SIA "Pipeman"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 4920 | 2157 | 825 | 93 | 5651 | 4655 | 7542 | 7063 | 66 | 8701 | 51 270 | 59 490 | 154 783 |
| Total non-current assets | 250 | 142 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 5170 | 2299 | 825 | 93 | 5651 | 4655 | 7542 | 7063 | 66 | 8701 | 51 270 | 59 490 | 154 783 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 2646 | 3252 | 11 285 | 1070 | 5137 | 4538 | 4702 | 9368 | 0 | 0 | 46 796 | 50 893 | 110 376 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3420 | 8501 | 0 | 0 | 0 |
| Total liabilities | 2646 | 3252 | 11 285 | 1070 | 5137 | 4538 | 4702 | 9368 | 3420 | 8501 | 46 796 | 50 893 | 110 376 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -996 | -4297 | -10 388 | 12 279 | 1491 | -397 | 2723 | -5145 | -1049 | 3554 | 4273 | 4123 | 35 810 |
| Total equity | 1004 | -2868 | -13 256 | -977 | 514 | 117 | 2840 | -2305 | -3354 | 200 | 4474 | 8597 | 44 407 |
| Income statement | |||||||||||||
| Sales revenue | 19 314 | 26 500 | 21 794 | 37 730 | 27 118 | 39 000 | 25 104 | 33 406 | 10 900 | 96 050 | 227 150 | 305 594 | 670 674 |
| Operating profit | -996 | -4297 | -10 388 | 12 279 | 1491 | -397 | 2723 | -5145 | -1049 | 3554 | 4273 | 4123 | 35 810 |
| Profit before income tax | -996 | -4297 | -10 388 | 12 279 | 1491 | -397 | 2723 | -5145 | -1049 | 3554 | 4273 | 4123 | 35 810 |
| Profit for the reporting year | -996 | -4297 | -10 388 | 12 279 | 1491 | -397 | 2723 | -5145 | -1049 | 3554 | 4273 | 4123 | 35 810 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 5 | 5 | 5 | 4 | 3 | 5 | 4 | 4 | 2 | 9 | 13 | 16 | 18 |
| Calculated dividend | — | 0 | 0 | 0 | 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 "Pipeman"
Overview
SIA "Pipeman" (reg. no. 40103654350) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Rudens iela 3 - 70.
Financial results
Revenue in 2025 was 670 674 €, up 119% on the previous year (305 594 €). From 2013 to 2025, revenue grew by an average of 34,4% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 35 810 € (5,3% of revenue). The company was profitable in 7 of the 13 published years. In 2025 the company had 18 employees (16 a year earlier). Revenue per employee was 37 260 €. At the end of 2025, total assets were 154 783 € and equity 44 407 € (28,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.