| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 12m € +22.9% | 9,7m € +9.1% | 8,9m € -8.2% |
Profit | 155,1k € +135.3% | -438,8k € -32.4% | -331,5k € -56.5% |
Assets | 3,5m € +22.0% | 2,9m € +18.6% | 2,5m € -10.5% |
Liabilities | 3,9m € +14.3% | 3,4m € +35.9% | 2,5m € +1.8% |
Equity | -325,6k € +32.3% | -480,7k € -1047.4% | -41,9k € -114.5% |
Employees | 16 +33.3% | 12 +33.3% | 9 -10.0% |
Overall rating | B+82/100 |
Financial health | 45/100 |
Credit history | 100/100 |
Legal history | 100/100 |
Business activity | 100/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Regular report filing | |
Negative equity | |
Can cover short-term debts | |
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 25 years | 33 - 37 | 96% | |
Net revenue | 11 963 537,00 € | 1 - 4 | 100% | |
Profit | 155 117,00 € | 41 - 45 | 95% | |
Equity | -325 622,00 € | - | 10% | |
Assets | 3 546 661,00 € | 4 - 8 | 99% | |
Fixed assets | 170 537,00 € | - | 90% | |
Investments | 415 578,00 € | - | 90% | |
Liquidity | 1.19 | - | 40% | |
Profitability | 1.3% | - | 10% | |
Registered capital | 14 228,00 € | - | 90% |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| - | Board member | Independently | |||
| Board chairman | Independently | ||||
| - | Board member | Independently |
| Name | Changed |
|---|---|
| Sabiedrība ar ierobežotu atbildību "TVG" | May 16, 2024 |
Pax8 Latvia SIA is located at Rīga, Kaļķu iela 15, LV-1050.
In 2025, Pax8 Latvia SIA had revenue of 11 963 537 € and profit of 155 117 €. Compared to previous year, revenue increased by 22.9%. View full financial report →
Pax8 Latvia SIA's estimated company value is calculated from its publicly filed financial statements, using earnings, revenue, asset-based and discounted-cash-flow methods. See full valuation →
In 2024, Pax8 Latvia SIA had an average of 10 employees. View tax history →
Yes, Pax8 Latvia SIA is registered as an active VAT payer with VAT number LV40003542443.
In 2024, the average gross salary at Pax8 Latvia SIA was approximately 4242,69 € per month (net ~ 2958,97 €). This is an approximate calculation. View salary details →
Pax8 Latvia SIA was founded on April 19, 2001. The company has been operating for 25 years.
In 2025, Pax8 Latvia SIA had revenue of 12 million € and profit of 155.1 thousand €. The company has 10 employees.
| Name, surname | Shares | Ownership rights |
|---|---|---|
| Pax8 Netherlands B.V. | 14 228 | 100.00% |
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.