TRADEX SIAActive
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 101 068 € (79% 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 statements2016–2024
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 16 737 | 28 268 | 61 667 | 98 231 | 159 117 | 226 775 | 298 774 | 480 463 | 1 354 843 |
| Total non-current assets | 693 | 43 730 | 54 613 | 72 732 | 87 170 | 250 242 | 694 380 | 1 452 692 | 738 349 |
| Total assets | 17 430 | 71 998 | 116 280 | 170 963 | 246 287 | 477 017 | 993 154 | 1 933 155 | 2 093 192 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 1819 | 8352 | 24 690 | 52 657 | 66 794 | 132 703 | 389 814 | 468 739 | 2 238 370 |
| Non-current liabilities | 14 543 | 60 100 | 59 642 | 58 410 | 30 315 | 149 366 | 481 000 | 1 336 312 | 0 |
| Total liabilities | 16 362 | 68 452 | 84 332 | 111 067 | 97 109 | 282 069 | 870 814 | 1 805 051 | 2 238 370 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3932 | 2478 | 28 774 | 27 948 | 89 282 | 40 770 | -67 608 | 5764 | -172 214 |
| Total equity | 1068 | 3546 | 31 948 | 59 896 | 149 178 | 194 948 | 122 340 | 128 104 | -145 178 |
| Income statement | |||||||||
| Sales revenue | 47 291 | 231 164 | 390 772 | 593 708 | 996 918 | 785 777 | 788 951 | 785 977 | 3 768 118 |
| Operating profit | -3932 | 4611 | 30 753 | 29 551 | 90 982 | 42 518 | -67 608 | 5764 | -103 372 |
| EBITDA | -3932 | 9368 | 50 120 | 53 190 | 121 757 | 67 133 | -21 342 | 60 903 | 34 337 |
| Profit before income tax | -3932 | 2478 | 28 774 | 27 948 | 89 282 | 40 770 | -67 608 | 5764 | -172 214 |
| Profit for the reporting year | -3932 | 2478 | 28 774 | 27 948 | 89 282 | 40 770 | -67 608 | 5764 | -172 214 |
| Labour costs | 4757 | 35 949 | 137 263 | 224 513 | 398 271 | 839 885 | 894 086 | 990 667 | 1 667 074 |
| Depreciation of non-current assets | 0 | 4757 | 19 367 | 23 639 | 30 775 | 24 615 | 46 266 | 55 139 | 137 709 |
| Other indicators | |||||||||
| Employees | 2 | 9 | 15 | 21 | 30 | 24 | 23 | 19 | 91 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 5000 | 0 | 101 068 |
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: TRADEX SIA
Overview
TRADEX SIA (reg. no. 40103996164) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Salaspils nov., Salaspils pag., Saulkalne, Daugavmalas iela 32 - 23.
Financial results
Revenue in 2024 was 3 768 118 €, up 379% on the previous year (785 977 €). From 2016 to 2024, revenue grew by an average of 72,8% per year. This is the company's highest revenue among the published years (2016–2024). 2024 ended with a loss of 172 214 €. The company was profitable in 6 of the 9 published years. In 2024 the company had 91 employees (19 a year earlier). Revenue per employee was 41 408 €.
Management and owners
The board has 2 members. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-145 178 €).
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.