SIA "AxonGrid Trade"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 6099 € (10% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 30 059 | 17 687 | 17 235 | 14 083 | 19 441 | 14 235 | 17 142 | 15 624 | 27 163 | 60 764 | 30 085 | 118 497 |
| Total non-current assets | 1992 | 35 270 | 31 969 | 23 483 | 6214 | 2816 | 812 | 202 | 2127 | 1480 | 64 104 | 56 407 |
| Total assets | 32 051 | 52 957 | 49 204 | 37 566 | 25 655 | 17 051 | 17 954 | 15 826 | 29 290 | 62 244 | 94 189 | 174 904 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 30 016 | 31 808 | 19 209 | 8993 | 17 570 | 13 576 | 11 082 | 6376 | 4938 | 14 810 | 30 374 | 18 487 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 30 016 | 31 808 | 19 209 | 8993 | 17 570 | 13 576 | 11 082 | 6376 | 4938 | 14 810 | 30 374 | 18 487 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 612 | 17 746 | 8951 | -1422 | -19 342 | 1820 | 3397 | 5975 | 20 877 | 44 634 | 38 698 | 98 701 |
| Total equity | 2035 | 21 149 | 29 995 | 28 573 | 8085 | 3475 | 6872 | 9450 | 24 352 | 47 434 | 63 815 | 156 417 |
| Income statement | ||||||||||||
| Sales revenue | 163 333 | 187 781 | 151 090 | 107 960 | 68 309 | 91 563 | 95 765 | 120 955 | 103 244 | 178 344 | 158 815 | 318 937 |
| Operating profit | 1468 | 19 588 | 11 610 | -438 | -18 927 | 2067 | 3718 | 33 527 | 54 905 | 61 714 | 45 770 | 100 281 |
| EBITDA | 2160 | 23 168 | 21 047 | 8669 | -12 887 | 6137 | 5722 | 34 137 | 55 145 | 62 360 | 46 651 | 144 900 |
| Profit before income tax | 1468 | 19 482 | 11 308 | -637 | -19 104 | 1938 | 3616 | 33 452 | 54 937 | 61 327 | 44 296 | 100 226 |
| Profit for the reporting year | 612 | 17 746 | 8951 | -1422 | -19 342 | 1820 | 3397 | 5975 | 20 877 | 44 634 | 38 698 | 98 701 |
| Labour costs | 64 944 | 86 216 | 75 344 | 66 696 | 61 082 | 60 825 | 63 330 | 66 563 | 13 655 | 25 490 | 116 513 | 87 739 |
| Depreciation of non-current assets | 692 | 3580 | 9437 | 9107 | 6040 | 4070 | 2004 | 610 | 240 | 646 | 881 | 44 619 |
| Other indicators | ||||||||||||
| Employees | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 1146 | 6430 | 0 | 3397 | 5975 | 21 552 | 22 317 | 6099 |
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 "AxonGrid Trade"
Overview
SIA "AxonGrid Trade" (reg. no. 40103746299) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Raunas iela 58 k-1 - 18.
Financial results
Revenue in 2025 was 318 937 €, up 101% on the previous year (158 815 €). From 2014 to 2025, revenue grew by an average of 6,3% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 98 701 € (30,9% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 2 employees. Revenue per employee was 159 469 €. At the end of 2025, total assets were 174 904 € and equity 156 417 € (89,4% 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.