SIA "Conversio"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 | 3929 | 14 978 | 11 392 | 14 739 | 10 945 | 10 492 | 3790 | 3405 | 20 002 | 28 785 | 44 706 | 61 152 | 13 250 |
| Total non-current assets | 0 | 3047 | 1584 | 3475 | 4052 | 14 402 | 15 168 | 13 882 | 23 332 | 19 772 | 10 709 | 15 750 | 20 606 |
| Total assets | 3929 | 18 025 | 12 976 | 18 214 | 14 997 | 24 894 | 18 958 | 17 287 | 43 334 | 48 557 | 55 415 | 76 902 | 33 856 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 3250 | 16 789 | 9402 | 13 105 | 9058 | 8566 | 15 636 | 15 463 | 15 876 | 7973 | 9984 | 7627 | 7693 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 7238 | 5284 | 3147 | 943 | 0 | 0 | 0 | 0 |
| Total liabilities | 3250 | 16 789 | 9402 | 13 105 | 9058 | 15 804 | 20 920 | 18 610 | 16 819 | 7973 | 9984 | 7627 | 7693 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 678 | 271 | 2339 | 1533 | 831 | 3151 | -11 052 | 639 | 27 839 | 14 068 | 4847 | 23 844 | -43 112 |
| Total equity | 679 | 1236 | 3574 | 5109 | 5939 | 9090 | -1962 | -1323 | 26 515 | 40 584 | 45 431 | 69 275 | 26 163 |
| Income statement | |||||||||||||
| Sales revenue | 18 808 | 39 896 | 63 177 | 67 471 | 98 603 | 68 603 | 56 916 | 59 566 | 101 126 | 101 657 | 131 719 | 167 799 | 114 613 |
| Operating profit | 678 | 271 | 3119 | 1978 | 953 | 3151 | -11 052 | 639 | 27 839 | 14 086 | 4848 | 23 847 | -43 092 |
| EBITDA | 678 | 3318 | 4581 | 4603 | 2875 | 7341 | -6230 | 6225 | 34 625 | 24 643 | — | — | — |
| Profit before income tax | 678 | 271 | 3119 | 1978 | 953 | 3151 | -11 052 | 639 | 27 839 | 14 086 | 4847 | 23 844 | -43 112 |
| Profit for the reporting year | 678 | 271 | 2339 | 1533 | 831 | 3151 | -11 052 | 639 | 27 839 | 14 068 | 4847 | 23 844 | -43 112 |
| Labour costs | 722 | 4218 | 4577 | 7842 | 18 392 | 12 057 | 11 351 | 11 367 | 11 317 | 15 648 | — | — | — |
| Depreciation of non-current assets | 0 | 3047 | 1462 | 2625 | 1922 | 4190 | 4822 | 5586 | 6786 | 10 557 | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| 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.
Connections graph
Summary: SIA "Conversio"
Overview
SIA "Conversio" (reg. no. 40103662771) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Jūrmala, Tērbatas iela 31A - 14.
Financial results
Revenue in 2025 was 114 613 €, down 31,7% on the previous year (167 799 €). From 2013 to 2025, revenue grew by an average of 16,3% per year. 2025 ended with a loss of 43 112 €. The company was profitable in 11 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 114 613 €. At the end of 2025, total assets were 33 856 € and equity 26 163 € (77,3% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.