SIA "1NCE Latvia"Active
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 111 731 | 172 787 | 343 689 | 1 026 623 | 1 722 990 |
| Total non-current assets | 17 094 | 58 558 | 61 252 | 33 368 | 20 042 |
| Total assets | 128 825 | 231 345 | 404 941 | 1 059 991 | 1 743 032 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 83 692 | 100 404 | 172 927 | 507 664 | 594 376 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 83 692 | 100 404 | 172 927 | 507 664 | 594 376 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 42 333 | 85 808 | 101 073 | 320 313 | 474 213 |
| Total equity | 45 133 | 130 941 | 232 014 | 552 327 | 1 026 540 |
| Income statement | |||||
| Sales revenue | 597 271 | 1 865 700 | 3 311 829 | 5 747 075 | 9 216 037 |
| Operating profit | 42 333 | 86 332 | 102 206 | 320 352 | 474 242 |
| Profit before income tax | 42 333 | 86 332 | 102 206 | 320 352 | 474 242 |
| Profit for the reporting year | 42 333 | 85 808 | 101 073 | 320 313 | 474 213 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 9 | 25 | 46 | 62 | 80 |
| Calculated dividend | — | 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.
Connections graph
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Summary: SIA "1NCE Latvia"
Overview
SIA "1NCE Latvia" (reg. no. 40203204013) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Republikas laukums 3 - 124.
Financial results
Revenue in 2023 was 9 216 037 €, up 60,4% on the previous year (5 747 075 €). From 2019 to 2023, revenue grew by an average of 98,2% per year. This is the company's highest revenue among the published years (2019–2023). Net profit for 2023 was 474 213 € (5,1% of revenue). The company was profitable in all 5 published years. In 2023 the company had 80 employees (62 a year earlier). Revenue per employee was 115 200 €. At the end of 2023, total assets were 1 743 032 € and equity 1 026 540 € (58,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is 1NCE GmbH.
Points to note
The latest published annual report is for 2023.
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.