Sabiedrība ar ierobežotu atbildību "RECTE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 130 000 € (12% 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 | 10 798 | 46 592 | 131 425 | 116 466 | 159 497 | 224 950 | 565 113 | 286 341 | 431 405 | 590 996 | 651 824 | 723 624 | 558 632 | 611 897 | 959 543 | 1 150 146 | 1 392 784 |
| Total non-current assets | 6276 | 8838 | 11 714 | 23 995 | 32 636 | 51 579 | 63 847 | 47 166 | 33 066 | 28 502 | 53 150 | 103 118 | 93 222 | 82 940 | 55 405 | 91 431 | 73 430 |
| Total assets | 17 074 | 55 430 | 143 139 | 140 461 | 192 133 | 276 529 | 628 960 | 333 507 | 464 471 | 619 498 | 704 974 | 826 742 | 651 854 | 694 837 | 1 014 948 | 1 241 577 | 1 466 214 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 0 | 23 497 | 26 651 | 10 817 | 55 925 | 26 978 | 110 283 | 44 969 | 332 782 | 145 364 | 63 347 | 166 144 | 103 414 | 114 578 | 146 322 | 162 498 | 393 291 |
| Non-current liabilities | 399 | 0 | 0 | 0 | 0 | 0 | 0 | 19 027 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 399 | 23 497 | 26 651 | 10 817 | 55 925 | 26 978 | 110 283 | 63 996 | 332 782 | 145 364 | 63 347 | 166 144 | 103 414 | 114 578 | 146 322 | 162 498 | 393 291 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 14 675 | 17 213 | 82 745 | 72 157 | 72 065 | 149 175 | 414 775 | 95 516 | 128 843 | 471 288 | 394 103 | 308 971 | 86 624 | 221 819 | 487 338 | 588 896 | 123 844 |
| Total equity | 16 675 | 31 933 | 114 678 | 126 836 | 131 901 | 241 521 | 507 296 | 269 511 | 131 689 | 474 134 | 641 627 | 660 598 | 548 440 | 580 259 | 868 626 | 1 079 079 | 1 072 923 |
| Income statement | |||||||||||||||||
| Sales revenue | 58 722 | 113 922 | 392 071 | 393 538 | 447 768 | 804 458 | 1 423 266 | 545 120 | 787 936 | 1 512 008 | 1 419 244 | 1 417 828 | 943 908 | 1 429 936 | 1 698 472 | 2 349 161 | 1 587 841 |
| Operating profit | 14 739 | 20 145 | 95 157 | 81 058 | 82 762 | 169 095 | 478 647 | 109 470 | 150 128 | 471 288 | 377 344 | 367 232 | 135 618 | 266 882 | 534 969 | 678 470 | 154 723 |
| EBITDA | — | 22 229 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 14 675 | 20 042 | 95 157 | 82 020 | 82 853 | 171 249 | 480 254 | 109 500 | 150 741 | 471 288 | 394 103 | 376 672 | 136 338 | 266 882 | 534 969 | 678 470 | 154 723 |
| Profit for the reporting year | 14 675 | 17 213 | 82 745 | 72 157 | 72 065 | 149 175 | 414 775 | 95 516 | 128 843 | 471 288 | 394 103 | 308 971 | 86 624 | 221 819 | 487 338 | 588 896 | 123 844 |
| Labour costs | — | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | 2084 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 1 | 7 | 12 | 11 | 13 | 19 | 17 | 14 | 16 | 27 | 23 | 21 | 21 | 20 | 20 | 22 | 22 |
| Calculated dividend | — | 1955 | 0 | 59 999 | 67 000 | 39 555 | 149 000 | 333 301 | 266 665 | 128 843 | 226 610 | 290 000 | 198 782 | 190 000 | 198 971 | 378 443 | 130 000 |
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: Sabiedrība ar ierobežotu atbildību "RECTE"
Overview
Sabiedrība ar ierobežotu atbildību "RECTE" (reg. no. 40103196947) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Rīga, Dumbrāja iela 18 - 9.
Financial results
Revenue in 2025 was 1 587 841 €, down 32,4% on the previous year (2 349 161 €). From 2009 to 2025, revenue grew by an average of 22,9% per year. Net profit for 2025 was 123 844 € (7,8% of revenue). The company was profitable in all 17 published years. In 2025 the company had 22 employees. Revenue per employee was 72 175 €. At the end of 2025, total assets were 1 466 214 € and equity 1 072 923 € (73,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.