SIA "Siate"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 97 897 € (69% of equity at the end of the previous year).
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 47 725 | 43 540 | 45 536 | 58 305 | 71 948 | 55 245 | 71 741 | 71 079 | 74 540 | 71 260 | 89 554 | 98 025 | 135 426 | 137 086 | 101 140 | 66 713 |
| Total non-current assets | 80 072 | 73 288 | 71 037 | 64 772 | 115 307 | 93 351 | 73 388 | 58 127 | 44 504 | 35 331 | 30 185 | 27 984 | 22 530 | 76 786 | 58 729 | 40 671 |
| Total assets | 127 797 | 116 828 | 116 573 | 123 077 | 187 255 | 148 596 | 145 129 | 129 206 | 119 044 | 106 591 | 119 739 | 126 009 | 157 956 | 213 872 | 159 869 | 107 384 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 73 771 | 53 757 | 36 415 | 32 162 | 22 498 | 23 279 | 31 809 | 85 183 | 78 960 | 41 978 | 15 446 | 17 860 | 42 554 | 42 882 | 17 060 | 9721 |
| Non-current liabilities | 0 | 0 | 2122 | 2164 | 7574 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 73 771 | 53 757 | 38 537 | 34 326 | 30 072 | 23 279 | 31 809 | 85 183 | 78 960 | 41 978 | 15 446 | 17 860 | 42 554 | 42 882 | 17 060 | 9721 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 11 381 | 8916 | 33 116 | 27 692 | 35 355 | 417 | 23 804 | 13 181 | -3939 | 24 529 | 76 665 | 105 051 | 93 253 | 112 897 | 47 072 | 52 751 |
| Total equity | 54 026 | 63 071 | 72 631 | 83 234 | 153 786 | 125 317 | 113 320 | 44 023 | 40 084 | 64 613 | 104 293 | 108 149 | 115 402 | 170 990 | 142 809 | 97 663 |
| Income statement | ||||||||||||||||
| Sales revenue | 370 071 | 576 588 | 698 767 | 703 039 | 856 686 | 550 378 | 588 831 | 679 555 | 704 574 | 738 294 | 646 827 | 777 993 | 766 312 | 932 466 | 761 733 | 640 661 |
| Operating profit | 14 588 | 11 234 | 42 897 | 33 041 | 42 919 | 3053 | 29 746 | 16 996 | -3939 | 24 542 | 76 665 | 130 359 | 114 753 | 127 224 | 65 898 | 77 251 |
| Profit before income tax | 14 588 | 11 234 | 42 897 | 33 041 | 42 919 | 3053 | 29 746 | 16 996 | -3939 | 24 542 | 76 665 | 130 359 | 114 753 | 127 224 | 65 898 | 77 251 |
| Profit for the reporting year | 11 381 | 8916 | 33 116 | 27 692 | 35 355 | 417 | 23 804 | 13 181 | -3939 | 24 529 | 76 665 | 105 051 | 93 253 | 112 897 | 47 072 | 52 751 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 35 | 46 | 55 | 55 | 55 | 37 | 36 | 36 | 38 | 38 | 36 | 34 | 29 | 31 | 27 | 21 |
| Calculated dividend | 0 | 20 000 | 30 000 | 27 373 | 18 883 | 21 171 | 44 709 | 23 821 | 15 462 | 26 000 | 57 180 | 101 194 | 86 000 | 57 309 | 75 253 | 97 897 |
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 "Siate"
Overview
SIA "Siate" (reg. no. 42103030355) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Liepāja, Riņķu iela 20/22.
Financial results
Revenue in 2025 was 640 661 €, down 15,9% on the previous year (761 733 €). From 2010 to 2025, revenue grew by an average of 3,7% per year. Net profit for 2025 was 52 751 € (8,2% of revenue). The company was profitable in 15 of the 16 published years. In 2025 the company had 21 employees (27 a year earlier). Revenue per employee was 30 508 €. At the end of 2025, total assets were 107 384 € and equity 97 663 € (90,9% 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.