SIA "World Audio Distribution"Active
Key figures
Ratios
2025Balance sheet structure
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 | 212 896 | 336 181 | 543 883 | 679 641 | 624 464 | 834 948 | 666 760 | 718 781 | 951 765 | 878 932 | 969 104 | 659 994 | 547 603 | 546 387 |
| Total non-current assets | 10 217 | 161 051 | 210 843 | 252 302 | 209 360 | 168 807 | 256 612 | 227 776 | 205 115 | 186 438 | 139 263 | 122 036 | 120 822 | 120 000 |
| Total assets | 223 113 | 497 232 | 754 726 | 931 943 | 833 824 | 1 003 755 | 923 372 | 946 557 | 1 156 880 | 1 065 370 | 1 108 367 | 782 030 | 668 425 | 666 387 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 190 433 | 147 524 | 212 187 | 403 254 | 187 331 | 619 186 | 651 726 | 273 888 | 407 872 | 270 632 | 321 642 | 41 275 | 43 455 | 62 336 |
| Non-current liabilities | 152 344 | 323 785 | 631 874 | 631 874 | 1 020 375 | 1 085 175 | 1 069 675 | 1 114 067 | 1 132 883 | 1 177 023 | 678 394 | 685 392 | 687 461 | 687 461 |
| Total liabilities | 342 777 | 471 309 | 844 061 | 1 035 128 | 1 207 706 | 1 704 361 | 1 721 401 | 1 387 955 | 1 540 755 | 1 447 655 | 1 000 036 | 726 667 | 730 916 | 749 797 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -121 664 | 138 740 | -122 640 | -13 850 | -271 145 | -326 724 | -97 423 | 356 631 | 57 524 | 1590 | 490 616 | -52 968 | -117 854 | -20 919 |
| Total equity | -119 664 | 19 076 | -95 498 | -109 348 | -373 882 | -700 606 | -798 029 | -441 398 | -383 875 | -382 285 | 108 331 | 55 363 | -62 491 | -83 410 |
| Income statement | ||||||||||||||
| Sales revenue | 169 848 | 564 739 | 856 168 | 776 686 | 841 519 | 854 637 | 1 151 990 | 1 237 984 | 1 585 406 | 2 535 769 | 1 721 175 | 799 606 | 454 453 | 364 111 |
| Operating profit | -118 882 | -21 941 | -248 406 | -21 351 | -273 755 | -326 157 | -95 376 | 358 016 | 57 524 | 1590 | 490 616 | -52 968 | -117 854 | -20 919 |
| Profit before income tax | -121 664 | 142 167 | -118 579 | -12 758 | -278 990 | -326 724 | -97 423 | 356 631 | 57 524 | 1590 | 490 616 | -52 968 | -117 854 | -20 919 |
| Profit for the reporting year | -121 664 | 138 740 | -122 640 | -13 850 | -271 145 | -326 724 | -97 423 | 356 631 | 57 524 | 1590 | 490 616 | -52 968 | -117 854 | -20 919 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 10 | 10 | 10 | 14 | 15 | 15 | 15 | 15 | 12 | 12 | 13 | 11 | 10 |
| Calculated dividend | — | 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 "World Audio Distribution"
Overview
SIA "World Audio Distribution" (reg. no. 40103525505) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Ganību dambis 30B.
Financial results
Revenue in 2025 was 364 111 €, down 19,9% on the previous year (454 453 €). From 2012 to 2025, revenue grew by an average of 6,0% per year. 2025 ended with a loss of 20 919 €. The company was profitable in 5 of the 14 published years. In 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 36 411 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-83 410 €).
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.