Axend Systems, SIAActive

40203330515Limited liability companyFounded 2021

Key figures

95 098 €+56,5%
Revenue 2025
-20,7%
Average annual change 2022–2025
050 k100 k150 k200 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets28 45526 614920826 890
Total non-current assets0443558834403
Total assets28 45531 04915 09131 293
Balance sheet — liabilities and equity
Current liabilities14 52415 23945151806
Non-current liabilities0000
Total liabilities14 52415 23945151806
Share capital————
Retained earnings of previous periods————
Profit for the year49311879-523418 911
Total equity13 93115 81010 57629 487
Income statement
Sales revenue190 847118 22760 75295 098
Operating profit52641880-523418 913
Profit before income tax52641879-523418 913
Profit for the reporting year49311879-523418 911
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees10423
Calculated dividend—000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%Axend Systems, SIADulin Alexandr
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Axend Systems, SIA

Overview

Axend Systems, SIA (reg. no. 40203330515) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Ropažu nov., Vangaži, Priežu iela 3 - 6.

Financial results

Revenue in 2025 was 95 098 €, up 56,5% on the previous year (60 752 €). From 2022 to 2025, revenue declined by an average of 20,7% per year. Net profit for 2025 was 18 911 € (19,9% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 31 699 €. At the end of 2025, total assets were 31 293 € and equity 29 487 € (94,2% 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.