CONNECT IT SIAActive

40103390791Limited liability companyFounded 2011

Key figures

110 011 €+18,4%

Revenue 2025

+9,9%

Average annual growth 2011–2025

Ratios

2025

27,3%

Profit margin

79,6%

Equity ratio

5,1×

Current ratio

15,0%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Dividends

calculated

2025

No dividends were paid.

History

20250 €

20240 €

20230 €

20220 €

2021 ~41 670 €

2020 ~33 268 €

2019 ~45 926 €

2018 ~34 503 €

2017 ~24 889 €

2016 ~29 800 €

2015 ~37 731 €

20140 €

2013 ~23 503 €

20120 €

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	17 856	18 505	124 471	80 165	66 856	112 924	83 427	91 040	128 148	92 318	110 164	152 584	210 392	224 256	250 312
Total non-current assets	10 098	12 477	12 597	9045	4356	10 077	8126	5591	307	862	1682	275	825	1785	2000
Total assets	27 954	30 982	137 068	89 210	71 212	123 001	91 553	96 631	128 455	93 180	111 846	152 859	211 217	226 041	252 312
Balance sheet — liabilities and equity
Current liabilities	9009	5350	127 578	40 982	35 483	90 201	54 063	47 861	92 343	48 666	52 029	51 398	50 811	53 282	49 478
Non-current liabilities	0	0	0	0	0	3248	143	0	0	0	0	0	0	1900	1900
Total liabilities	9009	5350	127 578	40 982	35 483	93 449	54 206	47 861	92 343	48 666	52 029	51 398	50 811	55 182	51 378
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	16 945	6673	7361	34 726	25 232	23 623	32 684	45 926	33 268	41 670	56 973	41 488	58 945	10 453	30 075
Total equity	18 945	25 632	9490	48 228	35 729	29 552	37 347	48 770	36 112	44 514	59 817	101 461	160 406	170 859	200 934
Income statement
Sales revenue	29 373	50 413	74 796	603 714	197 759	283 690	270 394	152 601	123 015	147 285	184 896	137 456	102 096	92 939	110 011
Operating profit	18 986	7450	8487	41 978	30 726	28 413	37 850	46 450	42 539	49 085	65 263	41 863	58 945	10 453	33 362
Profit before income tax	18 986	7450	8465	41 978	30 726	28 122	37 693	46 136	42 529	49 085	65 263	41 863	58 945	10 453	33 362
Profit for the reporting year	16 945	6673	7361	34 726	25 232	23 623	32 684	45 926	33 268	41 670	56 973	41 488	58 945	10 453	30 075
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	1	2	2	2	2	2	2	2	2	2	2	1	1	1	1
Calculated dividend	—	0	23 503	0	37 731	29 800	24 889	34 503	45 926	33 268	41 670	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: CONNECT IT SIA

Overview

CONNECT IT SIA (reg. no. 40103390791) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Krišjāņa Barona iela 33A - 9.

Financial results

Revenue in 2025 was 110 011 €, up 18,4% on the previous year (92 939 €). From 2011 to 2025, revenue grew by an average of 9,9% per year. Net profit for 2025 was 30 075 € (27,3% of revenue). The company was profitable in all 15 published years. In 2025 the company had 1 employees. Revenue per employee was 110 011 €. At the end of 2025, total assets were 252 312 € and equity 200 934 € (79,6% of assets).

Management and owners

The company has one board member. According to the register, the company has 5 owners. The largest stake (65%) is held by 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.