In 2024, POWER EQUIPMENT TECHNOLOGY SIA had revenue of 159.3 thousand EUR and profit of 31.1 thousand EUR. The company has 3 employees. Beneficial owners: Hartmut Otto Hengstwerth.
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 159,3k € +289.3% | 40,9k € +263.9% | 11,2k € |
Profit | 31,1k € +922.1% | 3k € +108.2% | -37,1k € -1124.4% |
Assets | 556,6k € +26892.1% | 2,1k € -51.1% | 4,2k € +24694.1% |
Liabilities | 559,5k € +1449.1% | 36,1k € -12.6% | 41,3k € +91715.6% |
Equity | -2,9k € +91.4% | -34,1k € +8.2% | -37,1k € -132407.1% |
Employees | 2 +0.0% | 2 +0.0% | 2 +100.0% |
Overall rating | B74/100 |
Financial health | 45/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 85/100 |
| Overall risk | Medium |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| - | Board member | Independently |
POWER EQUIPMENT TECHNOLOGY SIA is located at Rīga, Dzirnavu iela 57A - 4, LV-1010.
In 2024, POWER EQUIPMENT TECHNOLOGY SIA had revenue of 159 257 EUR and profit of 31 142 EUR. Compared to previous year, revenue increased by 289.3%. View full financial report →
In 2024, POWER EQUIPMENT TECHNOLOGY SIA had an average of 3 employees. View tax history →
The beneficial owners of POWER EQUIPMENT TECHNOLOGY SIA are Hartmut Otto Hengstwerth. View ownership details →
Yes, POWER EQUIPMENT TECHNOLOGY SIA is registered as an active VAT payer with VAT number LV40203259971.
In 2024, the average gross salary at POWER EQUIPMENT TECHNOLOGY SIA was approximately 594,83 € per month (net ~ 526,67 €). This is an approximate calculation. View salary details →
POWER EQUIPMENT TECHNOLOGY SIA was founded on September 17, 2020. The company has been operating for 6 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 6 years | 465 - 469 | 21% | |
Net revenue | 159 257,00 € | 182 - 186 | 65% | |
Profit | 31 142,00 € | 96 - 100 | 83% | |
Equity | -2913,00 € | - | 10% | |
Assets | 556 578,00 € | 53 - 57 | 90% | |
Liquidity | 0.99 | - | 25% | |
Profitability | 19.6% | - | 50% | |
Registered capital | 3000,00 € | - | 40% |
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Registered in the Latvian company register.
| Name, surname | Shares | Ownership rights | |
|---|---|---|---|
| Hartmut Otto Hengstwerth | 3000 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Hartmut Otto Hengstwerth | DE | - |