Zinātniskā ražošanas firma "RITEC" , SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 66 000 € (13% 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 statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 211 454 | 212 451 | 261 524 | 170 361 | 205 120 | 395 327 | 544 574 | 461 066 | 442 257 | 552 262 | 653 610 | 593 542 | 628 032 | 548 291 | 423 020 | 558 992 | 561 603 |
| Total non-current assets | 17 771 | 22 483 | 62 212 | 23 822 | 22 285 | 9341 | 4460 | 38 924 | 34 196 | 30 326 | 24 190 | 4704 | 19 390 | 18 481 | 9882 | 6745 | 10 350 |
| Total assets | 229 225 | 234 934 | 323 736 | 194 183 | 227 405 | 404 668 | 549 034 | 499 990 | 476 453 | 582 588 | 677 800 | 598 246 | 647 422 | 566 772 | 432 902 | 565 737 | 571 953 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 174 406 | 105 650 | 76 296 | 6509 | 7339 | 27 060 | 107 146 | 24 574 | 41 440 | 34 996 | 50 074 | 39 738 | 140 924 | 67 507 | 35 099 | 62 825 | 40 822 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 174 406 | 105 650 | 76 296 | 6509 | 7339 | 27 060 | 107 146 | 24 574 | 41 440 | 34 996 | 50 074 | 39 738 | 140 924 | 67 507 | 35 099 | 62 825 | 40 822 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 35 816 | 74 465 | 118 156 | 234 | 32 392 | 137 815 | 175 639 | 112 442 | 26 264 | 172 023 | 187 197 | 64 948 | 92 289 | 91 766 | -71 062 | 130 709 | 94 219 |
| Total equity | 54 819 | 129 284 | 247 440 | 187 674 | 220 066 | 377 608 | 441 888 | 475 416 | 435 013 | 547 592 | 627 726 | 558 508 | 506 498 | 499 265 | 397 803 | 502 912 | 531 131 |
| Income statement | |||||||||||||||||
| Sales revenue | 235 340 | 238 581 | 354 512 | 204 657 | 216 571 | 453 158 | 601 505 | 551 247 | 449 183 | 535 929 | 640 154 | 436 722 | 666 199 | 377 132 | 408 294 | 641 716 | 553 200 |
| Operating profit | 39 941 | 88 594 | 140 588 | -1435 | 38 363 | 159 025 | 207 494 | 138 294 | 30 975 | 172 023 | 187 197 | 63 250 | 97 991 | 116 516 | -59 228 | 134 601 | 110 719 |
| Profit before income tax | 42 682 | 88 705 | 140 650 | 758 | 39 296 | 162 608 | 207 249 | 132 345 | 30 975 | 172 023 | 187 197 | 64 948 | 97 991 | 116 516 | -59 228 | 137 109 | 110 719 |
| Profit for the reporting year | 35 816 | 74 465 | 118 156 | 234 | 32 392 | 137 815 | 175 639 | 112 442 | 26 264 | 172 023 | 187 197 | 64 948 | 92 289 | 91 766 | -71 062 | 130 709 | 94 219 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 8 | 7 | 7 | 7 | 8 | 8 | 9 | 11 | 13 | 15 | 15 | 15 | 18 | 20 | 20 | 17 | 16 |
| Calculated dividend | — | 0 | 0 | 60 000 | 0 | 0 | 111 359 | 78 914 | 66 667 | 59 444 | 107 063 | 134 166 | 144 299 | 98 999 | 30 400 | 25 600 | 66 000 |
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: Zinātniskā ražošanas firma "RITEC" , SIA
Overview
Zinātniskā ražošanas firma "RITEC" , SIA (reg. no. 40103045390) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Gustava Zemgala gatve 71A.
Financial results
Revenue in 2025 was 553 200 €, down 13,8% on the previous year (641 716 €). From 2009 to 2025, revenue grew by an average of 5,5% per year. Net profit for 2025 was 94 219 € (17,0% of revenue). The company was profitable in 16 of the 17 published years. In 2025 the company had 16 employees (17 a year earlier). Revenue per employee was 34 575 €. At the end of 2025, total assets were 571 953 € and equity 531 131 € (92,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 5 owners. The largest stake (20%) is held by 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.