FOLDED SIAActive
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 51 203 | 151 706 | 150 756 | 193 727 | 55 478 |
| Total non-current assets | 843 | 7053 | 1 303 292 | 1 319 745 | 4263 |
| Total assets | 52 046 | 158 759 | 1 454 048 | 1 513 472 | 59 741 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 31 456 | 108 729 | 331 339 | 2 116 455 | 1 765 057 |
| Non-current liabilities | 0 | 0 | 1 059 158 | 0 | 0 |
| Total liabilities | 31 456 | 108 729 | 1 390 497 | 2 116 455 | 1 765 057 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 17 590 | 8279 | -365 318 | -666 534 | -1 102 332 |
| Total equity | 20 590 | 50 030 | 63 551 | -602 983 | -1 705 316 |
| Income statement | |||||
| Sales revenue | 45 598 | 504 440 | 467 058 | 821 993 | 566 555 |
| Operating profit | 17 590 | 8279 | -303 360 | -468 379 | -1 051 297 |
| Profit before income tax | 17 590 | 8279 | -365 314 | -666 534 | -1 102 332 |
| Profit for the reporting year | 17 590 | 8279 | -365 318 | -666 534 | -1 102 332 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 9 | 14 | 16 | 16 | 0 |
| Calculated dividend | — | 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: FOLDED SIA
Overview
FOLDED SIA (reg. no. 40203259488) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Mārupes nov., Mārupes pag., "Kalniņi".
Financial results
Revenue in 2024 was 566 555 €, down 31,1% on the previous year (821 993 €). From 2020 to 2024, revenue grew by an average of 87,7% per year. 2024 ended with a loss of 1 102 332 €. The company was profitable in 2 of the 5 published years. According to the report, the company had no employees in 2024.
Management and owners
According to the register, the company has 4 owners. The largest stake (25%) is held by a private individual.
Points to note
Equity was negative at the end of 2024 (-1 705 316 €).
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.