SIA "IT BRAND"Active

40003828758Limited liability companyFounded 2006

Key figures

67 389 €+338,4%
Revenue 2025
+1,2%
Average annual growth 2010–2025
020 k40 k60 k80 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets32558845121453253217310190424014614928137212621 701
Total non-current assets11 508864772131172426000000001187568279
Total assets14 7639531772513177513217310190424014614928255969421 980
Balance sheet — liabilities and equity
Current liabilities5397532220311654194523074658411314911696366825992277706412 79241 166
Non-current liabilities6878507834090000000000000
Total liabilities12 27510 40054401654194523074658411314911696366825992277706412 79241 166
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-524-34273223-2560-10752478-52364252504-207-18661072201-2256-7593-7087
Total equity2418-10092214-347-1568910-4348-3923-1449-1656-3522-2450-2249-4505-12 098-19 186
Income statement
Sales revenue56 40042 06739 72615 508569871163637417860515845444010 08312 64539 98615 37267 389
Operating profit-309-31923393-2550-10752709-52364252582-207-18661072201-2256-7593-7086
EBITDA281549675737401663135-52364252582-207-18661072201-2204-6974—
Profit before income tax-524-34273223-2560-10752709-52364252582-207-18661072201-2256-7593-7086
Profit for the reporting year-524-34273223-2560-10752478-52364252504-207-18661072201-2256-7593-7087
Labour costs901173717183875109991047878797914116935919910 386—
Depreciation of non-current assets31243241336462901241426000000052619—
Other indicators
Employees1111111111111115
Calculated dividend—000000000000000

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
100%SIA "IT BRAND"Baranovskis Vitālijs
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "IT BRAND"

Overview

SIA "IT BRAND" (reg. no. 40003828758) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Daugavpils, Tartu iela 7A - 87.

Financial results

Revenue in 2025 was 67 389 €, up 338% on the previous year (15 372 €). From 2010 to 2025, revenue grew by an average of 1,2% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 7087 €. The company was profitable in 6 of the 16 published years. In 2025 the company had 5 employees (1 a year earlier). Revenue per employee was 13 478 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-19 186 €).

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.