Sabiedrība ar ierobežotu atbildību "RAECO"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 | 0 | 1 | 390 | 1517 | 3093 | 2183 | 7378 | 8551 | 7183 | 79 623 | 91 531 | 78 036 | 76 864 | 89 360 | 113 508 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 383 | 0 | 10 350 | 3788 | 9841 | 6785 | 46 385 | 35 794 | 24 438 |
| Total assets | 0 | 1 | 390 | 1517 | 3093 | 2183 | 7761 | 8551 | 17 533 | 83 411 | 101 372 | 84 821 | 123 249 | 125 154 | 137 946 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 66 | 110 | 1079 | 1678 | 1543 | 1943 | 10 521 | 19 621 | 39 802 | 77 387 | 80 367 | 120 535 | 116 950 | 168 489 | 127 253 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14 552 | 57 257 | 26 706 | 18 871 | 10 702 |
| Total liabilities | 66 | 110 | 1079 | 1678 | 1543 | 1943 | 10 521 | 19 621 | 39 802 | 77 387 | 94 919 | 177 792 | 143 656 | 187 360 | 137 955 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -69 | -43 | -580 | 818 | -1086 | -1310 | -3000 | -8310 | -11 199 | 28 293 | 429 | -99 424 | 72 564 | -41 799 | 62 197 |
| Total equity | -66 | -109 | -689 | -161 | 1550 | 240 | -2760 | -11 070 | -22 269 | 6024 | 6453 | -92 971 | -20 407 | -62 206 | -9 |
| Income statement | |||||||||||||||
| Sales revenue | 100 | 0 | 1831 | 21 381 | 13 039 | 22 321 | 31 707 | 37 740 | 108 558 | 326 721 | 709 166 | 873 668 | 976 626 | 899 471 | 998 771 |
| Operating profit | -69 | -43 | -580 | 818 | -1086 | -1310 | -3000 | -8310 | -11 199 | 28 293 | 429 | -99 420 | 72 524 | -41 937 | 62 197 |
| EBITDA | — | — | — | 2542 | -1086 | -1310 | -2685 | -7927 | -10 049 | 38 987 | 2975 | -96 364 | 81 790 | -33 268 | 73 553 |
| Profit before income tax | -69 | -43 | -580 | 818 | -1086 | -1310 | -3000 | -8310 | -11 199 | 28 293 | 429 | -99 420 | 72 564 | -41 799 | 62 197 |
| Profit for the reporting year | -69 | -43 | -580 | 818 | -1086 | -1310 | -3000 | -8310 | -11 199 | 28 293 | 429 | -99 424 | 72 564 | -41 799 | 62 197 |
| Labour costs | — | — | — | 1190 | 2451 | 5491 | 7329 | 7352 | 7921 | 15 674 | 28 428 | 84 225 | 70 853 | 59 151 | 81 618 |
| Depreciation of non-current assets | — | — | — | 1724 | 0 | 0 | 315 | 383 | 1150 | 10 694 | 2546 | 3056 | 9266 | 8669 | 11 356 |
| Other indicators | |||||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 5 | 6 | 9 | 7 | 5 | 6 |
| Calculated dividend | 0 | 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: Sabiedrība ar ierobežotu atbildību "RAECO"
Overview
Sabiedrība ar ierobežotu atbildību "RAECO" (reg. no. 40103395036) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Tukuma nov., Tukums, Zvirgzdu iela 8.
Financial results
Revenue in 2025 was 998 771 €, up 11,0% on the previous year (899 471 €). From 2011 to 2025, revenue grew by an average of 93,1% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 62 197 € (6,2% of revenue). The company was profitable in 5 of the 15 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 166 462 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (89,3%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-9 €).
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.