SIA "Technoway Industries"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 29 999 € (5% 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 statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 30 854 | 36 144 | 64 533 | 75 838 | 215 844 | 129 685 | 198 847 | 212 064 | 255 371 | 196 471 | 191 203 | 501 620 | 654 191 |
| Total non-current assets | 11 436 | 51 183 | 117 251 | 210 850 | 159 489 | 145 092 | 142 391 | 116 773 | 86 264 | 177 875 | 160 885 | 267 412 | 242 672 |
| Total assets | 42 290 | 87 327 | 181 784 | 286 688 | 375 333 | 274 777 | 341 238 | 328 837 | 341 635 | 374 346 | 352 088 | 769 032 | 896 863 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 25 089 | 39 703 | 67 167 | 66 666 | 66 106 | 47 847 | 132 209 | 14 334 | 23 767 | 61 694 | 10 974 | 15 095 | 8057 |
| Non-current liabilities | 0 | 0 | 0 | 46 961 | 31 747 | 18 081 | 5425 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 25 089 | 39 703 | 67 167 | 113 627 | 97 853 | 65 928 | 137 634 | 14 334 | 23 767 | 61 694 | 10 974 | 15 095 | 8057 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 15 201 | 23 149 | 66 994 | 58 444 | 149 196 | 56 807 | 143 951 | 138 864 | 119 365 | 65 784 | 88 462 | 437 823 | 264 868 |
| Total equity | 17 201 | 47 624 | 114 617 | 173 061 | 277 480 | 208 849 | 203 604 | 314 503 | 317 868 | 312 652 | 341 114 | 653 937 | 888 806 |
| Income statement | |||||||||||||
| Sales revenue | 90 731 | 139 088 | 370 435 | 493 037 | 724 376 | 585 229 | 682 636 | 429 724 | 439 394 | 483 665 | 490 197 | 1 705 814 | 384 760 |
| Operating profit | 17 337 | 24 782 | 80 849 | 65 284 | 181 203 | 58 423 | 145 019 | 146 286 | 149 909 | 83 534 | 103 480 | 469 156 | 272 393 |
| Profit before income tax | 17 337 | 24 782 | 80 849 | 63 651 | 179 061 | 56 849 | 144 019 | 145 901 | 149 909 | 83 534 | 103 480 | 469 156 | 272 393 |
| Profit for the reporting year | 15 201 | 23 149 | 66 994 | 58 444 | 149 196 | 56 807 | 143 951 | 138 864 | 119 365 | 65 784 | 88 462 | 437 823 | 264 868 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 5 | 6 | 8 | 11 | 11 | 11 | 8 | 7 | 7 | 8 | 8 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 44 777 | 125 438 | 149 196 | 27 965 | 116 000 | 71 000 | 60 000 | 125 000 | 29 999 |
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 "Technoway Industries"
Overview
SIA "Technoway Industries" (reg. no. 40103600856) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Jelgavas iela 88 - 12.
Financial results
Revenue in 2025 was 384 760 €, down 77,4% on the previous year (1 705 814 €). From 2013 to 2025, revenue grew by an average of 12,8% per year. Net profit for 2025 was 264 868 € (68,8% of revenue). The company was profitable in all 13 published years. In 2025 the company had 5 employees (8 a year earlier). Revenue per employee was 76 952 €. At the end of 2025, total assets were 896 863 € and equity 888 806 € (99,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.