SIA "Qtech"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2020–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 26 058 | 79 506 | 96 693 | 87 524 | 119 398 |
| Profit for the reporting year | -11 662 | 3850 | 20 144 | -25 130 | -10 828 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 4249 | 6912 | 113 534 | 303 788 | 463 074 |
| Total liabilities | 10 019 | 8832 | 90 810 | 276 194 | 446 308 |
| Total equity | -5770 | -1920 | 22 724 | 27 594 | 16 766 |
| Employees | 1 | 1 | 1 | 2 | 2 |
| Calculated dividend | 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 "Qtech"
Overview
SIA "Qtech" (reg. no. 50203226351) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Penkules iela 13.
Financial results
Revenue in 2025 was 119 398 €, up 36,4% on the previous year (87 524 €). From 2020 to 2025, revenue grew by an average of 21,3% per year. This is the company's highest revenue among the published years (2020–2025). 2025 ended with a loss of 10 828 €. The company was profitable in 3 of the 6 published years. In 2025 the company had 2 employees. Revenue per employee was 59 699 €. At the end of 2025, total assets were 463 074 € and equity 16 766 € (3,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (86%) is held by SIA KR Promotions.
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.