SIA TeleNetworksActive
Key figures
Ratios
2025Balance sheet structure
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 | 21 205 | 16 085 | 16 789 | 12 172 | 17 584 | 19 112 | 18 590 | 16 878 | 7273 | 6841 | 2320 | 19 091 | 37 216 | 34 430 | 113 979 | 11 462 |
| Total non-current assets | 30 598 | 208 | 0 | 0 | 0 | 0 | 4103 | 3012 | 2005 | 1082 | 250 | 0 | 0 | 106 801 | 226 841 | 293 733 |
| Total assets | 51 803 | 16 293 | 16 789 | 12 172 | 17 584 | 19 112 | 22 693 | 19 890 | 9278 | 7923 | 2570 | 19 091 | 37 216 | 141 231 | 340 820 | 305 195 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 56 395 | 15 990 | 15 939 | 10 870 | 15 534 | 16 818 | 18 574 | 14 985 | 3499 | 31 | 717 | 3182 | 7829 | 23 437 | 37 855 | 22 737 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1909 | 1909 | 1909 | 1909 | 1909 | 30 458 | 30 458 | 0 |
| Total liabilities | 56 395 | 15 990 | 15 939 | 10 870 | 15 534 | 16 818 | 18 574 | 14 985 | 5408 | 1940 | 2626 | 5091 | 9738 | 53 895 | 68 313 | 22 737 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8938 | 4895 | 547 | 511 | 196 | 244 | 1825 | 787 | -1035 | 2113 | -6039 | 14 057 | 13 478 | 59 858 | 185 170 | 9951 |
| Total equity | -4651 | 244 | 791 | 1302 | 2050 | 2294 | 4119 | 4905 | 3870 | 5983 | -56 | 14 000 | 27 478 | 87 336 | 272 507 | 282 458 |
| Income statement | ||||||||||||||||
| Sales revenue | 47 231 | 42 190 | 47 769 | 52 444 | 69 156 | 68 606 | 69 821 | 6378 | 315 | 3529 | 243 | 68 980 | 154 215 | 253 478 | 431 527 | 76 926 |
| Operating profit | 8997 | 4895 | 546 | 596 | 195 | 270 | 1892 | 975 | -985 | 2113 | -5989 | 14 057 | 13 478 | 59 858 | 184 501 | 9597 |
| Profit before income tax | 8997 | 4895 | 547 | 478 | 196 | 270 | 1892 | 975 | -985 | 2113 | -5989 | 14 057 | 13 478 | 59 858 | 185 193 | 9951 |
| Profit for the reporting year | 8938 | 4895 | 547 | 511 | 196 | 244 | 1825 | 787 | -1035 | 2113 | -6039 | 14 057 | 13 478 | 59 858 | 185 170 | 9951 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 4 | 1 | 4 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 TeleNetworks
Overview
SIA TeleNetworks (reg. no. 40003872116) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Ādažu nov., Ādaži, Ūbeļu iela 16 - 6.
Financial results
Revenue in 2025 was 76 926 €, down 82,2% on the previous year (431 527 €). From 2010 to 2025, revenue grew by an average of 3,3% per year. Net profit for 2025 was 9951 € (12,9% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 76 926 €. At the end of 2025, total assets were 305 195 € and equity 282 458 € (92,6% 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.