In 2025, "BUSINESS ART" SIA had revenue of 123.1 thousand EUR and profit of 30.7 thousand EUR. The company has 1 employees. Beneficial owners: Mihails Morevs.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 123,1k € -51.6% | 254,3k € +63.3% | 155,8k € -0.8% |
Profit | 30,7k € -59.5% | 75,9k € +36.2% | 55,7k € -11.8% |
Assets | 57,3k € -37.0% | 91k € +26.2% | 72,1k € -21.9% |
Liabilities | 1,5k € +64.0% | 910 € +4.8% | 868 € -68.3% |
Equity | 55,8k € -38.1% | 90,1k € +26.5% | 71,2k € -20.4% |
Employees | 1 +0.0% | 1 +0.0% | 1 +0.0% |
Overall rating | B+84/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 35/100 |
| 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 |
|---|---|
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
| SIA "REFRATEC LTD." | 2 August 2007 |
| Sabiedrība ar ierobežotu atbildību "REFRATEC LTD." | 14 August 2003 |
"BUSINESS ART" SIA is located at Rīga, Latgales iela 131 - 2A, LV-1003.
In 2025, "BUSINESS ART" SIA had revenue of 123 065 EUR and profit of 30 727 EUR. Compared to previous year, revenue decreased by 51.6%. View full financial report →
In 2024, "BUSINESS ART" SIA had an average of 1 employees. View tax history →
The beneficial owners of "BUSINESS ART" SIA are Mihails Morevs. View ownership details →
Yes, "BUSINESS ART" SIA is registered as an active VAT payer with VAT number LV40003443077.
In 2024, the average gross salary at "BUSINESS ART" SIA was approximately 694,24 € per month (net ~ 592,95 €). This is an approximate calculation. View salary details →
"BUSINESS ART" SIA was founded on May 5, 1999. The company has been operating for 27 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 27 years | - | 0% | |
Net revenue | 123 065,00 € | - | 0% | |
Profit | 30 727,00 € | - | 0% | |
Equity | 55 794,00 € | - | 0% | |
Assets | 57 286,00 € | - | 0% | |
Fixed assets | 2067,00 € | - | 0% | |
Liquidity | 37.01 | - | 90% | |
Profitability | 25.0% | - | 60% | |
Registered capital | 14 200,00 € | - | 0% |
Annual financial report for 2025.
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.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Mihails Morevs | 100 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Mihails Morevs | LV |