SIA ELEK HOLDINGActive

40203374257Limited liability companyFounded 2022

Key figures

140 579 €+2711,6%
Revenue 2025
+1060,3%
Average annual growth 2022–2025
050 k100 k150 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets38144410 064239 325
Total non-current assets0004018
Total assets38144410 064243 343
Balance sheet — liabilities and equity
Current liabilities42412607456212 803
Non-current liabilities0001292
Total liabilities42412607456214 095
Share capital————
Retained earnings of previous periods————
Profit for the year-486570242326 640
Total equity-386184260829 248
Income statement
Sales revenue9012015000140 579
Operating profit-486620247334 294
Profit before income tax-486620247334 294
Profit for the reporting year-486570242326 640
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees0001
Calculated dividend—000

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100%40%SIA ELEK HOLDING1Millers DāvisSIA "BalanceGrid"
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Summary: SIA ELEK HOLDING

Overview

SIA ELEK HOLDING (reg. no. 40203374257) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Republikas laukums 3 - 121.

Financial results

Revenue in 2025 was 140 579 €, up 2712% on the previous year (5000 €). From 2022 to 2025, revenue grew by an average of 1060% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 26 640 € (19,0% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 140 579 €. At the end of 2025, total assets were 243 343 € and equity 29 248 € (12,0% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.