Company information
2CT SIA
2CT
Rīga, Vaidavas iela 10-32
Registration No.
40103200814
Status
Removed from the register
Register
Commercial Register
Registered on
2008-11-13 – 2012-04-04
Legal form
Limited Liability Company
Equity capital
Paid-up equity 2000 Ls
Registered payment 2008-11-13
Insolvency
Insolvency proceedings
Official information about insolvency and legal protection proceedings for this entity.
Proceeding
Insolvency proceeding · National proceeding
Finished- Debtor reg. no.
- 40103200814
- Proceeding started
- 2010-10-12
- Proceeding ended
- 2012-03-06
- Form and type
- Insolvency proceedingNational proceeding
- Resolution
- pabeigta bankrota procedūraM06
- Entry created
- 2010-10-12
Financial key indicatorsLatest year: 2009
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
1,673,355 LVL
Net result
57,328 LVL
Margin: 3.4%
Balance sheet size
460,787 LVL
Equity: 59,328 LVL (12.9%)
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
- 12.9%
- Debt-to-assets
- 87.0%
Profitability & cash flow
Profitability is positive but low. Even small negative changes in turnover or costs may lead to losses.
- Net margin
- 3.4%
- Return on assets (ROA)
- 12.4%
- Operating cash flow
- 35,858 LVL
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 | 2009 |
|---|---|
| Turnover | 1,673,355 |
| Net result | 57,328 |
| Net margin | 3.4% |
| Return on assets (ROA) | 12.4% |
| Equity ratio | 12.9% |
| Debt-to-assets | 87.0% |
| Current ratio | 1.1 |
| Quick ratio | 1.1 |
| Operating cash flow | 35,858 |
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 | 2009 |
|---|---|
| Year Started | 2008-11-13 |
| Year Ended | 2009-12-31 |
| Employees | 98 |
| Currency | LVL |
| Rounded To | ONES |
| Source Schema | DokUGP2008v1 |
Balance sheet
Per year
| Label | 2009 |
|---|---|
| Cash | 6,410 |
| Accounts Receivable | 430,786 |
| Inventory | 3,319 |
| Current Assets | 440,515 |
| Fixed Assets | 20,128 |
| Intangible Assets | 144 |
| Non-Current Assets | 20,272 |
| Total Assets | 460,787 |
| Current Liabilities | 399,691 |
| Non-Current Liabilities | 1,005 |
| Equity | 59,328 |
| Total | 460,787 |
Income statement
Per year
| Label | 2009 |
|---|---|
| Net Turnover | 1,673,355 |
| Cost of Goods Sold | 1,533,830 |
| Gross Profit | 139,525 |
| Administrative Expenses | 71,124 |
| Other Operating Revenues | 442 |
| Other Operating Expenses | 844 |
| Other Interest Revenues | 26 |
| Interest Expenses | 493 |
| Income Before Income Taxes | 67,532 |
| Provision For Income Taxes | 9,199 |
| Net Income | 57,328 |
Cash flow statement
Per year
| Label | 2009 |
|---|---|
| Received from Customers | 1,591,069 |
| Paid to Suppliers/Employees | 1,515,564 |
| Other Cash Rec./Paid | -39,647 |
| Operating Cash Flow | 35,858 |
| Interest Paid | 493 |
| Taxes Paid | 303 |
| Extra Items Cash Flow | 35,062 |
| Net Operating Cash Flow | 35,062 |
| Fixed/intang. Assets Acquisition | 29,834 |
| Interest Received | 26 |
| Net Investing Cash Flow | -29,808 |
| Loans Received | 23,000 |
| Loan Repayments Made | 23,000 |
| Effect of Exchange Rate Change | -844 |
| Net Increase | 4,410 |
| At Beginning of Year | 2,000 |
| At End of Year | 6,410 |