SIA "ETX Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 75 000 € (39% 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 | 3645 | 6308 | 5462 | 13 239 | 20 758 | 64 199 | 75 692 | 100 670 | 107 776 | 139 633 | 202 559 | 155 533 | 188 424 |
| Total non-current assets | 0 | 1181 | 19 272 | 26 230 | 45 626 | 34 254 | 37 351 | 28 224 | 51 543 | 63 736 | 50 367 | 52 814 | 27 307 |
| Total assets | 3645 | 7489 | 24 734 | 39 469 | 66 384 | 98 453 | 113 043 | 128 894 | 159 319 | 203 369 | 252 926 | 208 347 | 215 731 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 482 | 860 | 5599 | 9534 | 21 684 | 15 643 | 21 686 | 10 109 | 8352 | 14 641 | 22 989 | 14 184 | 22 026 |
| Non-current liabilities | 436 | 0 | 53 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 918 | 860 | 5652 | 9534 | 21 684 | 15 643 | 21 686 | 10 109 | 8352 | 14 641 | 22 989 | 14 184 | 22 026 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 2726 | 6628 | 19 081 | 9941 | 18 734 | 43 707 | 47 649 | 72 428 | 69 682 | 95 261 | 113 709 | 94 226 | 74 542 |
| Total equity | 2727 | 6629 | 19 082 | 29 023 | 44 258 | 82 409 | 91 357 | 118 785 | 150 967 | 188 728 | 229 937 | 194 163 | 193 705 |
| Income statement | |||||||||||||
| Sales revenue | 20 068 | 75 742 | 121 895 | 139 870 | 194 824 | 260 736 | 277 761 | 282 301 | 269 265 | 480 616 | 506 613 | 487 186 | 482 929 |
| Operating profit | 3208 | 7811 | 21 456 | 11 165 | 22 071 | 43 709 | 47 804 | 72 428 | 69 682 | 95 307 | 113 821 | 94 333 | 93 427 |
| Profit before income tax | 3208 | 7800 | 21 447 | 11 151 | 21 926 | 43 707 | 47 649 | 72 428 | 69 682 | 95 307 | 113 821 | 94 333 | 93 427 |
| Profit for the reporting year | 2726 | 6628 | 19 081 | 9941 | 18 734 | 43 707 | 47 649 | 72 428 | 69 682 | 95 261 | 113 709 | 94 226 | 74 542 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 2726 | 6628 | 0 | 3499 | 5556 | 38 701 | 45 000 | 37 500 | 57 500 | 72 500 | 130 000 | 75 000 |
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 "ETX Latvia"
Overview
SIA "ETX Latvia" (reg. no. 40103668967) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Madonas iela 2 - 41.
Financial results
Revenue in 2025 was 482 929 €, down 0,9% on the previous year (487 186 €). From 2013 to 2025, revenue grew by an average of 30,4% per year. Net profit for 2025 was 74 542 € (15,4% of revenue). The company was profitable in all 13 published years. In 2025 the company had 3 employees. Revenue per employee was 160 976 €. At the end of 2025, total assets were 215 731 € and equity 193 705 € (89,8% 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.