Sabiedrība ar ierobežotu atbildību "Sand Systems"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 11 518 | 62 681 | 56 969 | 67 444 | 165 857 | 214 916 | 191 681 | 415 790 | 518 884 | 704 125 | 842 193 | 376 688 | 137 674 |
| Total non-current assets | 10 000 | 108 021 | 101 654 | 91 772 | 87 108 | 200 103 | 457 522 | 608 208 | 618 355 | 614 101 | 601 693 | 486 712 | 388 648 |
| Total assets | 21 518 | 170 702 | 158 623 | 159 216 | 252 965 | 415 019 | 649 203 | 1 023 998 | 1 137 239 | 1 318 226 | 1 443 886 | 863 400 | 526 322 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 13 179 | 46 751 | 31 627 | 52 121 | 157 042 | 107 218 | 218 240 | 449 523 | 559 070 | 838 283 | 1 036 772 | 818 046 | 668 190 |
| Non-current liabilities | 0 | 28 863 | 44 701 | 23 617 | 12 203 | 74 886 | 143 886 | 276 222 | 269 819 | 157 391 | 191 755 | 115 422 | 51 912 |
| Total liabilities | 13 179 | 75 614 | 76 328 | 75 738 | 169 245 | 182 104 | 362 126 | 725 745 | 828 889 | 995 674 | 1 228 527 | 933 468 | 720 102 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6340 | 83 222 | -12 793 | 1184 | 242 | 149 195 | 135 038 | 11 176 | 10 098 | 14 202 | -107 194 | -312 575 | -123 712 |
| Total equity | 8339 | 95 088 | 82 295 | 83 478 | 83 720 | 232 915 | 287 077 | 298 253 | 308 350 | 322 552 | 215 359 | -70 068 | -193 780 |
| Income statement | |||||||||||||
| Sales revenue | 11 450 | 368 152 | 236 939 | 315 288 | 508 522 | 1 048 755 | 1 539 832 | 1 315 361 | 1 796 953 | 2 578 835 | 1 954 233 | 1 142 689 | 733 507 |
| Operating profit | 6732 | 91 980 | -12 793 | 1184 | 242 | 149 195 | 139 937 | 21 315 | 28 801 | 36 960 | -72 296 | -291 262 | -114 825 |
| Profit before income tax | 6732 | 91 980 | -12 793 | 1184 | 242 | 149 195 | 135 167 | 11 538 | 10 098 | 14 202 | -107 194 | -312 575 | -123 712 |
| Profit for the reporting year | 6340 | 83 222 | -12 793 | 1184 | 242 | 149 195 | 135 038 | 11 176 | 10 098 | 14 202 | -107 194 | -312 575 | -123 712 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 1 | 2 | 6 | 7 | 15 | 16 | 25 | 32 | 40 | 49 | 46 | 46 | 24 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 80 876 | 0 | 0 | 0 | 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: Sabiedrība ar ierobežotu atbildību "Sand Systems"
Overview
Sabiedrība ar ierobežotu atbildību "Sand Systems" (reg. no. 43603061977) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Jelgava, Vecais ceļš 39.
Financial results
Revenue in 2025 was 733 507 €, down 35,8% on the previous year (1 142 689 €). From 2013 to 2025, revenue grew by an average of 41,4% per year. 2025 ended with a loss of 123 712 €. The company was profitable in 9 of the 13 published years. In 2025 the company had 24 employees (46 a year earlier). Revenue per employee was 30 563 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-193 780 €).
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.