SIA "JUSTIFICO"Active

40103988345Limited liability companyFounded 2016

Key figures

43 950 €+85,1%
Revenue 2025
+33,7%
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
025 k50 k75 k’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 11 249 € (34% 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).

History
2025 ~11 249 €
2024 ~18 125 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
Summary of financial statements2016–2025
2016201720182019202020212022202320242025
Balance sheet — assets
Total current assets1914514784914 78210 087864424 04061967387
Total non-current assets235122 34021 68127 72853 55436 77334 66632 56230 45428 348
Total assets237022 48521 82828 57768 33646 86043 31056 60236 65035 735
Balance sheet — liabilities and equity
Current liabilities65169612233714854111181032051653
Non-current liabilities020 00018 10620 20536 54583050000
Total liabilities6521 69618 22820 54238 03087161181032051653
Share capital——————————
Retained earnings of previous periods——————————
Profit for the year-495-15162812443522 2717838515512 493-422211 886
Total equity23057893600803530 30638 14443 29955 79233 44534 082
Income statement
Sales revenue32111195776012 05138 86313 32217 57033 23823 74343 950
Operating profit-495-15162812443522 2717838515512 493-422211 886
Profit before income tax-495-15162812443522 2717838515512 493-422211 886
Profit for the reporting year-495-15162812443522 2717838515512 493-422211 886
Labour costs——————————
Depreciation of non-current assets——————————
Other indicators
Employees1112212222
Calculated dividend—000000018 12511 249

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
60%40%SIA "JUSTIFICO"Studente JeļenaKrīpēns GundarsBaltgaile Gunta
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "JUSTIFICO"

Overview

SIA "JUSTIFICO" (reg. no. 40103988345) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Aleksandra Čaka iela 33 - 2.

Financial results

Revenue in 2025 was 43 950 €, up 85,1% on the previous year (23 743 €). From 2016 to 2025, revenue grew by an average of 33,7% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 11 886 € (27,0% of revenue). The company was profitable in 7 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 21 975 €. At the end of 2025, total assets were 35 735 € and equity 34 082 € (95,4% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (60%) 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.