Sabiedrība ar ierobežotu atbildību "Compete"Active

50003635321Limited liability companyFounded 2003

Key figures

25 048 €+257,2%
Revenue 2025
+2,9%
Average annual growth 2008–2025
010 k20 k30 k40 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
20160 €
2015 ~971 €
20140 €
20130 €
20120 €
20110 €
20100 €
2009 ~660 €
20080 €
Summary of financial statements2008–2025
200820092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets65 05763 48159 27352 31449 14747 29667 06566 03770 51145 89158 59715 103570411 088972910 95819 0259083
Total non-current assets308727532418840150697497400000000084 000
Total assets68 14466 23461 69152 39849 14748 80268 03967 01170 51145 89158 59715 103570411 088972910 95819 02593 083
Balance sheet — liabilities and equity
Current liabilities59 32758 48611865910457510964626565221475035 441040701920100431178957 462
Non-current liabilities0052 54437 31036 01138 43356 11156 11156 11131 21100000000
Total liabilities59 32758 48653 73043 22040 58639 52956 57356 76761 33235 96135 441040701920100431178957 462
Share capital——————————————————
Retained earnings of previous periods——————————————————
Profit for the year5644-4092131217-617712-1728-251-106796913 226-8054-13 4687534460898670918 385
Total equity88177748796191788561927311 46610 2449179993023 15615 10316349168962910 52717 23635 621
Income statement
Sales revenue15 454507873313 81017 076963800235583536 3708180086656771336701325 048
Operating profit5524-3882381314-422241-1745-249161101913 551-7863-13 4167884184948681818 742
Profit before income tax5644-4092131217-617715-1728-251-1017100713 276-8054-13 4187584510948675918 435
Profit for the reporting year5644-4092131217-617712-1728-251-106796913 226-8054-13 4687534460898670918 385
Labour costs——————————————————
Depreciation of non-current assets——————————————————
Other indicators
Employees111111110011111111
Calculated dividend0660000009710000000000

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100%Sabiedrība ar ierobež…Latvijas lācenes4Letinskis Edgars
CompanyPersonShareholderOther roleAdditional link

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Summary: Sabiedrība ar ierobežotu atbildību "Compete"

Overview

Sabiedrība ar ierobežotu atbildību "Compete" (reg. no. 50003635321) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Ormaņu iela 6 - 1B.

Financial results

Revenue in 2025 was 25 048 €, up 257% on the previous year (7013 €). From 2008 to 2025, revenue grew by an average of 2,9% per year. Net profit for 2025 was 18 385 € (73,4% of revenue). The company was profitable in 11 of the 18 published years. In 2025 the company had 1 employees. Revenue per employee was 25 048 €. At the end of 2025, total assets were 93 083 € and equity 35 621 € (38,3% of assets).

Management and owners

The company has one board member. The sole owner of the company is Latvijas lācenes.

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.