SIA Water WorksActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 12 064 | 36 867 | 22 918 | 30 298 |
| Total non-current assets | 7167 | 12 551 | 33 683 | 66 192 |
| Total assets | 19 231 | 49 418 | 56 601 | 96 490 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 0 | 0 | 0 | 0 |
| Non-current liabilities | 4111 | 16 172 | 18 419 | 55 279 |
| Total liabilities | 4111 | 16 172 | 18 419 | 55 279 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 12 320 | 18 126 | 4936 | 3029 |
| Total equity | 15 120 | 33 246 | 38 182 | 41 211 |
| Income statement | ||||
| Sales revenue | 48 953 | 133 234 | 138 964 | 170 317 |
| Operating profit | 12 320 | 18 126 | 4936 | 3029 |
| EBITDA | 12 320 | 18 126 | 4936 | 3029 |
| Profit before income tax | 12 320 | 18 126 | 4936 | 3029 |
| Profit for the reporting year | 12 320 | 18 126 | 4936 | 3029 |
| Labour costs | 5875 | 19 512 | 23 866 | 25 849 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 |
| Other indicators | ||||
| Employees | 2 | 3 | 3 | 3 |
| 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 Water Works
Overview
SIA Water Works (reg. no. 40203407204) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Jūrmala, Gulbju iela 24B.
Financial results
Revenue in 2025 was 170 317 €, up 22,6% on the previous year (138 964 €). From 2022 to 2025, revenue grew by an average of 51,5% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 3029 € (1,8% of revenue). The company was profitable in all 4 published years. In 2025 the company had 3 employees. Revenue per employee was 56 772 €. At the end of 2025, total assets were 96 490 € and equity 41 211 € (42,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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.