In 2024, SIA "Physical Software" had revenue of 192.1 thousand EUR and loss of 12.4 thousand EUR. The company has 5 employees. Beneficial owners: Kārlis Upītis, Mārtiņš Upītis.
Company has securing measures applied
This company has court orders or restrictions applied. This may indicate debt obligations or legal issues.
| Type | Details | Applied | Case number | Institution |
|---|---|---|---|---|
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums |
| year | 2024Latest | 2023 | 2022 |
|---|---|---|---|
Revenue | 192,1k € -8.1% | 209k € +3.8% | 201,2k € +274.6% |
Profit | -12,4k € -132.3% | 38,3k € +96.5% | 19,5k € +321.1% |
Assets | 63,4k € -5.5% | 67,1k € +90.5% | 35,2k € +167.5% |
Liabilities | 31,6k € +136.7% | 13,4k € +3.2% | 12,9k € +55.2% |
Equity | 31,8k € -40.9% | 53,8k € +141.3% | 22,3k € +361.6% |
Employees | 4 -20.0% | 5 +25.0% | 4 +100.0% |
| - |
| 2025. gada 15. oktobris |
| 30.4/17.19.5/108763 |
| Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
| Aizliegums | - | 2025. gada 15. oktobris | 30.4/17.19.5/108763 | Valsts ieņēmumu dienests |
Overall rating | B66/100 |
Financial health | 40/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 50/100 |
| Overall risk | Medium |
No risk flags | |
No tax debts | |
Negative profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently | ||||
| Board member | Independently |
SIA "Physical Software" is located at Rīga, Stabu iela 91 - 16, LV-1009.
In 2024, SIA "Physical Software" had revenue of 192 090 EUR and loss of 12 375 EUR. Compared to previous year, revenue decreased by 8.1%. View full financial report →
In 2024, SIA "Physical Software" had an average of 5 employees. View tax history →
The beneficial owners of SIA "Physical Software" are Kārlis Upītis and Mārtiņš Upītis. View ownership details →
Yes, SIA "Physical Software" is registered as an active VAT payer with VAT number LV40203296889.
In 2024, the average gross salary at SIA "Physical Software" was approximately 1817,74 € per month (net ~ 1342,07 €). This is an approximate calculation. View salary details →
SIA "Physical Software" was founded on March 1, 2021. The company has been operating for 5 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 5 years | 1541 - 1545 | 31% | |
Net revenue | 192 090,00 € | 466 - 470 | 78% | |
Profit | -12 375,00 € | 2036 - 2040 | 9% | |
Equity | 31 783,00 € | 871 - 875 | 52% | |
Assets | 63 398,00 € | 765 - 769 | 64% | |
Fixed assets | 37 292,00 € | - | 90% | |
Investments | 9644,00 € | - | 60% | |
Liquidity | 1.11 | - | 40% | |
Profitability | -6.4% | - | 10% | |
Registered capital | 2800,00 € | - | 50% |
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 | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Kārlis Upītis | 1400 | 50.00% | ||
| Mārtiņš Upītis | 1400 | 50.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Kārlis Upītis | LV | ||
| Mārtiņš Upītis | LV |