SIA "Sonarworks"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2024
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 61 478 | 50 606 | 150 884 | 134 860 | 653 912 | 724 368 | 738 889 | 1 925 600 | 1 808 184 | 1 514 890 | 2 320 141 | 994 799 | 1 004 044 |
| Total non-current assets | 1179 | 19 353 | 53 205 | 382 732 | 644 092 | 987 894 | 1 356 863 | 1 997 790 | 2 872 224 | 3 904 847 | 4 798 311 | 2 813 228 | 2 569 570 |
| Total assets | 62 657 | 69 959 | 204 089 | 517 592 | 1 298 004 | 1 712 262 | 2 095 752 | 3 923 390 | 4 680 408 | 5 419 737 | 7 118 452 | 3 808 027 | 3 573 614 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 13 | 19 983 | 36 466 | 24 980 | 169 267 | 247 589 | 1 916 305 | 666 126 | 2 660 190 | 1 494 177 | 1 296 931 | 958 080 | 1 252 253 |
| Non-current liabilities | 59 738 | 140 561 | 0 | 0 | 700 000 | 500 000 | 0 | 0 | 406 244 | 92 846 | 61 898 | 95 126 | 0 |
| Total liabilities | 59 751 | 160 544 | 36 466 | 24 980 | 869 267 | 747 589 | 1 916 305 | 666 126 | 3 066 434 | 1 587 023 | 1 358 829 | 1 053 206 | 1 252 253 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -94 | -93 491 | -303 282 | -56 157 | -58 836 | -216 736 | -785 226 | -1 876 451 | -1 643 291 | -2 554 075 | -1 839 207 | -4 054 952 | -525 262 |
| Total equity | 2906 | -90 585 | 167 623 | 492 612 | 428 737 | 964 673 | 179 447 | 3 257 264 | 1 613 974 | 3 831 764 | 5 758 428 | 2 753 861 | 2 320 401 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 7955 | 288 570 | 923 459 | 1 467 788 | 2 201 666 | 2 641 711 | 3 500 872 | 3 852 806 | 3 633 301 | 4 055 474 | 3 880 027 |
| Operating profit | -94 | -93 491 | -303 282 | -56 157 | -37 725 | -182 971 | -722 288 | -1 834 390 | -1 582 742 | -2 495 671 | -1 817 883 | -4 025 134 | -496 235 |
| Profit before income tax | -94 | -93 491 | -303 282 | -56 157 | -58 836 | -216 736 | -784 981 | -1 875 230 | -1 643 165 | -2 548 599 | -1 829 365 | -4 031 554 | -519 071 |
| Profit for the reporting year | -94 | -93 491 | -303 282 | -56 157 | -58 836 | -216 736 | -785 226 | -1 876 451 | -1 643 291 | -2 554 075 | -1 839 207 | -4 054 952 | -525 262 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 4 | 9 | 11 | 18 | 28 | 39 | 56 | 60 | 75 | 71 | 66 | 42 |
| Calculated dividend | — | 0 | 0 | 0 | 5039 | 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 "Sonarworks"
Overview
SIA "Sonarworks" (reg. no. 40103611667) is a limited liability company. The company was registered in 2012 and has been in the register for 13 years. Registered address: Rīga, Šmerļa iela 3.
Financial results
Revenue in 2024 was 3 880 027 €, down 4,3% on the previous year (4 055 474 €). 2024 ended with a loss of 525 262 €. The company made a loss in all 13 published years. In 2024 the company had 42 employees (66 a year earlier). Revenue per employee was 92 382 €. At the end of 2024, total assets were 3 573 614 € and equity 2 320 401 € (64,9% of assets).
Management and owners
The board has 2 members. The sole owner of the company is Sonarworks Investments, Inc..
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.