Affnation — Reg. No. 40203160560

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Affnation SIA

Annulled

AFFNATION

"Balvas", Īles pag., Dobeles nov., LV-3716

Registration No.

40203160560

Status

Removed from the register

Commercial Register

Registered on

2018-08-09 – 2024-07-25

Legal form

Limited Liability Company

Equity capital

Paid-up equity 3000 €

Registered payment 2020-11-26

Financial key indicatorsLatest year: 2019

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

66,520 EUR

Net result

14,153 EUR

Margin: 21.3%

Balance sheet size

16,989 EUR

Equity: 14,253 EUR (83.9%)

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: 6.2
Quick ratio: 6.2

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: 83.9%
Debt-to-assets: 16.1%

Profitability & cash flow

Profitable

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

Net margin: 21.3%
Return on assets (ROA): 83.3%
Operating cash flow: Not available (cash flow statement may not be required for small companies)

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	2019
Turnover	66,520
Net result	14,153
Net margin	21.3%
Return on assets (ROA)	83.3%
Equity ratio	83.9%
Debt-to-assets	16.1%
Current ratio	6.2
Quick ratio	6.2
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.

Label	2019
Year Started	2019-01-01
Year Ended	2019-12-31
Report date	2020-07-29
Employees	1
Currency	EUR
Rounded To	ONES
Source Schema	DokGPv1
Source Type	UGP

Balance sheet

Per year

Label	2019
Cash	12,897
Accounts Receivable	4,092
Inventory	0
Marketable Securities	0
Current Assets	16,989
Investments	0
Fixed Assets	0
Intangible Assets	0
Non-Current Assets	0
Total Assets	16,989
Current Liabilities	2,736
Non-Current Liabilities	0
Total Liabilities	0
Equity	14,253
Total	16,989

Income statement

Per year

Label	2019
Net Turnover	66,520
Cost of Goods Sold	49,757
Gross Profit	16,763
Selling Expenses	0
Administrative Expenses	2,570
Inventory Change	0
LT Investment Expenses	0
Other Operating Revenues	0
Material Expenses	0
Labour Expenses	0
Depreciation Expenses	0
Other Operating Expenses	40
Equity Investment Earnings	0
Other LT Investment Earnings	0
Other Interest Revenues	0
Investment Fair Value Adj.	0
Interest Expenses	0
Extra Revenues	0
Extra Expenses	0
Income Before Income Taxes	14,153
Provision For Income Taxes	0
Income After Income Taxes	14,153
Other Taxes	0
Extra Dividends	0
Net Income	14,153

Cash flow statement

Per year

Label	2019
Received from Customers	0
Paid to Suppliers/Employees	0
Income Before Taxes	0
Income Before WC Changes	0
Other Cash Rec./Paid	0
Operating Cash Flow	0
Interest Paid	0
Taxes Paid	0
Extra Items Cash Flow	0
Net Operating Cash Flow	0
Stocks Acquisition	0
Stocks Sale Proceeds	0
Fixed/intang. Assets Acquisition	0
Fixed/intang. Assets Sale Proceeds	0
Loans Made	0
Loan Repayments Received	0
Interest Received	0
Dividends Received	0
Net Investing Cash Flow	0
Stocks/Bonds Issuance Proceeds	0
Loans Received	0
Subsidies/Grants/Contrib. Received	0
Loan Repayments Made	0
Lease Obligations Repayments	0
Dividends Paid	0
Net Financing Cash Flow	0
Effect of Exchange Rate Change	0
Net Increase	0
At Beginning of Year	0
At End of Year	0

Affnation SIA

Financial key indicatorsLatest year: 2019

Meta

Balance sheet

Income statement

Cash flow statement