SIA BitflakeActive

40203353166Limited liability companyFounded 2021

Key figures

13 024 €-29,3%
Revenue 2025
+80,9%
Average annual growth 2022–2025
05 k10 k15 k20 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k2022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 1000 € (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).

History
2025 ~1000 €
20240 €
20230 €
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets2262670622 5977051
Total non-current assets0266718989014
Total assets2262937324 49516 065
Balance sheet — liabilities and equity
Current liabilities122198870573
Non-current liabilities0000
Total liabilities122198870573
Share capital————
Retained earnings of previous periods————
Profit for the year2040703514 449-7133
Total equity2140917523 62515 492
Income statement
Sales revenue2199878818 42513 024
Operating profit2040708514 599-6781
Profit before income tax2040708514 499-6883
Profit for the reporting year2040703514 449-7133
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees0000
Calculated dividend—001000

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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51%49%60%SIA Bitflake1Vītols KristapsNaglis RolandsSabiedrība ar ierobež…
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Shared members or board members

Summary: SIA Bitflake

Overview

SIA Bitflake (reg. no. 40203353166) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Cēsu nov., Cēsis, Viestura iela 8A - 4.

Financial results

Revenue in 2025 was 13 024 €, down 29,3% on the previous year (18 425 €). From 2022 to 2025, revenue grew by an average of 80,9% per year. 2025 ended with a loss of 7133 €. The company was profitable in 3 of the 4 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 16 065 € and equity 15 492 € (96,4% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by a private individual. The company holds a stake in one other active Latvian company.

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.