SIA "Ascensio System"Active
Key figures
Ratios
2025Balance sheet structure
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 | 80 309 | 79 999 | 18 522 | 152 716 | 175 699 | 204 779 | 349 174 | 337 832 | 370 666 | 604 601 | 1 050 712 | 1 043 613 | 884 388 | 986 231 | 225 867 | 124 489 |
| Total non-current assets | 4357 | 4394 | 3820 | 75 711 | 186 220 | 95 514 | 8192 | 21 900 | 14 337 | 6854 | 4659 | 737 542 | 1 312 971 | 1 962 578 | 1 658 355 | 580 787 |
| Total assets | 84 666 | 84 393 | 22 342 | 228 427 | 361 919 | 300 293 | 357 366 | 359 732 | 385 003 | 611 455 | 1 055 371 | 1 781 155 | 2 197 359 | 2 948 809 | 1 884 222 | 705 276 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 2075 | 1597 | 4714 | 107 348 | 5732 | 11 793 | 285 785 | 246 557 | 249 449 | 144 266 | 232 729 | 313 476 | 321 137 | 630 346 | 788 548 | 970 605 |
| Non-current liabilities | 79 253 | 80 468 | 78 713 | 115 875 | 285 033 | 306 669 | 100 000 | 123 745 | 136 811 | 75 508 | 50 000 | 310 563 | 325 691 | 450 592 | 334 014 | 375 636 |
| Total liabilities | 81 328 | 82 065 | 83 427 | 223 223 | 290 765 | 318 462 | 385 785 | 370 302 | 386 260 | 219 774 | 282 729 | 624 039 | 646 828 | 1 080 938 | 1 122 562 | 1 346 241 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 382 | -2561 | -62 580 | 65 949 | 63 870 | -89 888 | -8328 | 17 849 | 9313 | 392 938 | 381 036 | 384 474 | 393 544 | 317 340 | -1 106 211 | -1 402 624 |
| Total equity | 2358 | 797 | -61 783 | 4166 | 69 797 | -20 091 | -28 419 | -10 570 | -1257 | 391 681 | 772 642 | 1 157 116 | 1 550 531 | 1 867 871 | 761 660 | -640 965 |
| Income statement | ||||||||||||||||
| Sales revenue | 75 282 | 85 182 | 11 751 | 207 807 | 276 088 | 241 847 | 298 981 | 718 361 | 901 752 | 1 308 813 | 1 427 005 | 1 875 744 | 1 322 117 | 2 251 602 | 2 706 218 | 2 771 828 |
| Operating profit | 382 | -2476 | -62 580 | 65 949 | 63 870 | -89 888 | 5385 | 34 969 | 9576 | 393 282 | 381 036 | 384 474 | 390 212 | 317 340 | -1 106 211 | -1 398 500 |
| Profit before income tax | 382 | -2476 | -62 580 | 65 949 | 63 870 | -89 888 | -6300 | 20 335 | 9576 | 393 282 | 381 036 | 384 474 | 394 278 | 317 340 | -1 106 211 | -1 398 500 |
| Profit for the reporting year | 382 | -2561 | -62 580 | 65 949 | 63 870 | -89 888 | -8328 | 17 849 | 9313 | 392 938 | 381 036 | 384 474 | 393 544 | 317 340 | -1 106 211 | -1 402 624 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "Ascensio System"
Overview
SIA "Ascensio System" (reg. no. 40103265308) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Ernesta Birznieka-Upīša iela 20A - 6.
Financial results
Revenue in 2025 was 2 771 828 €, up 2,4% on the previous year (2 706 218 €). From 2010 to 2025, revenue grew by an average of 27,2% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 1 402 624 €. The company was profitable in 10 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 2 771 828 €.
Management and owners
The company has one board member. The sole owner of the company is ASCENSIO SYSTEM LIMITED.
Points to note
Equity was negative at the end of 2025 (-640 965 €).
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.