SIA EC financeActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 6 720 644 € (74% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2953 | 2785 | 15 502 | 17 | 83 | 2820 | 336 871 | 754 682 | 295 004 | 866 867 |
| Total non-current assets | 20 | 2 100 000 | 2 097 133 | 2 097 133 | 2 097 133 | 2 097 133 | 1 777 413 | 9 455 769 | 9 560 145 | 8 334 558 |
| Total assets | 2973 | 2 102 785 | 2 112 635 | 2 097 150 | 2 097 216 | 2 099 953 | 2 114 284 | 10 210 451 | 9 855 149 | 9 201 425 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 90 | 36 | 1 629 555 | 223 | 487 | 82 759 | 0 | 629 | 794 197 | 21 432 |
| Non-current liabilities | 0 | 2 100 000 | 0 | 1 294 400 | 755 959 | 0 | 276 069 | 0 | 0 | 0 |
| Total liabilities | 90 | 2 100 036 | 1 629 555 | 1 294 623 | 756 446 | 82 759 | 276 069 | 629 | 794 197 | 21 432 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -117 | -134 | 480 331 | 319 447 | 638 243 | 776 424 | 1 019 021 | 2 084 561 | 596 698 | 6 839 685 |
| Total equity | 2883 | 2749 | 483 080 | 802 527 | 1 340 770 | 2 017 194 | 1 838 215 | 10 209 822 | 9 060 952 | 9 179 993 |
| Income statement | ||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 703 |
| Operating profit | -67 | -84 | -563 | -346 | -1187 | -4318 | -9261 | 988 860 | -8093 | -190 384 |
| Profit before income tax | -67 | -84 | 480 331 | 319 447 | 638 243 | 776 424 | 1 019 021 | 2 084 611 | 596 748 | 6 839 685 |
| Profit for the reporting year | -117 | -134 | 480 331 | 319 447 | 638 243 | 776 424 | 1 019 021 | 2 084 561 | 596 698 | 6 839 685 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 100 000 | 100 000 | 1 198 000 | 0 | 1 745 568 | 6 720 644 |
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
- AB Technologies SIA — 100%
- SIA "Šķūņu 6" — 19,54%
- SIA Merito Capital SPV 13 — 8,78%
- Medon SIA — 7,56%
Summary: SIA EC finance
Overview
SIA EC finance (reg. no. 40103950614) is a limited liability company. The company was registered in 2015 and has been in the register for 10 years. Registered address: Rīga, Skanstes iela 50A.
Financial results
Revenue in 2025 was 20 703 €. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 6 839 685 € (33 037% of revenue). The company was profitable in 8 of the 10 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 20 703 €. At the end of 2025, total assets were 9 201 425 € and equity 9 179 993 € (99,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 4 active Latvian companies.
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.