SIA "Polo Systems"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2024
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 10 241 | 11 813 | 11 277 | 2247 | 19 990 | 15 907 | 16 125 | 14 715 | 16 046 | 3573 | 30 495 | 172 426 | 367 726 | 212 228 |
| Total non-current assets | 13 433 | 12 536 | 9374 | 7098 | 5780 | 3776 | 2109 | 1293 | 1438 | 845 | 845 | 459 | 0 | 1612 |
| Total assets | 23 674 | 24 349 | 20 651 | 9345 | 25 770 | 19 683 | 18 234 | 16 008 | 17 484 | 4418 | 31 340 | 172 885 | 367 726 | 213 840 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 30 | 3151 | 6407 | 4480 | 11 899 | 3073 | 1384 | 2849 | 411 | 369 | 27 337 | 141 588 | 278 506 | 273 554 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 30 | 3151 | 6407 | 4480 | 11 899 | 3073 | 1384 | 2849 | 411 | 369 | 27 337 | 141 588 | 278 506 | 273 554 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5589 | -2446 | -14 656 | -1677 | 6948 | 2739 | 240 | -3691 | 3864 | -8024 | -46 | 27 294 | 36 667 | -148 934 |
| Total equity | 23 644 | 21 198 | 6542 | 4865 | 13 871 | 16 610 | 16 850 | 13 159 | 17 073 | 4049 | 4003 | 31 297 | 89 220 | -59 714 |
| Income statement | ||||||||||||||
| Sales revenue | 12 035 | 11 807 | 6486 | 5516 | 17 953 | 13 428 | 6747 | 3766 | 9470 | 1180 | 148 | 211 043 | 4 518 667 | 1 025 079 |
| Operating profit | -5580 | -2269 | -14 650 | -1676 | 6965 | 3747 | 607 | -3639 | 3921 | -7974 | 4 | 27 344 | 36 667 | -148 934 |
| Profit before income tax | -5589 | -2270 | -14 656 | -1677 | 6956 | 3745 | 607 | -3641 | 3902 | -7974 | 4 | 27 344 | 36 667 | -148 934 |
| Profit for the reporting year | -5589 | -2446 | -14 656 | -1677 | 6948 | 2739 | 240 | -3691 | 3864 | -8024 | -46 | 27 294 | 36 667 | -148 934 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5000 | 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 "Polo Systems"
Overview
SIA "Polo Systems" (reg. no. 40003896735) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Murjāņu iela 20 - 3.
Financial results
Revenue in 2024 was 1 025 079 €, down 77,3% on the previous year (4 518 667 €). From 2010 to 2024, revenue grew by an average of 40,8% per year. 2024 ended with a loss of 148 934 €. The company was profitable in 6 of the 14 published years. In 2024 the company had 2 employees. Revenue per employee was 512 540 €.
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 2024 (-59 714 €).
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.