SIA EcoTech TitaniumActive
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 2804 | 98 963 | 1 726 187 | 3 570 420 | 4 463 060 | 8 290 350 | 6 360 681 |
| Total non-current assets | 0 | 781 746 | 1 792 448 | 6 700 396 | 7 530 833 | 5 409 244 | 5 586 181 |
| Total assets | 2804 | 880 709 | 3 518 635 | 10 270 816 | 11 993 893 | 13 699 594 | 11 946 862 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 50 | 23 123 | 327 987 | 1 578 761 | 3 458 399 | 6 364 349 | 4 377 560 |
| Non-current liabilities | 0 | 25 000 | 1 920 447 | 5 238 689 | 5 000 846 | 3 473 140 | 3 263 355 |
| Total liabilities | 50 | 48 123 | 2 248 434 | 6 817 450 | 8 459 245 | 9 837 489 | 7 640 915 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -46 | 29 832 | 288 353 | 2 261 222 | 81 282 | 327 457 | 59 777 |
| Total equity | 2754 | 832 586 | 1 270 201 | 3 453 366 | 3 534 648 | 3 862 105 | 4 305 947 |
| Income statement | |||||||
| Sales revenue | 0 | 0 | 9 093 054 | 14 317 606 | 20 860 425 | 27 289 640 | 18 691 118 |
| Operating profit | -46 | -45 168 | 314 501 | 2 329 961 | 315 553 | 506 380 | 240 831 |
| Profit before income tax | -46 | 29 832 | 307 229 | 2 261 232 | 81 322 | 327 457 | 59 805 |
| Profit for the reporting year | -46 | 29 832 | 288 353 | 2 261 222 | 81 282 | 327 457 | 59 777 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 1 | 3 | 21 | 36 | 45 | 55 | 65 |
| Calculated dividend | — | 0 | 75 000 | 78 057 | 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 EcoTech Titanium
Overview
SIA EcoTech Titanium (reg. no. 42103103201) is a limited liability company. The company was registered in 2019 and has been in the register for 6 years. Registered address: Rīga, Ganību dambis 21.
Financial results
Revenue in 2025 was 18 691 118 €, down 31,5% on the previous year (27 289 640 €). Net profit for 2025 was 59 777 € (0,3% of revenue). The company was profitable in 6 of the 7 published years. In 2025 the company had 65 employees (55 a year earlier). Revenue per employee was 287 556 €. At the end of 2025, total assets were 11 946 862 € and equity 4 305 947 € (36,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is SIA Fortmet.
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.