In 2024, SIA "Arete Technologies" had revenue of 5.3 million EUR and profit of 731.7 thousand EUR. The company has 18 employees. Beneficial owners: Sergejs Borzihs.
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 5,3m € +84.0% | 2,9m € -16.1% | 3,5m € +77.0% |
Profit | 731,7k € +92.0% | 381,1k € -41.7% | 653,6k € +1621.6% |
Assets | 4,4m € +155.6% | 1,7m € +33.2% | 1,3m € +55.9% |
Liabilities | 2,9m € +302.8% | 726k € +61.6% | 449,3k € -9.2% |
Equity | 1,5m € +50.2% | 1m € +18.4% | 857,3k € +149.6% |
Employees | 19 +26.7% | 15 +0.0% | 15 +7.1% |
Overall rating | A+100/100 |
Financial health | 100/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 100/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
| Name | Changed |
|---|---|
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
Project count
44
Total funding
€91 477 914
EU support
€53 621 604
| Project | Period | Role | Funding received | Status |
|---|---|---|---|---|
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Informācijas un komunikācijas tehnoloģiju kompetences centrs pētniecībai 5.1.1.2.i.0/2/24/A/CFLA/007 Program: AF | 2024. gada 2. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
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SIA "Arete Technologies" is located at Rīga, Ezera iela 35, LV-1034.
In 2024, SIA "Arete Technologies" had revenue of 5 326 699 EUR and profit of 731 671 EUR. Compared to previous year, revenue increased by 84.0%. View full financial report →
In 2024, SIA "Arete Technologies" had an average of 18 employees. View tax history →
The beneficial owners of SIA "Arete Technologies" are Sergejs Borzihs. View ownership details →
Yes, SIA "Arete Technologies" is registered as an active VAT payer with VAT number LV40003382374.
In 2024, the average gross salary at SIA "Arete Technologies" was approximately 1700,02 € per month (net ~ 1263,58 €). This is an approximate calculation. View salary details →
SIA "Arete Technologies" was founded on March 2, 1998. The company has been operating for 28 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 28 years | 4 - 8 | 84% | |
Net revenue | 5 326 699,00 € | 1 - 4 | 96% | |
Profit | 731 671,00 € | 1 - 3 | 100% | |
Equity | 1 524 507,00 € | 1 - 5 | 92% | |
Assets | 4 449 120,00 € | 1 - 4 | 97% | |
Fixed assets | 600 459,00 € | - | 90% | |
Investments | 4375,00 € | - | 10% | |
Liquidity | 1.38 | - | 50% | |
Profitability | 13.7% | - | 25% | |
Registered capital | 4268,00 € | - | 10% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Annual financial report for 2019.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights | |
|---|---|---|---|
| SIA "ETERA" | 194 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Sergejs Borzihs | LV |