Sabiedrība ar ierobežotu atbildību "True Bits"Active

40103737807Limited liability companyFounded 2013

Key figures

3030 €+36,2%
Revenue 2025
-22,8%
Average annual change 2014–2025
020 k40 k60 k’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 6000 € (21% 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 ~6000 €
2024 ~5359 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets5846402052414411975612 49513 89216 88626 63332 19529 24625 365
Total non-current assets000000000000
Total assets5846402052414411975612 49513 89216 88626 63332 19529 24625 365
Balance sheet — liabilities and equity
Current liabilities41593945414507211798132120507111362
Non-current liabilities00025600000000
Total liabilities4159394541452567211798132120507111362
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year1487-16121021305955292694141629609759563217491468
Total equity16877510964155968412 37813 79416 75426 51332 14528 53524 003
Income statement
Sales revenue52 465700010643559622332651977330810 053581422243030
Operating profit7046-16121021349555792744146630109809568221002968
EBITDA7046-161210213495————————
Profit before income tax7046-16121021349555792744146630109809568221002968
Profit for the reporting year1487-16121021305955292694141629609759563217491468
Labour costs45 390856600————————
Depreciation of non-current assets0000————————
Other indicators
Employees551441111111
Calculated dividend000000000053596000

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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100%Sabiedrība ar ierobež…3Balodis Mārcis
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Summary: Sabiedrība ar ierobežotu atbildību "True Bits"

Overview

Sabiedrība ar ierobežotu atbildību "True Bits" (reg. no. 40103737807) is a limited liability company. The company was registered in 2013 and has been in the register for 12 years. Registered address: Rīga, Krišjāņa Valdemāra iela 115 - 3.

Financial results

Revenue in 2025 was 3030 €, up 36,2% on the previous year (2224 €). From 2014 to 2025, revenue declined by an average of 22,8% per year. Net profit for 2025 was 1468 € (48,4% of revenue). The company was profitable in 11 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 3030 €. At the end of 2025, total assets were 25 365 € and equity 24 003 € (94,6% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.