SIA "CUTCENTRE"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 | 2000 | 56 383 | 905 479 | 671 759 | 620 826 | 191 095 | 200 622 | 314 229 | 109 453 | 87 564 | 181 362 | 521 757 | 123 477 | 159 830 | 213 465 |
| Total non-current assets | 0 | 4 214 039 | 4 709 344 | 5 978 599 | 5 270 637 | 4 540 450 | 3 813 006 | 3 079 489 | 2 352 137 | 1 627 933 | 898 324 | 173 182 | 4736 | 1543 | 10 133 |
| Total assets | 2000 | 4 270 422 | 5 614 823 | 6 650 358 | 5 891 463 | 4 731 545 | 4 013 628 | 3 393 718 | 2 461 590 | 1 715 497 | 1 079 686 | 694 939 | 128 213 | 161 373 | 223 598 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 14 | 764 071 | 2 191 793 | 1 757 106 | 2 112 505 | 1 968 296 | 1 355 158 | 1 208 300 | 1 095 499 | 1 011 614 | 872 804 | 748 860 | 607 687 | 801 136 | 205 700 |
| Non-current liabilities | 0 | 3 608 287 | 3 980 104 | 6 195 282 | 5 458 142 | 5 020 408 | 4 996 869 | 4 476 405 | 3 681 364 | 2 979 240 | 2 429 890 | 1 876 628 | 1 230 811 | 787 478 | 9924 |
| Total liabilities | 14 | 4 372 358 | 6 171 897 | 7 952 388 | 7 570 647 | 6 988 704 | 6 352 027 | 5 684 705 | 4 776 863 | 3 990 854 | 3 302 694 | 2 625 488 | 1 838 498 | 1 588 614 | 215 624 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -14 | -105 976 | -457 900 | -511 233 | -380 298 | -566 130 | -81 240 | 47 412 | -24 286 | 39 916 | 52 349 | 292 459 | 220 264 | 283 044 | 536 903 |
| Total equity | 1986 | -103 990 | -561 890 | -1 310 730 | -1 691 028 | -2 257 159 | -2 338 399 | -2 290 987 | -2 315 273 | -2 275 357 | -2 223 008 | -1 930 549 | -1 710 285 | -1 427 241 | 7974 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 76 473 | 1 139 811 | 2 278 198 | 4 765 526 | 2 040 383 | 1 763 237 | 1 778 448 | 1 438 503 | 1 734 732 | 1 620 768 | 1 993 772 | 1 497 910 | 1 391 748 | 1 801 201 |
| Operating profit | -14 | -83 423 | -361 561 | -397 928 | -288 359 | -484 089 | 19 322 | 149 372 | 65 618 | 117 831 | 105 169 | 343 513 | 340 309 | 385 627 | 587 782 |
| Profit before income tax | -14 | -105 976 | -457 900 | -511 233 | -380 298 | -566 130 | -70 269 | 67 906 | -6257 | 55 846 | 52 349 | 292 507 | 244 481 | 303 561 | 547 400 |
| Profit for the reporting year | -14 | -105 976 | -457 900 | -511 233 | -380 298 | -566 130 | -81 240 | 47 412 | -24 286 | 39 916 | 52 349 | 292 459 | 220 264 | 283 044 | 536 903 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 2 | 21 | 23 | 27 | 28 | 30 | 34 | 30 | 23 | 20 | 20 | 20 | 20 | 21 |
| 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: SIA "CUTCENTRE"
Overview
SIA "CUTCENTRE" (reg. no. 40103490129) is a limited liability company. The company was registered in 2011 and has been in the register for 14 years. Registered address: Rīga, Katlakalna iela 9.
Financial results
Revenue in 2025 was 1 801 201 €, up 29,4% on the previous year (1 391 748 €). Net profit for 2025 was 536 903 € (29,8% of revenue). The company was profitable in 7 of the 15 published years. In 2025 the company had 21 employees (20 a year earlier). Revenue per employee was 85 771 €. At the end of 2025, total assets were 223 598 € and equity 7974 € (3,6% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Elme Metall OU.
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.