SIA "TelCom"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 8364 | 204 290 | 209 022 | 186 920 | 411 312 | 588 715 | 615 954 | 848 804 | 1 005 864 | 599 520 | 1 226 482 | 1 121 987 | 652 872 | 2 720 164 | 363 776 | 971 447 |
| Total non-current assets | 31 488 | 45 441 | 113 342 | 88 446 | 93 770 | 112 676 | 111 646 | 72 033 | 40 292 | 11 316 | 92 381 | 139 793 | 106 835 | 93 037 | 17 530 | 3993 |
| Total assets | 39 852 | 249 731 | 322 364 | 275 366 | 505 082 | 701 391 | 727 600 | 920 837 | 1 046 156 | 610 836 | 1 318 863 | 1 261 780 | 759 707 | 2 813 201 | 381 306 | 975 440 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 17 295 | 215 468 | 209 844 | 215 409 | 390 497 | 476 481 | 462 703 | 631 170 | 793 342 | 439 251 | 1 059 725 | 769 789 | 496 718 | 2 497 175 | 301 656 | 497 337 |
| Non-current liabilities | 23 000 | 27 413 | 25 745 | 5888 | 8553 | 7114 | 7114 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 40 295 | 242 881 | 235 589 | 221 297 | 399 050 | 483 595 | 469 817 | 631 170 | 793 342 | 439 251 | 1 059 725 | 769 789 | 496 718 | 2 497 175 | 301 656 | 497 337 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1219 | 3833 | 62 948 | -14 401 | 81 002 | 206 696 | 213 619 | 172 184 | 249 968 | 129 000 | 187 292 | 489 145 | 70 998 | 313 180 | 76 804 | 398 453 |
| Total equity | -443 | 6850 | 68 104 | 40 370 | 93 024 | 210 832 | 257 783 | 289 667 | 252 814 | 171 585 | 259 138 | 491 991 | 262 989 | 316 026 | 79 650 | 478 103 |
| Income statement | ||||||||||||||||
| Sales revenue | 484 931 | 1 271 455 | 1 986 365 | 1 796 123 | 2 706 258 | 3 962 404 | 3 987 572 | 4 330 885 | 5 229 775 | 4 651 740 | 4 642 237 | 10 298 892 | 4 774 456 | 7 715 487 | 1 884 333 | 4 277 064 |
| Operating profit | -1219 | 4205 | 69 040 | -10 314 | 100 885 | 235 440 | 242 476 | 203 327 | 250 921 | 175 949 | 212 227 | 552 468 | 145 111 | 376 416 | 155 099 | 398 453 |
| Profit before income tax | -1219 | 3833 | 69 004 | -10 499 | 100 764 | 235 431 | 242 476 | 203 327 | 250 921 | 175 949 | 212 227 | 552 468 | 145 111 | 376 416 | 155 099 | 398 453 |
| Profit for the reporting year | -1219 | 3833 | 62 948 | -14 401 | 81 002 | 206 696 | 213 619 | 172 184 | 249 968 | 129 000 | 187 292 | 489 145 | 70 998 | 313 180 | 76 804 | 398 453 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 3 | 5 | 8 | 13 | 13 | 13 | 14 | 14 | 14 | 11 | 10 | 10 | 8 | 6 | 5 |
| Calculated dividend | — | 0 | 0 | 12 000 | 40 000 | 80 000 | 166 668 | 140 300 | 286 821 | 210 229 | 99 739 | 256 292 | 300 000 | 260 143 | 313 180 | 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 "TelCom"
Overview
SIA "TelCom" (reg. no. 40003899464) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Āraišu iela 37.
Financial results
Revenue in 2025 was 4 277 064 €, up 127% on the previous year (1 884 333 €). From 2010 to 2025, revenue grew by an average of 15,6% per year. Net profit for 2025 was 398 453 € (9,3% of revenue). The company was profitable in 14 of the 16 published years. In 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 855 413 €. At the end of 2025, total assets were 975 440 € and equity 478 103 € (49,0% 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.