SIA First CompanyActive

40203080195Limited liability companyFounded 2017

Key figures

276 307 €+26,0%
Revenue 2025
+30,6%
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
050 k100 k150 k’17’18’19’20’21’22’23’24’25
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets82527263343620 37651 49135 41418 78099 247122 513
Total non-current assets0004835376010 81827 45621 09614 736
Total assets82527263343625 21155 25146 23246 236120 343137 249
Balance sheet — liabilities and equity
Current liabilities532310 87013 82313 99820 33822 60319 72916 51113 140
Non-current liabilities000000000
Total liabilities532310 87013 82313 99820 33822 60319 72916 51113 140
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year129-6536-678021 60023 700-11 284287777 32520 277
Total equity2929-3607-10 38711 21334 91323 62926 507103 832124 109
Income statement
Sales revenue32 59771 91744 659100 561160 49185 712112 953219 216276 307
Operating profit362-6536-678021 60023 700-11 284287777 32520 277
Profit before income tax362-6536-678021 60023 700-11 284287777 32520 277
Profit for the reporting year129-6536-678021 60023 700-11 284287777 32520 277
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees155333335
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.

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100%SIA First Company1Koreņevskis Aleksandrs
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA First Company

Overview

SIA First Company (reg. no. 40203080195) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Nīcgales iela 44 - 3.

Financial results

Revenue in 2025 was 276 307 €, up 26,0% on the previous year (219 216 €). From 2017 to 2025, revenue grew by an average of 30,6% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 20 277 € (7,3% of revenue). The company was profitable in 6 of the 9 published years. In 2025 the company had 5 employees (3 a year earlier). Revenue per employee was 55 261 €. At the end of 2025, total assets were 137 249 € and equity 124 109 € (90,4% of assets).

Management and owners

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

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.