SIA "Paintless Art"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 | 2107 | 9505 | 18 282 | 36 696 | 30 502 | 39 018 | 85 592 | 174 793 | 134 577 | 164 353 |
| Total non-current assets | 0 | 0 | 0 | 8139 | 25 664 | 35 148 | 27 751 | 12 472 | 7807 | 6885 |
| Total assets | 2107 | 9505 | 18 282 | 44 835 | 56 166 | 74 166 | 113 343 | 187 265 | 142 384 | 171 238 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 2717 | 2846 | 3525 | 6438 | 15 862 | 16 963 | 14 407 | 48 971 | 10 407 | 29 249 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 14 057 | 24 038 | 7519 | 4906 | 4011 |
| Total liabilities | 2717 | 2846 | 3525 | 6438 | 15 862 | 31 020 | 38 445 | 56 490 | 15 313 | 33 260 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -611 | 7269 | 8098 | 21 641 | 1907 | 2042 | 31 752 | 55 877 | 46 296 | 10 907 |
| Total equity | -610 | 6659 | 14 757 | 38 397 | 40 304 | 43 146 | 74 898 | 130 775 | 127 071 | 137 978 |
| Income statement | ||||||||||
| Sales revenue | 14 700 | 27 291 | 31 619 | 64 366 | 106 014 | 82 255 | 163 153 | 177 128 | 122 976 | 141 334 |
| Operating profit | -611 | 7269 | 8098 | 21 641 | 29 404 | 2851 | 35 816 | 67 506 | 47 913 | 11 321 |
| Profit before income tax | -611 | 7269 | 8098 | 21 641 | 29 404 | 2042 | 34 777 | 66 520 | 46 296 | 10 907 |
| Profit for the reporting year | -611 | 7269 | 8098 | 21 641 | 1907 | 2042 | 31 752 | 55 877 | 46 296 | 10 907 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 000 | 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 "Paintless Art"
Overview
SIA "Paintless Art" (reg. no. 40103981370) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Krustpils iela 6.
Financial results
Revenue in 2025 was 141 334 €, up 14,9% on the previous year (122 976 €). From 2016 to 2025, revenue grew by an average of 28,6% per year. Net profit for 2025 was 10 907 € (7,7% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 47 111 €. At the end of 2025, total assets were 171 238 € and equity 137 978 € (80,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (73%) 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.