SIA "TimArt"
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Legal status
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-Latest events
from (18/11/2021)
2026-02-09
Entity was removed2026-01-05
Change in officers2026-01-05
Unidentified type of change2025-08-26
Change in securing measuresSuspensions
Type of suspension (date)
Economic activity suspended (2025-08-26)Result of suspension (date)
Liquidated (2026-02-09)
Register and unlock the potential of dataReliability
Register and check the change of employees’ number over the years
Number of employees
3Debts
18,782.93 €
+2,313.25 €* during past year
Register and check if company had lawsuits over the years
Lawsuits as defendant
0
Credit limit
***** €
Turnover
10-30 k €
-84.03 %Business linkages
2Linkages with other companies
Financial ratios
Net Profit (€)
-24,204
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 (€)
-24,204EBITDA 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. |
| 2022 |
|---|
| 145,410 |
| 145,410 |
| -6,397 |
| -6,397 |
| -6,397 |
| -3.43 |
| -4.40 |
| 6,354 |
| 4,534 |
| 0 |
| 10,888 |
| 2023 |
|---|
| 187,438 |
| 93,719 |
| 41,445 |
| 41,445 |
| 20,723 |
| 23.32 |
| 22.11 |
| 47,799 |
| 12,274 |
| 902 |
| 59,171 |
| 2024 |
|---|
| 29,929 |
| 9,976 |
| -24,204 |
| -24,204 |
| -8,068 |
| -52.16 |
| -80.87 |
| 23,595 |
| 25,911 |
| 431 |
| 49,075 |
Enjoy unlimited use
with Freemium unlimited| 2024 |
|---|
| 29,929 |
| 9,976 |
| -24,204 |
| -24,204 |
| -8,068 |
| -52.16 |
| -80.87 |
| 23,595 |
| 25,911 |
| 431 |
| 49,075 |
Enjoy unlimited use
with Freemium unlimitedTurnover (€)
2024
Turnover (€)
29,929 €
-84 % *
Sales per employee (€)
9,976 €-89 % *
Profit before tax (€)
-24,204 €-158 % *
Net Profit (€)
-24,204 €-158 % *
Profit per employee (€)
-8,068 €-139 % *
Total profitability (%)
-52.16 %-323.67 % *
Net profitability (%)
-80.87 %-465.76 % *
Equity (€)
23,595 €-51 % *
Amounts Payable And Liabilities (€)
25,911 €
111 % *
Non-current Assets (€)
431 €
-52 % *
Current Assets (€)
49,075 €-17 % *
Credit history
No. of unpaid debts
1
Largest debt
VID
Amount of unpaid debts
€18,782.93
Oldest open debt
-
No. of unpaid debts
1
Largest debt
VID
Amount of unpaid debts
€18,782.93
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: 1,700 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2021 | Total amount: -300 |
| Total amount of taxes administered by the SRS and paid by taxpayers within the tax year 2020 | Total amount: 0 |
| 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 "TimArt"?
SIA "TimArt" is currently Unregistered. It was registered on 01/03/2021 and dissolved on 09/02/2026.
What is SIA "TimArt" registered address?
SIA "TimArt" registered address is Gaujas iela 43 – 20, Rīga, LV-1026.
What is SIA "TimArt" activity?
SIA "TimArt" operates in Specialized construction work not elsewhere classified (43.99 - NACE 2.1).
How many employees does SIA "TimArt" have?
SIA "TimArt" has 3 employees (2024).
What is the annual turnover of SIA "TimArt"?
SIA "TimArt" reported a turnover of 29,929 EUR in 2024.
Does SIA "TimArt" have any current state debt?
SIA "TimArt" currently has an outstanding state debt of 18,782.93 €.