SIA "Excellent Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 26 155 | 24 915 | 78 417 | 111 964 | 60 037 | 58 616 |
| Total non-current assets | 960 | 2376 | 1528 | 5372 | 239 197 | 359 165 |
| Total assets | 27 115 | 27 291 | 79 945 | 117 336 | 299 234 | 417 781 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 256 815 | 229 169 | 229 915 | 250 508 | 285 987 | 499 188 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 256 815 | 229 169 | 229 915 | 250 508 | 285 987 | 499 188 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -232 700 | 27 739 | 51 741 | 17 048 | 146 420 | -72 589 |
| Total equity | -229 700 | -201 961 | -150 220 | -133 172 | 13 247 | -81 407 |
| Income statement | ||||||
| Sales revenue | 732 728 | 1 110 576 | 1 156 081 | 1 213 611 | 1 225 746 | 1 248 348 |
| Operating profit | -232 484 | 27 739 | 52 223 | 17 048 | 148 285 | -71 610 |
| Profit before income tax | -232 484 | 27 739 | 52 223 | 17 048 | 148 285 | -71 704 |
| Profit for the reporting year | -232 700 | 27 739 | 51 741 | 17 048 | 146 420 | -72 589 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 4 | 5 | 6 | 7 | 8 | 9 |
| Calculated dividend | — | 0 | 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.
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Summary: SIA "Excellent Latvia"
Overview
SIA "Excellent Latvia" (reg. no. 40203232394) is a limited liability company. The company was registered in 2019 and has been in the register for 6 years. Registered address: Rīga, Dzirnavu iela 67.
Financial results
Revenue in 2025 was 1 248 348 €, up 1,8% on the previous year (1 225 746 €). From 2020 to 2025, revenue grew by an average of 11,2% per year. This is the company's highest revenue among the published years (2020–2025). 2025 ended with a loss of 72 589 €. The company was profitable in 4 of the 6 published years. In 2025 the company had 9 employees (8 a year earlier). Revenue per employee was 138 705 €.
Management and owners
The board has 3 members. According to the register, the company has 3 owners. The largest stake (70%) is held by EXCELLENT BUSINESS SOLUTIONS EESTI AS.
Points to note
Equity was negative at the end of 2025 (-81 407 €).
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.