SIA "Drive E"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 3000 € (4% 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 statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 17 973 | 10 954 | 139 801 | 53 540 | 550 642 |
| Total non-current assets | 40 271 | 32 112 | 80 075 | 134 477 | 166 765 |
| Total assets | 58 244 | 43 066 | 219 876 | 188 017 | 717 407 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 8544 | 9600 | 166 485 | 118 288 | 598 340 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 8544 | 9600 | 166 485 | 118 288 | 598 340 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 46 900 | -16 234 | 19 924 | 16 925 | 52 338 |
| Total equity | 49 700 | 33 466 | 53 391 | 69 729 | 119 067 |
| Income statement | |||||
| Sales revenue | 198 834 | 102 317 | 203 440 | 326 294 | 715 670 |
| Operating profit | 46 900 | -16 234 | 19 924 | 16 925 | 53 127 |
| Profit before income tax | 46 900 | -16 234 | 19 924 | 16 925 | 53 127 |
| Profit for the reporting year | 46 900 | -16 234 | 19 924 | 16 925 | 52 338 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 4 | 5 | 5 | 6 | 6 |
| Calculated dividend | — | 0 | 0 | 587 | 3000 |
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 "Drive E"
Overview
SIA "Drive E" (reg. no. 40203267856) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Kuldīgas nov., Kuldīga, Virkas iela 24A.
Financial results
Revenue in 2025 was 715 670 €, up 119% on the previous year (326 294 €). From 2021 to 2025, revenue grew by an average of 37,7% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 52 338 € (7,3% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 6 employees. Revenue per employee was 119 278 €. At the end of 2025, total assets were 717 407 € and equity 119 067 € (16,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (75%) 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.