In 2024, SIA "POLITECH" had revenue of 4 million EUR and profit of 47.7 thousand EUR. The company has 8 employees. Beneficial owners: Andrejs Kuvšinovs, Ilo Giels.
year | Revenue | Profit | Assets | Liabilities | Equity | Employees |
|---|---|---|---|---|---|---|
| 2024 | 4 010 452 € +10.5% | 47 672 € -51.4% | 1 384 714 € +26.4% | 738 704 € | 646 010 € | 8 +60.0% |
| 2023 | 3 628 623 € +3.8% | 98 173 € +70.7% | 1 095 364 € -6.7% | 497 026 € | 598 338 € | 5 +0.0% |
| 2022 | 3 494 692 € +14.6% | 57 499 € -65.3% | 1 173 620 € +5.8% | 673 455 € | 500 165 € | 5 +0.0% |
| 2021 | 3 049 231 € +23.6% | 165 867 € +110.0% | 1 109 201 € +24.0% | 649 200 € | 460 001 € | 5 +0.0% |
Overall Rating | A+97/100 |
Financial Health | 95/100 |
Credit History | 100/100 |
Legal History | 100/100 |
Business Activity | 90/100 |
| Overall Risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, Surname | Position | Representation Rights | Registered | |
|---|---|---|---|---|
| Board Chairman | Independently |
Project Count
2
Total Funding
€16 561 448
EU Support
€10 000 000
| Project | Period | Role | Funding Received | Status |
|---|---|---|---|---|
Latvijas Pārtikas Kompetences Centrs – energoefektivitāte 1.2.1.2.i.2/1/24/A/CFLA/002 Program: AF | 2024. gada 5. jūlijs until 2027. gada 31. decembris | partner | - | Līgums |
Inovatīvu produktu un tehnoloģiju izstrāde Viedo materiālu kompetences centra ietvaros 1.2.1.2.i.2/1/24/A/CFLA/004 Program: AF | 2024. gada 28. jūnijs until 2027. gada 31. decembris | partner | - | Līgums |
SIA "POLITECH" is located at Rīga, Sergeja Eizenšteina iela 39 - 7.
In 2024, SIA "POLITECH" had revenue of 4 010 452 EUR and profit of 47 672 EUR. Compared to previous year, revenue increased by 10.5%. View full financial report →
In 2024, SIA "POLITECH" had an average of 8 employees. View tax history →
The beneficial owners of SIA "POLITECH" are Andrejs Kuvšinovs and Ilo Giels. View ownership details →
Yes, SIA "POLITECH" is registered as an active VAT payer with VAT number LV50003791851.
In 2024, the average gross salary at SIA "POLITECH" was approximately 1480,15 € per month (net ~ 1116,98 €). This is an approximate calculation. View salary details →
SIA "POLITECH" was founded on December 22, 2005. The company has been operating for 21 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company Age | 21 years | - | 0% | |
Net Revenue | 4 010 452,00 € | - | 0% | |
Profit | 47 672,00 € | - | 0% | |
Equity | 646 010,00 € | - | 0% | |
Assets | 1 384 714,00 € | - | 0% | |
Fixed Assets | 163 976,00 € | - | 0% | |
Liquidity | 1.61 | - | 50% | |
Profitability | 1.2% | - | 10% | |
Registered Capital | 30 660,00 € | - | 0% |
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 2017.
Registered in the Latvian Company Register.
| Name, Surname | Shares | Ownership Rights | |
|---|---|---|---|
| Giels Ilo | 16 420 | 53.56% | |
| Kuvšinovs Andrejs | 14 240 | 46.44% |
| Name, Surname | Nationality | Birth Date | |
|---|---|---|---|
| Andrejs Kuvšinovs | - | - | |
| Ilo Giels | - | - |