Company information

"2point" SIA

2POINT

Ludzas iela 42 k-2 – 62, Rīga, LV-1003

Registration No.

40103613422

Status

Removed from the register

Register

Commercial Register

Registered on

2012-12-05 – 2017-06-27

Legal form

Limited Liability Company

Equity capital

Paid-up equity 2800 €

Registered payment 2014-05-23

Financial key indicatorsLatest year: 2016

Overall financial risk (latest available year)

Lower observed 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

48,556 EUR

Net result

1,487 EUR

Margin: 3.1%

Balance sheet size

8,511 EUR

Equity: 5,517 EUR (64.8%)

Liquidity (short-term payments)

Comfortable

The company appears able to cover its short-term liabilities from its current assets with some safety margin.

Current ratio
2.1
Quick ratio
2.1

Solvency (capital strength)

Solid

A significant part of the company is financed by its own capital, which usually means lower long-term financial risk.

Equity ratio
64.8%
Debt-to-assets
35.2%

Profitability & cash flow

Low profit

Profitability is positive but low. Even small negative changes in turnover or costs may lead to losses.

Net margin
3.1%
Return on assets (ROA)
17.5%
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
201648,5563.1%64.8%2.1
201546,22720.1%86.9%6.8
201434,80622.7%72.3%3.5

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.

Metric2016201520142013
Turnover48,55646,22734,80691,671
Net result1,4879,2967,900-711
Net margin3.1%20.1%22.7%-0.8%
Return on assets (ROA)17.5%42.5%58.7%-24.6%
Equity ratio64.8%86.9%72.3%44.6%
Debt-to-assets35.2%13.1%27.7%55.4%
Current ratio2.16.83.51.7
Quick ratio2.16.23.41.6
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

Label2016201520142013
Year Started2016-01-012015-01-012014-01-012012-12-05
Year Ended2016-12-312015-12-312014-12-312013-12-31
Report date2017-04-012016-03-092015-05-022014-04-23
Employees1122
CurrencyEUREUREURLVL
Rounded ToONESONESONESONES
Source SchemaDokGPUIENv1DokUGP2008v1DokUGP2008v1DokUGP2008v1
Source TypeUGP

Balance sheet

Per year

Label2016201520142013
Cash93417,78912,663960
Accounts Receivable5,366001,605
Inventory01,652548147
Current Assets6,30019,44113,2112,712
Fixed Assets2,2112,457250176
Non-Current Assets2,2112,457250176
Total Assets8,51121,89813,4612,888
Current Liabilities2,9942,8683,7271,599
Equity5,51719,0309,7341,289
Total8,51121,89813,4612,888

Income statement

Per year

Label2016201520142013
Net Turnover48,55646,22734,80691,671
Cost of Goods Sold33,40526,07416,37351,812
Gross Profit15,15120,15318,43339,859
Selling Expenses6,9428,7418,59327,808
Administrative Expenses1,61862166011,694
Other Operating Expenses4,83861551,068
Income Before Income Taxes1,75310,7309,125-711
Provision For Income Taxes2661,4341,2250
Income After Income Taxes1,487000
Net Income1,4879,2967,900-711