Sabiedrība ar ierobežotu atbildību "Associate"Active

40203315319Limited liability companyFounded 2021

Key figures

84 492 €+12,9%
Revenue 2025
+50,2%
Average annual growth 2021–2025
050 k100 k150 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k20212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 35 000 € (69% 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).

History
2025 ~35 000 €
2024 ~25 000 €
2023 ~65 000 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets5775129 09055 43545 73437 495
Total non-current assets12942810269827 09924 053
Total assets7069131 90058 13372 83361 548
Balance sheet — liabilities and equity
Current liabilities021 867150722 42519 609
Non-current liabilities8690000
Total liabilities86921 867150722 42519 609
Share capital—————
Retained earnings of previous periods—————
Profit for the year3400103 83311 59318 78226 531
Total equity6200110 03356 62650 40841 939
Income statement
Sales revenue16 600129 00071 50874 87084 492
Operating profit3416103 99628 01925 04435 281
Profit before income tax3416103 99628 01925 04435 281
Profit for the reporting year3400103 83311 59318 78226 531
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees11111
Calculated dividend—065 00025 00035 000

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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100%Sabiedrība ar ierobež…6Beļavskis Guntis
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Summary: Sabiedrība ar ierobežotu atbildību "Associate"

Overview

Sabiedrība ar ierobežotu atbildību "Associate" (reg. no. 40203315319) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Pulkveža Brieža iela 13 - 205A.

Financial results

Revenue in 2025 was 84 492 €, up 12,9% on the previous year (74 870 €). From 2021 to 2025, revenue grew by an average of 50,2% per year. Net profit for 2025 was 26 531 € (31,4% of revenue). The company was profitable in all 5 published years. In 2025 the company had 1 employees. Revenue per employee was 84 492 €. At the end of 2025, total assets were 61 548 € and equity 41 939 € (68,1% 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.