SIA "TECH EXPRESS"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2010–2023
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 47 233 | 104 725 | 123 350 | 112 746 | 151 853 | 145 264 | 150 561 | 235 145 | 269 365 | 322 520 | 255 251 | 237 792 | 241 717 | 232 075 |
| Total non-current assets | 564 | 3925 | 5327 | 1774 | 0 | 1416 | 2837 | 5079 | 14 351 | 13 457 | 22 627 | 22 078 | 3771 | 0 |
| Total assets | 47 797 | 108 650 | 128 677 | 114 520 | 151 853 | 146 680 | 153 398 | 240 224 | 283 716 | 335 977 | 277 878 | 259 870 | 245 488 | 232 075 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 7433 | 28 468 | 19 475 | 13 230 | 10 645 | 10 856 | 11 638 | 92 587 | 111 407 | 180 570 | 142 793 | 94 807 | 54 908 | 134 378 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76 217 | 77 107 | 69 978 |
| Total liabilities | 7433 | 28 468 | 19 475 | 13 230 | 10 645 | 10 856 | 11 638 | 92 587 | 111 407 | 180 570 | 142 793 | 171 024 | 132 015 | 204 356 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 38 364 | 78 182 | 107 202 | 42 088 | -2915 | -5384 | 5936 | 5877 | 24 672 | -16 902 | 22 339 | -46 239 | 24 627 | -85 754 |
| Total equity | 40 364 | 80 182 | 109 202 | 101 290 | 141 208 | 135 824 | 141 760 | 147 637 | 172 309 | 155 407 | 135 085 | 88 846 | 113 473 | 27 719 |
| Income statement | ||||||||||||||
| Sales revenue | 242 178 | 536 807 | 623 814 | 406 905 | 284 714 | 102 568 | 200 422 | 399 208 | 292 145 | 478 210 | 444 942 | 521 648 | 774 903 | 586 349 |
| Operating profit | 45 738 | 91 967 | 128 735 | 51 297 | -2654 | -5333 | 6283 | 7489 | 26 018 | -16 814 | 22 940 | -44 822 | 24 718 | -85 754 |
| Profit before income tax | 45 143 | 92 504 | 126 575 | 49 534 | -2915 | -5384 | 5936 | 6460 | 24 672 | -16 902 | 22 339 | -46 239 | 24 627 | -85 754 |
| Profit for the reporting year | 38 364 | 78 182 | 107 202 | 42 088 | -2915 | -5384 | 5936 | 5877 | 24 672 | -16 902 | 22 339 | -46 239 | 24 627 | -85 754 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 38 364 | 78 182 | 50 000 | 0 | 0 | 0 | 0 | 0 | 0 | 42 661 | 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.
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Summary: SIA "TECH EXPRESS"
Overview
SIA "TECH EXPRESS" (reg. no. 40103246010) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Slokas iela 48A - 76.
Financial results
Revenue in 2023 was 586 349 €, down 24,3% on the previous year (774 903 €). From 2010 to 2023, revenue grew by an average of 7,0% per year. 2023 ended with a loss of 85 754 €. The company was profitable in 9 of the 14 published years. In 2023 the company had 2 employees. Revenue per employee was 293 175 €. At the end of 2023, total assets were 232 075 € and equity 27 719 € (11,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.