SIA "PPL Connect"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 16 306 | 78 783 | 46 383 | 210 635 | 531 345 |
| Total non-current assets | 3958 | 2474 | 1765 | 1422 | 66 628 |
| Total assets | 20 264 | 81 257 | 48 148 | 212 057 | 597 973 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 91 731 | 104 571 | 110 082 | 200 774 | 289 613 |
| Non-current liabilities | 19 159 | 62 600 | 10 000 | 56 029 | 63 500 |
| Total liabilities | 110 890 | 167 171 | 120 082 | 256 803 | 353 113 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -93 426 | 4712 | 13 980 | 27 188 | 280 880 |
| Total equity | -90 626 | -85 914 | -71 934 | -44 746 | 244 860 |
| Income statement | |||||
| Sales revenue | 412 265 | 451 342 | 690 476 | 2 068 292 | 3 297 010 |
| Operating profit | -93 267 | 7155 | 16 329 | 28 977 | 282 271 |
| Profit before income tax | -93 426 | 4712 | 13 980 | 27 188 | 281 161 |
| Profit for the reporting year | -93 426 | 4712 | 13 980 | 27 188 | 280 880 |
| Labour costs | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 17 | 10 | 19 | 49 | 65 |
| Calculated dividend | — | 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 "PPL Connect"
Overview
SIA "PPL Connect" (reg. no. 41203068793) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Krišjāņa Barona iela 130 k-2.
Financial results
Revenue in 2024 was 3 297 010 €, up 59,4% on the previous year (2 068 292 €). From 2020 to 2024, revenue grew by an average of 68,2% per year. This is the company's highest revenue among the published years (2020–2024). Net profit for 2024 was 280 880 € (8,5% of revenue). The company was profitable in 4 of the 5 published years. In 2024 the company had 65 employees (49 a year earlier). Revenue per employee was 50 723 €. At the end of 2024, total assets were 597 973 € and equity 244 860 € (40,9% 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.