SIA "IoT Systems"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 20 526 | 34 935 | 26 156 | 47 816 | 60 099 | 38 222 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 6998 |
| Total assets | 20 526 | 34 935 | 26 156 | 47 816 | 60 099 | 45 220 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 14 342 | 26 605 | 11 748 | 19 093 | 21 644 | 14 107 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 14 342 | 26 605 | 11 748 | 19 093 | 21 644 | 14 107 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 3184 | 2146 | 6078 | 14 315 | 18 533 | -7342 |
| Total equity | 6184 | 8330 | 14 408 | 28 723 | 38 455 | 31 113 |
| Income statement | ||||||
| Sales revenue | 32 259 | 81 592 | 71 380 | 124 339 | 158 607 | 114 067 |
| Operating profit | 3184 | 2146 | 6078 | 14 315 | 20 733 | -7342 |
| Profit before income tax | 3184 | 2146 | 6078 | 14 315 | 20 733 | -7342 |
| Profit for the reporting year | 3184 | 2146 | 6078 | 14 315 | 18 533 | -7342 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 8801 | 0 |
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 "IoT Systems"
Overview
SIA "IoT Systems" (reg. no. 40203218935) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Dzelzavas iela 127.
Financial results
Revenue in 2025 was 114 067 €, down 28,1% on the previous year (158 607 €). From 2020 to 2025, revenue grew by an average of 28,7% per year. 2025 ended with a loss of 7342 €. The company was profitable in 5 of the 6 published years. In 2025 the company had 1 employees. Revenue per employee was 114 067 €. At the end of 2025, total assets were 45 220 € and equity 31 113 € (68,8% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (60%) 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.