SIA "ETC Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 24 352 | 29 465 | 47 414 | 290 271 | 169 999 | 299 052 | 338 826 | 364 453 | 146 853 | 184 199 | 329 005 | 324 414 | 213 384 | 197 631 | 179 795 |
| Total non-current assets | 6407 | 23 287 | 35 297 | 82 089 | 109 135 | 90 633 | 154 117 | 108 634 | 142 197 | 98 990 | 195 868 | 72 963 | 183 754 | 191 765 | 141 776 |
| Total assets | 30 759 | 52 752 | 82 711 | 372 360 | 279 134 | 389 685 | 492 943 | 473 087 | 289 050 | 283 189 | 524 873 | 397 377 | 397 138 | 389 396 | 321 571 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 7565 | 9248 | 38 836 | 264 411 | 126 873 | 296 703 | 322 820 | 317 145 | 112 071 | 114 626 | 349 115 | 250 511 | 124 688 | 184 633 | 120 981 |
| Non-current liabilities | 2483 | 6452 | 4526 | 19 529 | 32 171 | 26 119 | 14 456 | 4337 | 0 | 0 | 28 382 | 19 405 | 65 209 | 48 529 | 31 165 |
| Total liabilities | 10 048 | 15 700 | 43 362 | 283 940 | 159 044 | 322 822 | 337 276 | 321 482 | 112 071 | 114 626 | 377 497 | 269 916 | 189 897 | 233 162 | 152 146 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 391 | 26 007 | 17 026 | 51 133 | 79 723 | 37 528 | 111 423 | 77 361 | 75 374 | 16 585 | 28 813 | 83 217 | 162 997 | 13 490 | 12 641 |
| Total equity | 20 401 | 36 127 | 37 146 | 81 991 | 111 737 | 66 863 | 155 667 | 151 605 | 176 979 | 168 563 | 147 376 | 127 461 | 207 241 | 156 234 | 168 875 |
| Income statement | |||||||||||||||
| Sales revenue | 86 188 | 203 380 | 156 338 | 662 541 | 1 116 180 | 533 860 | 1 211 740 | 792 462 | 783 827 | 603 326 | 1 071 111 | 1 605 151 | 1 354 407 | 609 981 | 855 987 |
| Operating profit | 23 450 | 31 302 | 21 358 | 62 511 | 93 638 | 46 366 | 129 395 | 78 147 | 80 927 | 23 501 | 42 373 | 93 299 | 185 626 | 30 878 | 14 444 |
| Profit before income tax | 23 450 | 30 092 | 19 692 | 59 363 | 92 998 | 45 163 | 128 467 | 77 361 | 80 374 | 22 835 | 41 313 | 109 000 | 183 801 | 29 614 | 12 779 |
| Profit for the reporting year | 20 391 | 26 007 | 17 026 | 51 133 | 79 723 | 37 528 | 111 423 | 77 361 | 75 374 | 16 585 | 28 813 | 83 217 | 162 997 | 13 490 | 12 641 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 7 | 7 | 13 | 18 | 17 | 16 | 15 | 14 | 15 | 19 | 20 | 18 | 16 | 14 |
| Calculated dividend | — | 10 281 | 16 007 | 6288 | 49 977 | 82 402 | 22 619 | 81 423 | 50 000 | 25 001 | 50 000 | 103 132 | 83 217 | 64 497 | 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 "ETC Service"
Overview
SIA "ETC Service" (reg. no. 40103311626) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Bukaišu iela 2.
Financial results
Revenue in 2025 was 855 987 €, up 40,3% on the previous year (609 981 €). From 2011 to 2025, revenue grew by an average of 17,8% per year. Net profit for 2025 was 12 641 € (1,5% of revenue). The company was profitable in all 15 published years. In 2025 the company had 14 employees (16 a year earlier). Revenue per employee was 61 142 €. At the end of 2025, total assets were 321 571 € and equity 168 875 € (52,5% 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.