SIA Twin PowerActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 31 961 | 23 468 | 83 223 |
| Total non-current assets | 0 | 0 | 5948 |
| Total assets | 31 961 | 23 468 | 89 171 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 26 014 | 18 817 | 71 371 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 26 014 | 18 817 | 71 371 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | -3053 | -1296 | 13 149 |
| Total equity | 5947 | 4651 | 17 800 |
| Income statement | |||
| Sales revenue | 40 703 | 0 | 172 640 |
| Operating profit | -3053 | -1296 | 13 149 |
| Profit before income tax | -3053 | -1296 | 13 149 |
| Profit for the reporting year | -3053 | -1296 | 13 149 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 1 | 1 | 12 |
| Calculated dividend | — | 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 Twin Power
Overview
SIA Twin Power (reg. no. 40203447103) is a limited liability company. The company was registered in 2022 and has been in the register for 3 years. Registered address: Rīga, Čuibes iela 6.
Financial results
Revenue in 2025 was 172 640 €. From 2023 to 2025, revenue grew by an average of 106% per year. Net profit for 2025 was 13 149 € (7,6% of revenue). The company was profitable in 1 of the 3 published years. In 2025 the company had 12 employees (1 a year earlier). Revenue per employee was 14 387 €. At the end of 2025, total assets were 89 171 € and equity 17 800 € (20,0% of assets).
Management and owners
The board has 2 members. The sole owner of the company is a private individual.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.