SIA GSM designActive
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 | 1374 | 96 159 | 128 528 | 134 308 | 102 767 | 31 147 |
| Total non-current assets | 0 | 2470 | 2470 | 21 375 | 20 538 | 18 269 |
| Total assets | 1374 | 98 629 | 130 998 | 155 683 | 123 305 | 49 416 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 0 | 69 721 | 50 643 | 51 059 | 68 456 | 12 353 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 69 721 | 50 643 | 51 059 | 68 456 | 12 353 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -26 | 27 534 | 51 447 | 34 269 | -49 775 | -17 786 |
| Total equity | 1374 | 28 908 | 80 355 | 104 624 | 54 849 | 37 063 |
| Income statement | ||||||
| Sales revenue | 0 | 94 150 | 217 539 | 182 968 | 95 424 | 32 663 |
| Operating profit | -26 | 27 572 | 51 452 | 13 362 | -49 775 | -17 786 |
| Profit before income tax | -26 | 27 534 | 51 447 | 34 269 | -49 775 | -17 786 |
| Profit for the reporting year | -26 | 27 534 | 51 447 | 34 269 | -49 775 | -17 786 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 10 000 | 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 GSM design
Overview
SIA GSM design (reg. no. 40203258355) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Ādažu nov., Ādaži, Vēja iela 17A.
Financial results
Revenue in 2025 was 32 663 €, down 65,8% on the previous year (95 424 €). 2025 ended with a loss of 17 786 €. The company was profitable in 3 of the 6 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 32 663 €. At the end of 2025, total assets were 49 416 € and equity 37 063 € (75,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.