Sabiedrība ar ierobežotu atbildību "SMART IoT RIGA"Active

40103967841Limited liability companyFounded 2016

Key figures

87 994 €+42,4%
Revenue 2025
+40,1%
Average annual growth 2016–2025
050 k100 k150 k’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 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 €
2019 ~2110 €
20180 €
20170 €
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets259811 90818 85717 646813742 03439 93826 98331 98036 388
Total non-current assets14177174719281818332896785917 46812 82717 985
Total assets401512 62523 57620 464997044 93047 79744 45144 80754 373
Balance sheet — liabilities and equity
Current liabilities152510 75010 61814 25916 465770538892824633
Non-current liabilities0000000000
Total liabilities152510 75010 61814 25916 465770538892824633
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year-310-61511 160-4643-400043 45010 185-38873379787
Total equity2490187512 9586205-649537 22547 40943 52344 56154 340
Income statement
Sales revenue424017 33057 22568 45856 452101 93996 22161 37561 80087 994
Operating profit-310-56511 213-4643-400043 50410 185-388713379787
Profit before income tax-310-56511 210-4643-400043 45010 185-38873379787
Profit for the reporting year-310-61511 160-4643-400043 45010 185-38873379787
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees0112332322
Calculated dividend—002110000000

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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50%50%Sabiedrība ar ierobež…2Bērziņš JānisBicāns Jānis
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Summary: Sabiedrība ar ierobežotu atbildību "SMART IoT RIGA"

Overview

Sabiedrība ar ierobežotu atbildību "SMART IoT RIGA" (reg. no. 40103967841) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Ogres nov., Ogre, Astilbju iela 8.

Financial results

Revenue in 2025 was 87 994 €, up 42,4% on the previous year (61 800 €). From 2016 to 2025, revenue grew by an average of 40,1% per year. Net profit for 2025 was 9787 € (11,1% of revenue). The company was profitable in 5 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 43 997 €. At the end of 2025, total assets were 54 373 € and equity 54 340 € (99,9% 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.