Sabiedrība ar ierobežotu atbildību "PIPETECH"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 | 2012 | 7230 | 3624 | 11 174 | 87 709 | 161 797 | 171 735 | 479 225 | 467 273 | 636 164 |
| Total non-current assets | 3250 | 10 114 | 13 450 | 12 270 | 33 616 | 29 263 | 29 423 | 25 732 | 23 926 | 111 936 |
| Total assets | 5262 | 17 344 | 17 074 | 23 444 | 121 325 | 191 060 | 201 158 | 504 957 | 491 199 | 748 100 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 4726 | 12 701 | 0 | 0 | 102 006 | 124 125 | 138 616 | 259 100 | 188 832 | 255 259 |
| Non-current liabilities | 0 | 0 | 18 191 | 11 003 | 0 | 0 | 0 | 0 | 33 897 | 109 099 |
| Total liabilities | 4726 | 12 701 | 18 191 | 11 003 | 102 006 | 124 125 | 138 616 | 259 100 | 222 729 | 364 358 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 526 | 4107 | -5760 | 13 558 | 6878 | 44 826 | -4393 | 183 315 | 22 613 | 115 272 |
| Total equity | 536 | 4643 | -1117 | 12 441 | 19 319 | 66 935 | 62 542 | 245 857 | 268 470 | 383 742 |
| Income statement | ||||||||||
| Sales revenue | 11 099 | 88 049 | 110 547 | 108 950 | 359 127 | 819 767 | 1 148 801 | 1 291 493 | 1 410 952 | 1 626 792 |
| Operating profit | 526 | 4178 | -5563 | 13 885 | 7010 | 45 004 | -4393 | 183 315 | 25 721 | 118 390 |
| Profit before income tax | 526 | 4107 | -5760 | 13 558 | 6878 | 44 826 | -4393 | 183 315 | 22 688 | 115 497 |
| Profit for the reporting year | 526 | 4107 | -5760 | 13 558 | 6878 | 44 826 | -4393 | 183 315 | 22 613 | 115 272 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 2 | 4 | 1 | 1 | 3 | 5 | 4 | 5 | 7 | 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: Sabiedrība ar ierobežotu atbildību "PIPETECH"
Overview
Sabiedrība ar ierobežotu atbildību "PIPETECH" (reg. no. 40203003938) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Tukuma nov., Tukums, Marsa iela 2A.
Financial results
Revenue in 2025 was 1 626 792 €, up 15,3% on the previous year (1 410 952 €). From 2016 to 2025, revenue grew by an average of 74,0% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 115 272 € (7,1% of revenue). The company was profitable in 8 of the 10 published years. In 2025 the company had 7 employees. Revenue per employee was 232 399 €. At the end of 2025, total assets were 748 100 € and equity 383 742 € (51,3% of assets).
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.
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.