SIA "SIM Project"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 59 194 | 101 178 | 122 232 | 101 525 | 82 187 | 65 815 | 69 405 | 109 045 | 121 134 | 132 481 | 313 351 |
| Total non-current assets | 1671 | 9633 | 9841 | 10 512 | 6985 | 3519 | 2168 | 1274 | 1017 | 886 | 755 |
| Total assets | 60 865 | 110 811 | 132 073 | 112 037 | 89 172 | 69 334 | 71 573 | 110 319 | 122 151 | 133 367 | 314 106 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 13 787 | 19 273 | 9923 | 10 361 | 4748 | 572 | 3224 | 12 133 | 2645 | 4494 | 38 391 |
| Non-current liabilities | 1500 | 7435 | 3336 | 669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 15 287 | 26 708 | 13 259 | 11 030 | 4748 | 572 | 3224 | 12 133 | 2645 | 4494 | 38 391 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 45 577 | 38 525 | 34 711 | -17 807 | -16 583 | -15 661 | -413 | 29 836 | 21 320 | 9367 | 146 842 |
| Total equity | 45 578 | 84 103 | 118 814 | 101 007 | 84 424 | 68 762 | 68 349 | 98 186 | 119 506 | 128 873 | 275 715 |
| Income statement | |||||||||||
| Sales revenue | 64 475 | 77 142 | 89 248 | 34 235 | 25 035 | 6620 | 25 121 | 35 900 | 27 295 | 17 030 | 161 326 |
| Operating profit | 51 380 | 38 525 | 34 711 | -17 807 | -16 583 | -15 661 | -413 | 29 886 | 21 320 | 9417 | 146 842 |
| Profit before income tax | 51 380 | 38 525 | 34 711 | -17 807 | -16 583 | -15 661 | -413 | 29 886 | 21 320 | 9417 | 146 842 |
| Profit for the reporting year | 45 577 | 38 525 | 34 711 | -17 807 | -16 583 | -15 661 | -413 | 29 836 | 21 320 | 9367 | 146 842 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 4 | 4 | 5 | 5 | 4 | 3 | 3 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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: SIA "SIM Project"
Overview
SIA "SIM Project" (reg. no. 50103912741) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Hāpsalas iela 1 k-1 - 12.
Financial results
Revenue in 2025 was 161 326 €, up 847% on the previous year (17 030 €). From 2015 to 2025, revenue grew by an average of 9,6% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 146 842 € (91,0% of revenue). The company was profitable in 7 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 80 663 €. At the end of 2025, total assets were 314 106 € and equity 275 715 € (87,8% 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.