System Concept SIAActive
Key figures
Ratios
2021Balance sheet structure
Summary of financial statements2020–2021
| 2020 | 2021 | |
|---|---|---|
| Balance sheet — assets | ||
| Total current assets | 100 224 | 89 921 |
| Total non-current assets | 0 | 0 |
| Total assets | 100 224 | 89 921 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 326 269 | 146 435 |
| Non-current liabilities | 0 | 0 |
| Total liabilities | 326 269 | 146 435 |
| Share capital | — | — |
| Retained earnings of previous periods | — | — |
| Profit for the year | -228 845 | 169 531 |
| Total equity | -226 045 | -56 514 |
| Income statement | ||
| Sales revenue | 96 706 | 197 003 |
| Operating profit | -228 845 | 169 581 |
| Profit before income tax | -228 845 | 169 581 |
| Profit for the reporting year | -228 845 | 169 531 |
| Labour costs | — | — |
| Depreciation of non-current assets | — | — |
| Other indicators | ||
| Employees | 0 | 0 |
| Calculated dividend | — | 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: System Concept SIA
Overview
System Concept SIA (reg. no. 40203245897) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Vecāķu prospekts 205B - 21.
Financial results
Revenue in 2021 was 197 003 €, up 104% on the previous year (96 706 €). Net profit for 2021 was 169 531 € (86,1% of revenue). According to the report, the company had no employees in 2021.
Management and owners
The board has 2 members. According to the register, the company has 5 owners. The largest stake (56%) is held by a private individual.
Points to note
Equity was negative at the end of 2021 (-56 514 €). The latest published annual report is for 2021.
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.