Accounting Latvia, — Reg. No. 42403015285

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Accounting Latvia, SIA

ACCOUNTING LATVIA,

Vienības gatve 87B – 1, Rīga, LV-1004

Registration No.

42403015285

Status

Registered

Commercial Register

Registered on

2004-02-10

Legal form

Limited Liability Company

Equity capital

Paid-up equity 3410 €

Registered payment 2016-07-01

VAT number

LV42403015285

VAT registered on 2004-03-16

Members

Company Members

Total: 1

Per page

ActivePerson

Markunaite Ilona (LV)

Identifier: 030483-11451

Number of shares: 341
Nominal value per share: 10,00 EUR
Share capital value: 3410,00 EUR
100% of share capital
Personally liable: No

From: 2016-06-20
To: Not available
Registered on: 2016-07-01
Removed on: Not available

Officers

Company Officers

Total: 1

Per page

Markunaite Ilona (LV)

Member of the Board

Identifier: 030483-11451

Active Executive Board

Rights of representation

Right to represent individually

Beneficial owners

Registered beneficial owners: 1

Rows per page

Markunaite Ilona (LV)

Identification number: 030483-11451

Means of control: as a company member/shareholder

Active

Means of control

as a company member/shareholder

Financial key indicatorsLatest year: 2024

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

644,229 EUR

Net result

104,642 EUR

Margin: 16.2%

Balance sheet size

182,792 EUR

Equity: 108,705 EUR (59.5%)

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: 1.7
Quick ratio: 1.7

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: 59.5%
Debt-to-assets: 40.5%

Profitability & cash flow

Profitable

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

Net margin: 16.2%
Return on assets (ROA): 57.2%
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.

Year	Turnover	Net margin	Equity ratio	Current ratio
2024	644,229	16.2%	59.5%	1.7
2023	616,527	15.4%	76.6%	2.4
2022	528,164	12.4%	57.8%	1.4

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.

Metric	2024	2023	2022	2021	2020
Turnover	644,229	616,527	528,164	419,120	352,524
Net result	104,642	95,241	65,662	54,083	47,060
Net margin	16.2%	15.4%	12.4%	12.9%	13.3%
Return on assets (ROA)	57.2%	69.2%	55.0%	51.3%	58.7%
Equity ratio	59.5%	76.6%	57.8%	69.0%	79.5%
Debt-to-assets	40.5%	23.4%	42.2%	31.0%	20.5%
Current ratio	1.7	2.4	1.4	1.5	3.0
Quick ratio	1.7	2.4	1.4	1.5	3.0
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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Year Started	2024-01-01	2023-01-01	2022-01-01	2021-01-01	2020-01-01	2019-01-01	2018-01-01	2017-01-01	2016-01-01	2015-01-01	2014-01-01	2013-01-01	2012-01-01	2011-01-01	2010-01-01	2009-01-01
Year Ended	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31
Report date	2025-06-02	2024-05-31	2023-05-31	2022-08-01	2021-07-28	2020-07-31	2019-04-30	2018-04-24	2017-05-01	2016-05-06	2015-04-23	2014-05-08	2013-04-30	2012-05-03	2011-05-03	2010-05-02
Employees	24	22	20	18	17	16	14	11	1	2	2	1	1	2	6	6
Currency	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	EUR	LVL	LVL	LVL	LVL	LVL
Rounded To	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES	ONES
Source Schema	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPUIENv1	DokGPUIENv1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1	DokUGP2008v1
Source Type	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	UGP	—	—	—	—	—	—	—

Balance sheet

Per year

Label	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Cash	2,252	5,158	4,197	3,268	13,936	3,716	762	1,957	676	593	82	41	61	255	381	239
Accounts Receivable	122,554	71,993	64,318	45,002	35,186	16,006	11,346	12,419	14,295	6,387	11,141	4,861	3,263	4,890	45,218	24,521
Inventory	0	178	0	0	0	0	0	0	0	0	5,156	165	0	0	0	414
Marketable Securities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Assets	124,806	77,329	68,515	48,270	49,122	19,722	12,108	14,376	14,971	6,980	16,379	5,067	3,324	5,145	45,599	25,174
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed Assets	26,285	23,283	15,158	16,907	18,152	10,274	9,435	11,263	11,430	3,307	4,324	2,449	2,798	7,838	9,224	11,052
Intangible Assets	31,701	37,000	35,769	40,251	12,870	11,568	0	0	66	0	0	0	0	0	0	0
Non-Current Assets	57,986	60,283	50,927	57,158	31,022	21,842	9,435	11,263	11,496	3,307	4,324	2,449	2,798	7,838	9,224	11,052
Total Assets	182,792	137,612	119,442	105,428	80,144	41,564	21,543	25,639	26,467	10,287	20,703	7,516	6,122	12,983	54,823	36,226
Current Liabilities	74,087	32,174	50,370	32,709	16,408	10,289	11,003	12,278	17,148	4,337	2,443	2,006	1,183	889	7,648	9,017
Non-Current Liabilities	0	0	0	0	0	0	0	0	0	29,075	22,014	9,211	4,000	11,121	50,544	31,665
Total Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity	108,705	105,438	69,072	72,719	63,736	31,275	10,540	13,361	9,319	-23,125	-3,754	-3,701	939	973	-3,369	-4,456
Total	182,792	137,612	119,442	105,428	80,144	41,564	21,543	25,639	26,467	10,287	20,703	7,516	6,122	12,983	54,823	36,226

Income statement

Per year

Label	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Net Turnover	644,229	616,527	528,164	419,120	352,524	242,875	142,573	93,706	88,096	41,248	25,799	7,785	965	19,688	60,628	56,944
Cost of Goods Sold	446,695	424,346	375,021	254,489	262,927	182,478	85,227	21,880	13,653	28,471	14,453	7,960	3,525	18,344	21,703	39,737
Gross Profit	197,534	192,181	153,143	164,631	89,597	60,397	57,346	71,826	74,443	12,777	11,346	-175	-2,560	1,344	38,925	17,207
Selling Expenses	289	2,492	15,081	0	6,813	6,596	21,569	3,811	4,359	120	29	8	0	10	4,039	4,805
Administrative Expenses	30,492	24,876	23,926	15,936	2,092	3,072	3,265	39,341	11,244	6,078	1,123	559	98	1,738	5,613	4,238
Inventory Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
LT Investment Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Revenues	9,035	11,120	6,803	3,314	0	350	0	169	0	0	0	0	0	0	0	20
Material Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Labour Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	71,146	63,203	55,277	86,651	33,632	28,310	24,297	24,028	24,261	23,289	9,233	3,897	1,864	1,011	27,733	4,387
Equity Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other LT Investment Earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Interest Revenues	0	0	0	0	0	0	0	0	0	0	650	0	4,875	5,982	1	1,270
Investment Fair Value Adj.	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expenses	0	0	0	0	0	0	0	0	0	3,784	99	1	1	210	449	536
Extra Revenues	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Income Taxes	104,642	112,730	65,662	65,358	47,060	22,769	8,215	4,815	34,579	-20,494	1,512	-4,640	352	4,357	1,092	4,531
Provision For Income Taxes	0	17,489	0	11,275	0	34	1,085	773	2,130	0	0	0	379	10	0	0
Income After Income Taxes	104,642	95,241	65,662	54,083	47,060	22,735	7,130	4,042	32,449	0	0	0	0	0	0	0
Other Taxes	0	0	0	0	0	0	0	0	0	0	0	0	7	5	5	0
Extra Dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	104,642	95,241	65,662	54,083	47,060	22,735	7,130	4,042	32,449	-20,494	1,512	-4,640	-34	4,342	1,087	4,524

Cash flow statement

Per year

Label	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Received from Customers	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Paid to Suppliers/Employees	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Taxes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before WC Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Cash Rec./Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extra Items Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Operating Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks Acquisition	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks Sale Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed/intang. Assets Acquisition	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Fixed/intang. Assets Sale Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loans Made	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loan Repayments Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Investing Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stocks/Bonds Issuance Proceeds	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loans Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Subsidies/Grants/Contrib. Received	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Loan Repayments Made	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Lease Obligations Repayments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Financing Cash Flow	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Effect of Exchange Rate Change	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Increase	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
At Beginning of Year	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
At End of Year	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Accounting Latvia, SIA

Company Members

Company Officers

Beneficial owners

Financial key indicatorsLatest year: 2024

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Balance sheet

Income statement

Cash flow statement