SIA "Need IT"
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Legal status
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Website
-Latest events
from (18/11/2021)
2024-08-28
Change of legal address2024-08-28
Change of equity capital2024-08-28
Change in members2024-08-28
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
2Debts
0.00 €
0 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
150-200 k €
+42.78 %Business linkages
3Linkages with other companies
Financial ratios
Net Profit (€)
98,236
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 (€)
98,236EBITDA 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 |
|---|
| 105,196 |
| 52,598 |
| 45,202 |
| 45,202 |
| 22,601 |
| 43.80 |
| 42.97 |
| 58,506 |
| 7,290 |
| 6,305 |
| 59,491 |
| 2024 |
|---|
| 135,901 |
| 67,951 |
| 46,796 |
| 46,777 |
| 23,389 |
| 35.66 |
| 34.42 |
| 105,283 |
| 8,840 |
| 15,032 |
| 99,091 |
| 2025 |
|---|
| 194,033 |
| 97,017 |
| 104,679 |
| 98,236 |
| 49,118 |
| 55.65 |
| 50.63 |
| 177,749 |
| 7,082 |
| 40,791 |
| 144,040 |
Enjoy unlimited use
with Freemium unlimited| 2025 |
|---|
| 194,033 |
| 97,017 |
| 104,679 |
| 98,236 |
| 49,118 |
| 55.65 |
| 50.63 |
| 177,749 |
| 7,082 |
| 40,791 |
| 144,040 |
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with Freemium unlimitedTurnover (€)
2025
Turnover (€)
194,033 €
43 % *
Sales per employee (€)
97,017 €43 % *
Profit before tax (€)
104,679 €124 % *
Net Profit (€)
98,236 €110 % *
Profit per employee (€)
49,118 €110 % *
Total profitability (%)
55.65 %56.06 % *
Net profitability (%)
50.63 %47.09 % *
Equity (€)
177,749 €69 % *
Amounts Payable And Liabilities (€)
7,082 €
-20 % *
Non-current Assets (€)
40,791 €
171 % *
Current Assets (€)
144,040 €45 % *
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
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: 4,400 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: 0 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | No data provided by the national tax authority |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2019 | No data provided by the national tax authority |
| 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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1Frequently Asked Questions
What is the current status of SIA "Need IT"?
SIA "Need IT" is currently Registered. It was registered on 04/03/2022.
What is SIA "Need IT" registered address?
SIA "Need IT" registered address is Antonijas iela 9 – 12A, Rīga, LV-1010.
What is SIA "Need IT" activity?
SIA "Need IT" operates in Computer programming (62.10 - NACE 2.1).
How many employees does SIA "Need IT" have?
SIA "Need IT" has 2 employees (2025).
Is SIA "Need IT" a reliable company?
SIA "Need IT" 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 SIA "Need IT"?
SIA "Need IT" reported a turnover of 194,033 EUR in 2025.
Does SIA "Need IT" have any current state debt?
SIA "Need IT" currently has no outstanding state debt.