SIA SILVER ENGINEActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 267 | 9742 | 10 776 | 20 252 | 18 049 | 45 587 | 56 840 | 78 315 | 107 016 |
| Total non-current assets | 4493 | 11 826 | 21 613 | 16 911 | 15 542 | 10 996 | 47 961 | 65 399 | 50 873 |
| Total assets | 4760 | 21 568 | 32 389 | 37 163 | 33 591 | 56 583 | 104 801 | 143 714 | 157 889 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 1214 | 4634 | 5160 | 6334 | 14 562 | 25 348 | 12 956 | 25 797 | 31 466 |
| Non-current liabilities | 3000 | 12 300 | 12 300 | 12 859 | 10 376 | 9876 | 12 746 | 8534 | 395 |
| Total liabilities | 4214 | 16 934 | 17 460 | 19 193 | 24 938 | 35 224 | 25 702 | 34 331 | 31 861 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4055 | 2489 | 10 295 | 3041 | -9317 | 12 705 | 57 740 | 30 284 | 16 645 |
| Total equity | 546 | 4634 | 14 929 | 17 970 | 8653 | 21 359 | 79 099 | 109 383 | 126 028 |
| Income statement | |||||||||
| Sales revenue | 3102 | 60 442 | 91 067 | 98 723 | 131 858 | 209 893 | 290 567 | 318 569 | 388 031 |
| Operating profit | -4055 | 2489 | 10 295 | 3041 | -9141 | 12 977 | 57 740 | 30 629 | 17 533 |
| Profit before income tax | -4055 | 2489 | 10 295 | 3041 | -9141 | 12 977 | 57 740 | 30 629 | 17 533 |
| Profit for the reporting year | -4055 | 2489 | 10 295 | 3041 | -9317 | 12 705 | 57 740 | 30 284 | 16 645 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 1 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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 SILVER ENGINE
Overview
SIA SILVER ENGINE (reg. no. 40203083219) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Rīga, Bukultu iela 5C.
Financial results
Revenue in 2025 was 388 031 €, up 21,8% on the previous year (318 569 €). From 2017 to 2025, revenue grew by an average of 82,9% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 16 645 € (4,3% of revenue). The company was profitable in 7 of the 9 published years. In 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 97 008 €. At the end of 2025, total assets were 157 889 € and equity 126 028 € (79,8% 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.