SIA "FORSETIA"Active

40203206527Limited liability companyFounded 2019

Key figures

170 872 €-45,5%
Revenue 2025
+43,4%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k2019202020212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 46 500 € (19% 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 ~46 500 €
2024 ~34 800 €
20230 €
20220 €
20210 €
2020 ~5500 €
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets19 03038 92245 41654 83472 769188 952145 775
Total non-current assets0000069 79562 518
Total assets19 03038 92245 41654 83472 769258 747208 293
Balance sheet — liabilities and equity
Current liabilities1530120412201256379116 8927663
Non-current liabilities0000000
Total liabilities1530120412201256379116 8927663
Share capital———————
Retained earnings of previous periods———————
Profit for the year14 70025 7186478938215 399207 6775275
Total equity17 50037 71844 19653 57868 978241 855200 630
Income statement
Sales revenue19 64047 94524 00034 40038 430313 736170 872
Operating profit14 70027 0936478938215 399216 37716 970
Profit before income tax14 70027 0936478938215 399216 37716 970
Profit for the reporting year14 70025 7186478938215 399207 6775275
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees1111122
Calculated dividend—550000034 80046 500

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

Click a node to see its other connections.

100%37,5%SIA "FORSETIA"3Montiks AndrisSIA MORPH3
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA "FORSETIA"

Overview

SIA "FORSETIA" (reg. no. 40203206527) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Krišjāņa Valdemāra iela 24 - 22.

Financial results

Revenue in 2025 was 170 872 €, down 45,5% on the previous year (313 736 €). From 2019 to 2025, revenue grew by an average of 43,4% per year. Net profit for 2025 was 5275 € (3,1% of revenue). The company was profitable in all 7 published years. In 2025 the company had 2 employees. Revenue per employee was 85 436 €. At the end of 2025, total assets were 208 293 € and equity 200 630 € (96,3% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.

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.