Company information

"ACHETER SOLUTIONS" SIA

ACHETER SOLUTIONS

Brīvības iela 90 – 81, Rīga, LV-1001

Registration No.

40103444280

Status

Removed from the register

Register

Commercial Register

Registered on

2011-08-05 – 2018-10-17

Legal form

Limited Liability Company

Equity capital

Paid-up equity 2845 €

Registered payment 2015-08-27

Financial key indicatorsLatest year: 2017

Overall financial risk (latest available year)

Moderate financial risk

LiquiditySolvencyProfitability

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

44,970 EUR

Net result

9,291 EUR

Margin: 20.7%

Balance sheet size

102,325 EUR

Equity: 12,138 EUR (11.9%)

Liquidity (short-term payments)

Weak

The company may struggle to cover its short-term liabilities from its current assets. This indicates elevated payment risk.

Current ratio
0.8
Quick ratio
0.8

Solvency (capital strength)

Moderate

Equity is relatively low compared to assets. The company relies notably on creditors and should be monitored.

Equity ratio
11.9%
Debt-to-assets
88.1%

Profitability & cash flow

Profitable

The company is generating a healthy profit relative to its turnover or assets.

Net margin
20.7%
Return on assets (ROA)
9.1%
Operating cash flow
Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

YearTurnoverNet marginEquity ratioCurrent ratio
201744,97020.7%11.9%0.8
201607.8%0.6
20159,68041.7%6.0%0.4

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.

Metric20172016201520142013
Turnover44,97009,6802,4790
Net result9,2919,2414,039-3,984-2,726
Net margin20.7%41.7%-160.7%
Return on assets (ROA)9.1%8.8%4.3%-4.3%-4.1%
Equity ratio11.9%7.8%6.0%1.8%5.9%
Debt-to-assets88.1%92.2%94.0%98.2%94.1%
Current ratio0.80.60.40.919.9
Quick ratio0.80.60.10.00.5
Operating cash flow

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

Label2017201620152014201320122011
Year Started2017-01-012016-01-012015-01-012014-01-012013-01-012012-01-012011-08-05
Year Ended2017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Report date2018-05-042017-04-122016-05-062015-05-022014-05-142013-05-03
Employees1111111
CurrencyEUREUREUREURLVLLVLLVL
Rounded ToONESONESONESONESONESONESONES
Source SchemaDokGPUIENv1DokGPUIENv1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1DokUGP2008v1
Source TypeUGPUGP

Balance sheet

Per year

Label2017201620152014201320122011
Cash10,91459,7098,3511,6651,18052424,990
Accounts Receivable60,6791,6821,80056945911020
Inventory0021,78183,24558,50558,5050
Current Assets71,59361,39131,93285,47960,14459,13925,010
Fixed Assets30,73243,34863,0804,0203,9785,1320
Intangible Assets0002,0922,0792,6880
Non-Current Assets30,73243,34863,0807,3936,95710,2280
Total Assets102,325104,73995,01292,87267,10169,36725,010
Current Liabilities90,18796,57789,29890,9583,0252,9650
Non-Current Liabilities00023960,09960,09923,002
Equity12,1388,1625,7141,6753,9776,3032,008
Total102,325104,73995,01292,87267,10169,36725,010

Income statement

Per year

Label2017201620152014201320122011
Net Turnover44,97009,6802,479059,59820
Cost of Goods Sold35,28914,4836,1244,3942,38855,1170
Gross Profit9,681-14,4833,556-1,915-2,3884,48120
Administrative Expenses00000010
Other Operating Revenues045,50500000
Other Operating Expenses021,78100000
Other Interest Revenues11501,81307000
Interest Expenses001,2802,0194081860
Income Before Income Taxes9,7969,2414,089-3,934-2,7264,29510
Provision For Income Taxes50505050000
Income After Income Taxes9,2919,24100000
Other Taxes0000002
Net Income9,2919,2414,039-3,984-2,7264,2958