SIA "TIMESAVING"Active

40003948967Limited liability companyFounded 2007

Key figures

1 131 846 €+22,8%
Revenue 2025
+13,4%
Average annual growth 2009–2025
0500 k1 m1,5 m’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 71 033 € (33% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~71 033 €
2024 ~49 999 €
2023 ~17 648 €
2022 ~45 000 €
2021 ~50 628 €
2020 ~34 267 €
2019 ~49 974 €
2018 ~47 586 €
2017 ~37 838 €
2016 ~57 670 €
2015 ~61 355 €
2014 ~25 273 €
2013 ~30 041 €
2012 ~27 811 €
2011 ~4116 €
2010 ~9383 €
Summary of financial statements2009–2025
20092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets42 19746 26889 58093 069112 231160 881188 783187 722132 219196 332199 722321 544271 249226 501248 899283 459327 284
Total non-current assets16 10695694916759412 39015 22011 7077813516221 13415 85611 62832 40057 52261 08942 65567 610
Total assets58 30355 83794 496100 663124 621176 101200 490195 535137 381217 466215 578333 172303 649284 023309 988326 114394 894
Balance sheet — liabilities and equity
Current liabilities19 30112 60624 48629 60052 89968 29796 371111 24854 84683 33883 895155 892115 344105 86391 65699 950181 725
Non-current liabilities52943048613200000012 48893616090266919 87615 39810 60721 337
Total liabilities24 59515 65430 61829 60052 89968 29796 371111 24854 84695 82693 256161 982118 013125 739107 054110 557203 062
Share capital—————————————————
Retained earnings of previous periods—————————————————
Profit for the year18 18013 32927 81137 52531 59361 35557 67037 83836 08686 69150 65683 13565 07417 64862 29862 62247 308
Total equity32 81536 76160 45670 17071 722107 804104 11984 28782 535121 640122 322171 190185 636158 284202 934215 557191 832
Income statement
Sales revenue150 640134 278405 475356 753322 766627 403710 035689 852729 775768 303884 976824 603848 077757 110884 066921 4741 131 846
Operating profit22 01318 56633 09245 38036 02371 06768 75045 38841 65988 43658 82394 85579 33432 32670 73480 47353 683
EBITDA27 59925 570———————————————
Profit before income tax21 41616 79932 28245 30736 02070 82168 75045 38841 65987 82157 47893 20978 16431 32468 05975 12251 066
Profit for the reporting year18 18013 32927 81137 52531 59361 35557 67037 83836 08686 69150 65683 13565 07417 64862 29862 62247 308
Labour costs490213 676———————————————
Depreciation of non-current assets55867004———————————————
Other indicators
Employees35356878799997777
Calculated dividend—9383411627 81130 04125 27361 35557 67037 83847 58649 97434 26750 62845 00017 64849 99971 033

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
70%30%SIA "TIMESAVING"Lasmanis Viesturs
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "TIMESAVING"

Overview

SIA "TIMESAVING" (reg. no. 40003948967) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Zemitāna iela 9 k-1.

Financial results

Revenue in 2025 was 1 131 846 €, up 22,8% on the previous year (921 474 €). From 2009 to 2025, revenue grew by an average of 13,4% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 47 308 € (4,2% of revenue). The company was profitable in all 17 published years. In 2025 the company had 7 employees. Revenue per employee was 161 692 €. At the end of 2025, total assets were 394 894 € and equity 191 832 € (48,6% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) is held by a private individual. The company holds a stake in one other active Latvian company.

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.