SIA "Poly Systems"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (8% 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 | 17 711 | 36 021 | 68 363 | 82 760 | 93 003 | 68 546 | 112 667 | 87 105 | 86 075 | 106 181 | 108 744 | 119 330 |
| Total non-current assets | 788 | 19 044 | 15 640 | 36 952 | 38 461 | 28 265 | 67 858 | 50 894 | 36 696 | 22 314 | 37 483 | 23 021 |
| Total assets | 18 499 | 55 065 | 84 003 | 119 712 | 131 464 | 96 811 | 180 525 | 137 999 | 122 771 | 128 495 | 146 227 | 142 351 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 0 | 930 | 21 701 | 33 981 | 18 563 | 26 867 | 25 069 | 25 442 | 53 927 | 29 322 | 20 952 | 73 594 |
| Non-current liabilities | 6423 | 15 012 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 6423 | 15 942 | 21 701 | 33 981 | 18 563 | 26 867 | 25 069 | 25 442 | 53 927 | 29 322 | 20 952 | 73 594 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 11 376 | 24 567 | 34 935 | 47 996 | 62 095 | 5040 | 85 512 | -42 899 | 18 381 | 50 329 | 66 102 | -46 518 |
| Total equity | 12 076 | 38 743 | 62 302 | 85 731 | 112 901 | 69 944 | 155 456 | 112 557 | 68 844 | 99 173 | 125 275 | 68 757 |
| Income statement | ||||||||||||
| Sales revenue | 105 889 | 190 265 | 376 611 | 446 856 | 522 182 | 423 865 | 783 369 | 322 507 | 664 816 | 617 899 | 679 883 | 460 932 |
| Operating profit | 18 514 | 29 675 | 42 505 | 55 456 | 62 226 | 5040 | 85 512 | -42 753 | 34 995 | 55 335 | 76 208 | -44 314 |
| Profit before income tax | 14 114 | 28 129 | 41 052 | 54 894 | 62 095 | 5040 | 85 512 | -42 899 | 34 995 | 55 335 | 76 208 | -44 018 |
| Profit for the reporting year | 11 376 | 24 567 | 34 935 | 47 996 | 62 095 | 5040 | 85 512 | -42 899 | 18 381 | 50 329 | 66 102 | -46 518 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 4 | 5 | 8 | 7 | 9 | 8 | 8 | 11 | 11 | 10 |
| Calculated dividend | — | 0 | 11 376 | 24 567 | 34 925 | 47 997 | 0 | 0 | 62 094 | 20 000 | 40 000 | 10 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Summary: SIA "Poly Systems"
Overview
SIA "Poly Systems" (reg. no. 50103780271) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Rīga, Salnas iela 13 - 34.
Financial results
Revenue in 2025 was 460 932 €, down 32,2% on the previous year (679 883 €). From 2014 to 2025, revenue grew by an average of 14,3% per year. 2025 ended with a loss of 46 518 €. The company was profitable in 10 of the 12 published years. In 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 46 093 €. At the end of 2025, total assets were 142 351 € and equity 68 757 € (48,3% 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.