SEARCH MARKETING SERVICES SIAActive
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 | 2967 | 2736 | 9717 | 20 661 | 102 714 | 147 913 | 137 643 | 127 249 | 168 437 | 191 673 | 234 815 | 267 652 | 286 035 | 323 209 | 343 237 |
| Total non-current assets | 0 | 0 | 0 | 1590 | 7470 | 8124 | 3773 | 538 | 487 | 2518 | 1342 | 972 | 270 | 0 | 2802 |
| Total assets | 2967 | 2736 | 9717 | 22 251 | 110 184 | 156 037 | 141 416 | 127 787 | 168 924 | 194 191 | 236 157 | 268 624 | 286 305 | 323 209 | 346 039 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 0 | 117 | 2617 | 11 011 | 75 120 | 139 663 | 168 448 | 166 088 | 132 311 | 135 237 | 134 514 | 127 924 | 135 956 | 133 875 | 138 226 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 117 | 2617 | 11 011 | 75 120 | 139 663 | 168 448 | 166 088 | 132 311 | 135 237 | 134 514 | 127 924 | 135 956 | 133 875 | 138 226 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 967 | -348 | 4482 | 1138 | 23 824 | -18 874 | -43 301 | -11 230 | 39 473 | 22 341 | 42 689 | 39 203 | 9648 | 38 985 | 18 655 |
| Total equity | 2967 | 2619 | 7100 | 11 240 | 35 064 | 16 374 | -27 032 | -38 301 | 36 613 | 58 954 | 101 643 | 140 700 | 150 349 | 189 334 | 207 813 |
| Income statement | |||||||||||||||
| Sales revenue | 1476 | 36 561 | 52 401 | 84 428 | 1 085 941 | 350 206 | 249 792 | 286 720 | 244 263 | 225 853 | 199 386 | 192 911 | 124 151 | 150 300 | 177 594 |
| Operating profit | 970 | 163 | 5921 | -204 | 39 012 | -15 462 | -41 458 | -10 127 | 44 090 | 24 769 | 29 704 | 33 591 | 12 211 | 41 022 | 18 655 |
| Profit before income tax | 967 | -203 | 5275 | 1245 | 27 582 | -18 874 | -43 301 | -11 230 | 39 473 | 22 341 | 42 689 | 39 203 | 9648 | 38 985 | 18 655 |
| Profit for the reporting year | 967 | -348 | 4482 | 1138 | 23 824 | -18 874 | -43 301 | -11 230 | 39 473 | 22 341 | 42 689 | 39 203 | 9648 | 38 985 | 18 655 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 9 | 10 | 17 | 10 | 7 | 6 | 5 | 3 | 3 | 4 | 4 |
| 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: SEARCH MARKETING SERVICES SIA
Overview
SEARCH MARKETING SERVICES SIA (reg. no. 40103451371) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Sidraba iela 1 - 19.
Financial results
Revenue in 2025 was 177 594 €, up 18,2% on the previous year (150 300 €). From 2011 to 2025, revenue grew by an average of 40,8% per year. Net profit for 2025 was 18 655 € (10,5% of revenue). The company was profitable in 11 of the 15 published years. In 2025 the company had 4 employees. Revenue per employee was 44 399 €. At the end of 2025, total assets were 346 039 € and equity 207 813 € (60,1% 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.