SIA LV SystemsActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 32 387 € (57% 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 statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 59 873 | 119 218 | 154 653 | 135 693 | 177 223 | 169 267 | 162 785 | 143 611 | 121 322 | 193 920 | 109 975 | 135 437 |
| Total non-current assets | 1095 | 2614 | 11 187 | 12 859 | 6237 | 5998 | 2819 | 6044 | 2845 | 1063 | 246 | 6846 |
| Total assets | 60 968 | 121 832 | 165 840 | 148 552 | 183 460 | 175 265 | 165 604 | 149 655 | 124 167 | 194 983 | 110 221 | 142 283 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 27 183 | 50 380 | 62 789 | 51 196 | 65 973 | 71 862 | 63 805 | 61 629 | 48 237 | 101 792 | 53 698 | 64 715 |
| Non-current liabilities | 13 500 | 13 500 | 9450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 40 683 | 63 880 | 72 239 | 51 196 | 65 973 | 71 862 | 63 805 | 61 629 | 48 237 | 101 792 | 53 698 | 64 715 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 18 285 | 54 947 | 90 595 | 81 955 | 86 353 | 48 358 | 60 849 | 62 212 | 31 820 | 66 942 | 12 923 | 53 432 |
| Total equity | 20 285 | 57 952 | 93 601 | 97 356 | 117 487 | 103 403 | 101 799 | 88 026 | 75 930 | 93 191 | 56 523 | 77 568 |
| Income statement | ||||||||||||
| Sales revenue | 156 285 | 476 539 | 729 033 | 757 370 | 875 001 | 762 132 | 753 345 | 788 325 | 778 335 | 805 192 | 514 900 | 531 558 |
| Operating profit | 21 421 | 64 590 | 106 105 | 96 662 | 86 471 | 57 192 | 76 565 | 81 227 | 42 784 | 79 398 | 25 343 | 61 529 |
| Profit before income tax | 21 421 | 64 463 | 106 031 | 96 609 | 86 353 | 57 146 | 76 462 | 81 209 | 42 799 | 79 362 | 25 321 | 61 529 |
| Profit for the reporting year | 18 285 | 54 947 | 90 595 | 81 955 | 86 353 | 48 358 | 60 849 | 62 212 | 31 820 | 66 942 | 12 923 | 53 432 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 17 280 | 54 946 | 78 200 | 66 222 | 62 442 | 62 453 | 75 985 | 43 916 | 49 681 | 49 591 | 32 387 |
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 LV Systems
Overview
SIA LV Systems (reg. no. 50103777341) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Margrietas iela 7.
Financial results
Revenue in 2025 was 531 558 €, up 3,2% on the previous year (514 900 €). From 2014 to 2025, revenue grew by an average of 11,8% per year. Net profit for 2025 was 53 432 € (10,1% of revenue). The company was profitable in all 12 published years. In 2025 the company had 3 employees. Revenue per employee was 177 186 €. At the end of 2025, total assets were 142 283 € and equity 77 568 € (54,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.