SIA "Summer Sound Festivāls"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 | 1227 | 1068 | 12 926 | 23 197 | 16 433 | 13 495 | 5520 | 22 479 | 249 889 | 338 634 | 320 118 | 341 949 | 776 519 | 1 118 523 | 497 766 |
| Total non-current assets | 0 | 0 | 2000 | 4305 | 4086 | 5680 | 6123 | 4189 | 1412 | 852 | 328 | 2260 | 1291 | 323 | 628 |
| Total assets | 1227 | 1068 | 14 926 | 27 502 | 20 519 | 19 175 | 11 643 | 26 668 | 251 301 | 339 486 | 320 446 | 344 209 | 777 810 | 1 118 846 | 498 394 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 30 | 60 | 79 408 | 127 231 | 118 641 | 196 372 | 332 526 | 558 312 | 195 892 | 308 733 | 292 714 | 103 186 | 98 428 | 75 071 | 52 308 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 000 | 50 000 | 50 000 | 50 000 | 110 584 | 107 326 | 90 468 |
| Total liabilities | 30 | 60 | 79 408 | 127 231 | 118 641 | 196 372 | 332 526 | 558 312 | 245 892 | 358 733 | 342 714 | 153 186 | 209 012 | 182 397 | 142 776 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -803 | -189 | -65 490 | -7979 | 1607 | -79 075 | -143 685 | -210 761 | 13 435 | -24 656 | -3021 | 213 290 | 377 775 | 367 651 | -580 832 |
| Total equity | 1197 | 1008 | -64 482 | -99 729 | -98 122 | -177 197 | -320 883 | -531 644 | 5409 | -19 247 | -22 268 | 191 023 | 568 798 | 936 449 | 355 618 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 0 | 113 442 | 184 093 | 169 327 | 147 947 | 106 584 | 132 830 | 573 110 | 15 511 | 0 | 944 853 | 957 737 | 959 481 | 1 091 814 |
| Operating profit | -803 | -189 | -66 390 | -7979 | 1607 | -79 075 | -143 685 | -210 761 | 13 435 | -24 656 | -2971 | 213 471 | 377 775 | 367 651 | -580 832 |
| Profit before income tax | -803 | -189 | -65 490 | -7979 | 1607 | -79 075 | -143 685 | -210 761 | 13 435 | -24 656 | -2971 | 213 471 | 377 775 | 367 651 | -580 832 |
| Profit for the reporting year | -803 | -189 | -65 490 | -7979 | 1607 | -79 075 | -143 685 | -210 761 | 13 435 | -24 656 | -3021 | 213 290 | 377 775 | 367 651 | -580 832 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 12 | 12 | 14 |
| 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 "Summer Sound Festivāls"
Overview
SIA "Summer Sound Festivāls" (reg. no. 40103389379) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Brīvības gatve 226 k-2.
Financial results
Revenue in 2025 was 1 091 814 €, up 13,8% on the previous year (959 481 €). This is the company's highest revenue among the published years (2011–2025). 2025 ended with a loss of 580 832 €. The company was profitable in 5 of the 15 published years. In 2025 the company had 14 employees (12 a year earlier). Revenue per employee was 77 987 €. At the end of 2025, total assets were 498 394 € and equity 355 618 € (71,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (41,7%) is held by a private individual. The company holds a stake in one other active Latvian company.
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.