SIA "APPLY"Active

44103077477Limited liability companyFounded 2012

Key figures

3 341 960 €+29,6%
Revenue 2025
+58,9%
Average annual growth 2012–2025
01 m2 m3 m4 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
2019 ~252 918 €
20180 €
20170 €
20160 €
2015 ~44 000 €
20140 €
20130 €
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets659525 800125 412371 995359 173476 742474 970463 918391 468311 889361 684423 513584 0901 214 067
Total non-current assets2565354611 08516 532228 532254 987249 936419 240378 490550 674704 437982 2461 193 9191 181 577
Total assets916029 346136 497388 527587 705731 729724 906883 158769 958862 5631 066 1211 405 7591 778 0092 395 644
Balance sheet — liabilities and equity
Current liabilities820519 94589 240113 688112 911369 934319 201405 678184 590249 525327 081458 041442 960483 455
Non-current liabilities0000162 17614 1170176 000195 156160 289154 000154 000154 000289 000
Total liabilities820519 94589 240113 688275 087384 051319 201581 678379 746409 814481 081612 041596 960772 455
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-1045844633 879271 58237 77935 060-38 580148 69388 73262 537132 291208 678387 331442 140
Total equity955940147 257274 839312 618347 678405 705301 480390 212452 749585 040793 7181 181 0491 623 189
Income statement
Sales revenue814166 770429 864909 1231 091 339921 9871 207 9721 340 8081 435 4791 289 9851 612 5632 147 9782 578 6853 341 960
Operating profit-31214 49539 496284 35745 36744 747-37 133148 77988 73263 788134 953211 667400 599451 072
Profit before income tax-31214 49539 496284 40544 21641 917-38 580148 77988 73263 788132 602209 084390 456442 291
Profit for the reporting year-1045844633 879271 58237 77935 060-38 580148 69388 73262 537132 291208 678387 331442 140
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees35102234323435322826313442
Calculated dividend—0044 000000252 918000000

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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37,51%24,99%18,75%18,75%100%100%33,33%2,19%39,4%SIA "APPLY"4Jakubovičs AgnisSIA AJ Power Holding3Jakubovičs Valts1Gudonis KārlisSIA "Aitomic"SIA "GLASScon"SIA "AKA Sinapse"SIA "AIM Systems"
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "APPLY"

Overview

SIA "APPLY" (reg. no. 44103077477) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Ieriķu iela 5.

Financial results

Revenue in 2025 was 3 341 960 €, up 29,6% on the previous year (2 578 685 €). From 2012 to 2025, revenue grew by an average of 58,9% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 442 140 € (13,2% of revenue). The company was profitable in 12 of the 14 published years. In 2025 the company had 42 employees (34 a year earlier). Revenue per employee was 79 570 €. At the end of 2025, total assets were 2 395 644 € and equity 1 623 189 € (67,8% of assets).

Management and owners

The board has 2 members. According to the register, the company has 4 owners. The largest stake (37,5%) is held by a private individual. The company holds stakes in 4 active Latvian companies.

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.