SIA ETICActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 2853 | 198 377 | 264 664 | 299 458 | 282 990 | 286 051 | 112 546 | 94 690 | 88 076 |
| Total non-current assets | 0 | 15 734 | 83 775 | 29 420 | 17 103 | 11 992 | 5419 | 11 244 | 9067 |
| Total assets | 2853 | 214 111 | 348 439 | 328 878 | 300 093 | 298 043 | 117 965 | 105 934 | 97 143 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 50 | 117 747 | 191 110 | 89 419 | 83 971 | 67 570 | 158 533 | 126 202 | 147 106 |
| Non-current liabilities | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 222 000 | 60 000 |
| Total liabilities | 150 | 117 747 | 191 110 | 89 419 | 83 971 | 67 570 | 158 533 | 348 202 | 207 106 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -97 | 93 661 | 60 965 | 102 130 | 121 663 | 14 352 | -271 040 | -201 700 | -137 696 |
| Total equity | 2703 | 96 364 | 157 329 | 239 459 | 216 122 | 230 473 | -40 568 | -242 268 | -109 963 |
| Income statement | |||||||||
| Sales revenue | 0 | 1 218 920 | 2 031 447 | 1 263 265 | 1 451 625 | 1 407 039 | 1 376 677 | 1 711 779 | 1 029 308 |
| Operating profit | -47 | 100 147 | 85 540 | 108 383 | 156 162 | 14 352 | -270 340 | -199 185 | -128 481 |
| Profit before income tax | -47 | 99 632 | 84 111 | 107 130 | 157 913 | 14 352 | -270 950 | -201 700 | -137 696 |
| Profit for the reporting year | -97 | 93 661 | 60 965 | 102 130 | 121 663 | 14 352 | -271 040 | -201 700 | -137 696 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 0 | 16 | 21 | 14 | 13 | 11 | 13 | 13 | 13 |
| Calculated dividend | — | 0 | 0 | 20 000 | 145 000 | 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 ETIC
Overview
SIA ETIC (reg. no. 40203016294) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Jelgava, Aviācijas iela 18.
Financial results
Revenue in 2025 was 1 029 308 €, down 39,9% on the previous year (1 711 779 €). 2025 ended with a loss of 137 696 €. The company was profitable in 5 of the 9 published years. In 2025 the company had 13 employees. Revenue per employee was 79 178 €.
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (48%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-109 963 €).
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.