SIA "SAFETY FIRST"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 64 658 € (51% 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 | 273 | 2142 | 5721 | 3642 | 6785 | 4168 | 21 296 | 18 386 | 30 911 | 51 161 | 141 769 | 155 240 | 269 448 |
| Total non-current assets | 982 | 2346 | 4235 | 3781 | 2613 | 1211 | 1374 | 2349 | 3108 | 8502 | 7163 | 38 053 | 87 310 |
| Total assets | 1255 | 4488 | 9956 | 7423 | 9398 | 5379 | 22 670 | 20 735 | 34 019 | 59 663 | 148 932 | 193 293 | 356 758 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 387 | 1038 | 3990 | 3211 | 6764 | 7600 | 10 594 | 5876 | 9137 | 17 903 | 48 224 | 52 338 | 105 913 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 072 | 26 494 |
| Total liabilities | 387 | 1038 | 3990 | 3211 | 6764 | 7600 | 10 594 | 5876 | 9137 | 17 903 | 48 224 | 65 410 | 132 407 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1132 | 2214 | 2516 | -1736 | -1578 | -4855 | 14 297 | 2783 | 10 023 | 16 878 | 58 948 | 67 175 | 161 126 |
| Total equity | 868 | 3450 | 5966 | 4212 | 2634 | -2221 | 12 076 | 14 859 | 24 882 | 41 760 | 100 708 | 127 883 | 224 351 |
| Income statement | |||||||||||||
| Sales revenue | 864 | 13 462 | 44 874 | 45 479 | 50 407 | 48 992 | 113 488 | 113 735 | 97 421 | 171 326 | 328 100 | 445 877 | 887 330 |
| Operating profit | -1132 | 2214 | 2516 | -1736 | -1578 | -4855 | 14 430 | 2960 | 10 107 | 17 052 | 59 048 | 77 732 | 179 318 |
| Profit before income tax | -1132 | 2214 | 2516 | -1736 | -1578 | -4855 | 14 430 | 2960 | 10 107 | 16 883 | 58 948 | 77 175 | 177 291 |
| Profit for the reporting year | -1132 | 2214 | 2516 | -1736 | -1578 | -4855 | 14 297 | 2783 | 10 023 | 16 878 | 58 948 | 67 175 | 161 126 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 2 | 5 | 5 | 4 | 3 | 3 | 4 | 6 | 6 | 8 | 14 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 000 | 64 658 |
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 "SAFETY FIRST"
Overview
SIA "SAFETY FIRST" (reg. no. 40103694211) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Katlakalna iela 9A.
Financial results
Revenue in 2025 was 887 330 €, up 99,0% on the previous year (445 877 €). From 2013 to 2025, revenue grew by an average of 78,2% per year. This is the company's highest revenue among the published years (2013–2025). Net profit for 2025 was 161 126 € (18,2% of revenue). The company was profitable in 9 of the 13 published years. In 2025 the company had 14 employees (8 a year earlier). Revenue per employee was 63 381 €. At the end of 2025, total assets were 356 758 € and equity 224 351 € (62,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (55,4%) 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.