SIA "Tele Textile Latvia"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 69 594 € (13% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 12 740 | 207 430 | 562 215 | 505 426 | 756 541 | 698 116 | 515 365 | 689 479 | 844 596 | 769 137 | 809 552 | 529 660 |
| Total non-current assets | 113 998 | 1 525 653 | 1 189 652 | 1 010 798 | 814 916 | 656 966 | 552 859 | 462 092 | 355 992 | 249 080 | 838 648 | 698 878 |
| Total assets | 126 738 | 1 733 083 | 1 751 867 | 1 516 224 | 1 571 457 | 1 355 082 | 1 068 224 | 1 151 571 | 1 200 588 | 1 018 217 | 1 648 200 | 1 228 538 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 21 828 | 142 255 | 462 513 | 1 299 306 | 846 145 | 395 202 | 1 711 169 | 1 628 632 | 1 584 524 | 314 770 | 297 162 | 409 362 |
| Non-current liabilities | 83 518 | 477 400 | 1 438 166 | 602 625 | 1 325 130 | 1 663 489 | 0 | 0 | 0 | 928 714 | 796 025 | 400 000 |
| Total liabilities | 105 346 | 619 655 | 1 900 679 | 1 901 931 | 2 171 275 | 2 058 691 | 1 711 169 | 1 628 632 | 1 584 524 | 1 243 484 | 1 093 187 | 809 362 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5798 | -30 398 | -317 711 | -236 896 | -214 111 | -103 791 | 60 664 | 165 884 | 93 125 | 158 669 | 84 338 | -66 243 |
| Total equity | 21 392 | 1 113 428 | -148 812 | -385 707 | -599 818 | -703 609 | -642 945 | -477 061 | -383 936 | -225 267 | 555 013 | 419 176 |
| Income statement | ||||||||||||
| Sales revenue | 43 000 | 643 005 | 795 113 | 908 497 | 1 413 561 | 1 381 213 | 1 124 141 | 1 204 409 | 1 400 085 | 1 528 465 | 1 253 799 | 1 063 796 |
| Operating profit | -4206 | -66 088 | -233 353 | -136 728 | -115 016 | -7447 | 151 417 | 249 075 | 166 134 | 241 456 | 174 585 | -9352 |
| Profit before income tax | -5798 | -30 398 | -317 711 | -236 896 | -214 111 | -103 729 | 60 726 | 166 001 | 93 136 | 158 711 | 84 560 | -66 223 |
| Profit for the reporting year | -5798 | -30 398 | -317 711 | -236 896 | -214 111 | -103 791 | 60 664 | 165 884 | 93 125 | 158 669 | 84 338 | -66 243 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 7 | 10 | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Calculated dividend | — | 0 | 944 529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69 594 |
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 "Tele Textile Latvia"
Overview
SIA "Tele Textile Latvia" (reg. no. 42103068550) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Liepāja, Ziemeļu iela 19.
Financial results
Revenue in 2025 was 1 063 796 €, down 15,2% on the previous year (1 253 799 €). From 2014 to 2025, revenue grew by an average of 33,9% per year. 2025 ended with a loss of 66 243 €. The company was profitable in 5 of the 12 published years. In 2025 the company had 12 employees. Revenue per employee was 88 650 €. At the end of 2025, total assets were 1 228 538 € and equity 419 176 € (34,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is Europe Ventures OU.
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.