SIA "IPL Welding"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 24 501 € (29% 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 statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 5150 | 5836 | 9260 | 10 023 | 15 017 | 9140 | 37 633 | 20 641 | 48 750 | 44 614 | 17 699 |
| Total non-current assets | 7690 | 9624 | 5278 | 302 | 12 415 | 10 140 | 17 740 | 42 422 | 45 545 | 47 144 | 46 773 |
| Total assets | 12 840 | 15 460 | 14 538 | 10 325 | 27 432 | 19 280 | 55 373 | 63 063 | 94 295 | 91 758 | 64 472 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 3803 | 7328 | 10 433 | 15 981 | 3409 | 1491 | 3014 | 2260 | 10 182 | 7543 | 3340 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 911 | 418 | 0 | 0 | 0 | 0 |
| Total liabilities | 3803 | 7328 | 10 433 | 15 981 | 3409 | 2402 | 3432 | 2260 | 10 182 | 7543 | 3340 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6337 | -905 | -4028 | -9761 | 29 677 | -7145 | 35 063 | 35 362 | 65 309 | 33 202 | 1418 |
| Total equity | 9037 | 8132 | 4105 | -5656 | 24 023 | 16 878 | 51 941 | 60 803 | 84 113 | 84 215 | 61 132 |
| Income statement | |||||||||||
| Sales revenue | 41 073 | 46 543 | 48 671 | 48 694 | 50 605 | 29 239 | 67 201 | 88 743 | 135 840 | 106 766 | 62 393 |
| Operating profit | 6337 | -905 | -4028 | -9761 | 29 677 | -7075 | 35 121 | 42 649 | 75 809 | 41 477 | 7543 |
| Profit before income tax | 6337 | -905 | -4028 | -9761 | 29 677 | -7131 | 35 075 | 42 468 | 75 809 | 41 477 | 7543 |
| Profit for the reporting year | 6337 | -905 | -4028 | -9761 | 29 677 | -7145 | 35 063 | 35 362 | 65 309 | 33 202 | 1418 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 3 | 3 | 5 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 26 500 | 41 999 | 33 100 | 24 501 |
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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Related companies
- Touch SIA — 30%
Summary: SIA "IPL Welding"
Overview
SIA "IPL Welding" (reg. no. 40103862152) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Buļļu iela 45.
Financial results
Revenue in 2025 was 62 393 €, down 41,6% on the previous year (106 766 €). From 2015 to 2025, revenue grew by an average of 4,3% per year. Net profit for 2025 was 1418 € (2,3% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 62 393 €. At the end of 2025, total assets were 64 472 € and equity 61 132 € (94,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.