SIA Smart Aviation HoldingsActive
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 4 212 052 € (26% 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 | 10 908 | 1 938 777 | 1 137 103 | 2 891 861 | 2 886 026 | 2 898 628 | 3 640 670 | 3 842 155 | 4 387 670 |
| Total non-current assets | 10 715 000 | 14 683 216 | 20 418 316 | 15 316 484 | 15 334 715 | 15 352 965 | 15 371 010 | 15 389 352 | 4 692 377 |
| Total assets | 10 725 908 | 16 621 993 | 21 555 419 | 18 208 345 | 18 220 741 | 18 251 593 | 19 011 680 | 19 231 507 | 9 080 047 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 9 804 346 | 10 379 875 | 10 634 849 | 1673 | 1718 | 3769 | 647 609 | 3 294 920 | 1 332 406 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9 804 346 | 10 379 875 | 10 634 849 | 1673 | 1718 | 3769 | 647 609 | 3 294 920 | 1 332 406 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 918 762 | 5 320 556 | 4 678 452 | 7 286 102 | 12 351 | 28 801 | 116 247 | 8 798 989 | -3 976 894 |
| Total equity | 921 562 | 6 242 118 | 10 920 570 | 18 206 672 | 18 219 023 | 18 247 824 | 18 364 071 | 15 936 587 | 7 747 641 |
| Income statement | |||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -3151 | -103 961 | -57 005 | -5730 | -5899 | -8639 | -32 241 | -27 991 | -20 760 467 |
| Profit before income tax | 918 762 | 5 320 556 | 4 678 552 | 7 286 152 | 12 401 | 28 851 | 116 297 | 8 799 039 | -3 976 844 |
| Profit for the reporting year | 918 762 | 5 320 556 | 4 678 452 | 7 286 102 | 12 351 | 28 801 | 116 247 | 8 798 989 | -3 976 894 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 11 226 473 | 4 212 052 |
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 Smart Aviation Holdings
Overview
SIA Smart Aviation Holdings (reg. no. 40103997403) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Mārupes nov., Mārupes pag., "Mazrūdas".
Financial results
There was no revenue in 2024. 2024 ended with a loss of 3 976 894 €. The company was profitable in 8 of the 9 published years. According to the report, the company had no employees in 2024. At the end of 2024, total assets were 9 080 047 € and equity 7 747 641 € (85,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is AVIA SOLUTIONS GROUP (ASG) PUBLIC LIMITED COMPANY.
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.