SIA "IT Company"Active

40103629090Limited liability companyFounded 2013

Key figures

685 217 €+58,1%
Revenue 2025
+53,7%
Average annual growth 2013–2025
0250 k500 k750 k1 m’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets246157828114222 972446 207202 290189 399167 695244 08882 148
Total non-current assets000000017501568138512021020837
Total assets246157828114222 972447 957203 858190 784168 897245 10882 985
Balance sheet — liabilities and equity
Current liabilities4387051673171614651724183 132332 291272 676257 600233 732308 443146 551
Non-current liabilities0000000000000
Total liabilities4387051673171614651724183 132332 291272 676257 600233 732308 443146 551
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year2022-3527-1017-48331-32638 75175 826-184 4842002197915011270
Total equity2023-648-1665-1714-1384-171039 840115 666-68 818-66 816-64 835-63 335-63 566
Income statement
Sales revenue3950280530956004300881 552652 341379 450315 248798 213433 382685 217
Operating profit2022-3527-1017-48331-32638 75175 826-184 4842002197915011270
Profit before income tax2022-3527-1017-48331-32638 75175 826-184 4842002197915011270
Profit for the reporting year2022-3527-1017-48331-32638 75175 826-184 4842002197915011270
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees1111102633122
Calculated dividend—000000000000

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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100%SIA "IT Company"2Mustafajevs Rustams
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "IT Company"

Overview

SIA "IT Company" (reg. no. 40103629090) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Sergeja Eizenšteina iela 29.

Financial results

Revenue in 2025 was 685 217 €, up 58,1% on the previous year (433 382 €). From 2013 to 2025, revenue grew by an average of 53,7% per year. Net profit for 2025 was 1270 € (0,2% of revenue). The company was profitable in 8 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 342 609 €.

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 (-63 566 €).

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.