SIA "Spin"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2023
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 2964 | 9688 | 29 615 | 72 251 | 115 310 | 234 948 | 170 230 | 250 349 | 94 745 | 198 655 | 287 162 | 58 318 |
| Total non-current assets | 10 400 | 8343 | 42 976 | 531 505 | 508 421 | 475 994 | 386 019 | 249 853 | 180 779 | 108 750 | 148 986 | 1802 |
| Total assets | 13 364 | 18 031 | 72 591 | 603 756 | 623 731 | 710 942 | 556 249 | 500 202 | 275 524 | 307 405 | 436 148 | 60 120 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 9504 | 12 181 | 13 402 | 409 302 | 395 755 | 510 295 | 521 509 | 566 412 | 284 779 | 195 063 | 274 588 | 66 158 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9504 | 12 181 | 13 402 | 409 302 | 395 755 | 510 295 | 521 509 | 566 412 | 284 779 | 195 063 | 274 588 | 66 158 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 3857 | 1990 | 47 869 | 135 266 | 30 326 | 2671 | -165 907 | -69 210 | 56 955 | 121 597 | 49 218 | -167 598 |
| Total equity | 3860 | 5850 | 59 189 | 194 454 | 227 976 | 200 647 | 34 740 | -66 210 | -9255 | 112 342 | 161 560 | -6038 |
| Income statement | ||||||||||||
| Sales revenue | 23 244 | 33 642 | 230 615 | 709 701 | 1 130 495 | 983 700 | 312 360 | 454 765 | 441 625 | 833 985 | 1 037 961 | 103 587 |
| Operating profit | 3857 | 1990 | 54 716 | 135 266 | 40 100 | 28 507 | -165 461 | -46 213 | 57 251 | 122 878 | 50 229 | -167 056 |
| Profit before income tax | 3857 | 1990 | 54 716 | 135 266 | 40 100 | 5216 | -165 527 | -69 208 | 56 955 | 121 780 | 49 218 | -167 565 |
| Profit for the reporting year | 3857 | 1990 | 47 869 | 135 266 | 30 326 | 2671 | -165 907 | -69 210 | 56 955 | 121 597 | 49 218 | -167 598 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 3 | 11 | 12 | 17 | 14 | 14 | 17 | 13 | 13 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 30 000 | 0 | 31 740 | 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 "Spin"
Overview
SIA "Spin" (reg. no. 50103561921) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Upesgrīvas iela 16.
Financial results
Revenue in 2023 was 103 587 €, down 90,0% on the previous year (1 037 961 €). From 2012 to 2023, revenue grew by an average of 14,6% per year. 2023 ended with a loss of 167 598 €. The company was profitable in 9 of the 12 published years. In 2023 the company had 7 employees (13 a year earlier). Revenue per employee was 14 798 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2023 (-6038 €). 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.