SIA "Security-Shields"Active

44103121417Limited liability companyFounded 2019

Key figures

375 294 €-20,7%
Revenue 2025
+10,2%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets86 25361 43861 31652 29151 24148 01752 983
Total non-current assets168037 40432 656057 13745 10833 079
Total assets87 93398 84293 97252 291108 37893 12586 062
Balance sheet — liabilities and equity
Current liabilities59 45038 04828 11264 483151 48488 76567 290
Non-current liabilities1900000078 78378 783
Total liabilities61 35038 04828 11264 483151 484167 548146 073
Share capital———————
Retained earnings of previous periods———————
Profit for the year24 58334 2115066-78 052-30 914-31 31714 412
Total equity26 58360 79465 860-12 192-43 106-74 423-60 011
Income statement
Sales revenue209 043665 791519 828481 359527 714473 285375 294
Operating profit24 58334 2115066-77 309-30 750-31 31714 415
Profit before income tax24 58334 2115066-77 309-30 750-31 31714 415
Profit for the reporting year24 58334 2115066-78 052-30 914-31 31714 412
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees29726256544636
Calculated dividend—000000

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100%SIA "Security-Shields"1Varnelis Mareks
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Security-Shields"

Overview

SIA "Security-Shields" (reg. no. 44103121417) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Anniņmuižas bulvāris 41 - 101.

Financial results

Revenue in 2025 was 375 294 €, down 20,7% on the previous year (473 285 €). From 2019 to 2025, revenue grew by an average of 10,2% per year. Net profit for 2025 was 14 412 € (3,8% of revenue). The company was profitable in 4 of the 7 published years. In 2025 the company had 36 employees (46 a year earlier). Revenue per employee was 10 425 €.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-60 011 €).

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.