SIA "OTARD"Active

42103105838Limited liability companyFounded 2020

Key figures

28 029 €+1140,2%
Revenue 2025
+52,2%
Average annual growth 2020–2025
010 k20 k30 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 k10 k202020212022202320242025
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets1501501511702219017
Total non-current assets000000
Total assets1501501511702219017
Balance sheet — liabilities and equity
Current liabilities255935404914612165195211
Non-current liabilities000000
Total liabilities255935404914612165195211
Share capital——————
Retained earnings of previous periods——————
Profit for the year-2423-981-1373-1189-34710 104
Total equity-2409-3390-4763-5951-62983806
Income statement
Sales revenue34279525611463226028 029
Operating profit-2423-926-1261-1189-29710 104
Profit before income tax-2423-931-1373-1189-29710 104
Profit for the reporting year-2423-981-1373-1189-34710 104
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees110001
Calculated dividend—00000

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100%SIA "OTARD"2Meržvinskis Rihards
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Summary: SIA "OTARD"

Overview

SIA "OTARD" (reg. no. 42103105838) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Stabu iela 81 - 29.

Financial results

Revenue in 2025 was 28 029 €, up 1140% on the previous year (2260 €). From 2020 to 2025, revenue grew by an average of 52,2% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 10 104 € (36,0% of revenue). The company was profitable in 1 of the 6 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 28 029 €. At the end of 2025, total assets were 9017 € and equity 3806 € (42,2% 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.