SIA "Power Therm"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 13 018 | 29 397 | 33 672 | 39 512 | 38 549 | 18 161 | 21 140 | 33 621 | 30 328 | 28 220 | 22 905 | 22 102 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 13 018 | 29 397 | 33 672 | 39 512 | 38 549 | 18 161 | 21 140 | 33 621 | 30 328 | 28 220 | 22 905 | 22 102 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 14 517 | 26 580 | 30 430 | 37 743 | 37 921 | 17 879 | 21 643 | 34 767 | 31 841 | 30 393 | 25 709 | 25 225 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 14 517 | 26 580 | 30 430 | 37 743 | 37 921 | 17 879 | 21 643 | 34 767 | 31 841 | 30 393 | 25 709 | 25 225 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3999 | 4316 | 425 | -1473 | -1141 | -346 | -785 | -643 | -367 | -660 | -631 | -319 |
| Total equity | -1499 | 2817 | 3242 | 1769 | 628 | 282 | -503 | -1146 | -1513 | -2173 | -2804 | -3123 |
| Income statement | ||||||||||||
| Sales revenue | 68 493 | 225 077 | 107 604 | 183 012 | 197 721 | 239 329 | 170 526 | 221 255 | 236 260 | 179 289 | 237 050 | 221 706 |
| Operating profit | -3999 | 4316 | 425 | -1473 | -1141 | -346 | -785 | -643 | -367 | -660 | -631 | -319 |
| EBITDA | -3999 | 4316 | 425 | -1473 | -1141 | -346 | -785 | -643 | -367 | -660 | -631 | -319 |
| Profit before income tax | -3999 | 4316 | 425 | -1473 | -1141 | -346 | -785 | -643 | -367 | -660 | -631 | -319 |
| Profit for the reporting year | -3999 | 4316 | 425 | -1473 | -1141 | -346 | -785 | -643 | -367 | -660 | -631 | -319 |
| Labour costs | 14 689 | 31 082 | 21 646 | 20 302 | 17 853 | 12 962 | 11 374 | 28 459 | 26 997 | 28 027 | 43 850 | 27 523 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | ||||||||||||
| Employees | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 5 | 2 | 3 | 2 |
| Calculated dividend | — | 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.
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Summary: SIA "Power Therm"
Overview
SIA "Power Therm" (reg. no. 40103696369) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Olaines nov., Olaines pag., Jaunolaine, Meža iela 8 - 2.
Financial results
Revenue in 2025 was 221 706 €, down 6,5% on the previous year (237 050 €). From 2014 to 2025, revenue grew by an average of 11,3% per year. 2025 ended with a loss of 319 €. The company was profitable in 2 of the 12 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 110 853 €.
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-3123 €).
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.