SIA "Irrigation Systems"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 | 512 | 2473 | 8319 | 3351 | 43 660 | 57 478 | 53 930 | 64 987 | 80 034 | 86 915 | 261 234 | 97 318 |
| Total non-current assets | 0 | 6468 | 5235 | 4152 | 2491 | 3549 | 2540 | 19 756 | 16 928 | 11 192 | 6315 | 6575 |
| Total assets | 512 | 8941 | 13 554 | 7503 | 46 151 | 61 027 | 56 470 | 84 743 | 96 962 | 98 107 | 267 549 | 103 893 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 792 | 6087 | 13 929 | 17 904 | 60 027 | 81 860 | 60 764 | 91 647 | 158 369 | 110 031 | 309 910 | 217 039 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 792 | 6087 | 13 929 | 17 904 | 60 027 | 81 860 | 60 764 | 91 647 | 158 369 | 110 031 | 309 910 | 217 039 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -281 | 3133 | -3229 | -10 026 | -3475 | -6958 | 16 539 | -5410 | -54 503 | 49 483 | -30 437 | -70 785 |
| Total equity | -280 | 2854 | -375 | -10 401 | -13 876 | -20 833 | -4294 | -6904 | -61 407 | -11 924 | -42 361 | -113 146 |
| Income statement | ||||||||||||
| Sales revenue | 4618 | 22 962 | 31 730 | 34 657 | 54 789 | 108 691 | 175 665 | 282 235 | 95 873 | 272 646 | 322 720 | 602 821 |
| Operating profit | -281 | 3133 | -3229 | -10 026 | -3475 | -6958 | 16 539 | -5410 | -54 503 | 49 483 | -26 752 | -65 946 |
| Profit before income tax | -281 | 3133 | -3229 | -10 026 | -3475 | -6958 | 16 539 | -5410 | -54 503 | 49 483 | -30 437 | -70 785 |
| Profit for the reporting year | -281 | 3133 | -3229 | -10 026 | -3475 | -6958 | 16 539 | -5410 | -54 503 | 49 483 | -30 437 | -70 785 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 3 | 3 | 3 | 5 | 4 | 7 | 7 | 6 | 6 | 8 |
| 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 "Irrigation Systems"
Overview
SIA "Irrigation Systems" (reg. no. 40103792508) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Jūrmala, Tukuma iela 24 k-1 - 2.
Financial results
Revenue in 2025 was 602 821 €, up 86,8% on the previous year (322 720 €). From 2014 to 2025, revenue grew by an average of 55,7% per year. This is the company's highest revenue among the published years (2014–2025). 2025 ended with a loss of 70 785 €. The company was profitable in 3 of the 12 published years. In 2025 the company had 8 employees (6 a year earlier). Revenue per employee was 75 353 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-113 146 €).
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.