Sabiedrība ar ierobežotu atbildību "IP Systems"Active

40103698853Limited liability companyFounded 2013

Key figures

40 553 €-41,9%
Revenue 2025
+27,1%
Average annual growth 2013–2025
0100 k200 k300 k’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2013–2025
2013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets42339394324740325 31524 56335 43937 85225 13326 20617 90925 50211 372
Total non-current assets010047854595326 71451 30939 42234 84047 41220 138347155017 284
Total assets423494312 17813 35652 02975 87274 86172 69272 54546 34418 25627 05228 656
Balance sheet — liabilities and equity
Current liabilities42540189283882647 20267 30952 08043 96956 79147 68011 16610 62813 906
Non-current liabilities0003100100098704485000000
Total liabilities4254018928311 92648 20277 17956 56543 96956 79147 68011 16610 62813 906
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year-49271970-14672397-513419 60310 427-12 970-17 08984269334-1674
Total equity-2925289514303827-130718 29628 72315 754-1336709016 42414 750
Income statement
Sales revenue227833 73547 53258 231116 889111 695133 419237 376121 67061 37769 93069 82640 553
Operating profit-37772294-7062843-490121 98111 620-12 465-16 48585849344-1674
Profit before income tax-49781982-14672401-507419 61810 452-12 945-17 06484269344-1674
Profit for the reporting year-49271970-14672397-513419 60310 427-12 970-17 08984269334-1674
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees2222356432222
Calculated dividend—000000000000

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50%50%Sabiedrība ar ierobež…1Dudarenoks VitalijsKarpinskis Aleksandrs
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "IP Systems"

Overview

Sabiedrība ar ierobežotu atbildību "IP Systems" (reg. no. 40103698853) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Ulbrokas iela 23.

Financial results

Revenue in 2025 was 40 553 €, down 41,9% on the previous year (69 826 €). From 2013 to 2025, revenue grew by an average of 27,1% per year. 2025 ended with a loss of 1674 €. The company was profitable in 7 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 20 277 €. At the end of 2025, total assets were 28 656 € and equity 14 750 € (51,5% 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.