Sabiedrība ar ierobežotu atbildību "LTEC"Active

44103027508Limited liability companyFounded 2002

Key figures

97 312 €+558,7%
Revenue 2024
+15,5%
Average annual growth 2009–2024
0200 k400 k600 k800 k’09’10’11’13’14’15’16’17’18’19’20’21’22’23’24

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’09’10’11’13’14’15’16’17’18’19’20’21’22’23’24
Summary of financial statements2009–2024
200920102011201320142015201620172018201920202021202220232024
Balance sheet — assets
Total current assets15 71014 94814 63513 94120 4233825318356597529936437 37471 69023 89122 1854446
Total non-current assets17 08214 60215 3551076968441000009215726562625237
Total assets32 79229 55029 99015 01721 3914266318356597529936437 37480 90531 15628 4479683
Balance sheet — liabilities and equity
Current liabilities52432575215060413204062171844401665528018 128905423164271
Non-current liabilities25 38123 14623 97212 95218 08020 68724 53125 0318500640017 40024 80014 93523 42411 124
Total liabilities30 62425 72126 12213 55619 40021 09324 74826 8758901706522 68042 92823 98925 74015 395
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year451661391024-18 761-431134919 844367112 39523 283-30 810-4460-8419
Total equity21683829386810421507-17 254-21 565-21 216-1372229914 69437 97771672707-5712
Income statement
Sales revenue13 01016 67913 552555812 33328372129550022 057790675 311628 66794 39314 77397 312
Operating profit-511176114410171-18 614-431136319 850367112 39530 611-29 886-4334-8415
Profit before income tax-685173914410171-18 614-431136319 850367112 39523 308-30 804-4454-8415
Profit for the reporting year451661391024-18 761-431134919 844367112 39523 283-30 810-4460-8419
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees234332211112414
Calculated dividend—00—00000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%Sabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

Related companies

Companies in which this company is a member

Summary: Sabiedrība ar ierobežotu atbildību "LTEC"

Overview

Sabiedrība ar ierobežotu atbildību "LTEC" (reg. no. 44103027508) is a limited liability company. The company was registered in 2002 and has been in the register for 23 years. Registered address: Gulbenes nov., Gulbene, Līkā iela 17.

Financial results

Revenue in 2024 was 97 312 €, up 559% on the previous year (14 773 €). From 2009 to 2024, revenue grew by an average of 15,5% per year. 2024 ended with a loss of 8419 €. The company was profitable in 10 of the 15 published years. In 2024 the company had 4 employees (1 a year earlier). Revenue per employee was 24 328 €.

Management and owners

The sole owner of the company is Sabiedrība ar ierobežotu atbildību "LTEC". The company holds a stake in one other active Latvian company.

Points to note

Equity was negative at the end of 2024 (-5712 €).

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.