SIA "SPEED CARGO"Active

45403031338Limited liability companyFounded 2011

Key figures

38 713 €+156,6%
Revenue 2025
-10,0%
Average annual change 2012–2025
0250 k500 k750 k1 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets28 59678 145125 190141 861172 517169 561136 915136 130129 016142 39051 442140314 41752 255
Total non-current assets142 336115 038135 203104 698268 665365 029262 547304 003251 360202 31656 03216 58511 67514 652
Total assets170 932193 183260 393246 559441 182534 590399 462440 133380 376344 706107 47417 98826 09266 907
Balance sheet — liabilities and equity
Current liabilities596013 36120 44928 34370 55070 07676 738127 448131 757139 38869 824868176142 311
Non-current liabilities174 360154 050197 915182 560339 527463 367330 646350 717300 351227 11337 32325007830
Total liabilities180 320167 411218 364210 903410 077533 443407 384478 165432 108366 501107 1473368254442 311
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-11 38835 1605360-6373-4549-29 958-9069-30 110-13 70029 93722 12214 29389291114
Total equity-938825 77242 02935 65631 1051147-7922-38 032-51 732-21 79532714 62023 54824 596
Income statement
Sales revenue153 055331 875427 931602 414703 780799 528819 939698 393672 083749 046779 352470515 08538 713
Operating profit-11 38837 1727815-46592901-23 247-374-21 619-560435 34125 50014 29389291114
Profit before income tax-11 38835 1605360-6373-4549-29 958-9019-30 110-13 70029 93722 12214 29389291114
Profit for the reporting year-11 38835 1605360-6373-4549-29 958-9069-30 110-13 70029 93722 12214 29389291114
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees711101113151515131312213
Calculated dividend—0000000000000

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%SIA "SPEED CARGO"Dzenis Ivars
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "SPEED CARGO"

Overview

SIA "SPEED CARGO" (reg. no. 45403031338) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Madonas nov., Aronas pag., Kusa, Vītolu iela 2 - 21.

Financial results

Revenue in 2025 was 38 713 €, up 157% on the previous year (15 085 €). From 2012 to 2025, revenue declined by an average of 10,0% per year. Net profit for 2025 was 1114 € (2,9% of revenue). The company was profitable in 7 of the 14 published years. In 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 12 904 €. At the end of 2025, total assets were 66 907 € and equity 24 596 € (36,8% of assets).

Management and owners

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

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.