SIA "Ivory Rentals"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 8300 € (16% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 3243 | 3836 | 7974 | 17 131 | 29 912 | 35 886 | 48 182 | 36 279 |
| Total non-current assets | 0 | 5900 | 17 658 | 39 142 | 71 291 | 64 844 | 78 137 | 126 806 |
| Total assets | 3243 | 9736 | 25 632 | 56 273 | 101 203 | 100 730 | 126 319 | 163 085 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 290 | 6255 | 6830 | 18 287 | 22 479 | 44 597 | 46 995 | 73 613 |
| Non-current liabilities | 0 | 0 | 9500 | 14 886 | 46 579 | 19 419 | 27 718 | 36 220 |
| Total liabilities | 290 | 6255 | 16 330 | 33 173 | 69 058 | 64 016 | 74 713 | 109 833 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 153 | 528 | 5820 | 13 798 | 10 289 | 13 927 | 23 262 | 9946 |
| Total equity | 2953 | 3481 | 9302 | 23 100 | 32 145 | 36 714 | 51 606 | 53 252 |
| Income statement | ||||||||
| Sales revenue | 5850 | 9130 | 34 895 | 80 617 | 105 564 | 129 738 | 177 600 | 160 426 |
| Operating profit | 153 | 528 | 5946 | 15 324 | 12 531 | 19 256 | 29 338 | 17 416 |
| Profit before income tax | 153 | 528 | 5820 | 13 809 | 10 600 | 16 267 | 25 355 | 12 021 |
| Profit for the reporting year | 153 | 528 | 5820 | 13 798 | 10 289 | 13 927 | 23 262 | 9946 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 1244 | 9358 | 8370 | 8300 |
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 "Ivory Rentals"
Overview
SIA "Ivory Rentals" (reg. no. 40203127725) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Ziepniekkalna iela 13.
Financial results
Revenue in 2025 was 160 426 €, down 9,7% on the previous year (177 600 €). From 2018 to 2025, revenue grew by an average of 60,5% per year. Net profit for 2025 was 9946 € (6,2% of revenue). The company was profitable in all 8 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 53 475 €. At the end of 2025, total assets were 163 085 € and equity 53 252 € (32,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (55%) is held by 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.