SIA "Word Art"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2023
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 15 017 | 8355 | 1402 | 1523 | 15 049 | 10 714 | 15 268 | 15 734 | 14 876 | 20 966 | 23 290 | 26 589 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 1501 | 5481 | 4230 | 3807 | 3206 | 1731 | 1063 |
| Total assets | 15 017 | 8355 | 1402 | 1523 | 15 049 | 12 215 | 20 749 | 19 964 | 18 683 | 24 172 | 25 021 | 27 652 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 4367 | 299 | 30 | 60 | 13 826 | 14 656 | 16 430 | 28 279 | 40 656 | 75 125 | 94 109 | 101 813 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 114 | 9255 | 14 356 | 14 518 |
| Total liabilities | 4367 | 299 | 30 | 60 | 13 826 | 14 656 | 16 436 | 28 285 | 40 770 | 84 380 | 108 465 | 116 331 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8650 | 1731 | -1473 | 91 | -240 | -3664 | 6754 | -12 634 | -13 766 | -38 121 | -23 236 | -5235 |
| Total equity | 10 650 | 8056 | 1372 | 1463 | 1223 | -2441 | 4313 | -8321 | -22 087 | -60 208 | -83 444 | -88 679 |
| Income statement | ||||||||||||
| Sales revenue | 25 158 | 12 808 | 35 216 | 12 985 | 1457 | 21 892 | 50 798 | 44 071 | 46 037 | 85 027 | 103 395 | 68 034 |
| Operating profit | 10 177 | 2002 | -1473 | 141 | -190 | -3664 | 6754 | -12 634 | -13 766 | -38 121 | -23 068 | -5022 |
| Profit before income tax | 10 177 | 2002 | -1473 | 141 | -190 | -3664 | 6754 | -12 634 | -13 766 | -38 121 | -23 236 | -5235 |
| Profit for the reporting year | 8650 | 1731 | -1473 | 91 | -240 | -3664 | 6754 | -12 634 | -13 766 | -38 121 | -23 236 | -5235 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 6 | 5 | 3 |
| Calculated dividend | — | 4325 | 5211 | 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 "Word Art"
Overview
SIA "Word Art" (reg. no. 40103537824) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Latgales iela 252 k-5 - 50.
Financial results
Revenue in 2023 was 68 034 €, down 34,2% on the previous year (103 395 €). From 2012 to 2023, revenue grew by an average of 9,5% per year. 2023 ended with a loss of 5235 €. The company was profitable in 4 of the 12 published years. In 2023 the company had 3 employees (5 a year earlier). Revenue per employee was 22 678 €.
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 2023 (-88 679 €). The latest published annual report is for 2023.
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.