SIA LTECHActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 300 002 € (53% 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 | 12 919 | 16 739 | 19 400 | 20 967 | 36 427 | 44 811 | 56 403 | 71 020 | 87 325 | 113 790 | 175 794 | 294 432 | 491 328 | 676 965 | 690 661 | 1 059 350 |
| Total non-current assets | 9546 | 5810 | 4002 | 1648 | 1337 | 1243 | 29 214 | 20 212 | 13 143 | 6452 | 2620 | 11 888 | 11 489 | 95 425 | 78 868 | 79 184 |
| Total assets | 22 465 | 22 549 | 23 402 | 22 615 | 37 764 | 46 054 | 85 617 | 91 232 | 100 468 | 120 242 | 178 414 | 306 320 | 502 817 | 772 390 | 769 529 | 1 138 534 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 20 163 | 18 802 | 14 935 | 11 561 | 21 750 | 11 836 | 30 734 | 23 628 | 26 308 | 21 122 | 80 787 | 113 101 | 88 738 | 214 799 | 201 607 | 573 137 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63 | 27 |
| Total liabilities | 20 163 | 18 802 | 14 935 | 11 561 | 21 750 | 11 836 | 30 734 | 23 628 | 26 308 | 21 122 | 80 787 | 113 101 | 88 738 | 214 799 | 201 670 | 573 164 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -802 | 1464 | 6467 | 8587 | 7285 | 14 031 | 30 722 | 34 037 | 37 279 | 58 995 | 18 507 | 171 866 | 220 860 | 354 744 | 257 201 | 297 513 |
| Total equity | 1198 | 2662 | 8467 | 11 054 | 16 014 | 30 045 | 54 883 | 67 604 | 74 160 | 99 120 | 97 627 | 193 219 | 414 079 | 557 591 | 567 859 | 565 370 |
| Income statement | ||||||||||||||||
| Sales revenue | 54 622 | 65 772 | 76 563 | 79 974 | 102 952 | 104 718 | 154 614 | 202 817 | 176 254 | 300 805 | 177 236 | 389 001 | 723 395 | 1 215 227 | 1 427 749 | 1 799 872 |
| Operating profit | -785 | 1995 | 7810 | 10 480 | 9122 | 16 384 | 33 981 | 40 148 | 37 382 | 59 189 | 23 543 | 190 969 | 221 012 | 407 817 | 322 194 | 372 891 |
| Profit before income tax | -784 | 1995 | 7809 | 10 461 | 9122 | 16 384 | 33 981 | 40 148 | 37 382 | 59 189 | 23 543 | 190 969 | 221 012 | 407 817 | 322 194 | 372 891 |
| Profit for the reporting year | -802 | 1464 | 6467 | 8587 | 7285 | 14 031 | 30 722 | 34 037 | 37 279 | 58 995 | 18 507 | 171 866 | 220 860 | 354 744 | 257 201 | 297 513 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 4 | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 5 | 12 | 19 | 22 | 28 |
| Calculated dividend | 0 | 0 | 662 | 3600 | 2325 | 0 | 5884 | 21 316 | 30 723 | 34 035 | 20 000 | 76 274 | 0 | 211 232 | 246 933 | 300 002 |
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 LTECH
Overview
SIA LTECH (reg. no. 40003826013) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Ieriķu iela 3.
Financial results
Revenue in 2025 was 1 799 872 €, up 26,1% on the previous year (1 427 749 €). From 2010 to 2025, revenue grew by an average of 26,2% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 297 513 € (16,5% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 28 employees (22 a year earlier). Revenue per employee was 64 281 €. At the end of 2025, total assets were 1 138 534 € and equity 565 370 € (49,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (33,3%) 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.