SIA "ADVANCE AB"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 | 4067 | 1208 | 1826 | 7200 | 5891 | 1622 | 2860 | 25 460 | 46 808 | 75 346 | 124 548 |
| Total non-current assets | 1455 | 2439 | 2243 | 9175 | 9186 | 7852 | 15 246 | 11 797 | 6564 | 13 014 | 15 329 |
| Total assets | 5522 | 3647 | 4069 | 16 375 | 15 077 | 9474 | 18 106 | 37 257 | 53 372 | 88 360 | 139 877 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 2278 | 5689 | 15 979 | 26 151 | 23 411 | 25 151 | 36 327 | 31 247 | 27 071 | 25 465 | 27 850 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2278 | 5689 | 15 979 | 26 151 | 23 411 | 25 151 | 36 327 | 31 247 | 27 071 | 25 465 | 27 850 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 444 | -5286 | -9868 | 2134 | 1443 | -7343 | -2545 | 24 231 | 20 291 | 36 594 | 49 133 |
| Total equity | 3244 | -2042 | -11 910 | -9776 | -8334 | -15 677 | -18 221 | 6010 | 26 301 | 62 895 | 112 027 |
| Income statement | |||||||||||
| Sales revenue | 12 902 | 27 607 | 20 532 | 64 066 | 92 379 | 59 945 | 77 162 | 198 585 | 291 945 | 363 074 | 402 800 |
| Operating profit | 508 | -5286 | -9868 | 2134 | 1443 | -7343 | -2487 | 24 278 | 20 299 | 36 609 | 49 375 |
| Profit before income tax | 508 | -5286 | -9868 | 2134 | 1443 | -7343 | -2487 | 24 278 | 20 299 | 36 609 | 49 375 |
| Profit for the reporting year | 444 | -5286 | -9868 | 2134 | 1443 | -7343 | -2545 | 24 231 | 20 291 | 36 594 | 49 133 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 2 | 2 | 4 | 5 | 5 | 6 | 7 | 7 | 6 | 6 |
| 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 "ADVANCE AB"
Overview
SIA "ADVANCE AB" (reg. no. 40103917412) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Siguldas nov., Mālpils pag., "Jaunkārļi".
Financial results
Revenue in 2025 was 402 800 €, up 10,9% on the previous year (363 074 €). From 2015 to 2025, revenue grew by an average of 41,1% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 49 133 € (12,2% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 6 employees. Revenue per employee was 67 133 €. At the end of 2025, total assets were 139 877 € and equity 112 027 € (80,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.