SIA "PRIMEWORKS"Active

40103360797Limited liability companyFounded 2010

Key figures

55 142 €-36,1%
Revenue 2025
+11,1%
Average annual growth 2011–2025
025 k50 k75 k100 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 10 000 € (26% 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).

History
2025 ~10 000 €
2024 ~32 230 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets142327321493321052673227134129318412863177818 38034 55640 19253 218
Total non-current assets1688431924692683145470515117522130084026221527775
Total assets3111705139625893672139321492294813632993177819 22037 17841 71953 993
Balance sheet — liabilities and equity
Current liabilities54034636309060916018603936654262507441033241980212032832168
Non-current liabilities072667290971376887073399327283273627136280000
Total liabilities540311 90210 38015 80413 70613 11276586990834710 37439521980212032832168
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-4833-3004-1126-19921635110230142125-2942-397520619 41417 81835 60823 389
Total equity-2833-5837-6963-11 900-10 265-9180-6166-4042-6984-7381-217417 24035 05838 43651 825
Income statement
Sales revenue12 65023 94527 55134 77338 46937 33639 63136 82837 40038 92619 00836 95245 88786 25255 142
Operating profit-4859-3258-2269-14721993129830552125-2942-397520619 41717 83343 66525 889
Profit before income tax-4833-3004-1126-19921635110230142125-2942-397520619 41717 83343 66525 889
Profit for the reporting year-4833-3004-1126-19921635110230142125-2942-397520619 41417 81835 60823 389
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees444445435311111
Calculated dividend—00000000000032 23010 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%SIA "PRIMEWORKS"Mažutko Vitalijs
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "PRIMEWORKS"

Overview

SIA "PRIMEWORKS" (reg. no. 40103360797) is a limited liability company. The company was registered in 2010 and has been in the register for 15 years. Registered address: Rīga, Aisteres iela 6.

Financial results

Revenue in 2025 was 55 142 €, down 36,1% on the previous year (86 252 €). From 2011 to 2025, revenue grew by an average of 11,1% per year. Net profit for 2025 was 23 389 € (42,4% of revenue). The company was profitable in 9 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 55 142 €. At the end of 2025, total assets were 53 993 € and equity 51 825 € (96,0% 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.