SIA "Carmine Red IT"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 181 582 € (92% 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 | 1313 | 2758 | 4453 | 47 990 | 79 622 | 53 505 | 49 686 | 18 985 | 132 890 | 446 144 | 287 311 | 176 686 | 152 672 |
| Total non-current assets | 860 | 750 | 400 | 83 | 0 | 0 | 0 | 1481 | 44 380 | 54 230 | 60 168 | 43 090 | 59 955 |
| Total assets | 2173 | 3508 | 4853 | 48 073 | 79 622 | 53 505 | 49 686 | 20 466 | 177 270 | 500 374 | 347 479 | 219 776 | 212 627 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 344 | 301 | 556 | 13 567 | 22 744 | 2475 | 2057 | 635 | 9744 | 275 087 | 25 060 | 23 193 | 73 337 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 344 | 301 | 556 | 13 567 | 22 744 | 2475 | 2057 | 635 | 9744 | 275 087 | 25 060 | 23 193 | 73 337 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -171 | 604 | 1028 | 30 274 | 54 034 | 48 186 | 44 785 | 16 987 | 147 695 | 57 761 | 307 419 | 42 164 | 124 289 |
| Total equity | 1829 | 3207 | 4234 | 34 506 | 56 878 | 51 030 | 47 629 | 19 831 | 167 526 | 225 287 | 322 419 | 196 583 | 139 290 |
| Income statement | |||||||||||||
| Sales revenue | 396 | 4420 | 7650 | 54 753 | 125 466 | 98 340 | 82 527 | 68 498 | 2 579 421 | 724 719 | 4 282 688 | 1 003 206 | 1 370 468 |
| Operating profit | -171 | 604 | 1234 | 35 665 | 63 723 | 48 186 | 44 785 | 28 183 | 148 460 | 58 888 | 360 643 | 84 366 | 170 504 |
| Profit before income tax | -171 | 604 | 1234 | 35 665 | 63 723 | 48 186 | 44 785 | 28 183 | 148 460 | 58 888 | 360 643 | 84 366 | 170 504 |
| Profit for the reporting year | -171 | 604 | 1028 | 30 274 | 54 034 | 48 186 | 44 785 | 16 987 | 147 695 | 57 761 | 307 419 | 42 164 | 124 289 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 31 662 | 54 034 | 48 186 | 44 785 | 0 | 0 | 210 287 | 168 000 | 181 582 |
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 "Carmine Red IT"
Overview
SIA "Carmine Red IT" (reg. no. 40103691198) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Mazā Krasta iela 83.
Financial results
Revenue in 2025 was 1 370 468 €, up 36,6% on the previous year (1 003 206 €). From 2013 to 2025, revenue grew by an average of 97,2% per year. Net profit for 2025 was 124 289 € (9,1% of revenue). The company was profitable in 12 of the 13 published years. In 2025 the company had 4 employees. Revenue per employee was 342 617 €. At the end of 2025, total assets were 212 627 € and equity 139 290 € (65,5% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.