Sabiedrība ar ierobežotu atbildību "INIT"Active

40003842751Limited liability companyFounded 2006

Key figures

31 182 €-10,7%
Revenue 2025
+5,2%
Average annual growth 2011–2025
020 k40 k60 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets95909905950611 17610 97714 30418 23715 17016 05914 11814 98612 753969811 9303532
Total non-current assets0012161433989123018831788639512409327262210168
Total assets9590990510 72212 60911 96615 53420 12016 95816 69814 63015 39513 080996012 1403700
Balance sheet — liabilities and equity
Current liabilities97715544675370329005231823561974119544582348121718231660
Non-current liabilities710066506550618661867120532041202620112000002104
Total liabilities8077820411 2259889908612 35113 55510 3176739656582348121718231662104
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year40188-220434351603033382763318-1894-904-2202-21816196-7378
Total equity15131701-503272028803183656566419959806571614959277889741596
Income statement
Sales revenue15 35120 67333 74053 76053 95536 92544 83742 75631 97826 63930 63319 361926334 93531 182
Operating profit329255-2204343516030333823963344-1880-811-2202-21656363-7302
EBITDA—————30333823963344-1880-811-2202-21656363-7302
Profit before income tax40188-2204343516030333823553318-1894-904-2202-21656363-7302
Profit for the reporting year40188-220434351603033382763318-1894-904-2202-21816196-7378
Labour costs—————5582912869676853703869005973881845931
Depreciation of non-current assets—————0000000000
Other indicators
Employees222111222122111
Calculated dividend—00000000000000

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%Sabiedrība ar ierobež…Zvirbulis Gints
CompanyPersonShareholderOther roleAdditional link

Summary: Sabiedrība ar ierobežotu atbildību "INIT"

Overview

Sabiedrība ar ierobežotu atbildību "INIT" (reg. no. 40003842751) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Brīvības gatve 386 k-1 - 30.

Financial results

Revenue in 2025 was 31 182 €, down 10,7% on the previous year (34 935 €). From 2011 to 2025, revenue grew by an average of 5,2% per year. 2025 ended with a loss of 7378 €. The company was profitable in 9 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 31 182 €. At the end of 2025, total assets were 3700 € and equity 1596 € (43,1% of assets).

Management and owners

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