SIA "LED Solutions Latvia"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2010–2024
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 1094 | 985 | 997 | 1015 | 1368 | 8054 | 8988 | 9602 | 9992 | 7991 | 11 261 | 12 669 | 21 068 | 26 368 | 32 321 |
| Total non-current assets | 557 | 0 | 0 | 0 | 0 | 11 414 | 13 117 | 21 508 | 25 832 | 20 062 | 15 784 | 22 271 | 16 863 | 14 794 | 5076 |
| Total assets | 1651 | 985 | 997 | 1015 | 1368 | 19 468 | 22 105 | 31 110 | 35 824 | 28 053 | 27 045 | 34 940 | 37 931 | 41 162 | 37 397 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 100 | 0 | 375 | 325 | 21 | 16 326 | 20 086 | 28 708 | 33 356 | 42 146 | 759 | 8764 | 8280 | 45 669 | 40 348 |
| Non-current liabilities | 0 | 100 | 0 | 100 | 583 | 0 | 0 | 0 | 0 | 0 | 31 950 | 31 637 | 34 492 | 0 | 0 |
| Total liabilities | 100 | 100 | 375 | 425 | 604 | 16 326 | 20 086 | 28 708 | 33 356 | 42 146 | 32 709 | 40 401 | 42 772 | 45 669 | 40 348 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -449 | -666 | -263 | -32 | -76 | 2378 | -1123 | 383 | 66 | -16 561 | 1229 | 203 | 620 | 334 | 1556 |
| Total equity | 1551 | 885 | 622 | 590 | 764 | 3142 | 2019 | 2402 | 2468 | -14 093 | -5664 | -5461 | -4841 | -4507 | -2951 |
| Income statement | |||||||||||||||
| Sales revenue | 575 | 0 | 0 | 0 | 0 | 13 303 | 4023 | 20 747 | 14 088 | 15 246 | 20 713 | 15 179 | 61 932 | 315 622 | 165 830 |
| Operating profit | -449 | -666 | -263 | -32 | -76 | 2378 | -1095 | 502 | 271 | -16 406 | 1504 | 575 | 717 | 1587 | 1556 |
| Profit before income tax | -449 | -666 | -263 | -32 | -76 | 2378 | -1123 | 383 | 66 | -16 561 | 1229 | 203 | 620 | 334 | 1556 |
| Profit for the reporting year | -449 | -666 | -263 | -32 | -76 | 2378 | -1123 | 383 | 66 | -16 561 | 1229 | 203 | 620 | 334 | 1556 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 5 | 4 | 5 | 4 | 5 | 13 | 12 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "LED Solutions Latvia"
Overview
SIA "LED Solutions Latvia" (reg. no. 41203035453) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Ventspils, Rūpniecības iela 22.
Financial results
Revenue in 2024 was 165 830 €, down 47,5% on the previous year (315 622 €). From 2010 to 2024, revenue grew by an average of 49,9% per year. Net profit for 2024 was 1556 € (0,9% of revenue). The company was profitable in 8 of the 15 published years. In 2024 the company had 12 employees (13 a year earlier). Revenue per employee was 13 819 €.
Management and owners
The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-2951 €).
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.