SAP Latvia SIAActive
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 | 361 385 | 759 808 | 441 747 | 329 758 | 683 929 | 1 868 026 | 1 275 164 | 1 609 574 | 3 058 130 | 3 693 518 | 4 493 187 | 4 690 925 | 4 738 601 | 5 569 826 | 5 619 055 | 6 244 703 |
| Total non-current assets | 78 906 | 65 932 | 45 634 | 27 895 | 9398 | 26 833 | 19 624 | 3216 | 3612 | 3762 | 3387 | 2877 | 3251 | 3466 | 5408 | 3417 |
| Total assets | 440 291 | 825 740 | 487 381 | 357 653 | 693 327 | 1 894 859 | 1 294 788 | 1 612 790 | 3 061 742 | 3 697 280 | 4 496 574 | 4 693 802 | 4 741 852 | 5 573 292 | 5 624 463 | 6 248 120 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 783 687 | 1 104 869 | 0 | 492 073 | 688 044 | 1 620 662 | 660 163 | 698 299 | 1 373 800 | 1 719 721 | 1 797 627 | 1 348 258 | 1 016 295 | 1 366 744 | 2 326 635 | 1 377 390 |
| Non-current liabilities | 0 | 0 | 658 255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 783 687 | 1 104 869 | 658 255 | 492 073 | 688 044 | 1 620 662 | 660 163 | 698 299 | 1 373 800 | 1 719 721 | 1 797 627 | 1 348 258 | 1 016 295 | 1 366 744 | 2 326 635 | 1 377 390 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 220 580 | 64 267 | 108 255 | 36 454 | 196 546 | 268 914 | 360 454 | 279 866 | 773 451 | 289 617 | 721 388 | 646 597 | 380 013 | 480 991 | -86 774 | 1 572 902 |
| Total equity | -343 396 | -279 129 | -170 874 | -134 420 | 5283 | 274 197 | 634 625 | 914 491 | 1 687 942 | 1 977 559 | 2 698 947 | 3 345 544 | 3 725 557 | 4 206 548 | 3 297 828 | 4 870 730 |
| Income statement | ||||||||||||||||
| Sales revenue | 1 027 422 | 1 471 660 | 1 747 161 | 1 563 772 | 2 462 607 | 3 167 784 | 3 749 345 | 3 516 096 | 4 970 400 | 5 310 422 | 5 163 527 | 4 564 737 | 4 030 226 | 5 349 382 | 4 770 551 | 5 589 019 |
| Operating profit | 154 847 | 87 399 | 142 597 | 56 906 | 235 436 | 317 837 | 425 646 | 351 252 | 777 591 | 291 953 | 723 269 | 676 487 | 373 229 | 346 051 | 114 969 | 366 094 |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 114 969 | — |
| Profit before income tax | 142 630 | 77 581 | 129 271 | 53 342 | 234 158 | 317 251 | 424 926 | 349 161 | 773 451 | 289 617 | 721 388 | 676 508 | 386 047 | 498 876 | 308 768 | 450 334 |
| Profit for the reporting year | 220 580 | 64 267 | 108 255 | 36 454 | 196 546 | 268 914 | 360 454 | 279 866 | 773 451 | 289 617 | 721 388 | 646 597 | 380 013 | 480 991 | -86 774 | 1 572 902 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 1 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 3 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 821 946 | 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: SAP Latvia SIA
Overview
SAP Latvia SIA (reg. no. 40003935375) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Raņķa dambis 30 - 110.
Financial results
Revenue in 2025 was 5 589 019 €, up 17,2% on the previous year (4 770 551 €). From 2010 to 2025, revenue grew by an average of 12,0% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 1 572 902 € (28,1% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 1 863 006 €. At the end of 2025, total assets were 6 248 120 € and equity 4 870 730 € (78,0% of assets).
Management and owners
The board has 3 members. The sole owner of the company is SAP SE.
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.