Sabiedrība ar ierobežotu atbildību "NOREL IT"Active

44103026269Limited liability companyFounded 2002

Key figures

269 097 €+13,2%
Revenue 2025
-0,1%
Average annual change 2011–2025
0200 k400 k600 k800 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 14 907 € (43% 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 ~14 907 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
20110 €
Summary of financial statements2011–2025
20212022202320242025
Sales revenue297 730249 677232 391237 707269 097
Profit for the reporting year4655-12 800-783013752462
Retained earnings of previous periods—————
Total assets97 28384 33878 43679 69970 239
Total liabilities43 55943 41545 34345 23148 216
Total equity53 72240 92133 09134 46622 021
Employees85444
Calculated dividend000014 907

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 "NOREL IT"

Overview

Sabiedrība ar ierobežotu atbildību "NOREL IT" (reg. no. 44103026269) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Valmieras nov., Valmiera, Jāņa Endzelīna iela 1.

Financial results

Revenue in 2025 was 269 097 €, up 13,2% on the previous year (237 707 €). Net profit for 2025 was 2462 € (0,9% of revenue). The company was profitable in 11 of the 15 published years. In 2025 the company had 4 employees. Revenue per employee was 67 274 €. At the end of 2025, total assets were 70 239 € and equity 22 021 € (31,4% 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.