SIA "Kiwi Systems"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 7205 | 7149 | 8618 | 28 807 | 24 729 | 17 643 | 19 201 | 15 098 | 11 345 | 22 259 | 24 709 | 23 240 | 23 600 | 14 448 |
| Total non-current assets | 302 | 4327 | 4488 | 3595 | 3305 | 3126 | 2666 | 1623 | 11 050 | 8428 | 8371 | 7708 | 4664 | 2151 |
| Total assets | 7507 | 11 476 | 13 106 | 32 402 | 28 034 | 20 769 | 21 867 | 16 721 | 22 395 | 30 687 | 33 080 | 30 948 | 28 264 | 16 599 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 4924 | 6189 | 8652 | 19 017 | 22 165 | 16 741 | 18 117 | 10 428 | 15 735 | 21 764 | 23 130 | 17 035 | 17 481 | 9165 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4924 | 6189 | 8652 | 19 017 | 22 165 | 16 741 | 18 117 | 10 428 | 15 735 | 21 764 | 23 130 | 17 035 | 17 481 | 9165 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 583 | 3287 | 1608 | 10 539 | 3041 | 1200 | 922 | 2543 | 367 | 2263 | 1027 | 3963 | -3130 | -3349 |
| Total equity | 2583 | 5287 | 4454 | 13 385 | 5869 | 4028 | 3750 | 6293 | 6660 | 8923 | 9950 | 13 913 | 10 783 | 7434 |
| Income statement | ||||||||||||||
| Sales revenue | 27 918 | 47 922 | 70 580 | 110 870 | 79 724 | 73 428 | 50 973 | 72 117 | 68 193 | 82 142 | 102 119 | 137 123 | 100 634 | 78 078 |
| Operating profit | 708 | 3766 | 1898 | 12 811 | 3561 | 1311 | 1591 | 3368 | 11 | 3088 | 1542 | 4120 | -3052 | -2961 |
| Profit before income tax | 708 | 3766 | 1898 | 12 763 | 3561 | 1200 | 922 | 2543 | -465 | 763 | 1859 | 3963 | -3130 | -3349 |
| Profit for the reporting year | 583 | 3287 | 1608 | 10 539 | 3041 | 1200 | 922 | 2543 | 367 | 2263 | 1027 | 3963 | -3130 | -3349 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 4 | 4 | 4 | 5 | 7 | 5 | 4 | 4 | 4 | 3 | 4 | 5 | 5 | 4 |
| Calculated dividend | — | 583 | 2441 | 1608 | 10 557 | 3041 | 1200 | 0 | 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.
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Summary: SIA "Kiwi Systems"
Overview
SIA "Kiwi Systems" (reg. no. 40103264552) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Elku iela 1 - 26.
Financial results
Revenue in 2025 was 78 078 €, down 22,4% on the previous year (100 634 €). From 2012 to 2025, revenue grew by an average of 8,2% per year. 2025 ended with a loss of 3349 €. The company was profitable in 12 of the 14 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 19 520 €. At the end of 2025, total assets were 16 599 € and equity 7434 € (44,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.