SIA "InnovateIT Solutions"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2025
| 2025 | |
|---|---|
| Balance sheet — assets | |
| Total current assets | 208 431 |
| Total non-current assets | 14 275 |
| Total assets | 222 706 |
| Balance sheet — liabilities and equity | |
| Current liabilities | 62 346 |
| Non-current liabilities | 0 |
| Total liabilities | 62 346 |
| Share capital | — |
| Retained earnings of previous periods | — |
| Profit for the year | 157 560 |
| Total equity | 160 360 |
| Income statement | |
| Sales revenue | 1 062 182 |
| Operating profit | 173 660 |
| Profit before income tax | 170 536 |
| Profit for the reporting year | 157 560 |
| Labour costs | — |
| Depreciation of non-current assets | — |
| Other indicators | |
| Employees | 7 |
| Calculated dividend | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "InnovateIT Solutions"
Overview
SIA "InnovateIT Solutions" (reg. no. 40203572169) is a limited liability company. The company was registered in 2024 and has been in the register for 2 years. Registered address: Rīga, Baznīcas iela 31 - 14.
Financial results
Revenue in 2025 was 1 062 182 €. Net profit for 2025 was 157 560 € (14,8% of revenue). In 2025 the company had 7 employees. Revenue per employee was 151 740 €. At the end of 2025, total assets were 222 706 € and equity 160 360 € (72,0% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (82%) 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.