SIA "Piano Origo"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 73 575 | 881 262 | 398 355 | 28 253 | 40 833 | 210 589 |
| Total non-current assets | 1 699 118 | 976 685 | 797 794 | 626 539 | 557 879 | 491 874 |
| Total assets | 1 772 693 | 1 857 947 | 1 196 149 | 654 792 | 598 712 | 702 463 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 146 541 | 1 363 612 | 1 013 073 | 570 917 | 446 498 | 1 289 339 |
| Non-current liabilities | 1 947 570 | 0 | 0 | 0 | 122 642 | 0 |
| Total liabilities | 2 094 111 | 1 363 612 | 1 013 073 | 570 917 | 569 140 | 1 289 339 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -324 218 | -481 487 | -311 259 | -299 202 | -154 519 | -257 175 |
| Total equity | -321 418 | 494 335 | 183 076 | 83 875 | 29 572 | -586 876 |
| Income statement | ||||||
| Sales revenue | 133 151 | 388 439 | 641 776 | 708 571 | 873 316 | 766 868 |
| Operating profit | -277 970 | -411 148 | -270 399 | -263 948 | -135 046 | -222 036 |
| Profit before income tax | -315 104 | -481 487 | -311 259 | -299 202 | -153 959 | -250 916 |
| Profit for the reporting year | -324 218 | -481 487 | -311 259 | -299 202 | -154 519 | -257 175 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 19 | 21 | 23 | 22 | 19 | 20 |
| 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 "Piano Origo"
Overview
SIA "Piano Origo" (reg. no. 40203241664) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Duntes iela 3.
Financial results
Revenue in 2025 was 766 868 €, down 12,2% on the previous year (873 316 €). From 2020 to 2025, revenue grew by an average of 41,9% per year. 2025 ended with a loss of 257 175 €. The company made a loss in all 6 published years. In 2025 the company had 20 employees (19 a year earlier). Revenue per employee was 38 343 €.
Management and owners
The board has 2 members. The sole owner of the company is Vapi People OU.
Points to note
Equity was negative at the end of 2025 (-586 876 €).
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.