SIA "ARTEH"Active

40103431820Limited liability companyFounded 2011

Key figures

300 818 €-10,5%
Revenue 2025
+40,3%
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
050 k100 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 assets1120322022 98834 20442 70540 92161 51259 51959 53251 65757 68659 61448 97950 01278 367
Total non-current assets9902085812824 54321 30215 05320 62823 52933 24029 66425 04325 75216 75413 2728365
Total assets2110530531 11658 74764 00755 97482 14083 04892 77281 32182 72985 36665 73363 28486 732
Balance sheet — liabilities and equity
Current liabilities625348615 59527 23931 51829 53557 12046 28745 70725 26126 42729 73736 54147 86031 953
Non-current liabilities0036967596524900000000037 909
Total liabilities625348619 29134 83536 76729 53557 12046 28745 70725 26126 42729 73736 54147 86069 862
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-5401077776457669921577-142011 74110 3038995242-673-26 436-13 7681446
Total equity14601567934317 87024 86226 43925 02036 76147 06556 06056 30255 62929 19215 42416 870
Income statement
Sales revenue262715 67090 091256 416320 233333 072343 465416 290427 820372 912380 813405 344373 700336 293300 818
Operating profit-5401079345532282702314-108712 50811 1569581552-325-25 029-11 6054643
Profit before income tax-5401079074474276702045-97511 74110 3699037273-669-26 404-13 6441459
Profit for the reporting year-5401077776457669921577-142011 74110 3038995242-673-26 436-13 7681446
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees3369111111121210109988
Calculated dividend000000000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%SIA "ARTEH"Ratkēvičs Armands
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "ARTEH"

Overview

SIA "ARTEH" (reg. no. 40103431820) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Biķernieku iela 24B.

Financial results

Revenue in 2025 was 300 818 €, down 10,5% on the previous year (336 293 €). From 2011 to 2025, revenue grew by an average of 40,3% per year. Net profit for 2025 was 1446 € (0,5% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 8 employees. Revenue per employee was 37 602 €. At the end of 2025, total assets were 86 732 € and equity 16 870 € (19,5% 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.