Sabiedrība ar ierobežotu atbildību "ITE GROUP"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 25 800 € (46% 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).
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 3046 | 1237 | 2182 | 2062 | 2409 | 2350 | 17 673 | 23 489 | 29 870 | 30 982 | 5851 | 15 967 |
| Total non-current assets | 0 | 0 | 1232 | 2753 | 3049 | 3704 | 2736 | 16 062 | 29 101 | 56 216 | 55 263 | 101 469 |
| Total assets | 3046 | 1237 | 3414 | 4815 | 5458 | 6054 | 20 409 | 39 551 | 58 971 | 87 198 | 61 114 | 117 436 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 2982 | 1552 | 3393 | 8747 | 9938 | 11 591 | 11 533 | 11 272 | 7078 | 21 131 | 5627 | 18 892 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 504 | 0 | 0 |
| Total liabilities | 2982 | 1552 | 3393 | 8747 | 9938 | 11 591 | 11 533 | 11 272 | 7078 | 38 635 | 5627 | 18 892 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 14 | -379 | 336 | -3953 | -548 | -1057 | 11 663 | 25 479 | 29 614 | 21 169 | 35 924 | 68 857 |
| Total equity | 64 | -315 | 21 | -3932 | -4480 | -5537 | 8876 | 28 279 | 51 893 | 48 563 | 55 487 | 98 544 |
| Income statement | ||||||||||||
| Sales revenue | 9927 | 18 896 | 40 823 | 48 329 | 72 873 | 130 285 | 163 231 | 183 243 | 232 327 | 246 738 | 280 253 | 332 274 |
| Operating profit | 14 | -379 | 336 | -3953 | 492 | -1057 | 12 090 | 27 571 | 32 092 | 29 048 | 45 726 | 76 999 |
| Profit before income tax | 14 | -379 | 336 | -3953 | -112 | -1057 | 11 779 | 26 998 | 31 862 | 27 294 | 43 174 | 76 784 |
| Profit for the reporting year | 14 | -379 | 336 | -3953 | -548 | -1057 | 11 663 | 25 479 | 29 614 | 21 169 | 35 924 | 68 857 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 | 4 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 6076 | 6000 | 24 499 | 29 000 | 25 800 |
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 "ITE GROUP"
Overview
Sabiedrība ar ierobežotu atbildību "ITE GROUP" (reg. no. 43603065485) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Duntes iela 23A.
Financial results
Revenue in 2025 was 332 274 €, up 18,6% on the previous year (280 253 €). From 2014 to 2025, revenue grew by an average of 37,6% per year. This is the company's highest revenue among the published years (2014–2025). Net profit for 2025 was 68 857 € (20,7% of revenue). The company was profitable in 8 of the 12 published years. In 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 66 455 €. At the end of 2025, total assets were 117 436 € and equity 98 544 € (83,9% 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.