SIA Smart Business SolutionsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 32 500 € (91% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 13 061 | 19 156 | 12 510 | 23 160 | 31 438 | 31 724 | 30 882 | 40 532 | 52 256 | 66 071 |
| Total non-current assets | 2648 | 5136 | 8615 | 22 398 | 28 542 | 24 283 | 16 363 | 17 692 | 33 372 | 49 905 |
| Total assets | 15 709 | 24 292 | 21 125 | 45 558 | 59 980 | 56 007 | 47 245 | 58 224 | 85 628 | 115 976 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 50 359 | 54 097 | 27 536 | 38 013 | 36 361 | 59 752 | 52 701 | 45 359 | 50 032 | 61 193 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 217 |
| Total liabilities | 50 359 | 54 097 | 27 536 | 38 013 | 36 361 | 59 752 | 52 701 | 45 359 | 50 032 | 74 410 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 13 104 | 3467 | 23 394 | 18 996 | 16 074 | -7364 | -1711 | 18 321 | 30 231 | 38 470 |
| Total equity | -34 650 | -29 805 | -6411 | 7545 | 23 619 | -3745 | -5456 | 12 865 | 35 596 | 41 566 |
| Income statement | ||||||||||
| Sales revenue | 68 157 | 128 245 | 191 429 | 192 126 | 243 610 | 244 337 | 247 258 | 236 098 | 245 566 | 285 032 |
| Operating profit | 13 104 | 3467 | 23 394 | 19 301 | 16 074 | -1902 | -1620 | 18 324 | 30 665 | 38 786 |
| Profit before income tax | 13 104 | 3467 | 23 394 | 19 301 | 16 074 | -2077 | -1711 | 18 321 | 30 231 | 38 470 |
| Profit for the reporting year | 13 104 | 3467 | 23 394 | 18 996 | 16 074 | -7364 | -1711 | 18 321 | 30 231 | 38 470 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 5 | 5 | 7 | 6 | 9 | 9 | 9 | 7 | 7 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 20 000 | 0 | 0 | 7500 | 32 500 |
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 Smart Business Solutions
Overview
SIA Smart Business Solutions (reg. no. 40103327665) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Brīvības iela 73 - 1.
Financial results
Revenue in 2025 was 285 032 €, up 16,1% on the previous year (245 566 €). From 2016 to 2025, revenue grew by an average of 17,2% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 38 470 € (13,5% of revenue). The company was profitable in 8 of the 10 published years. In 2025 the company had 7 employees. Revenue per employee was 40 719 €. At the end of 2025, total assets were 115 976 € and equity 41 566 € (35,8% 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.