SIA "UPE IP"Active

40103378943Limited liability companyFounded 2011

Key figures

349 099 €+179,2%
Revenue 2025
+21,2%
Average annual growth 2011–2025
0200 k400 k600 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
0200 k400 k600 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets27 12074 32141 358244 342138 448138 365169 400140 878132 533121 40788 40876 50870 74770 406137 973
Total non-current assets153470 098135 887228 599264 382213 285167 060161 745113 06587 28583 16297 06071 55554 65545 561
Total assets28 654144 419177 245472 941402 830351 650336 460302 623245 598208 692171 570173 568142 302125 061183 534
Balance sheet — liabilities and equity
Current liabilities22 93890 06938 684144 984121 52396 82775 68853 92235 67640 98725 20746 88627 71649 79530 886
Non-current liabilities3416590411 86477 93170 63066 43171 82195 88197 103102 02899 622179 205266 475300 000300 000
Total liabilities26 35495 97350 548222 915192 153163 258147 509149 803132 779143 015124 829226 091294 191349 795330 886
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year30046 14678 25169 752-39 349-22 279559-36 132-40 001-47 142-18 935-99 264-99 366-75 43248 684
Total equity230048 446126 697250 026210 677188 392188 951152 820112 81965 67746 741-52 523-151 889-227 321-178 636
Income statement
Sales revenue23 667459 490144 86585 74162 90584 504168 587128 787104 00681 78197 217142 818127 421125 034349 099
Operating profit33154 46089 44272 284-39 153-22 1061299-35 979-39 897-46 997-18 900-99 241-99 366-75 37548 806
Profit before income tax30052 23689 19272 156-39 349-22 2791271-36 132-40 001-47 142-18 935-99 261-99 366-75 43248 684
Profit for the reporting year30046 14678 25169 752-39 349-22 279559-36 132-40 001-47 142-18 935-99 264-99 366-75 43248 684
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees122444444333434
Calculated dividend—00000000000000

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100%SIA "UPE IP"1Veinbergs Kaspars
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA "UPE IP"

Overview

SIA "UPE IP" (reg. no. 40103378943) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Ogres nov., Ikšķile, Tīnūžu šoseja 17.

Financial results

Revenue in 2025 was 349 099 €, up 179% on the previous year (125 034 €). From 2011 to 2025, revenue grew by an average of 21,2% per year. Net profit for 2025 was 48 684 € (13,9% of revenue). The company was profitable in 6 of the 15 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 87 275 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-178 636 €).

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.