SIA "Terraform"Active

40203475802Limited liability companyFounded 2023

Key figures

134 971 €+3,0%
Revenue 2025
+35,2%
Average annual growth 2023–2025
050 k100 k150 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k202320242025

Dividends

calculated
2025

Paid out in dividends approximately 37 500 € (22% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~37 500 €
20240 €
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets70 933141 085208 673
Total non-current assets034 14628 318
Total assets70 933175 231236 991
Balance sheet — liabilities and equity
Current liabilities12731536406
Non-current liabilities000
Total liabilities12731536406
Share capital———
Retained earnings of previous periods———
Profit for the year66 860104 035100 390
Total equity69 660173 695236 585
Income statement
Sales revenue73 840131 040134 971
Operating profit66 860103 252100 003
Profit before income tax66 860104 035100 390
Profit for the reporting year66 860104 035100 390
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees122
Calculated dividend—037 500

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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100%SIA "Terraform"1Engelharts Mārtiņš
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Summary: SIA "Terraform"

Overview

SIA "Terraform" (reg. no. 40203475802) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Dienvidkurzemes nov., Nīcas pag., Jūrmalciems, "Nīmaņi".

Financial results

Revenue in 2025 was 134 971 €, up 3,0% on the previous year (131 040 €). From 2023 to 2025, revenue grew by an average of 35,2% per year. Net profit for 2025 was 100 390 € (74,4% of revenue). The company was profitable in all 3 published years. In 2025 the company had 2 employees. Revenue per employee was 67 486 €. At the end of 2025, total assets were 236 991 € and equity 236 585 € (99,8% of assets).

Management and owners

The company has one board member. 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.