SIA "CODELEX"Active

42103088167Limited liability companyFounded 2019

Key figures

283 190 €-46,9%
Revenue 2025
+71,8%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m2019202020212022202320242025

Dividends

calculated
2025

Paid out in dividends approximately 44 151 € (8% 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).

History
2025 ~44 151 €
2024 ~41 500 €
2023 ~37 760 €
20220 €
20210 €
20200 €
Summary of financial statements2019–2025
20212022202320242025
Sales revenue160 393466 468621 230533 481283 190
Profit for the reporting year51 53696 421193 298280 389270 407
Retained earnings of previous periods—————
Total assets55 058154 787318 959542 892767 309
Total liabilities763710 94519 57946232784
Total equity47 421143 842299 380538 269764 525
Employees23751
Calculated dividend0037 76041 50044 151

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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100%SIA "CODELEX"3Artemjevs Sandris
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "CODELEX"

Overview

SIA "CODELEX" (reg. no. 42103088167) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Ādažu nov., Ādažu pag., Kadaga, "Kadaga 10" - 27.

Financial results

Revenue in 2025 was 283 190 €, down 46,9% on the previous year (533 481 €). From 2019 to 2025, revenue grew by an average of 71,8% per year. Net profit for 2025 was 270 407 € (95,5% of revenue). The company was profitable in 5 of the 7 published years. In 2025 the company had 1 employees (5 a year earlier). Revenue per employee was 283 190 €. At the end of 2025, total assets were 767 309 € and equity 764 525 € (99,6% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.