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 | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 5 326 699 € +84.0% | 731 671 € +92.0% | 4 449 120 € +155.6% | 2 924 613 € | 1 524 507 € | 19 +26.7% |
| 2023 | 2 894 558 € -16.1% | 381 060 € -41.7% | 1 740 846 € +33.2% | 726 010 € | 1 014 836 € | 15 +0.0% |
| 2022 | 3 451 702 € +77.0% | 653 570 € +1621.6% | 1 306 566 € +55.9% | 449 290 € | 857 276 € | 15 +7.1% |
| 2021 | 1 950 164 € -6.8% | 37 964 € -60.6% | 838 247 € +37.8% | 494 841 € | 343 406 € | 14 +16.7% |
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 | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Member | Independently |
| Name | Changed |
|---|---|
| Sabiedrība ar ierobežotu atbildību "VAVISE" | 13 November 2018 |
SIA "Arete Technologies" is located at Rīga, Ezera iela 35.
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 | 1 - 5 | 91% | |
Net Revenue | 5 326 699,00 € | 1 - 4 | 95% | |
Profit | 731 671,00 € | 1 - 3 | 100% | |
Equity | 1 524 507,00 € | 1 - 3 | 100% | |
Assets | 4 449 120,00 € | 1 - 3 | 100% | |
Fixed Assets | 600 459,00 € | - | 90% | |
Investments | 4375,00 € | - | 10% | |
Liquidity | 1.38 | - | 50% | |
Profitability | 13.7% | - | 25% | |
Registered Capital | 4268,00 € | - | 10% |
| Name, Surname | Shares | Ownership Rights | 2024 dividends | |
|---|---|---|---|---|
| Sergejs Borzihs | 194 | 100.00% | 585 337,00 € |
| Name, Surname | Nationality | Birth Date |
|---|
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.
Annual financial report for 2018.
Annual financial report for 2018.
Annual financial report for 2017.
Annual financial report for 2016.
Annual financial report for 2015.
Annual financial report for 2014.
Annual financial report for 2013.
Annual financial report for 2012.
Annual financial report for 2011.
New name: Sabiedrība ar ierobežotu atbildību "VAVISE"
New registered capital: 4268 EUR.
Registered as a VAT payer.
Registered in the Latvian Company Register.
| Sergejs Borzihs | LV |