SIA Advance MarineActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 20 000 € (7% 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 | 100 712 | 266 425 | 268 870 | 202 301 | 215 227 | 204 316 | 284 481 | 324 448 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 100 712 | 266 425 | 268 870 | 202 301 | 215 227 | 204 316 | 284 481 | 324 448 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 2200 | 2445 | 3349 | 2815 | 2060 | 1485 | 6896 | 3501 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2200 | 2445 | 3349 | 2815 | 2060 | 1485 | 6896 | 3501 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 95 512 | 195 468 | 1541 | 12 280 | 13 681 | 15 664 | 94 754 | 63 362 |
| Total equity | 98 512 | 263 980 | 265 521 | 199 486 | 213 167 | 202 831 | 277 585 | 320 947 |
| Income statement | ||||||||
| Sales revenue | 166 076 | 376 524 | 52 686 | 95 490 | 62 153 | 74 936 | 277 399 | 205 025 |
| Operating profit | 95 512 | 202 968 | 1541 | 33 292 | 13 681 | 22 164 | 99 754 | 68 362 |
| Profit before income tax | 95 512 | 202 968 | 1541 | 33 292 | 13 681 | 22 164 | 99 754 | 68 362 |
| Profit for the reporting year | 95 512 | 195 468 | 1541 | 12 280 | 13 681 | 15 664 | 94 754 | 63 362 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 30 000 | 0 | 78 315 | 0 | 26 000 | 20 000 | 20 000 |
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 Advance Marine
Overview
SIA Advance Marine (reg. no. 40203148426) 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 - 22.
Financial results
Revenue in 2025 was 205 025 €, down 26,1% on the previous year (277 399 €). From 2018 to 2025, revenue grew by an average of 3,1% per year. Net profit for 2025 was 63 362 € (30,9% of revenue). The company was profitable in all 8 published years. In 2025 the company had 2 employees. Revenue per employee was 102 513 €. At the end of 2025, total assets were 324 448 € and equity 320 947 € (98,9% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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.