TrustAd SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 43 | 301 | 49 | 228 | 171 | 24 007 | 18 955 | 31 191 | 61 726 | 33 578 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 8119 | 9857 | 9281 | 9825 | 8706 |
| Total assets | 43 | 301 | 49 | 228 | 171 | 32 126 | 28 812 | 40 472 | 71 551 | 42 284 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 765 | 1993 | 1993 | 3274 | 1177 | 26 016 | 4569 | 31 687 | 74 374 | 87 539 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 765 | 1993 | 1993 | 3274 | 1177 | 26 016 | 4569 | 31 687 | 74 374 | 87 539 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -822 | -970 | -252 | -1102 | -2860 | -37 885 | 18 163 | -15 458 | -11 608 | -42 433 |
| Total equity | -722 | -1692 | -1944 | -3046 | -1006 | 6110 | 24 243 | 8785 | -2823 | -45 255 |
| Income statement | ||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 132 | 110 562 | 245 427 | 245 000 | 776 815 | 1 102 020 |
| Operating profit | -822 | -970 | -252 | -1102 | -2859 | -37 885 | 18 910 | -13 650 | -11 843 | -42 584 |
| EBITDA | -822 | -970 | -252 | -1102 | -2859 | — | — | — | — | — |
| Profit before income tax | -822 | -970 | -252 | -1102 | -2860 | -37 885 | 18 163 | -15 458 | -11 608 | -42 433 |
| Profit for the reporting year | -822 | -970 | -252 | -1102 | -2860 | -37 885 | 18 163 | -15 458 | -11 608 | -42 433 |
| Labour costs | 0 | 0 | 0 | 0 | 345 | — | — | — | — | — |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 0 | 1 | 1 | 1 | 1 | 6 | 8 | 12 | 10 |
| Calculated dividend | — | 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: TrustAd SIA
Overview
TrustAd SIA (reg. no. 40103912684) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Tērbatas iela 73.
Financial results
Revenue in 2025 was 1 102 020 €, up 41,9% on the previous year (776 815 €). This is the company's highest revenue among the published years (2016–2025). 2025 ended with a loss of 42 433 €. The company was profitable in 1 of the 10 published years. In 2025 the company had 10 employees (12 a year earlier). Revenue per employee was 110 202 €.
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (33,3%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-45 255 €).
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.