Sabiedrība ar ierobežotu atbildību "Scandinavian Innovation Group"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 72 593 | 185 266 | 551 602 | 804 841 | 1 326 957 | 1 146 737 | 1 392 199 | 1 492 072 | 1 640 591 | 1 343 017 | 1 124 960 | 973 949 | 966 840 | 1 149 658 | 1 197 217 |
| Total non-current assets | 2147 | 4884 | 27 625 | 39 337 | 57 918 | 98 899 | 137 743 | 124 495 | 110 131 | 68 874 | 85 654 | 75 632 | 55 843 | 72 769 | 102 623 |
| Total assets | 74 740 | 190 150 | 579 227 | 844 178 | 1 384 875 | 1 245 636 | 1 529 942 | 1 616 567 | 1 750 722 | 1 411 891 | 1 210 614 | 1 049 581 | 1 022 683 | 1 222 427 | 1 299 840 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 74 057 | 192 049 | 597 733 | 820 402 | 1 003 522 | 706 410 | 985 661 | 889 125 | 815 886 | 475 820 | 92 141 | 115 853 | 109 052 | 135 255 | 141 088 |
| Non-current liabilities | 0 | 0 | 23 108 | 64 880 | 81 880 | 78 480 | 75 880 | 68 880 | 68 880 | 68 880 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 74 057 | 192 049 | 620 841 | 885 282 | 1 085 402 | 784 890 | 1 061 541 | 958 005 | 884 766 | 544 700 | 92 141 | 115 853 | 109 052 | 135 255 | 141 088 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1317 | -2582 | -39 715 | 16 736 | 334 078 | 165 453 | 12 755 | 190 159 | 207 395 | 1235 | 251 282 | -184 745 | -20 097 | 173 539 | 71 582 |
| Total equity | 683 | -1899 | -41 614 | -42 475 | 291 603 | 460 746 | 468 401 | 658 562 | 865 956 | 867 191 | 1 118 473 | 933 728 | 913 631 | 1 087 172 | 1 158 752 |
| Income statement | |||||||||||||||
| Sales revenue | 57 136 | 138 156 | 335 635 | 830 197 | 1 984 063 | 1 653 412 | 1 406 459 | 1 990 945 | 2 429 729 | 1 601 638 | 1 278 597 | 1 833 682 | 1 646 113 | 2 214 282 | 2 292 419 |
| Operating profit | -1289 | -2518 | -39 652 | 18 310 | 387 918 | 199 416 | 23 949 | 201 104 | 222 075 | 11 739 | 255 557 | -174 233 | -18 030 | 174 513 | 72 113 |
| Profit before income tax | -1317 | -2582 | -39 715 | 16 736 | 384 388 | 188 610 | 13 511 | 190 779 | 208 219 | 1771 | 252 012 | -175 246 | -19 204 | 174 488 | 72 026 |
| Profit for the reporting year | -1317 | -2582 | -39 715 | 16 736 | 334 078 | 165 453 | 12 755 | 190 159 | 207 395 | 1235 | 251 282 | -184 745 | -20 097 | 173 539 | 71 582 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 0 | 0 | 4 | 17 | 23 | 20 | 15 | 18 | 18 | 20 | 14 | 16 | 16 | 18 | 18 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 5100 | 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 "Scandinavian Innovation Group"
Overview
Sabiedrība ar ierobežotu atbildību "Scandinavian Innovation Group" (reg. no. 40103442561) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Salamandras iela 1.
Financial results
Revenue in 2025 was 2 292 419 €, up 3,5% on the previous year (2 214 282 €). From 2011 to 2025, revenue grew by an average of 30,2% per year. Net profit for 2025 was 71 582 € (3,1% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 18 employees. Revenue per employee was 127 357 €. At the end of 2025, total assets were 1 299 840 € and equity 1 158 752 € (89,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is Scandinavian Innovation Group Oy. 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.