SIA "OCT Composites"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 1112 | 728 | 7396 | 10 427 | 14 423 | 24 694 | 6024 | 6406 | 46 603 | 210 483 | 267 659 | 139 830 | 230 248 | 203 562 | 193 565 |
| Total non-current assets | 867 | 616 | 156 | 273 | 6233 | 5774 | 4906 | 6678 | 4763 | 119 379 | 190 385 | 205 960 | 91 656 | 57 456 | 42 250 |
| Total assets | 1979 | 1344 | 7552 | 10 700 | 20 656 | 30 468 | 10 930 | 13 084 | 51 366 | 329 862 | 458 044 | 345 790 | 321 904 | 261 018 | 235 815 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 0 | 9111 | 25 213 | 40 692 | 53 068 | 0 | 53 538 | 37 183 | 54 625 | 203 821 | 232 672 | 139 532 | 221 169 | 147 842 | 136 243 |
| Non-current liabilities | 7927 | 1265 | 5178 | 22 997 | 57 682 | 114 425 | 57 359 | 44 608 | 0 | 51 765 | 126 246 | 96 316 | 19 460 | 31 350 | 7493 |
| Total liabilities | 7927 | 10 376 | 30 391 | 63 689 | 110 750 | 114 425 | 110 897 | 81 791 | 54 625 | 255 586 | 358 918 | 235 848 | 240 629 | 179 192 | 143 736 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6048 | -3084 | -13 807 | -20 491 | -39 963 | 6137 | -16 011 | 31 260 | 65 448 | 77 535 | 24 850 | 10 816 | -28 667 | 551 | 10 253 |
| Total equity | -5948 | -9032 | -22 839 | -52 989 | -90 094 | -83 957 | -99 967 | -68 707 | -3259 | 74 276 | 99 126 | 109 942 | 81 275 | 81 826 | 92 079 |
| Income statement | |||||||||||||||
| Sales revenue | 6127 | 17 873 | 19 856 | 28 706 | 41 320 | 113 659 | 113 289 | 140 529 | 281 849 | 518 382 | 872 801 | 793 011 | 566 334 | 544 265 | 362 434 |
| Operating profit | -5948 | -2980 | -13 648 | -20 155 | -39 604 | 6526 | -15 711 | 31 525 | 65 448 | 87 969 | 27 113 | 14 669 | -23 132 | 10 202 | 13 818 |
| Profit before income tax | -6048 | -3084 | -13 807 | -20 491 | -39 963 | 6137 | -16 011 | 31 260 | 65 448 | 87 729 | 24 969 | 10 946 | -28 574 | 628 | 10 466 |
| Profit for the reporting year | -6048 | -3084 | -13 807 | -20 491 | -39 963 | 6137 | -16 011 | 31 260 | 65 448 | 77 535 | 24 850 | 10 816 | -28 667 | 551 | 10 253 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 2 | 3 | 3 | 4 | 4 | 4 | 5 | 8 | 22 | 35 | 24 | 15 | 13 | 6 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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 "OCT Composites"
Overview
SIA "OCT Composites" (reg. no. 54103060951) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Mārkalnes iela 24.
Financial results
Revenue in 2025 was 362 434 €, down 33,4% on the previous year (544 265 €). From 2011 to 2025, revenue grew by an average of 33,8% per year. Net profit for 2025 was 10 253 € (2,8% of revenue). The company was profitable in 8 of the 15 published years. In 2025 the company had 6 employees (13 a year earlier). Revenue per employee was 60 406 €. At the end of 2025, total assets were 235 815 € and equity 92 079 € (39,0% of assets).
Management and owners
The company has one board member.
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.