SIA "LATEM"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 24 624 | 163 958 | 344 845 | 453 115 | 353 464 | 368 132 | 423 080 | 470 119 | 435 106 | 465 994 |
| Total non-current assets | 0 | 461 | 8563 | 9788 | 6061 | 4308 | 15 549 | 10 104 | 20 558 | 24 687 |
| Total assets | 24 624 | 164 419 | 353 408 | 462 903 | 359 525 | 372 440 | 438 629 | 480 223 | 455 664 | 490 681 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 9416 | 76 280 | 85 059 | 93 716 | 47 838 | 36 740 | 34 720 | 58 090 | 75 856 | 73 293 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9416 | 76 280 | 85 059 | 93 716 | 47 838 | 36 740 | 34 720 | 58 090 | 75 856 | 73 293 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 15 108 | 72 931 | 180 210 | 100 260 | -57 500 | 24 013 | 68 215 | 18 224 | -42 324 | 37 580 |
| Total equity | 15 208 | 88 139 | 268 349 | 369 187 | 311 687 | 335 700 | 403 909 | 422 133 | 379 808 | 417 388 |
| Income statement | ||||||||||
| Sales revenue | 44 737 | 277 708 | 408 923 | 396 494 | 59 854 | 220 479 | 390 988 | 311 349 | 186 110 | 288 124 |
| Operating profit | 15 108 | 72 931 | 180 210 | 100 260 | -57 500 | 24 013 | 68 215 | 18 224 | -42 324 | 37 580 |
| Profit before income tax | 15 108 | 72 931 | 180 210 | 100 260 | -57 500 | 24 013 | 68 215 | 18 224 | -42 324 | 37 580 |
| Profit for the reporting year | 15 108 | 72 931 | 180 210 | 100 260 | -57 500 | 24 013 | 68 215 | 18 224 | -42 324 | 37 580 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 5 | 8 | 8 | 8 | 8 | 11 | 9 | 8 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "LATEM"
Overview
SIA "LATEM" (reg. no. 40103997314) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Olaines nov., Olaine, Jelgavas iela 3.
Financial results
Revenue in 2025 was 288 124 €, up 54,8% on the previous year (186 110 €). From 2016 to 2025, revenue grew by an average of 23,0% per year. Net profit for 2025 was 37 580 € (13,0% of revenue). The company was profitable in 8 of the 10 published years. In 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 41 161 €. At the end of 2025, total assets were 490 681 € and equity 417 388 € (85,1% of assets).
Management and owners
The board has 2 members. 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.