"RETHINK PASSION" SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 1500 | 1625 | 40 620 | 47 520 |
| Total non-current assets | 0 | 990 | 0 | 0 |
| Total assets | 1500 | 2615 | 40 620 | 47 520 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 0 | 25 463 | 100 267 | 106 609 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 0 | 25 463 | 100 267 | 106 609 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 0 | -24 348 | -78 719 | 558 |
| Total equity | 1500 | -22 848 | -59 647 | -59 089 |
| Income statement | ||||
| Sales revenue | 0 | 19 835 | 51 714 | 31 470 |
| Operating profit | 0 | -24 348 | -78 719 | 558 |
| EBITDA | 0 | -24 348 | -78 719 | 558 |
| Profit before income tax | 0 | -24 348 | -78 719 | 558 |
| Profit for the reporting year | 0 | -24 348 | -78 719 | 558 |
| Labour costs | 0 | 44 183 | 130 433 | 0 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 |
| Other indicators | ||||
| Employees | 1 | 3 | 7 | 6 |
| Calculated dividend | — | 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: "RETHINK PASSION" SIA
Overview
"RETHINK PASSION" SIA (reg. no. 40203348470) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Baznīcas iela 31.
Financial results
Revenue in 2025 was 31 470 €, down 39,1% on the previous year (51 714 €). Net profit for 2025 was 558 € (1,8% of revenue). The company was profitable in 1 of the 4 published years. In 2025 the company had 6 employees (7 a year earlier). Revenue per employee was 5245 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-59 089 €).
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.