Sabiedrība ar ierobežotu atbildību "North Technology Group"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2023
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 9954 | 17 717 | 26 694 | 39 250 | 51 172 | 55 587 | 97 770 | 104 015 | 228 929 | 268 555 | 419 228 | 213 241 | 149 090 |
| Total non-current assets | 0 | 153 | 1713 | 1961 | 0 | 659 | 15 662 | 9015 | 22 914 | 27 382 | 15 717 | 1409 | 0 |
| Total assets | 9954 | 17 870 | 28 407 | 41 211 | 51 172 | 56 246 | 113 432 | 113 030 | 251 843 | 295 937 | 434 945 | 214 650 | 149 090 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 14 491 | 22 147 | 24 423 | 30 112 | 35 237 | 0 | 39 077 | 52 015 | 91 600 | 44 434 | 36 681 | 63 312 | 63 806 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 29 280 | 16 714 | 3963 | 51 974 | 45 367 | 72 324 | 45 003 | 36 992 |
| Total liabilities | 14 491 | 22 147 | 24 423 | 30 112 | 35 237 | 29 280 | 55 791 | 55 978 | 143 574 | 89 801 | 109 005 | 108 315 | 100 798 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4538 | 260 | 8260 | 5431 | 4835 | 11 031 | 37 718 | 1256 | 51 217 | 97 867 | 119 804 | -219 605 | -58 043 |
| Total equity | -4537 | -4277 | 3984 | 11 099 | 15 935 | 26 966 | 55 796 | 57 052 | 108 269 | 206 136 | 325 940 | 106 335 | 48 292 |
| Income statement | |||||||||||||
| Sales revenue | 11 129 | 26 498 | 100 853 | 140 820 | 155 758 | 320 637 | 411 338 | 406 125 | 375 001 | 515 401 | 680 512 | 735 277 | 392 715 |
| Operating profit | -4538 | 468 | 8900 | 6392 | 5861 | 12 902 | 44 855 | 1592 | 53 194 | 101 829 | 124 738 | -215 578 | -57 984 |
| Profit before income tax | -4538 | 260 | 8900 | 6392 | 5861 | 12 902 | 44 734 | 1256 | 51 217 | 97 867 | 119 804 | -219 605 | -58 043 |
| Profit for the reporting year | -4538 | 260 | 8260 | 5431 | 4835 | 11 031 | 37 718 | 1256 | 51 217 | 97 867 | 119 804 | -219 605 | -58 043 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 2 | 2 | 2 | 3 | 4 | 4 | 5 | 6 | 7 | 7 | 8 | 6 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 8888 | 0 | 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: Sabiedrība ar ierobežotu atbildību "North Technology Group"
Overview
Sabiedrība ar ierobežotu atbildību "North Technology Group" (reg. no. 50103418631) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Tallinas iela 86 - 52.
Financial results
Revenue in 2023 was 392 715 €, down 46,6% on the previous year (735 277 €). From 2011 to 2023, revenue grew by an average of 34,6% per year. 2023 ended with a loss of 58 043 €. The company was profitable in 10 of the 13 published years. In 2023 the company had 5 employees (6 a year earlier). Revenue per employee was 78 543 €. At the end of 2023, total assets were 149 090 € and equity 48 292 € (32,4% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.