SIA Progress9Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 137 000 | 182 672 | 229 326 | 240 722 | 216 690 | 204 343 | 195 469 | 192 603 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 137 000 | 182 672 | 229 326 | 240 722 | 216 690 | 204 343 | 195 469 | 192 603 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 72 638 | 77 590 | 81 417 | 89 071 | 43 550 | 5290 | 3547 | 3403 |
| Non-current liabilities | 0 | 4000 | 25 449 | 25 449 | 22 958 | 54 022 | 51 728 | 51 706 |
| Total liabilities | 72 638 | 81 590 | 106 866 | 114 520 | 66 508 | 59 312 | 55 275 | 55 109 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 64 262 | 37 244 | 21 378 | 3743 | 22 126 | -5151 | -4837 | -2572 |
| Total equity | 64 362 | 101 082 | 122 460 | 126 202 | 148 328 | 143 177 | 138 340 | 135 768 |
| Income statement | ||||||||
| Sales revenue | 127 444 | 112 519 | 110 878 | 81 378 | 46 238 | 19 531 | 4642 | 2075 |
| Operating profit | 62 135 | 46 704 | 21 378 | 3743 | 22 126 | -5151 | -4837 | -2572 |
| Profit before income tax | 64 262 | 37 244 | 21 378 | 3743 | 22 126 | -5151 | -4837 | -2572 |
| Profit for the reporting year | 64 262 | 37 244 | 21 378 | 3743 | 22 126 | -5151 | -4837 | -2572 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Calculated dividend | — | 524 | 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 Progress9
Overview
SIA Progress9 (reg. no. 40203120214) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Matīsa iela 61 - 23.
Financial results
Revenue in 2025 was 2075 €, down 55,3% on the previous year (4642 €). From 2018 to 2025, revenue declined by an average of 44,5% per year. This is the company's lowest revenue among the published years (2018–2025). 2025 ended with a loss of 2572 €. The company was profitable in 5 of the 8 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 2075 €. At the end of 2025, total assets were 192 603 € and equity 135 768 € (70,5% 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.