SIA "Artzone Group"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 11 000 € (33% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2405 | 2747 | 5420 | 13 679 | 20 539 | 34 238 | 37 954 | 8132 | 11 831 | 8169 |
| Total non-current assets | 0 | 3059 | 5654 | 15 947 | 60 512 | 155 455 | 246 075 | 191 936 | 119 696 | 67 999 |
| Total assets | 2405 | 5806 | 11 074 | 29 626 | 81 051 | 189 693 | 284 029 | 200 068 | 131 527 | 76 168 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 2474 | 12 490 | 15 314 | 3990 | 22 340 | 59 458 | 76 929 | 130 410 | 88 643 | 78 382 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 5736 | 9530 | 27 322 | 18 502 | 9223 | 0 |
| Total liabilities | 2474 | 12 490 | 15 314 | 3990 | 28 076 | 68 988 | 104 251 | 148 912 | 97 866 | 78 382 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -71 | -6615 | 2444 | 29 876 | 27 339 | 75 232 | 107 274 | -123 822 | -17 495 | -24 875 |
| Total equity | -69 | -6684 | -4240 | 25 636 | 52 975 | 120 705 | 179 778 | 51 156 | 33 661 | -2214 |
| Income statement | ||||||||||
| Sales revenue | 23 039 | 42 645 | 50 444 | 99 311 | 262 762 | 465 952 | 808 616 | 542 357 | 625 921 | 709 945 |
| Operating profit | -71 | -6615 | 2444 | 29 876 | 27 756 | 78 220 | 120 277 | -120 192 | -15 450 | -21 086 |
| Profit before income tax | -71 | -6615 | 2444 | 29 876 | 27 339 | 77 857 | 119 324 | -122 612 | -17 495 | -22 125 |
| Profit for the reporting year | -71 | -6615 | 2444 | 29 876 | 27 339 | 75 232 | 107 274 | -123 822 | -17 495 | -24 875 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 5 | 5 | 3 | 2 | 2 | 8 | 13 | 14 | 12 | 11 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 7502 | 48 201 | 4800 | 0 | 11 000 |
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 "Artzone Group"
Overview
SIA "Artzone Group" (reg. no. 40203003444) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Pilsoņu iela 6A - 7.
Financial results
Revenue in 2025 was 709 945 €, up 13,4% on the previous year (625 921 €). From 2016 to 2025, revenue grew by an average of 46,4% per year. 2025 ended with a loss of 24 875 €. The company was profitable in 5 of the 10 published years. In 2025 the company had 11 employees (12 a year earlier). Revenue per employee was 64 540 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-2214 €).
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.