Sabiedrība ar ierobežotu atbildību "CODEART"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 3800 € (7% 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 | 1008 | 4610 | 1368 | 5388 | 8505 | 11 254 | 11 988 | 15 668 | 3761 | 6384 | 24 653 | 32 852 | 25 746 | 55 548 | 58 446 | 77 068 |
| Total non-current assets | 980 | 731 | 629 | 271 | 134 | 940 | 2072 | 932 | 61 | 1227 | 2022 | 1134 | 1541 | 25 962 | 18 421 | 13 223 |
| Total assets | 1988 | 5341 | 1997 | 5659 | 8639 | 12 194 | 14 060 | 16 600 | 3822 | 7611 | 26 675 | 33 986 | 27 287 | 81 510 | 76 867 | 90 291 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 96 | 477 | 1206 | 2661 | 3065 | 9499 | 13 560 | 11 518 | 10 654 | 4410 | 6001 | 10 479 | 12 178 | 9269 | 10 087 | 12 330 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 976 | 13 007 | 4155 |
| Total liabilities | 96 | 477 | 1206 | 2661 | 3065 | 9499 | 13 560 | 11 518 | 10 654 | 4410 | 6001 | 10 479 | 12 178 | 32 245 | 23 094 | 16 485 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -108 | 2939 | -4589 | 1631 | -366 | -4760 | 2978 | 4582 | -11 913 | 10 033 | 17 473 | 11 831 | -8397 | 34 156 | 10 008 | 23 833 |
| Total equity | 1892 | 4831 | 242 | 1873 | 2300 | -2478 | 500 | 5082 | -6832 | 3201 | 20 674 | 23 507 | 15 109 | 49 265 | 53 773 | 73 806 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 4361 | 7972 | 20 863 | 38 803 | 49 938 | 76 247 | 65 945 | 39 029 | 63 173 | 84 372 | 132 531 | 134 289 | 183 297 | 156 628 | 204 655 |
| Operating profit | -108 | 3394 | -4567 | 1633 | -366 | -4760 | 2978 | 4582 | -11 913 | 10 033 | 17 473 | 14 081 | -8397 | 34 156 | 10 008 | 24 783 |
| EBITDA | -108 | 3965 | -4038 | 1992 | 17 | -4359 | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -108 | 3384 | -4589 | 1631 | -366 | -4760 | 2978 | 4582 | -11 913 | 10 033 | 17 473 | 14 081 | -8397 | 34 156 | 10 008 | 24 783 |
| Profit for the reporting year | -108 | 2939 | -4589 | 1631 | -366 | -4760 | 2978 | 4582 | -11 913 | 10 033 | 17 473 | 11 831 | -8397 | 34 156 | 10 008 | 23 833 |
| Labour costs | 0 | 197 | 6482 | 12 900 | 25 173 | 37 157 | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | 571 | 529 | 359 | 383 | 401 | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 0 | 1 | 1 | 2 | 3 | 5 | 5 | 5 | 5 | 5 | 3 | 4 | 3 | 3 | 4 | 5 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8998 | 0 | 0 | 5500 | 3800 |
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: Sabiedrība ar ierobežotu atbildību "CODEART"
Overview
Sabiedrība ar ierobežotu atbildību "CODEART" (reg. no. 40103285944) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Kalna iela 58.
Financial results
Revenue in 2025 was 204 655 €, up 30,7% on the previous year (156 628 €). This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 23 833 € (11,6% of revenue). The company was profitable in 10 of the 16 published years. In 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 40 931 €. At the end of 2025, total assets were 90 291 € and equity 73 806 € (81,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by 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.