003823765) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Siguldas nov., Krimuldas pag., Inciems, "Vētras".
Financial results
Revenue in 2025 was 180 000 €, up 28,6% on the previous year (140 000 €). From 2010 to 2025, revenue grew by an average of 5,6% per year. Net profit for 2025 was 58 546 € (32,5% of revenue). The company was profitable in all 16 published years. In 2025 the company had 1 employees. Revenue per employee was 180 000 €. At the end of 2025, total assets were 272 736 € and equity 264 319 € (96,9% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Team ET AB.
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.