SIA Innovations Team HoldingActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Balance sheet — assets | ||
| Total current assets | 47 683 | 56 032 |
| Total non-current assets | 496 520 | 547 230 |
| Total assets | 544 203 | 603 262 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 26 275 | 1029 |
| Non-current liabilities | 0 | 25 000 |
| Total liabilities | 26 275 | 26 029 |
| Share capital | — | — |
| Retained earnings of previous periods | — | — |
| Profit for the year | 515 128 | 59 305 |
| Total equity | 517 928 | 577 233 |
| Income statement | ||
| Sales revenue | 575 000 | 25 000 |
| Operating profit | 515 128 | 16 851 |
| EBITDA | 515 128 | — |
| Profit before income tax | 515 128 | 59 305 |
| Profit for the reporting year | 515 128 | 59 305 |
| Labour costs | 9656 | — |
| Depreciation of non-current assets | 0 | — |
| Other indicators | ||
| Employees | 1 | 1 |
| Calculated dividend | — | 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 Innovations Team Holding
Overview
SIA Innovations Team Holding (reg. no. 40203523939) is a limited liability company. The company was registered in 2023 and has been in the register for 2 years. Registered address: Rīga, Elizabetes iela 22 - 42.
Financial results
Revenue in 2025 was 25 000 €, down 95,7% on the previous year (575 000 €). Net profit for 2025 was 59 305 € (237% of revenue). In 2025 the company had 1 employees. Revenue per employee was 25 000 €. At the end of 2025, total assets were 603 262 € and equity 577 233 € (95,7% of assets).
Management and owners
The company has one board member. 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.