SIA "Squarecrowd Apps"Active

40203167709Limited liability companyFounded 2018

Key figures

88 589 €-1,9%
Revenue 2025
+19,7%
Average annual growth 2018–2025
050 k100 k150 k20182019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k20182019202020212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 21 600 € (38% 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).

History
2025 ~21 600 €
2024 ~24 000 €
2023 ~28 800 €
2022 ~31 200 €
2021 ~23 999 €
2020 ~24 000 €
2019 ~9600 €
Summary of financial statements2018–2025
20182019202020212022202320242025
Balance sheet — assets
Total current assets16 48769 91582 29690 73779 58152 99256 95361 909
Total non-current assets3346782611 15672356519340536362643
Total assets19 83377 74193 45297 97286 10056 39760 58964 552
Balance sheet — liabilities and equity
Current liabilities632940649463766167431412534
Non-current liabilities00000000
Total liabilities632940649463766167431412534
Share capital————————
Retained earnings of previous periods————————
Profit for the year19 20067 20040 00228 70519 025-181126 72526 170
Total equity19 20176 80192 80397 50985 33454 72357 44862 018
Income statement
Sales revenue25 159104 04090 23572 04676 66868 47190 31588 589
Operating profit19 20069 60046 00234 70526 825538932 72531 570
Profit before income tax19 20069 60046 00234 70526 825538932 72531 570
Profit for the reporting year19 20067 20040 00228 70519 025-181126 72526 170
Labour costs————————
Depreciation of non-current assets————————
Other indicators
Employees11122222
Calculated dividend—960024 00023 99931 20028 80024 00021 600

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%SIA "Squarecrowd Apps"Kovaļenko Valerijs
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "Squarecrowd Apps"

Overview

SIA "Squarecrowd Apps" (reg. no. 40203167709) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Hanzas iela 4 - 57.

Financial results

Revenue in 2025 was 88 589 €, down 1,9% on the previous year (90 315 €). From 2018 to 2025, revenue grew by an average of 19,7% per year. Net profit for 2025 was 26 170 € (29,5% of revenue). The company was profitable in 7 of the 8 published years. In 2025 the company had 2 employees. Revenue per employee was 44 295 €. At the end of 2025, total assets were 64 552 € and equity 62 018 € (96,1% 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.