SIA "ICS STEEL"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 301 102 | 930 064 | 1 278 551 | 1 822 443 |
| Profit for the reporting year | 1636 | 6745 | -38 591 | 30 163 |
| Retained earnings of previous periods | — | — | — | — |
| Total assets | 683 301 | 1 147 369 | 1 464 592 | 1 602 964 |
| Total liabilities | 678 865 | 1 136 188 | 1 492 003 | 1 600 212 |
| Total equity | 4436 | 11 181 | -27 411 | 2752 |
| Employees | 8 | 20 | 27 | 38 |
| 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: SIA "ICS STEEL"
Overview
SIA "ICS STEEL" (reg. no. 40203382165) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Kalnciema iela 67.
Financial results
Revenue in 2025 was 1 822 443 €, up 42,5% on the previous year (1 278 551 €). From 2022 to 2025, revenue grew by an average of 82,2% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 30 163 € (1,7% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 38 employees (27 a year earlier). Revenue per employee was 47 959 €. At the end of 2025, total assets were 1 602 964 € and equity 2752 € (0,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (45%) is held by 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.