"Startax Latvia" SIAActive

40203079514Limited liability companyFounded 2017

Key figures

300 000 €+14,7%
Revenue 2025
+39,4%
Average annual growth 2017–2025
0100 k200 k300 k’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets19 55315 28127 77550 10753 74030 18428 76639 75046 752
Total non-current assets14881927772153014000213543756074158
Total assets21 04117 20835 49655 40857 74032 31929 20345 35750 910
Balance sheet — liabilities and equity
Current liabilities15 70913 70619 34036 84654 93553 04454 90666 50264 304
Non-current liabilities000000000
Total liabilities15 70913 70619 34036 84654 93553 04454 90666 50264 304
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year2532-183012 6542406-15 757-23 530-497849237751
Total equity5332350216 15618 5622805-20 725-25 703-21 145-13 394
Income statement
Sales revenue21 00056 14084 000102 500137 000138 000169 500261 653300 000
Operating profit2849-172312 6542930-15 073-24 285-394964498903
Profit before income tax2798-182912 6542930-15 757-23 530-497853658087
Profit for the reporting year2532-183012 6542406-15 757-23 530-497849237751
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees112233344
Calculated dividend—00000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%"Startax Latvia" SIARelais Group OyjTaevere Marko
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: "Startax Latvia" SIA

Overview

"Startax Latvia" SIA (reg. no. 40203079514) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Rītausmas iela 11B.

Financial results

Revenue in 2025 was 300 000 €, up 14,7% on the previous year (261 653 €). From 2017 to 2025, revenue grew by an average of 39,4% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 7751 € (2,6% of revenue). The company was profitable in 5 of the 9 published years. In 2025 the company had 4 employees. Revenue per employee was 75 000 €.

Management and owners

The company has one board member. The sole owner of the company is Relais Group Oyj.

Points to note

Equity was negative at the end of 2025 (-13 394 €).

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.