Artec Group SIA
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-Latest events
from (18/11/2021)
2024-03-05
Change in beneficial owners2024-03-05
Change in members2024-03-05
Change of legal name2024-03-05
Change in officersSuspensions
No suspension
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
6Debts
12,360.55 €
-183.80 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
1,5-2 M €
+99.84 %Business linkages
2Linkages with other companies
Financial ratios
Net Profit (€)
44,506
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedNet Profit (€)
44,506EBITDA margin (%)
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| Indicator |
|---|
| Turnover (€) |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| Current Assets (€) |
| Working capital requirement (%)The working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2023 |
|---|
| 1,182,622 |
| 78,841 |
| 135,611 |
| 129,381 |
| 8,625 |
| 17.85 |
| 10.94 |
| 122,181 |
| 101,697 |
| 43,311 |
| 180,567 |
| 2024 |
|---|
| 936,941 |
| 78,078 |
| -40,609 |
| -46,547 |
| -3,879 |
| 8.24 |
| -4.97 |
| 51,884 |
| 168,584 |
| 39,684 |
| 180,784 |
| 2025 |
|---|
| 1,872,376 |
| 312,063 |
| 44,506 |
| 44,506 |
| 7,418 |
| 7.30 |
| 2.38 |
| 96,390 |
| 282,297 |
| 34,866 |
| 343,821 |
Enjoy unlimited use
with Freemium unlimited| 2025 |
|---|
| 1,872,376 |
| 312,063 |
| 44,506 |
| 44,506 |
| 7,418 |
| 7.30 |
| 2.38 |
| 96,390 |
| 282,297 |
| 34,866 |
| 343,821 |
Enjoy unlimited use
with Freemium unlimitedTurnover (€)
2025
Turnover (€)
1,872,376 €
100 % *
Sales per employee (€)
312,063 €300 % *
Profit before tax (€)
44,506 €210 % *
Net Profit (€)
44,506 €196 % *
Profit per employee (€)
7,418 €291 % *
Total profitability (%)
7.30 %
-11.41 % *
Net profitability (%)
2.38 %147.89 % *
Equity (€)
96,390 €86 % *
Amounts Payable And Liabilities (€)
282,297 €
67 % *
Non-current Assets (€)
34,866 €
-12 % *
Current Assets (€)
343,821 €90 % *
Credit history
No. of unpaid debts
1
Largest debt
VID
Amount of unpaid debts
€12,360.55
Oldest open debt
-
No. of unpaid debts
1
Largest debt
VID
Amount of unpaid debts
€12,360.55
Oldest open debt
-
Credit report
Creditor/Data source  | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Creditor/Data source | Debt amount | Debt date | Payment date | Debt type |
|---|---|---|---|---|
- | - | - | - | - |
Legal proceedings
Defendant
(0)
Plaintiff
(0)
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
Case No./date | Process parties | Case/Court ruling | Court | No. of court hearings | More |
|---|---|---|---|---|---|
| - | - | - | - | - | - |
Public data
Data source | Information | Additional data |
|---|---|---|
 | Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2022 | Total amount: 46,680 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 41,470 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: 8,330 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | Total amount: 0 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| No data provided by the national tax authority |
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6Frequently Asked Questions
What is the current status of Artec Group SIA?
Artec Group SIA is currently Registered. It was registered on 30/10/2019.
What is Artec Group SIA registered address?
Artec Group SIA registered address is Dīķa iela 11 – 2, Rīga, LV-1004.
What is Artec Group SIA activity?
Artec Group SIA operates in Wholesale of household, office and shop furniture, carpets and lighting equipment (46.47 - NACE 2.1).
How many employees does Artec Group SIA have?
Artec Group SIA has 6 employees (2025).
Is Artec Group SIA a reliable company?
Artec Group SIA Pre-Score* rating is A, which indicates the highest level of reliability.
* The credit score is calculated based on financial data, payment history, and other risk indicators.What is the annual turnover of Artec Group SIA?
Artec Group SIA reported a turnover of 1,872,376 EUR in 2025.
Does Artec Group SIA have any current state debt?
Artec Group SIA currently has an outstanding state debt of 12,360.55 €.