Sabiedrība ar ierobežotu atbildību "SELS SYSTEMS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 42 025 | 31 217 | 42 906 | 190 215 | 72 407 | 107 569 | 119 349 | 111 360 | 79 356 | 86 470 |
| Total non-current assets | 5384 | 14 713 | 12 615 | 13 501 | 10 474 | 11 377 | 26 252 | 20 424 | 19 169 | 17 170 |
| Total assets | 47 409 | 45 930 | 55 521 | 203 716 | 82 881 | 118 946 | 145 601 | 131 784 | 98 525 | 103 640 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 43 590 | 41 068 | 41 766 | 190 348 | 60 344 | 72 166 | 82 590 | 64 598 | 55 478 | 84 521 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 43 590 | 41 068 | 41 766 | 190 348 | 60 344 | 72 166 | 82 590 | 64 598 | 55 478 | 84 521 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 2131 | 2721 | 8894 | 1674 | 9169 | 24 243 | 16 231 | 4175 | -18 939 | -23 928 |
| Total equity | 2141 | 4862 | 13 755 | 13 368 | 22 537 | 46 780 | 63 011 | 67 186 | 43 047 | 19 119 |
| Income statement | ||||||||||
| Sales revenue | 143 202 | 207 462 | 262 062 | 396 645 | 366 685 | 386 574 | 369 153 | 361 253 | 275 644 | 198 370 |
| Operating profit | 2328 | 2721 | 8894 | 1674 | 9369 | 24 243 | 18 391 | 9206 | -14 363 | -1318 |
| Profit before income tax | 2328 | 2721 | 8894 | 1674 | 9369 | 24 243 | 16 231 | 4175 | -17 611 | -23 906 |
| Profit for the reporting year | 2131 | 2721 | 8894 | 1674 | 9169 | 24 243 | 16 231 | 4175 | -18 939 | -23 928 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 7 | 8 | 8 | 12 | 15 | 12 | 9 | 10 | 10 | 9 |
| Calculated dividend | — | 0 | 0 | 2061 | 0 | 0 | 0 | 0 | 5200 | 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: Sabiedrība ar ierobežotu atbildību "SELS SYSTEMS"
Overview
Sabiedrība ar ierobežotu atbildību "SELS SYSTEMS" (reg. no. 40103938753) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Daugavpils, Andreja Pumpura iela 5.
Financial results
Revenue in 2025 was 198 370 €, down 28,0% on the previous year (275 644 €). From 2016 to 2025, revenue grew by an average of 3,7% per year. 2025 ended with a loss of 23 928 €. The company was profitable in 8 of the 10 published years. In 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 22 041 €. At the end of 2025, total assets were 103 640 € and equity 19 119 € (18,4% 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.