SIA "SpeedUp"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 12 600 € (54% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 16 524 | 16 176 | 19 154 | 24 026 | 33 211 | 38 392 |
| Total non-current assets | 107 478 | 114 701 | 90 978 | 56 614 | 20 251 | 0 |
| Total assets | 124 002 | 130 877 | 110 132 | 80 640 | 53 462 | 38 392 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 10 920 | 30 571 | 20 826 | 15 228 | 11 160 | 9068 |
| Non-current liabilities | 120 000 | 115 150 | 75 150 | 40 350 | 18 801 | 15 787 |
| Total liabilities | 130 920 | 145 721 | 95 976 | 55 578 | 29 961 | 24 855 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -9718 | -7926 | 29 000 | 10 906 | 10 438 | 2636 |
| Total equity | -6918 | -14 844 | 14 156 | 25 062 | 23 501 | 13 537 |
| Income statement | ||||||
| Sales revenue | 19 302 | 164 321 | 267 322 | 291 535 | 304 924 | 321 160 |
| Operating profit | -9718 | 4127 | 41 000 | 16 906 | 17 525 | 8618 |
| Profit before income tax | -9718 | -7926 | 29 000 | 10 906 | 13 438 | 5786 |
| Profit for the reporting year | -9718 | -7926 | 29 000 | 10 906 | 10 438 | 2636 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 2 | 4 | 5 | 5 | 6 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 11 999 | 12 600 |
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 "SpeedUp"
Overview
SIA "SpeedUp" (reg. no. 40203263375) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Virbu iela 3.
Financial results
Revenue in 2025 was 321 160 €, up 5,3% on the previous year (304 924 €). From 2020 to 2025, revenue grew by an average of 75,5% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 2636 € (0,8% of revenue). The company was profitable in 4 of the 6 published years. In 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 64 232 €. At the end of 2025, total assets were 38 392 € and equity 13 537 € (35,3% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (51%) is held by 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.