SIA Netaman Shipyard RigaActive

40203400367Limited liability companyFounded 2022

Key figures

15 136 196 €+3,7%
Revenue 2025
+30,2%
Average annual growth 2022–2025
05 m10 m15 m20 m2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m6 m2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets3 016 5072 438 5494 299 0123 899 740
Total non-current assets211 592411 031380 517370 202
Total assets3 228 0992 849 5804 679 5294 269 942
Balance sheet — liabilities and equity
Current liabilities2 011 7122 501 6472 771 0491 307 911
Non-current liabilities0000
Total liabilities2 011 7122 501 6472 771 0491 307 911
Share capital————
Retained earnings of previous periods————
Profit for the year1 213 387-868 4541 560 5471 053 551
Total equity1 216 387347 9331 908 4802 962 031
Income statement
Sales revenue6 855 89012 040 24414 595 10315 136 196
Operating profit1 213 387-866 3671 560 5591 055 687
EBITDA1 213 387-866 3671 560 5591 055 687
Profit before income tax1 213 387-866 3671 560 5591 055 687
Profit for the reporting year1 213 387-868 4541 560 5471 053 551
Labour costs260 190823 2901 249 3301 208 793
Depreciation of non-current assets0000
Other indicators
Employees4097123133
Calculated dividend—000

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100%SIA Netaman Shipyard …Progressum OÜ6Aleksandrov Alexey
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA Netaman Shipyard Riga

Overview

SIA Netaman Shipyard Riga (reg. no. 40203400367) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Gāles iela 2.

Financial results

Revenue in 2025 was 15 136 196 €, up 3,7% on the previous year (14 595 103 €). From 2022 to 2025, revenue grew by an average of 30,2% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 1 053 551 € (7,0% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 133 employees (123 a year earlier). Revenue per employee was 113 806 €. At the end of 2025, total assets were 4 269 942 € and equity 2 962 031 € (69,4% of assets).

Management and owners

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

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.