Sabiedrība ar ierobežotu atbildību "First Row Technology"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 120 000 € (75% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2012–2024
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 100 | 663 | 3102 | 11 193 | 42 896 | 45 657 | 100 614 | 91 168 | 163 520 | 170 206 | 324 992 | 1 068 382 | 2 011 411 |
| Total non-current assets | 0 | 454 | 1504 | 6008 | 6866 | 6074 | 5283 | 3838 | 3125 | 3435 | 2514 | 3935 | 46 020 |
| Total assets | 100 | 1117 | 4606 | 17 201 | 49 762 | 51 731 | 105 897 | 95 006 | 166 645 | 173 641 | 327 506 | 1 072 317 | 2 057 431 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 1105 | 2592 | 9087 | 31 672 | 32 090 | 86 630 | 71 731 | 125 348 | 158 398 | 246 730 | 912 437 | 1 678 821 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 1105 | 2592 | 9087 | 31 672 | 32 090 | 86 630 | 71 731 | 125 348 | 158 398 | 246 730 | 912 437 | 1 678 821 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 0 | -88 | 1997 | 6209 | 6102 | 1551 | 3500 | 16 083 | 18 022 | -11 454 | 77 033 | 154 155 | 338 730 |
| Total equity | 100 | 12 | 2014 | 8114 | 18 090 | 19 641 | 19 267 | 23 275 | 41 297 | 15 243 | 80 776 | 159 880 | 378 610 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 1090 | 4438 | 12 615 | 16 952 | 22 321 | 36 969 | 63 795 | 37 910 | 11 940 | 119 316 | 253 567 | 571 812 |
| Operating profit | 0 | -85 | 2011 | 6736 | 6933 | 1852 | 3550 | 16 083 | 18 022 | -11 454 | 77 028 | 172 905 | 368 730 |
| EBITDA | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | 0 | -88 | 1997 | 6720 | 6921 | 1852 | 3550 | 16 083 | 18 022 | -11 454 | 77 033 | 172 905 | 368 730 |
| Profit for the reporting year | 0 | -88 | 1997 | 6209 | 6102 | 1551 | 3500 | 16 083 | 18 022 | -11 454 | 77 033 | 154 155 | 338 730 |
| Labour costs | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 3 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 3874 | 12 075 | 0 | 14 600 | 11 500 | 75 051 | 120 000 |
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: Sabiedrība ar ierobežotu atbildību "First Row Technology"
Overview
Sabiedrība ar ierobežotu atbildību "First Row Technology" (reg. no. 40103552768) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Rūpniecības iela 21 k-3 - 29.
Financial results
Revenue in 2024 was 571 812 €, up 126% on the previous year (253 567 €). This is the company's highest revenue among the published years (2012–2024). Net profit for 2024 was 338 730 € (59,2% of revenue). The company was profitable in 10 of the 13 published years. In 2024 the company had 6 employees (3 a year earlier). Revenue per employee was 95 302 €. At the end of 2024, total assets were 2 057 431 € and equity 378 610 € (18,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (40%) is held by 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.