SIA "Web Design Solutions"Active

40103963996Limited liability companyFounded 2016

Key figures

44 116 €+121,4%
Revenue 2025
+12,1%
Average annual growth 2016–2025
020 k40 k60 k’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
2018 ~8736 €
20170 €
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets10 02826 69530 31840 90574 19893 97389 56578 86174 65190 989
Total non-current assets0000041627814000
Total assets10 02826 69530 31840 90574 19894 38989 84379 00174 65190 989
Balance sheet — liabilities and equity
Current liabilities179732916786776747121935146717412195
Non-current liabilities0000000000
Total liabilities179732916786776747121935146717412195
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year823115 17314 97210 58833 29620 153-5770-10 374-462415 884
Total equity823123 40429 64040 22873 52493 67787 90877 53472 91088 794
Income statement
Sales revenue15 74725 52722 26517 52239 10428 33010 58012 24719 92644 116
Operating profit968317 86114 97210 58833 29620 153-5770-10 374-653014 505
Profit before income tax968317 85014 97210 58833 29620 153-5770-10 374-462415 884
Profit for the reporting year823115 17314 97210 58833 29620 153-5770-10 374-462415 884
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees1111112222
Calculated dividend—087360000000

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100%SIA "Web Design Solut…1Kuzins Oļegs
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Summary: SIA "Web Design Solutions"

Overview

SIA "Web Design Solutions" (reg. no. 40103963996) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Ikšķiles iela 13 - 52.

Financial results

Revenue in 2025 was 44 116 €, up 121% on the previous year (19 926 €). From 2016 to 2025, revenue grew by an average of 12,1% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 15 884 € (36,0% of revenue). The company was profitable in 7 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 22 058 €. At the end of 2025, total assets were 90 989 € and equity 88 794 € (97,6% 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.