SIA SETECHActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 2801 | 14 130 | 114 851 | 111 728 | 151 214 | 149 760 | 360 017 | 849 834 | 509 942 | 637 704 |
| Total non-current assets | 0 | 1056 | 42 512 | 39 263 | 22 304 | 10 713 | 2149 | 0 | 0 | 46 972 |
| Total assets | 2801 | 15 186 | 157 363 | 150 991 | 173 518 | 160 473 | 362 166 | 849 834 | 509 942 | 684 676 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 882 | 17 976 | 1280 | 9779 | 4644 | 4997 | 12 813 | 7578 | 78 400 | 229 515 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 882 | 17 976 | 1280 | 9779 | 4644 | 4997 | 12 813 | 7578 | 78 400 | 229 515 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -881 | -4709 | 25 021 | -295 071 | 27 662 | -11 238 | 193 878 | 586 407 | 317 980 | 23 620 |
| Total equity | 1919 | -2790 | 156 083 | 141 212 | 168 874 | 155 476 | 349 353 | 842 256 | 431 542 | 455 161 |
| Income statement | ||||||||||
| Sales revenue | 1622 | 21 122 | 119 684 | 259 228 | 321 877 | 180 546 | 328 317 | 645 932 | 428 999 | 475 357 |
| Operating profit | -881 | -4709 | 25 351 | -295 070 | 29 662 | -11 063 | 194 682 | 586 413 | 363 709 | -49 935 |
| Profit before income tax | -881 | -4709 | 25 021 | -295 071 | 29 662 | -11 238 | 193 878 | 586 407 | 393 605 | 23 620 |
| Profit for the reporting year | -881 | -4709 | 25 021 | -295 071 | 27 662 | -11 238 | 193 878 | 586 407 | 317 980 | 23 620 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 1 | 2 | 4 | 7 | 3 | 1 | 1 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 2160 | 0 | 93 504 | 728 694 | 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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Related companies
- SIA EQ100 — 1%
Summary: SIA SETECH
Overview
SIA SETECH (reg. no. 40203020143) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Skanstes iela 7 k-1.
Financial results
Revenue in 2025 was 475 357 €, up 10,8% on the previous year (428 999 €). From 2016 to 2025, revenue grew by an average of 88,0% per year. Net profit for 2025 was 23 620 € (5,0% of revenue). The company was profitable in 6 of the 10 published years. In 2025 the company had 2 employees. Revenue per employee was 237 679 €. At the end of 2025, total assets were 684 676 € and equity 455 161 € (66,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "Sefinance". The company holds a stake in one other active Latvian 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.