SIA "ICETEC LTD"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 55 000 € (27% 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).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 64 070 | 7989 | 2618 | 2752 | 29 005 | 49 072 | 152 441 | 100 867 | 124 103 | 207 958 | 266 587 | 240 903 | 248 864 | 274 418 |
| Total non-current assets | 4971 | 1275 | 193 | 19 | 5854 | 15 235 | 11 967 | 17 226 | 21 139 | 29 637 | 35 477 | 32 757 | 19 744 | 9868 |
| Total assets | 69 041 | 9264 | 2811 | 2771 | 34 859 | 64 307 | 164 408 | 118 093 | 145 242 | 237 595 | 302 064 | 273 660 | 268 608 | 284 286 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 37 454 | 11 892 | 6791 | 9150 | 32 403 | 31 905 | 10 992 | 7494 | 11 812 | 243 543 | 47 930 | 23 879 | 62 381 | 131 322 |
| Non-current liabilities | 31 190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 68 644 | 11 892 | 6791 | 9150 | 32 403 | 31 905 | 10 992 | 7494 | 11 812 | 243 543 | 47 930 | 23 879 | 62 381 | 131 322 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6 | -2861 | -1352 | -128 | 8835 | 32 402 | 150 570 | 42 583 | 22 831 | -139 378 | 260 082 | 55 727 | 43 324 | 1737 |
| Total equity | 88 | -2773 | -4125 | -6379 | 2456 | 32 402 | 153 416 | 110 599 | 133 430 | -5948 | 254 134 | 249 781 | 206 227 | 152 964 |
| Income statement | ||||||||||||||
| Sales revenue | 146 941 | 88 804 | 6491 | 0 | 52 726 | 241 823 | 390 526 | 307 809 | 357 483 | 345 164 | 796 754 | 586 901 | 662 826 | 805 264 |
| Operating profit | 6 | -2861 | -1352 | -128 | 8835 | 38 064 | 150 570 | 63 933 | 22 831 | -139 378 | 260 082 | 55 727 | 64 324 | 15 487 |
| Profit before income tax | 6 | -2861 | -1352 | -128 | 8835 | 38 064 | 150 570 | 63 933 | 22 831 | -139 378 | 260 082 | 55 727 | 64 324 | 15 487 |
| Profit for the reporting year | 6 | -2861 | -1352 | -128 | 8835 | 32 402 | 150 570 | 42 583 | 22 831 | -139 378 | 260 082 | 55 727 | 43 324 | 1737 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 3 | 2 | 2 | 0 | 2 | 2 | 5 | 5 | 5 | 8 | 7 | 7 | 7 | 7 |
| Calculated dividend | — | 0 | 0 | — | 0 | 2456 | 29 556 | 85 400 | 0 | 0 | 0 | 60 080 | 86 878 | 55 000 |
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
Click a node to see its other connections.
Related companies
Summary: SIA "ICETEC LTD"
Overview
SIA "ICETEC LTD" (reg. no. 40003976316) is a limited liability company. The company was registered in 2007 and has been in the register for 18 years. Registered address: Rīga, Ozolciema iela 40 k-3 - 16.
Financial results
Revenue in 2025 was 805 264 €, up 21,5% on the previous year (662 826 €). From 2011 to 2025, revenue grew by an average of 14,0% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 1737 € (0,2% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 7 employees. Revenue per employee was 115 038 €. At the end of 2025, total assets were 284 286 € and equity 152 964 € (53,8% 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.