SIA SystemaxActive

40103724268Limited liability companyFounded 2013

Key figures

1 379 856 €+31,8%
Revenue 2025
+16,3%
Average annual growth 2014–2025
0500 k1 m1,5 m’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 10 205 € (4% 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).

History
2025 ~10 205 €
2024 ~12 500 €
20230 €
20220 €
20210 €
20200 €
2019 ~32 000 €
20180 €
20170 €
20160 €
20150 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets55 382133 87490 366119 600143 704116 010110 370137 734222 807372 044438 969407 149
Total non-current assets0000005990725810 088670891 64288 438
Total assets55 382133 87490 366119 600143 704116 010116 360144 992232 895378 752530 611495 587
Balance sheet — liabilities and equity
Current liabilities27 68395 91443 59347 50360 53867 63850 94534 57178 532152 027224 584185 611
Non-current liabilities00000014 00000067 25442 833
Total liabilities27 68395 91443 59347 50360 53867 63864 94534 57178 532152 027291 838228 444
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year369910 261881325 32411 069-2794304359 00643 94172 36324 54838 575
Total equity27 69937 96046 77372 09783 16648 37251 415110 421154 363226 725238 773267 143
Income statement
Sales revenue261 132346 944294 736452 838410 921412 849491 990581 140699 4081 008 4471 047 3041 379 856
Operating profit394511 02710 57529 79311 069-2794304359 00643 94172 96226 70446 518
Profit before income tax436112 07710 57529 79311 069-2794304359 00643 94172 36324 54840 926
Profit for the reporting year369910 261881325 32411 069-2794304359 00643 94172 36324 54838 575
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees111122223334
Calculated dividend—000032 000000012 50010 205

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

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50%50%SIA Systemax1Mārtužs NormundsPoļiščuks Igors
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA Systemax

Overview

SIA Systemax (reg. no. 40103724268) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Rīga, Pildas iela 15.

Financial results

Revenue in 2025 was 1 379 856 €, up 31,8% on the previous year (1 047 304 €). From 2014 to 2025, revenue grew by an average of 16,3% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 38 575 € (2,8% of revenue). The company was profitable in 11 of the 12 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 344 964 €. At the end of 2025, total assets were 495 587 € and equity 267 143 € (53,9% 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.