SIA "AR Smart"Active
Key figures
Ratios
2025Balance sheet structure
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 | 1633 | 1344 | 1182 | 8321 | 9879 | 5475 | 6502 | 113 | 1227 | 370 | 4369 | 77 064 | 14 248 | 45 317 | 36 859 |
| Total non-current assets | 0 | 0 | 111 | 123 745 | 115 904 | 108 227 | 70 571 | 66 355 | 64 161 | 63 755 | 63 696 | 174 301 | 132 713 | 69 949 | 44 429 |
| Total assets | 1633 | 1344 | 1293 | 132 066 | 125 783 | 113 702 | 77 073 | 66 468 | 65 388 | 64 125 | 68 065 | 251 365 | 146 961 | 115 266 | 81 288 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 697 | 827 | 1451 | 100 451 | 2349 | 2686 | 13 657 | 13 103 | 13 698 | 13 218 | 12 861 | 5555 | 5082 | 3673 | 3080 |
| Non-current liabilities | 0 | 0 | 0 | 30 160 | 124 854 | 124 154 | 80 143 | 71 145 | 62 355 | 52 305 | 42 877 | 0 | 0 | 0 | 0 |
| Total liabilities | 697 | 827 | 1451 | 130 611 | 127 203 | 126 840 | 93 800 | 84 248 | 76 053 | 65 523 | 55 738 | 5555 | 5082 | 3673 | 3080 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1064 | -419 | -675 | 719 | -2876 | -11 718 | -3589 | -1052 | 7115 | 9267 | 13 725 | 233 483 | -103 931 | -30 286 | -33 385 |
| Total equity | 936 | 517 | -158 | 1455 | -1420 | -13 138 | -16 727 | -17 780 | -10 665 | -1398 | 12 327 | 245 810 | 141 879 | 111 593 | 78 208 |
| Income statement | |||||||||||||||
| Sales revenue | 1009 | 1462 | 878 | 28 266 | 35 707 | 46 670 | 49 580 | 53 994 | 64 738 | 64 172 | 67 182 | 111 770 | 146 725 | 57 160 | 39 224 |
| Operating profit | -1064 | -419 | -675 | 761 | -2813 | -11 718 | -1498 | 2480 | 10 612 | 12 338 | 16 353 | 233 883 | -103 931 | -30 286 | -33 385 |
| EBITDA | — | — | — | — | — | -11 718 | -1498 | 2480 | 10 612 | 12 338 | 16 353 | 233 883 | -103 931 | -30 286 | -33 385 |
| Profit before income tax | -1064 | -419 | -675 | 719 | -2876 | -11 718 | -3589 | -1052 | 7115 | 9267 | 13 725 | 233 483 | -103 931 | -30 286 | -33 385 |
| Profit for the reporting year | -1064 | -419 | -675 | 719 | -2876 | -11 718 | -3589 | -1052 | 7115 | 9267 | 13 725 | 233 483 | -103 931 | -30 286 | -33 385 |
| Labour costs | — | — | — | — | — | 8356 | 10 386 | 6742 | 6558 | 6407 | 7568 | 14 022 | 38 633 | 10 620 | 8763 |
| Depreciation of non-current assets | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | |||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 5 | 2 |
| Calculated dividend | — | 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 "AR Smart"
Overview
SIA "AR Smart" (reg. no. 40103378375) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Ķekavas nov., Baldones pag., "Jaunkubas 1".
Financial results
Revenue in 2025 was 39 224 €, down 31,4% on the previous year (57 160 €). From 2011 to 2025, revenue grew by an average of 29,9% per year. 2025 ended with a loss of 33 385 €. The company was profitable in 5 of the 15 published years. In 2025 the company had 2 employees (5 a year earlier). Revenue per employee was 19 612 €. At the end of 2025, total assets were 81 288 € and equity 78 208 € (96,2% 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.