SIA "Geotech"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 2015 | 7463 | 5672 | 16 407 | 20 410 | 38 169 | 94 984 | 96 382 |
| Total non-current assets | 43 811 | 84 008 | 177 092 | 153 940 | 131 336 | 114 598 | 110 998 | 108 605 |
| Total assets | 45 826 | 91 471 | 182 764 | 170 347 | 151 746 | 152 767 | 205 982 | 204 987 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 8189 | 14 730 | 28 339 | 40 695 | 36 737 | 37 606 | 32 700 | 26 483 |
| Non-current liabilities | 38 826 | 51 201 | 42 892 | 17 475 | 5656 | 0 | 0 | 0 |
| Total liabilities | 47 015 | 65 931 | 71 231 | 58 170 | 42 393 | 37 606 | 32 700 | 26 483 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -1191 | 26 392 | 88 026 | 644 | -2824 | 5808 | 58 121 | 5222 |
| Total equity | -1189 | 25 540 | 111 533 | 112 177 | 109 353 | 115 161 | 173 282 | 178 504 |
| Income statement | ||||||||
| Sales revenue | 3743 | 38 338 | 163 992 | 78 955 | 87 452 | 123 777 | 161 780 | 170 190 |
| Operating profit | -1191 | 26 392 | 88 026 | 644 | -2824 | 5808 | 58 121 | 5222 |
| Profit before income tax | -1191 | 26 392 | 88 026 | 644 | -2824 | 5808 | 58 121 | 5222 |
| Profit for the reporting year | -1191 | 26 392 | 88 026 | 644 | -2824 | 5808 | 58 121 | 5222 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 1 | 2 | 3 | 4 | 3 | 4 | 4 | 5 |
| Calculated dividend | — | 0 | 2033 | 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 "Geotech"
Overview
SIA "Geotech" (reg. no. 45403050606) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Madonas nov., Madona, Saules iela 61F.
Financial results
Revenue in 2025 was 170 190 €, up 5,2% on the previous year (161 780 €). From 2018 to 2025, revenue grew by an average of 72,5% per year. This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 5222 € (3,1% of revenue). The company was profitable in 6 of the 8 published years. In 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 34 038 €. At the end of 2025, total assets were 204 987 € and equity 178 504 € (87,1% 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.