SIA "INERCE"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 127 667 € (11% 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 statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 690 992 | 683 497 | 956 257 | 917 922 | 859 926 | 967 136 | 922 838 | 665 677 | 608 863 | 532 345 |
| Total non-current assets | 707 640 | 741 000 | 718 522 | 607 105 | 491 013 | 363 957 | 286 657 | 803 804 | 921 462 | 780 540 |
| Total assets | 1 398 632 | 1 424 497 | 1 674 779 | 1 525 027 | 1 350 939 | 1 331 093 | 1 209 495 | 1 469 481 | 1 530 325 | 1 312 885 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 248 995 | 345 397 | 594 471 | 708 827 | 523 423 | 492 352 | 365 553 | 556 806 | 352 984 | 119 252 |
| Non-current liabilities | 421 522 | 337 550 | 355 655 | 203 117 | 187 808 | 165 336 | 156 000 | 156 000 | 0 | 189 161 |
| Total liabilities | 670 517 | 682 947 | 950 126 | 911 944 | 711 231 | 657 688 | 521 553 | 712 806 | 352 984 | 308 413 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -49 048 | 13 434 | -16 896 | -111 570 | 26 625 | 33 698 | 14 537 | -445 886 | 64 380 | -45 202 |
| Total equity | 728 115 | 741 550 | 724 653 | 613 083 | 639 708 | 673 405 | 687 942 | 756 675 | 1 177 341 | 1 004 472 |
| Income statement | ||||||||||
| Sales revenue | 2 121 014 | 2 749 511 | 1 969 828 | 1 872 525 | 1 389 709 | 1 503 502 | 1 707 402 | 820 077 | 515 701 | 422 853 |
| Operating profit | -28 051 | 45 080 | 9662 | -80 002 | 50 700 | 44 889 | 26 575 | -427 753 | 91 152 | -32 833 |
| Profit before income tax | -49 048 | 23 276 | -16 896 | -111 570 | 26 625 | 33 698 | 14 537 | -445 886 | 64 380 | -45 202 |
| Profit for the reporting year | -49 048 | 13 434 | -16 896 | -111 570 | 26 625 | 33 698 | 14 537 | -445 886 | 64 380 | -45 202 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 74 | 84 | 67 | 52 | 44 | 44 | 42 | 14 | 9 | 9 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 127 667 |
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 "INERCE"
Overview
SIA "INERCE" (reg. no. 49503004775) is a limited liability company. The company was registered in 1993 and has been in the register for 33 years. Registered address: Cēsu nov., Vaives pag., "Inerce".
Financial results
Revenue in 2025 was 422 853 €, down 18,0% on the previous year (515 701 €). From 2016 to 2025, revenue declined by an average of 16,4% per year. This is the company's lowest revenue among the published years (2016–2025). 2025 ended with a loss of 45 202 €. The company was profitable in 5 of the 10 published years. In 2025 the company had 9 employees. Revenue per employee was 46 984 €. At the end of 2025, total assets were 1 312 885 € and equity 1 004 472 € (76,5% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (80%) is held by 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.