Sabiedrība ar ierobežotu atbildību "INNOVATION SYSTEMS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2025
| 2010 | 2011 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 25 | 13 455 | 678 920 | 298 490 | 212 977 | 128 260 | 306 688 | 273 801 | 151 215 | 395 684 | 95 967 | 321 087 | 646 102 |
| Total non-current assets | 0 | 0 | 92 | 192 | 110 | 18 896 | 12 467 | 62 454 | 2969 | 176 370 | 23 403 | 17 510 | 10 276 |
| Total assets | 25 | 13 455 | 679 012 | 298 682 | 213 087 | 147 156 | 319 155 | 336 255 | 154 184 | 572 054 | 119 370 | 338 597 | 656 378 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 1165 | 14 906 | 45 148 | 276 519 | 187 111 | 17 756 | 195 788 | 216 988 | 3365 | 386 662 | 25 752 | 307 231 | 617 399 |
| Non-current liabilities | 0 | 0 | 624 070 | 0 | 0 | 101 341 | 0 | 397 | 449 | 495 | 127 | 473 | 246 |
| Total liabilities | 1165 | 14 906 | 669 218 | 276 519 | 187 111 | 119 097 | 195 788 | 217 385 | 3814 | 387 157 | 25 879 | 307 704 | 617 645 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -989 | -311 | 23 416 | 14 595 | 3813 | 2083 | 105 909 | 17 302 | 93 501 | 84 527 | -22 406 | -63 018 | 7839 |
| Total equity | -1140 | -1451 | 7568 | 22 163 | 25 976 | 28 059 | 123 367 | 118 870 | 150 370 | 184 897 | 93 491 | 30 893 | 38 733 |
| Income statement | |||||||||||||
| Sales revenue | 150 | 290 336 | 4 009 341 | 4 311 501 | 4 422 799 | 3 311 010 | 3 113 585 | 2 849 374 | 4 138 346 | 5 366 382 | 1 171 976 | 409 678 | 923 397 |
| Operating profit | -954 | -268 | 70 200 | 22 222 | 6597 | 3441 | 105 891 | 22 946 | 107 642 | 148 115 | -6387 | -63 018 | 7839 |
| Profit before income tax | -989 | -311 | 34 116 | 17 577 | 4673 | 2151 | 105 909 | 22 752 | 109 001 | 97 027 | -5156 | -63 018 | 7839 |
| Profit for the reporting year | -989 | -311 | 23 416 | 14 595 | 3813 | 2083 | 105 909 | 17 302 | 93 501 | 84 527 | -22 406 | -63 018 | 7839 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 10 601 | 21 799 | 62 001 | 50 000 | 69 000 | 0 | 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: Sabiedrība ar ierobežotu atbildību "INNOVATION SYSTEMS"
Overview
Sabiedrība ar ierobežotu atbildību "INNOVATION SYSTEMS" (reg. no. 40103177819) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Jūrmala, Ģertrūdes prospekts 7 k-2.
Financial results
Revenue in 2025 was 923 397 €, up 125% on the previous year (409 678 €). From 2010 to 2025, revenue grew by an average of 107% per year. Net profit for 2025 was 7839 € (0,8% of revenue). The company was profitable in 9 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 923 397 €. At the end of 2025, total assets were 656 378 € and equity 38 733 € (5,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (52%) 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.