Company register

"Initiative Latvia" SIA

"Initiative Latvia" SIA: registration number 40103273790. It is a registered VAT payer, VAT number LV40103273790, registered for VAT since 15/05/2010. Legal address: Rīga, 13. janvāra iela 33, LV-1050. Registered with the Enterprise Register on 11/02/2010. Enterprise Register and State Revenue Service open data from data.gov.lv, as of 24/09/2026.

Company details

Enterprise Register record
Name
"Initiative Latvia" SIA
Reg. no.
40103273790
VAT no.
LV40103273790
Legal address
Rīga, 13. janvāra iela 33, LV-1050
Legal form
Sabiedrība ar ierobežotu atbildību
Registered
11/02/2010 16 years ago
Activity
7311 • Reklāmas aģentūru darbība
8 more register fields
SEPA identifier
LV84ZZZ40103273790
Share capital
2844.00 EUR
VAT registered since
15/05/2010
Term
Indefinite
Former name
–
Country
Latvija
Foreign reg. no.
–
Data updated
24/09/2026

Turnover and profit

Annual reports

Turnover

2025: 19,653.3 k €

Profit

2025: 787.1 k €

Turnover and profit
YearTurnoverProfit
202519,653,320.00787,102.00
202420,105,294.00244,921.00
202319,648,164.0067,801.00
202217,672,471.00307,426.00
202114,433,277.00484,458.00
20208,311,125.00155,855.00
201910,404,988.00355,089.00
201810,363,382.00333,531.00
20176,717,345.0040,302.00
20163,685,787.0038,577.00
20153,065,046.0010,697.00
20143,235,093.0020,284.00
20132,357,363.0014,000.00
20122,425,145.006,164.00
2011631,090.0011,102.00
2010127,474.002,566.00

Turnover and profit are two charts, each on its own scale, so compare a year within a chart, not across them. Point at a year in either chart or the table to highlight it everywhere.

Taxes paid

Published by VID, 2024
Taxes total 1,591.4k €
everything VID received up 39.4% vs 2023
Payroll taxes 419.1k €
Social contributions 268.7 + PIT 150.4 up 7.8% vs 2023
Other taxes 1,172.4k €
total less social contributions and PIT up 55.8% vs 2023
All periods (6)
Taxes paid, k €
YearSocial contributionsPITOther taxesTaxes total, k €
2024268.7150.41,172.41,591.4
2023248.8139.8752.61,141.3
2022210.3118.3941.71,270.2
2021197.8107.9589.4895.1
2020167.289.0421.9678.0
2019173.793.2722.8989.7

Equity against assets

Assets

2025: 4,885.5 k €

Equity

2025: 1,094.6 k €

Equity against assets
YearAssetsEquity
20254,885,482.001,094,552.00
20245,202,106.00707,450.00
20235,739,857.00762,529.00
20225,692,836.00694,728.00
20215,369,281.00998,246.00
20202,993,683.00513,788.00
20192,978,668.00357,933.00
20182,972,036.00336,375.00
20171,963,695.00160,843.00
20161,553,843.00120,541.00
20151,021,101.0081,964.00
20141,064,140.0071,269.00
2013788,504.0035,832.00
2012574,633.0021,832.00
2011105,816.0015,668.00
201051,257.004,566.00

Equity as a share of assets shows how much of the company it owns outright.

Employees

Annual average

2025: 23

Employees
YearEmployees
202523
202429
202327
202231
202128
202026
201923
201826
201720
201613
201514
201420
201316
201212
20114
20101

Officers and owners

Loading company…

Register checks

14 of 14 clear
Register status
Active
Insolvency proceedings
No
Liquidation
No
Reorganisation
No
Economic activity at VID
No
Sanctions lists
No
Ban on business activity
No
Securing measures
No
VAT payer
Yes
VID tax rating A is the highest of five
A
Employees paid below minimum wage
No
VAT group
Not a member
Annual report
Filed for 2025
Turnover trend From the last two filed reports
Down 2.2%

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Open data from the Latvian Enterprise Register and the State Revenue Service via data.gov.lv. Fakts keeps a local copy and refreshes it nightly. This page collects public records and is not a credit rating. Data updated: 24/09/2026