Company information
"2005" SIA
2005
Murmastienes iela 3, Rīga, LV-1073
Registration No.
40003773799
Status
Removed from the register
Register
Commercial Register
Registered on
2005-10-07 – 2016-06-15
Legal form
Limited Liability Company
Equity capital
Paid-up equity 2000 Ls
Registered payment 2005-10-07
Financial key indicatorsLatest year: 2012
Overall financial risk (latest available year)
Moderate financial risk
This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.
Turnover
730,623 LVL
Net result
11,872 LVL
Margin: 1.6%
Balance sheet size
96,523 LVL
Equity: 21,799 LVL (22.6%)
Liquidity (short-term payments)
Liquidity is acceptable but not very strong. Short-term cash-flow issues are possible if income falls or payments are delayed.
- Current ratio
- 1.1
- Quick ratio
- 1.1
Solvency (capital strength)
Equity is relatively low compared to assets. The company relies notably on creditors and should be monitored.
- Equity ratio
- 22.6%
- Debt-to-assets
- 77.4%
Profitability & cash flow
Profitability is positive but low. Even small negative changes in turnover or costs may lead to losses.
- Net margin
- 1.6%
- Return on assets (ROA)
- 12.3%
- Operating cash flow
- 13,314 LVL
Simple trend (last 2 years)
Colour hints show improvement or deterioration across years.
| Year | Turnover | Net margin | Equity ratio | Current ratio |
|---|---|---|---|---|
| 2012 | 730,623 | 1.6% | 22.6% | 1.1 |
| 2011 | 83,768 | 0.2% | 8.5% | 0.9 |
Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.
Key metrics by year
Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.
| Metric | 2012 | 2011 |
|---|---|---|
| Turnover | 730,623 | 83,768 |
| Net result | 11,872 | 184 |
| Net margin | 1.6% | 0.2% |
| Return on assets (ROA) | 12.3% | 0.8% |
| Equity ratio | 22.6% | 8.5% |
| Debt-to-assets | 77.4% | 91.5% |
| Current ratio | 1.1 | 0.9 |
| Quick ratio | 1.1 | 0.9 |
| Operating cash flow | 13,314 | -4,166 |
Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.
Meta
| Label | 2012 | 2011 |
|---|---|---|
| Year Started | 2012-01-01 | 2011-01-01 |
| Year Ended | 2012-12-31 | 2011-12-31 |
| Report date | 2013-05-17 | 2013-05-17 |
| Employees | 8 | 5 |
| Currency | LVL | LVL |
| Rounded To | ONES | ONES |
| Source Schema | DokUGP2008v1 | DokUGP2008v1 |
Balance sheet
Per year
| Label | 2012 | 2011 |
|---|---|---|
| Cash | 1,697 | 474 |
| Accounts Receivable | 61,077 | 19,179 |
| Inventory | 2,642 | 0 |
| Current Assets | 65,416 | 19,653 |
| Fixed Assets | 31,107 | 2,980 |
| Non-Current Assets | 31,107 | 2,980 |
| Total Assets | 96,523 | 22,633 |
| Current Liabilities | 59,224 | 20,706 |
| Non-Current Liabilities | 15,500 | 0 |
| Equity | 21,799 | 1,927 |
| Total | 96,523 | 22,633 |
Income statement
Per year
| Label | 2012 | 2011 |
|---|---|---|
| Net Turnover | 730,623 | 83,768 |
| Cost of Goods Sold | 685,868 | 65,028 |
| Gross Profit | 44,755 | 18,740 |
| Selling Expenses | 24,885 | 4,202 |
| Administrative Expenses | 4,050 | 1,197 |
| Other Operating Expenses | 3,948 | 13,157 |
| Income Before Income Taxes | 11,872 | 184 |
| Net Income | 11,872 | 184 |
Cash flow statement
Per year
| Label | 2012 | 2011 |
|---|---|---|
| Income Before Taxes | 11,872 | 184 |
| Operating Cash Flow | 13,314 | -4,166 |
| Net Operating Cash Flow | 13,314 | 0 |
| Fixed/intang. Assets Acquisition | -30,671 | -3,216 |
| Net Investing Cash Flow | -30,671 | -3,216 |
| Stocks/Bonds Issuance Proceeds | 8,000 | 0 |
| Loans Received | 10,580 | 6,100 |
| Net Financing Cash Flow | 18,580 | 6,100 |
| Net Increase | 1,223 | -1,282 |
| At Beginning of Year | 474 | 1,756 |
| At End of Year | 1,697 | 474 |