Sabiedrība ar ierobežotu atbildību "Electrify"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 50 000 € (7% 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).
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 571 588 | 1 308 358 | 2 841 414 | 4 162 486 | 5 481 273 | 8 173 940 |
| Total non-current assets | 0 | 37 442 | 66 033 | 119 683 | 248 001 | 660 841 |
| Total assets | 1 571 588 | 1 345 800 | 2 907 447 | 4 282 169 | 5 729 274 | 8 834 781 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 1 201 572 | 390 413 | 650 749 | 1 986 092 | 2 134 270 | 3 896 800 |
| Non-current liabilities | 0 | 56 259 | 1 369 525 | 1 248 910 | 2 835 319 | 3 225 258 |
| Total liabilities | 1 201 572 | 446 672 | 2 020 274 | 3 235 002 | 4 969 589 | 7 122 058 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | 367 016 | 529 112 | 109 545 | 159 994 | 731 909 | 1 003 038 |
| Total equity | 370 016 | 899 128 | 887 173 | 1 047 167 | 759 685 | 1 712 723 |
| Income statement | ||||||
| Sales revenue | 952 767 | 1 643 121 | 560 882 | 1 622 861 | 7 561 902 | 8 154 345 |
| Operating profit | 367 325 | 529 356 | 166 761 | 196 624 | 878 808 | 1 357 426 |
| Profit before income tax | 367 016 | 529 112 | 109 727 | 159 994 | 750 073 | 1 013 962 |
| Profit for the reporting year | 367 016 | 529 112 | 109 545 | 159 994 | 731 909 | 1 003 038 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 3 | 5 | 6 | 7 | 13 | 19 |
| Calculated dividend | — | 0 | 121 500 | 0 | 1 019 391 | 50 000 |
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 "Electrify"
Overview
Sabiedrība ar ierobežotu atbildību "Electrify" (reg. no. 44103126791) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Grostonas iela 17 - 20.
Financial results
Revenue in 2025 was 8 154 345 €, up 7,8% on the previous year (7 561 902 €). From 2020 to 2025, revenue grew by an average of 53,6% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for 2025 was 1 003 038 € (12,3% of revenue). The company was profitable in all 6 published years. In 2025 the company had 19 employees (13 a year earlier). Revenue per employee was 429 176 €. At the end of 2025, total assets were 8 834 781 € and equity 1 712 723 € (19,4% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) is held by a private individual. The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.