SIA "LV System Service"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 336 112 € (24% of equity at the end of the previous year).
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 569 | 5 236 175 | 5 638 504 | 6 411 759 | 9 033 077 | 6 621 527 | 9 546 441 | 10 251 262 | 12 771 423 | 19 213 917 | 15 709 898 | 17 211 558 | 14 402 742 |
| Total non-current assets | 0 | 690 | 4661 | 8603 | 6073 | 5855 | 25 259 | 27 661 | 105 535 | 136 667 | 137 239 | 188 877 | 165 917 |
| Total assets | 569 | 5 236 865 | 5 643 165 | 6 420 362 | 9 039 150 | 6 627 382 | 9 571 700 | 10 278 923 | 12 876 958 | 19 350 584 | 15 847 137 | 17 400 435 | 14 568 659 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 4 079 157 | 3 750 810 | 3 516 101 | 5 156 244 | 3 026 155 | 6 228 257 | 5 947 004 | 5 826 511 | 12 649 343 | 10 081 684 | 6 806 004 | 4 222 781 |
| Non-current liabilities | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 200 000 | 5 207 000 |
| Total liabilities | 14 | 4 079 157 | 3 750 810 | 3 516 101 | 5 156 244 | 3 026 155 | 6 228 257 | 5 947 004 | 5 826 511 | 12 649 343 | 10 081 684 | 16 006 004 | 9 429 781 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1445 | 1 156 644 | 733 683 | 1 202 428 | 978 645 | 1 417 309 | 1 923 288 | 988 476 | 2 718 528 | 3 250 794 | 2 511 813 | 1 391 585 | 3 745 047 |
| Total equity | 555 | 1 157 434 | 1 891 117 | 2 904 261 | 3 882 906 | 3 601 227 | 3 343 443 | 4 331 919 | 7 050 447 | 6 701 241 | 5 765 453 | 1 394 431 | 5 138 878 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 10 638 821 | 7 893 092 | 16 503 812 | 12 861 573 | 14 013 725 | 18 336 756 | 18 040 271 | 22 887 580 | 38 762 853 | 34 086 000 | 37 497 589 | 40 763 746 |
| Operating profit | -1445 | 1 366 040 | 871 508 | 1 380 749 | 1 053 316 | 1 332 469 | 1 938 752 | 973 854 | 2 747 261 | 4 197 270 | 3 461 113 | 3 512 847 | 3 930 503 |
| Profit before income tax | -1445 | 1 361 156 | 866 911 | 1 411 182 | 1 149 619 | 1 420 213 | 2 003 688 | 988 516 | 2 720 701 | 4 150 794 | 3 388 184 | 3 315 238 | 3 769 248 |
| Profit for the reporting year | -1445 | 1 156 644 | 733 683 | 1 202 428 | 978 645 | 1 417 309 | 1 923 288 | 988 476 | 2 718 528 | 3 250 794 | 2 511 813 | 1 391 585 | 3 745 047 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 18 | 19 | 17 | 18 | 21 | 20 | 20 | 24 | 25 | 27 | 29 |
| Calculated dividend | — | 0 | 0 | 189 284 | 0 | 719 899 | 448 107 | 448 393 | 250 000 | 0 | 3 600 000 | 60 208 | 336 112 |
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 "LV System Service"
Overview
SIA "LV System Service" (reg. no. 40103676803) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Miera iela 93 - 27.
Financial results
Revenue in 2025 was 40 763 746 €, up 8,7% on the previous year (37 497 589 €). This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 3 745 047 € (9,2% of revenue). The company was profitable in 12 of the 13 published years. In 2025 the company had 29 employees (27 a year earlier). Revenue per employee was 1 405 646 €. At the end of 2025, total assets were 14 568 659 € and equity 5 138 878 € (35,3% of assets).
Management and owners
The board has 2 members. 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.