Solar Channel SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 149 416 | 161 096 | 75 151 | 51 438 |
| Total non-current assets | 0 | 0 | 0 | 0 |
| Total assets | 149 416 | 161 096 | 75 151 | 51 438 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 65 562 | 188 611 | 100 391 | 75 972 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 65 562 | 188 611 | 100 391 | 75 972 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 69 154 | -111 369 | 2275 | 706 |
| Total equity | 83 854 | -27 515 | -25 240 | -24 534 |
| Income statement | ||||
| Sales revenue | 463 379 | 663 377 | 384 147 | 127 921 |
| Operating profit | 69 154 | -111 369 | 2899 | 2670 |
| Profit before income tax | 69 154 | -111 369 | 2275 | 706 |
| Profit for the reporting year | 69 154 | -111 369 | 2275 | 706 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 6 | 5 | 5 | 4 |
| 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: Solar Channel SIA
Overview
Solar Channel SIA (reg. no. 40203393347) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Ķekavas nov., Ķekavas pag., Valdlauči, Izstāžu iela 11.
Financial results
Revenue in 2025 was 127 921 €, down 66,7% on the previous year (384 147 €). From 2022 to 2025, revenue declined by an average of 34,9% per year. This is the company's lowest revenue among the published years (2022–2025). Net profit for 2025 was 706 € (0,6% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 31 980 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (79%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-24 534 €).
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.