SIA "Lowtech"Active

40203066825Limited liability companyFounded 2017

Key figures

34 606 €-85,0%
Revenue 2025
-9,3%
Average annual change 2017–2025
0100 k200 k300 k’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets25 32924 745683111 64047 19756 70439 28917 0871551
Total non-current assets0013 62313 59316 19815 93626 22119 8301191
Total assets25 32924 74520 45425 23363 39572 64065 51036 9172742
Balance sheet — liabilities and equity
Current liabilities16 55836 31037 54655 52346 62158 05295 21457 95845 002
Non-current liabilities0013 55330 13421 8427326325617548591
Total liabilities16 55836 31051 09985 65768 46365 37898 47059 71253 593
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year8750-20 336-19 080-29 77955 35612 330-40 22210 165-28 056
Total equity8771-11 565-30 645-60 424-50687262-32 960-22 795-50 851
Income statement
Sales revenue75 403107 000213 813166 967206 776272 051280 626231 46734 606
Operating profit10 296-19 484-18 680-29 77955 35612 330-40 22210 165-23 086
Profit before income tax10 296-20 336-19 080-29 77955 35612 330-40 22210 165-28 056
Profit for the reporting year8750-20 336-19 080-29 77955 35612 330-40 22210 165-28 056
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees147766764
Calculated dividend—00000000

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100%SIA "Lowtech"1Vorkals Rolands
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Lowtech"

Overview

SIA "Lowtech" (reg. no. 40203066825) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Stabu iela 105 - 4.

Financial results

Revenue in 2025 was 34 606 €, down 85,0% on the previous year (231 467 €). From 2017 to 2025, revenue declined by an average of 9,3% per year. This is the company's lowest revenue among the published years (2017–2025). 2025 ended with a loss of 28 056 €. The company was profitable in 4 of the 9 published years. In 2025 the company had 4 employees (6 a year earlier). Revenue per employee was 8652 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-50 851 €).

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.