"Initiative Latvia" SIA
Copy
Copy
CopyRegistry data
Legal status
Company ID
CopyVAT code
CopyIncorporation date
Paid share capital
Registered share capital
Contacts
Company registration address
Copy
Website
-Latest events
from (18/11/2021)
2026-03-17
Change in securing measures2026-03-11
Change in securing measures2025-09-01
Change of legal address2025-09-01
Unidentified type of changeSuspensions
No suspension
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
29Debts
0.00 €
0 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
20-50 M €
+2.33 %Business linkages
9Linkages with other companies
Financial ratios
Net Profit (€)
244,921
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 (%)
Register and
explore Okredo dataEBIT margin shows the profitability of a company over a certain period of time.EBIT margin (%)
Register and
explore Okredo dataNet Profit (€)
244,921EBITDA margin (%)
Register and
explore Okredo dataEBIT margin (%)
Register and
explore Okredo dataFinancial statement report
Premium users: 1.00 credit
| 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. |
| 2022 |
|---|
| 17,672,471 |
| 570,080 |
| 466,032 |
| 307,426 |
| 9,917 |
| 10.18 |
| 1.74 |
| 694,728 |
| 4,998,108 |
| 294,746 |
| 5,398,090 |
| 2023 |
|---|
| 19,648,164 |
| 727,710 |
| 73,184 |
| 67,801 |
| 2,511 |
| 7.85 |
| 0.35 |
| 762,529 |
| 4,977,328 |
| 350,871 |
| 5,388,986 |
| 2024 |
|---|
| 20,105,294 |
| 693,286 |
| 339,074 |
| 244,921 |
| 8,446 |
| 10.02 |
| 1.22 |
| 707,450 |
| 4,494,656 |
| 503,857 |
| 4,698,249 |
Register and
explore Okredo data| 2024 |
|---|
| 20,105,294 |
| 693,286 |
| 339,074 |
| 244,921 |
| 8,446 |
| 10.02 |
| 1.22 |
| 707,450 |
| 4,494,656 |
| 503,857 |
| 4,698,249 |
Register and
explore Okredo dataTurnover (€)
2024
Turnover (€)
20,105,294 €
2 % *
Sales per employee (€)
693,286 €
-5 % *
Profit before tax (€)
339,074 €363 % *
Net Profit (€)
244,921 €261 % *
Profit per employee (€)
8,446 €236 % *
Total profitability (%)
10.02 %27.64 % *
Net profitability (%)
1.22 %248.57 % *
Equity (€)
707,450 €-7 % *
Amounts Payable And Liabilities (€)
4,494,656 €
-10 % *
Non-current Assets (€)
503,857 €
44 % *
Current Assets (€)
4,698,249 €-13 % *
Credit history
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
No. of unpaid debts
0
Largest debt
VID
Amount of unpaid debts
€0.00
Oldest open debt
-
Credit report
Premium users: 1.00 credit
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: 1,269,460 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 895,050 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: 678,020 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | Total amount: 989,710 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2018
| Total amount: 815,520 |
Similar companies
Category:
Media representation servicesComp. code:
40103877815Reg. date:
06/03/2015Turnover:
-No. of employees:
28Category:
Media representation servicesComp. code:
40103641163Reg. date:
25/02/2013Turnover:
-No. of employees:
21Category:
Media representation servicesComp. code:
40103419955Reg. date:
23/05/2011Turnover:
-No. of employees:
28Category:
Media representation servicesComp. code:
40003615516Reg. date:
13/01/2003Turnover:
-No. of employees:
27Category:
Media representation servicesComp. code:
40003343042Reg. date:
21/05/1997Turnover:
-No. of employees:
37