SIA Multiplier Technologies LatviaActive

40203388543Limited liability companyFounded 2022

Key figures

421 906 €+54,1%
Revenue 2025
+344,2%
Average annual growth 2022–2025
0200 k400 k600 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets481515 24513 01121 978
Total non-current assets0000
Total assets481515 24513 01121 978
Balance sheet — liabilities and equity
Current liabilities178611 942951518 216
Non-current liabilities0000
Total liabilities178611 942951518 216
Share capital————
Retained earnings of previous periods————
Profit for the year229274193266
Total equity3029330334963762
Income statement
Sales revenue4815144 570273 853421 906
Operating profit229274193266
Profit before income tax229274193266
Profit for the reporting year229274193266
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees1114
Calculated dividend—000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%SIA Multiplier Techno…MULTIPLIER TECHNOLOGI…Singh S/O Gurcharan S…
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA Multiplier Technologies Latvia

Overview

SIA Multiplier Technologies Latvia (reg. no. 40203388543) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Blaumaņa iela 34 - 1.

Financial results

Revenue in 2025 was 421 906 €, up 54,1% on the previous year (273 853 €). From 2022 to 2025, revenue grew by an average of 344% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 266 € (0,1% of revenue). The company was profitable in all 4 published years. In 2025 the company had 4 employees (1 a year earlier). Revenue per employee was 105 477 €. At the end of 2025, total assets were 21 978 € and equity 3762 € (17,1% of assets).

Management and owners

The company has one board member. The sole owner of the company is MULTIPLIER TECHNOLOGIES PTE. LTD..

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.