SIA "APPS Europe"Active

42103086772Limited liability companyFounded 2018

Key figures

91 642 €-60,3%
Revenue 2025
-12,0%
Average annual change 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets59 357106 74677 929121 62385 14180 16945 716
Total non-current assets1214946513 62217 10713 43294184605
Total assets60 571116 21191 551138 73098 57389 58750 321
Balance sheet — liabilities and equity
Current liabilities52 53267 32972 119102 73364 400112 90399 060
Non-current liabilities0000000
Total liabilities52 53267 32972 119102 73364 400112 90399 060
Share capital———————
Retained earnings of previous periods———————
Profit for the year793940 843-29 45016 565-1824-57 489-25 424
Total equity803948 88219 43235 99734 173-23 316-48 739
Income statement
Sales revenue196 685384 670206 023273 560121 877230 82291 642
Operating profit830941 358-29 30116 974-960-57 246-25 309
Profit before income tax823441 095-29 30116 974-960-57 246-25 309
Profit for the reporting year793940 843-29 45016 565-1824-57 489-25 424
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees3443332
Calculated dividend—000000

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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45%35%20%SIA "APPS Europe"1Cinovskis SigmārsKronbergs Ģirts
CompanyPersonShareholderOther roleAdditional link

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Companies in which this company is a member

Summary: SIA "APPS Europe"

Overview

SIA "APPS Europe" (reg. no. 42103086772) is a limited liability company. The company was registered in 2018 and has been in the register for 7 years. Registered address: Rīga, Ilūkstes iela 101 - 133.

Financial results

Revenue in 2025 was 91 642 €, down 60,3% on the previous year (230 822 €). From 2019 to 2025, revenue declined by an average of 12,0% per year. This is the company's lowest revenue among the published years (2019–2025). 2025 ended with a loss of 25 424 €. The company was profitable in 3 of the 7 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 45 821 €.

Management and owners

The company has one board member. According to the register, the company has 3 owners. The largest stake (45%) is held by a private individual. The company holds a stake in one other active Latvian company.

Points to note

Equity was negative at the end of 2025 (-48 739 €).

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.