SIA "PowerHouse Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 62 501 € (85% 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).
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 32 481 | 95 448 | 108 102 |
| Total non-current assets | 18 590 | 9007 | 17 046 |
| Total assets | 51 071 | 104 455 | 125 148 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 4197 | 30 519 | 51 705 |
| Non-current liabilities | 0 | 0 | 0 |
| Total liabilities | 4197 | 30 519 | 51 705 |
| Share capital | — | — | — |
| Retained earnings of previous periods | — | — | — |
| Profit for the year | 45 474 | 70 662 | 62 008 |
| Total equity | 46 874 | 73 936 | 73 443 |
| Income statement | |||
| Sales revenue | 166 128 | 275 160 | 436 797 |
| Operating profit | 45 474 | 70 667 | 63 187 |
| Profit before income tax | 45 474 | 70 662 | 62 008 |
| Profit for the reporting year | 45 474 | 70 662 | 62 008 |
| Labour costs | — | — | — |
| Depreciation of non-current assets | — | — | — |
| Other indicators | |||
| Employees | 3 | 3 | 3 |
| Calculated dividend | — | 43 600 | 62 501 |
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 "PowerHouse Latvia"
Overview
SIA "PowerHouse Latvia" (reg. no. 40203483068) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Rīga, Roberta Hirša iela 1.
Financial results
Revenue in 2025 was 436 797 €, up 58,7% on the previous year (275 160 €). From 2023 to 2025, revenue grew by an average of 62,2% per year. Net profit for 2025 was 62 008 € (14,2% of revenue). The company was profitable in all 3 published years. In 2025 the company had 3 employees. Revenue per employee was 145 599 €. At the end of 2025, total assets were 125 148 € and equity 73 443 € (58,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.