SIA "TeleTower"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 2 022 473 € (14% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 488 574 | 815 756 | 715 873 | 1 962 812 | 3 582 086 | 549 922 | 3 242 197 | 10 441 852 | 6 844 248 | 564 224 | 1 193 668 | 2 904 079 | 1 210 616 | 2 325 429 | 10 710 951 | 9 439 401 |
| Total non-current assets | 10 228 443 | 10 387 310 | 10 854 534 | 11 601 672 | 15 969 801 | 20 893 786 | 20 254 457 | 13 909 556 | 18 498 862 | 17 466 582 | 15 567 678 | 16 666 014 | 18 762 576 | 17 989 210 | 13 241 318 | 11 775 632 |
| Total assets | 10 717 017 | 11 203 066 | 11 570 407 | 13 564 484 | 19 551 887 | 21 443 708 | 23 496 654 | 24 351 408 | 25 343 110 | 18 030 806 | 16 761 346 | 19 570 093 | 19 973 192 | 20 314 639 | 23 952 269 | 21 215 033 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 1 249 420 | 1 009 976 | 1 158 657 | 1 225 053 | 303 730 | 237 822 | 223 756 | 318 144 | 214 989 | 1 051 837 | 125 834 | 1 973 490 | 1 422 375 | 2 001 064 | 4 213 278 | 933 442 |
| Non-current liabilities | 210 841 | 632 524 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 1 460 261 | 1 642 500 | 1 158 657 | 1 225 053 | 303 730 | 237 822 | 223 756 | 318 144 | 214 989 | 1 051 837 | 125 834 | 1 973 490 | 1 422 375 | 2 001 064 | 4 213 278 | 933 442 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 125 183 | 241 737 | 796 437 | 906 891 | 1 328 600 | 1 433 286 | 1 629 062 | 637 060 | 996 774 | 637 739 | 520 414 | 520 637 | 558 055 | 622 063 | 2 022 473 | 2 262 367 |
| Total equity | 9 060 490 | 9 302 227 | 10 098 664 | 11 005 555 | 16 988 094 | 18 421 380 | 20 050 442 | 20 687 502 | 21 684 276 | 13 311 456 | 13 194 131 | 13 194 354 | 13 231 772 | 13 295 780 | 14 696 190 | 14 936 084 |
| Income statement | ||||||||||||||||
| Sales revenue | 980 172 | 1 233 063 | 1 347 290 | 1 829 638 | 3 177 830 | 3 381 293 | 3 602 347 | 2 396 333 | 2 621 603 | 2 842 263 | 2 922 315 | 3 347 367 | 4 896 954 | 6 159 650 | 8 742 126 | 10 214 450 |
| Operating profit | 137 737 | 286 645 | 386 890 | 753 674 | 1 536 664 | 1 705 132 | 1 820 707 | 693 805 | 870 229 | 622 741 | 481 557 | 464 147 | 380 224 | 208 391 | 1 936 616 | 2 532 110 |
| EBITDA | 635 316 | 867 162 | 985 649 | 1 407 972 | 2 565 206 | 2 782 305 | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 135 858 | 241 737 | 347 379 | 738 992 | 1 504 538 | 1 677 462 | 1 944 861 | 821 706 | 996 774 | 751 576 | 582 523 | 585 689 | 623 464 | 762 041 | 2 178 580 | 2 770 500 |
| Profit for the reporting year | 125 183 | 241 737 | 796 437 | 906 891 | 1 328 600 | 1 433 286 | 1 629 062 | 637 060 | 996 774 | 637 739 | 520 414 | 520 637 | 558 055 | 622 063 | 2 022 473 | 2 262 367 |
| Labour costs | 0 | 2633 | 4065 | 4010 | 5884 | 7845 | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 497 579 | 580 517 | 598 759 | 654 298 | 1 028 542 | 1 077 173 | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 5 | 6 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 010 559 | 637 739 | 520 414 | 520 637 | 558 055 | 622 063 | 2 022 473 |
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 "TeleTower"
Overview
SIA "TeleTower" (reg. no. 40103257495) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Zemitāna iela 9 k-3.
Financial results
Revenue in 2025 was 10 214 450 €, up 16,8% on the previous year (8 742 126 €). From 2010 to 2025, revenue grew by an average of 16,9% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 2 262 367 € (22,1% of revenue). The company was profitable in all 16 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 1 702 408 €. At the end of 2025, total assets were 21 215 033 € and equity 14 936 084 € (70,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is UAB “TeleTower”.
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.