SIA "whiteCryption"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 6605 | 103 929 | 159 827 | 235 290 | 172 082 | 366 956 | 544 050 | 327 572 | 301 636 | 309 942 | 389 844 | 645 913 | 2 056 246 | 2 510 913 | 2 977 818 | 2 818 393 | 3 410 241 |
| Total non-current assets | 2895 | 19 988 | 13 413 | 13 493 | 8724 | 12 477 | 14 981 | 48 385 | 51 823 | 39 755 | 35 411 | 53 304 | 71 349 | 66 457 | 33 363 | 31 080 | 38 560 |
| Total assets | 9500 | 123 917 | 173 240 | 248 783 | 180 806 | 379 433 | 559 031 | 375 957 | 353 459 | 349 697 | 425 255 | 699 217 | 2 127 595 | 2 577 370 | 3 011 181 | 2 849 473 | 3 448 801 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 74 439 | 308 223 | 449 161 | 480 164 | 359 166 | 574 105 | 679 896 | 412 870 | 267 245 | 115 470 | 125 480 | 219 665 | 1 296 696 | 1 198 623 | 1 246 076 | 672 457 | 798 901 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 74 439 | 308 223 | 449 161 | 480 164 | 359 166 | 574 105 | 679 896 | 412 870 | 267 245 | 115 470 | 125 480 | 219 665 | 1 296 696 | 1 198 623 | 1 246 076 | 672 457 | 798 901 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -66 939 | -119 367 | -91 615 | 44 540 | 45 313 | 54 329 | 77 203 | 96 304 | 120 070 | 148 013 | 148 916 | 179 777 | 351 347 | 547 848 | 386 358 | 411 911 | 472 884 |
| Total equity | -64 939 | -184 306 | -275 921 | -231 381 | -186 068 | -210 420 | -133 217 | -36 913 | 86 214 | 234 227 | 299 775 | 479 552 | 830 899 | 1 378 747 | 1 765 105 | 2 177 016 | 2 649 900 |
| Income statement | |||||||||||||||||
| Sales revenue | 0 | 150 044 | 380 554 | 527 587 | 542 918 | 725 223 | 888 568 | 1 120 100 | 1 357 969 | 1 366 208 | 1 379 916 | 1 996 534 | 2 557 494 | 3 390 612 | 3 540 007 | 3 760 759 | 4 318 579 |
| Operating profit | -66 743 | -120 285 | -80 882 | 56 675 | 43 841 | 77 627 | 105 589 | 112 569 | 145 558 | 152 554 | 154 157 | 182 374 | 352 485 | 550 817 | 393 838 | 417 186 | 480 263 |
| Profit before income tax | -66 939 | -119 367 | -91 615 | 44 540 | 45 313 | 54 329 | 77 203 | 112 569 | 145 558 | 152 554 | 154 157 | 182 374 | 352 485 | 550 817 | 393 838 | 417 186 | 480 263 |
| Profit for the reporting year | -66 939 | -119 367 | -91 615 | 44 540 | 45 313 | 54 329 | 77 203 | 96 304 | 120 070 | 148 013 | 148 916 | 179 777 | 351 347 | 547 848 | 386 358 | 411 911 | 472 884 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 5 | 13 | 17 | 17 | 16 | 16 | 17 | 20 | 23 | 24 | 23 | 28 | 32 | 36 | 35 | 33 | 33 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83 368 | 0 | 0 | 0 | 0 | 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.
Connections graph
Related companies
Summary: SIA "whiteCryption"
Overview
SIA "whiteCryption" (reg. no. 40103203100) is a limited liability company. The company was registered in 2008 and has been in the register for 17 years. Registered address: Rīga, Uriekstes iela 2A - 22.
Financial results
Revenue in 2025 was 4 318 579 €, up 14,8% on the previous year (3 760 759 €). This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 472 884 € (10,9% of revenue). The company was profitable in 14 of the 17 published years. In 2025 the company had 33 employees. Revenue per employee was 130 866 €. At the end of 2025, total assets were 3 448 801 € and equity 2 649 900 € (76,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is WHITECRYPTION CORPORATION.
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.