Smart Electric Technology SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 197 219 | 36 108 | 132 841 | 70 606 | 249 283 |
| Total non-current assets | 30 723 | 29 134 | 22 284 | 44 766 | 69 379 |
| Total assets | 227 942 | 65 242 | 155 125 | 115 372 | 318 662 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 302 356 | 128 565 | 180 676 | 166 152 | 215 742 |
| Non-current liabilities | 0 | 200 000 | 200 000 | 200 000 | 209 264 |
| Total liabilities | 302 356 | 328 565 | 380 676 | 366 152 | 425 006 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -76 914 | -188 909 | 37 472 | -25 229 | 22 065 |
| Total equity | -74 414 | -263 323 | -225 551 | -250 780 | -106 344 |
| Income statement | |||||
| Sales revenue | 28 221 | 135 587 | 564 567 | 447 874 | 351 230 |
| Operating profit | -76 914 | -188 909 | 37 472 | -25 229 | 22 065 |
| Profit before income tax | -76 914 | -188 909 | 37 472 | -25 229 | 22 065 |
| Profit for the reporting year | -76 914 | -188 909 | 37 472 | -25 229 | 22 065 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 1 | 4 | 5 | 5 | 5 |
| 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: Smart Electric Technology SIA
Overview
Smart Electric Technology SIA (reg. no. 40203265643) 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., Jaunmārupe, Ozolu iela 28 k-1.
Financial results
Revenue in 2025 was 351 230 €, down 21,6% on the previous year (447 874 €). From 2021 to 2025, revenue grew by an average of 87,8% per year. Net profit for 2025 was 22 065 € (6,3% of revenue). The company was profitable in 2 of the 5 published years. In 2025 the company had 5 employees. Revenue per employee was 70 246 €.
Management and owners
The board has 4 members. According to the register, the company has 4 owners. The largest stake (53,4%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-106 344 €).
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.