ARMO GROUP SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 37 260 | 51 796 | 43 271 | 53 822 | 10 997 | 11 688 | 175 430 | 188 755 | 658 690 | 529 606 | 1 977 447 |
| Total non-current assets | 152 | 110 | 35 | 5 | 144 | 62 | 0 | 0 | 1512 | 2637 | 6006 |
| Total assets | 37 412 | 51 906 | 43 306 | 53 827 | 11 141 | 11 750 | 175 430 | 188 755 | 660 202 | 532 243 | 1 983 453 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 5928 | 2775 | 2 | 1558 | 507 | 603 | 118 558 | 128 956 | 504 345 | 240 723 | 1 469 920 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 1000 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 5928 | 2775 | 2 | 1558 | 507 | 1603 | 118 558 | 128 956 | 504 345 | 240 723 | 1 469 920 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 28 684 | 46 331 | -5827 | 8965 | -1131 | -487 | 46 725 | 55 808 | 96 058 | 135 663 | 221 117 |
| Total equity | 31 484 | 49 131 | 43 304 | 52 269 | 10 634 | 10 147 | 56 872 | 59 799 | 155 857 | 291 520 | 513 533 |
| Income statement | |||||||||||
| Sales revenue | 231 314 | 398 449 | 0 | 167 538 | 0 | 0 | 1 142 151 | 878 987 | 1 421 481 | 1 619 803 | 3 216 162 |
| Operating profit | 33 731 | 54 511 | -5827 | 8965 | -1131 | -487 | 46 725 | 55 808 | 96 058 | 134 211 | 221 190 |
| Profit before income tax | 33 731 | 54 511 | -5827 | 8965 | -1131 | -487 | 46 725 | 55 808 | 96 058 | 135 851 | 221 916 |
| Profit for the reporting year | 28 684 | 46 331 | -5827 | 8965 | -1131 | -487 | 46 725 | 55 808 | 96 058 | 135 663 | 221 117 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 28 684 | 0 | 0 | 40 504 | 0 | 0 | 52 881 | 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: ARMO GROUP SIA
Overview
ARMO GROUP SIA (reg. no. 40103864543) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Bauskas iela 58 - 1.
Financial results
Revenue in 2025 was 3 216 162 €, up 98,6% on the previous year (1 619 803 €). From 2015 to 2025, revenue grew by an average of 30,1% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 221 117 € (6,9% of revenue). The company was profitable in 8 of the 11 published years. In 2025 the company had 1 employees. Revenue per employee was 3 216 162 €. At the end of 2025, total assets were 1 983 453 € and equity 513 533 € (25,9% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (75,8%) 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.