SIA "Polymath"Active
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2018–2023
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 | 7292 | 22 760 | 24 000 | 10 050 | 26 012 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 1 |
| Total assets | 1 | 7292 | 22 760 | 24 000 | 10 050 | 26 013 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 621 | 14 613 | 35 816 | 31 327 | 16 108 | 5050 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 621 | 14 613 | 35 816 | 31 327 | 16 108 | 5050 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -621 | -7321 | -7932 | 3529 | -5338 | 26 012 |
| Total equity | -620 | -7321 | -13 056 | -7327 | -6058 | 20 963 |
| Income statement | ||||||
| Sales revenue | 11 164 | 12 601 | 12 139 | 20 946 | 0 | 31 047 |
| Operating profit | 1064 | -4729 | -5192 | 8892 | -5338 | 26 012 |
| EBITDA | 1064 | -4729 | -5192 | 8892 | -5338 | 26 012 |
| Profit before income tax | 1064 | -4729 | -5192 | 8892 | -5338 | 26 012 |
| Profit for the reporting year | -621 | -7321 | -7932 | 3529 | -5338 | 26 012 |
| Labour costs | 10 080 | 17 280 | 17 280 | 12 000 | 5280 | 0 |
| Depreciation of non-current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Other indicators | ||||||
| Employees | 1 | 2 | 2 | 2 | 1 | 0 |
| Calculated dividend | 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: SIA "Polymath"
Overview
SIA "Polymath" (reg. no. 44103115571) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Valmieras nov., Valmiera, Georga Apiņa iela 21.
Financial results
Revenue in 2023 was 31 047 €. From 2018 to 2023, revenue grew by an average of 22,7% per year. This is the company's highest revenue among the published years (2018–2023). Net profit for 2023 was 26 012 € (83,8% of revenue). The company was profitable in 2 of the 6 published years. According to the report, the company had no employees in 2023. At the end of 2023, total assets were 26 013 € and equity 20 963 € (80,6% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.