"ALSO Cloud Latvia" SIAActive
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 | 203 526 | 289 869 | 421 903 | 884 925 | 1 123 727 | 1 628 854 | 1 828 820 | 2 210 557 | 2 131 150 | 2 489 745 |
| Total non-current assets | 2263 | 28 637 | 26 375 | 81 341 | 228 725 | 156 441 | 90 358 | 49 580 | 512 531 | 414 812 |
| Total assets | 205 789 | 318 506 | 448 278 | 966 266 | 1 352 452 | 1 785 295 | 1 919 178 | 2 260 137 | 2 643 681 | 2 904 557 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 172 928 | 237 012 | 270 769 | 610 238 | 727 596 | 1 024 936 | 949 673 | 1 041 138 | 924 397 | 932 972 |
| Non-current liabilities | 0 | 0 | 0 | 37 574 | 120 532 | 44 507 | 0 | 0 | 225 494 | 170 144 |
| Total liabilities | 172 928 | 237 012 | 270 769 | 647 812 | 848 128 | 1 069 443 | 949 673 | 1 041 138 | 1 149 891 | 1 103 116 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -67 139 | 48 633 | 96 015 | 132 119 | 185 870 | 211 528 | 253 653 | 249 494 | 274 790 | 307 651 |
| Total equity | 32 861 | 81 494 | 177 509 | 318 454 | 504 324 | 715 852 | 969 505 | 1 218 999 | 1 493 790 | 1 801 441 |
| Income statement | ||||||||||
| Sales revenue | 226 741 | 1 801 665 | 2 498 993 | 2 952 547 | 3 279 396 | 3 891 362 | 4 420 496 | 4 761 520 | 4 792 202 | 4 848 246 |
| Operating profit | -67 139 | 50 929 | 97 635 | 135 441 | 164 332 | 180 643 | 206 947 | 186 943 | 191 305 | 223 411 |
| Profit before income tax | -67 139 | 50 893 | 97 635 | 135 441 | 186 669 | 212 282 | 254 618 | 254 107 | 280 123 | 313 652 |
| Profit for the reporting year | -67 139 | 48 633 | 96 015 | 132 119 | 185 870 | 211 528 | 253 653 | 249 494 | 274 790 | 307 651 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 24 | 27 | 32 | 34 | 36 | 40 | 47 | 47 | 47 | 47 |
| 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: "ALSO Cloud Latvia" SIA
Overview
"ALSO Cloud Latvia" SIA (reg. no. 40203004717) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Roberta Hirša iela 1.
Financial results
Revenue in 2025 was 4 848 246 €, up 1,2% on the previous year (4 792 202 €). From 2016 to 2025, revenue grew by an average of 40,5% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 307 651 € (6,3% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 47 employees. Revenue per employee was 103 154 €. At the end of 2025, total assets were 2 904 557 € and equity 1 801 441 € (62,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is ALSO Holding AG.
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.