SIA "Innovative Travel Solutions"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 22 778 | 54 171 | 484 860 | 1 564 978 | 2 662 180 | 4 762 507 | 5 534 473 |
| Total non-current assets | 725 | 575 | 425 | 69 303 | 203 905 | 176 440 | 150 976 |
| Total assets | 23 503 | 54 746 | 485 285 | 1 634 281 | 2 866 085 | 4 938 947 | 5 685 449 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 65 146 | 56 333 | 395 393 | 1 050 463 | 1 555 252 | 2 840 662 | 2 735 565 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 65 146 | 56 333 | 395 393 | 1 050 463 | 1 555 252 | 2 840 662 | 2 735 565 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -44 443 | 40 056 | 91 480 | 493 926 | 727 015 | 787 452 | 851 599 |
| Total equity | -41 643 | -1587 | 89 892 | 583 818 | 1 310 833 | 2 098 285 | 2 949 884 |
| Income statement | |||||||
| Sales revenue | 40 239 | 267 568 | 1 951 610 | 8 547 468 | 11 110 323 | 11 791 317 | 11 733 583 |
| Operating profit | -44 438 | 40 594 | 93 152 | 512 644 | 740 617 | 797 620 | 861 072 |
| Profit before income tax | -44 438 | 40 309 | 93 152 | 511 897 | 740 799 | 798 563 | 860 052 |
| Profit for the reporting year | -44 443 | 40 056 | 91 480 | 493 926 | 727 015 | 787 452 | 851 599 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 16 | 16 | 64 | 246 | 311 | 278 | 244 |
| Calculated dividend | — | 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 "Innovative Travel Solutions"
Overview
SIA "Innovative Travel Solutions" (reg. no. 50203225661) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Jeruzalemes iela 1.
Financial results
Revenue in 2025 was 11 733 583 €, on a par with the previous year. From 2019 to 2025, revenue grew by an average of 158% per year. Net profit for 2025 was 851 599 € (7,3% of revenue). The company was profitable in 6 of the 7 published years. In 2025 the company had 244 employees (278 a year earlier). Revenue per employee was 48 088 €. At the end of 2025, total assets were 5 685 449 € and equity 2 949 884 € (51,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is DYNINNO GROUP LIMITED.
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.