Thermal-Tec SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 766 706 | 462 252 | 1 068 491 | 626 977 |
| Total non-current assets | 438 077 | 691 655 | 634 545 | 786 872 |
| Total assets | 1 204 783 | 1 153 907 | 1 703 036 | 1 413 849 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 512 827 | 382 807 | 1 005 198 | 638 312 |
| Non-current liabilities | 700 000 | 718 693 | 568 597 | 634 400 |
| Total liabilities | 1 212 827 | 1 101 500 | 1 573 795 | 1 272 712 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | -10 844 | 60 451 | 76 834 | 11 896 |
| Total equity | -8044 | 52 407 | 129 241 | 141 137 |
| Income statement | ||||
| Sales revenue | 1 600 000 | 2 445 929 | 2 957 722 | 2 934 897 |
| Operating profit | 19 650 | 123 727 | 138 418 | 58 619 |
| Profit before income tax | -10 844 | 73 106 | 83 538 | 11 896 |
| Profit for the reporting year | -10 844 | 60 451 | 76 834 | 11 896 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 5 | 8 | 8 | 10 |
| 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: Thermal-Tec SIA
Overview
Thermal-Tec SIA (reg. no. 40203383565) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Valmieras nov., Valmieras pag., Valmiermuiža, Tālivalža iela 27.
Financial results
Revenue in 2025 was 2 934 897 €, down 0,8% on the previous year (2 957 722 €). From 2022 to 2025, revenue grew by an average of 22,4% per year. Net profit for 2025 was 11 896 € (0,4% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 293 490 €. At the end of 2025, total assets were 1 413 849 € and equity 141 137 € (10,0% of assets).
Management and owners
The board has 3 members. According to the register, the company has 2 owners. The largest stake (66,6%) is held by HC Invest GmbH.
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.