SIA "POLITECH"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 265 787 | 347 654 | 360 524 | 225 991 | 408 741 | 482 032 | 477 947 | 500 902 | 418 005 | 652 760 | 635 658 | 763 168 | 808 995 | 914 468 | 863 575 | 1 139 943 | 986 070 |
| Total non-current assets | 88 707 | 62 123 | 35 450 | 96 283 | 68 917 | 98 604 | 66 567 | 64 091 | 59 027 | 127 619 | 145 830 | 131 648 | 300 206 | 259 152 | 231 789 | 244 771 | 642 516 |
| Total assets | 354 494 | 409 777 | 395 974 | 322 274 | 477 658 | 580 636 | 544 514 | 564 993 | 477 032 | 780 379 | 781 488 | 894 816 | 1 109 201 | 1 173 620 | 1 095 364 | 1 384 714 | 1 628 586 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 348 683 | 446 336 | 435 499 | 318 720 | 479 600 | 520 149 | 467 028 | 485 980 | 358 433 | 564 809 | 493 729 | 497 175 | 542 859 | 605 325 | 437 069 | 707 967 | 773 580 |
| Non-current liabilities | 61 441 | 33 516 | 12 626 | 53 035 | 36 112 | 52 208 | 26 787 | 10 137 | 21 584 | 54 615 | 72 627 | 103 506 | 106 341 | 68 130 | 59 957 | 30 737 | 132 422 |
| Total liabilities | 410 124 | 479 852 | 448 125 | 371 755 | 515 712 | 572 357 | 493 815 | 496 117 | 380 017 | 619 424 | 566 356 | 600 681 | 649 200 | 673 455 | 497 026 | 738 704 | 906 002 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -68 012 | -14 445 | 17 924 | 2670 | 11 427 | 12 424 | 24 600 | 17 629 | 28 139 | 63 940 | 54 177 | 79 003 | 165 867 | 57 499 | 98 173 | 47 672 | 76 574 |
| Total equity | -55 630 | -70 075 | -52 151 | -49 481 | -38 054 | 8279 | 50 699 | 68 876 | 97 015 | 160 955 | 215 132 | 294 135 | 460 001 | 500 165 | 598 338 | 646 010 | 722 584 |
| Income statement | |||||||||||||||||
| Sales revenue | 736 595 | 1 179 806 | 1 195 351 | 1 506 129 | 1 431 054 | 1 727 089 | 1 679 560 | 1 839 560 | 1 937 274 | 2 056 140 | 2 136 960 | 2 466 377 | 3 049 231 | 3 494 692 | 3 628 623 | 4 010 452 | 4 049 411 |
| Operating profit | -65 886 | -12 667 | 17 880 | 9359 | 18 095 | 20 718 | 33 397 | 27 015 | 42 638 | 74 515 | 62 490 | 83 819 | 170 493 | 64 120 | 99 668 | 48 847 | 78 097 |
| Profit before income tax | -70 485 | -15 340 | 15 848 | 5464 | 13 057 | 16 409 | 29 344 | 23 583 | 38 951 | 68 536 | 57 717 | 79 003 | 165 867 | 61 833 | 98 173 | 47 672 | 76 574 |
| Profit for the reporting year | -68 012 | -14 445 | 17 924 | 2670 | 11 427 | 12 424 | 24 600 | 17 629 | 28 139 | 63 940 | 54 177 | 79 003 | 165 867 | 57 499 | 98 173 | 47 672 | 76 574 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 6 | 6 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 8 | 10 |
| Calculated dividend | 0 | 34 239 | 22 650 | 29 758 | 21 250 | 2050 | 5169 | 0 | 0 | 0 | 0 | 0 | 0 | 17 335 | 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 "POLITECH"
Overview
SIA "POLITECH" (reg. no. 50003791851) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Rīga, Sergeja Eizenšteina iela 39 - 7.
Financial results
Revenue in 2025 was 4 049 411 €, up 1,0% on the previous year (4 010 452 €). From 2009 to 2025, revenue grew by an average of 11,2% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 76 574 € (1,9% of revenue). The company was profitable in 15 of the 17 published years. In 2025 the company had 10 employees (8 a year earlier). Revenue per employee was 404 941 €. At the end of 2025, total assets were 1 628 586 € and equity 722 584 € (44,4% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (53,6%) 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.