SIA "Armset"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 10 020 | 3071 | 2661 | 2406 | 2072 | 1767 | 1771 | 1771 | 14 366 | 16 161 | 14 354 |
| Total non-current assets | 4340 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 14 360 | 3071 | 2661 | 2406 | 2072 | 1767 | 1771 | 1771 | 14 366 | 16 161 | 14 354 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 0 | 169 | 345 | 219 | 219 | 219 | 219 | 219 | 14 017 | 551 | 219 |
| Non-current liabilities | 37 741 | 36 715 | 36 115 | 36 115 | 35 769 | 35 450 | 35 529 | 35 600 | 26 905 | 7885 | 0 |
| Total liabilities | 37 741 | 36 884 | 36 460 | 36 334 | 35 988 | 35 669 | 35 748 | 35 819 | 40 922 | 8436 | 219 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -26 181 | -10 432 | 14 | -129 | 13 | 14 | -75 | -71 | 7492 | 34 281 | 6410 |
| Total equity | -23 381 | -33 813 | -33 799 | -33 928 | -33 916 | -33 902 | -33 977 | -34 048 | -26 556 | 7725 | 14 135 |
| Income statement | |||||||||||
| Sales revenue | 12 997 | 8594 | 0 | 0 | 0 | 0 | 0 | 0 | 16 517 | 78 820 | 45 957 |
| Operating profit | -26 181 | -10 432 | 64 | -79 | 63 | 64 | -25 | -21 | 7542 | 34 331 | 6460 |
| Profit before income tax | -26 181 | -10 432 | 64 | -79 | 63 | 64 | -25 | -21 | 7542 | 34 331 | 6460 |
| Profit for the reporting year | -26 181 | -10 432 | 14 | -129 | 13 | 14 | -75 | -71 | 7492 | 34 281 | 6410 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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 "Armset"
Overview
SIA "Armset" (reg. no. 40103817197) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Penkules iela 10.
Financial results
Revenue in 2025 was 45 957 €, down 41,7% on the previous year (78 820 €). From 2015 to 2025, revenue grew by an average of 13,5% per year. Net profit for 2025 was 6410 € (13,9% of revenue). The company was profitable in 6 of the 11 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 14 354 € and equity 14 135 € (98,5% 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.