SIA "NETWORX"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 58 189 | 499 275 | 3 008 443 | 940 840 | 782 881 | 856 374 | 865 171 | 886 292 | 950 682 | 114 003 | 62 485 | 45 348 | 70 304 | 57 426 |
| Total non-current assets | 832 | 4132 | 6314 | 5659 | 3361 | 2093 | 2297 | 1614 | 28 603 | 122 624 | 531 024 | 1 097 943 | 1 655 263 | 2 059 514 |
| Total assets | 59 021 | 503 407 | 3 014 757 | 946 499 | 786 242 | 858 467 | 867 468 | 887 906 | 979 285 | 236 627 | 593 509 | 1 143 291 | 1 725 567 | 2 116 940 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 49 314 | 486 254 | 2 296 706 | 508 656 | 477 248 | 375 146 | 213 386 | 34 259 | 31 562 | 308 139 | 117 714 | 1 190 360 | 1 425 060 | 2 910 984 |
| Non-current liabilities | 14 056 | 14 056 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 000 | 1 449 315 | 1 303 041 | 1 650 123 | 118 547 |
| Total liabilities | 63 370 | 500 310 | 2 296 706 | 508 656 | 477 248 | 375 146 | 213 386 | 34 259 | 31 562 | 908 139 | 1 567 029 | 2 493 401 | 3 075 183 | 3 029 531 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6349 | 7446 | 590 838 | 210 948 | 132 994 | 333 321 | 504 082 | 549 565 | 574 076 | -981 056 | -445 757 | -376 590 | 4243 | 437 024 |
| Total equity | -4349 | 3097 | 718 051 | 429 000 | 308 994 | 483 321 | 654 082 | 853 647 | 947 723 | -671 512 | -977 269 | -1 353 859 | -1 349 616 | -912 591 |
| Income statement | ||||||||||||||
| Sales revenue | 11 238 | 241 386 | 3 033 207 | 1 126 695 | 1 080 537 | 1 730 415 | 1 637 179 | 1 022 786 | 1 081 115 | 254 264 | 130 680 | 5000 | 538 474 | 1 596 171 |
| Operating profit | -6349 | 7446 | 701 134 | 259 502 | 160 247 | 796 750 | 1 001 609 | 637 493 | 694 329 | -821 433 | -415 734 | -343 703 | 88 225 | 526 817 |
| Profit before income tax | -6349 | 7446 | 701 134 | 259 502 | 160 247 | 796 750 | 1 001 609 | 637 493 | 694 329 | -821 433 | -418 775 | -368 406 | 24 205 | 456 080 |
| Profit for the reporting year | -6349 | 7446 | 590 838 | 210 948 | 132 994 | 333 321 | 504 082 | 549 565 | 574 076 | -981 056 | -445 757 | -376 590 | 4243 | 437 024 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 3 | 4 | 4 | 6 | 6 | 9 | 10 | 12 | 8 | 5 | 5 | 5 | 7 |
| Calculated dividend | 0 | 0 | 0 | 500 000 | 253 000 | 158 994 | 333 321 | 350 000 | 480 000 | 638 179 | 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 "NETWORX"
Overview
SIA "NETWORX" (reg. no. 40103516911) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Duntes iela 15A.
Financial results
Revenue in 2025 was 1 596 171 €, up 196% on the previous year (538 474 €). From 2012 to 2025, revenue grew by an average of 46,4% per year. Net profit for 2025 was 437 024 € (27,4% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 7 employees (5 a year earlier). Revenue per employee was 228 024 €.
Management and owners
The board has 2 members. The sole owner of the company is ENTWORX GROUP AB.
Points to note
Equity was negative at the end of 2025 (-912 591 €).
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.