SIA "NORD"Active

40003011364Limited liability companyFounded 1991

Key figures

101 401 €+46,0%

Revenue 2025

-5,4%

Average annual change 2010–2025

Ratios

2025

-22,6%

Profit margin

-2,2%

Equity ratio

0,4×

Current ratio

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Summary of financial statements2010–2025

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	171 551	162 918	41 054	12 894	45 325	46 097	41 210	15 395	23 242	11 713	11 080	3416	3671	13 249	20 564	26 712
Total non-current assets	92 532	76 761	195 648	464 177	636 558	427 990	408 417	385 416	376 138	369 967	360 478	350 548	341 322	332 690	329 274	322 781
Total assets	264 083	239 679	236 702	477 071	681 883	474 087	449 627	400 811	399 380	381 680	371 558	353 964	344 993	345 939	349 838	349 493
Balance sheet — liabilities and equity
Current liabilities	153 336	105 933	110 920	147 729	81 336	80 996	85 489	84 604	45 753	46 351	51 507	46 221	53 824	55 832	58 897	62 663
Non-current liabilities	196 488	270 582	256 031	94 422	287 576	191 230	196 230	202 230	245 454	250 694	272 191	292 720	314 165	302 215	275 569	294 360
Total liabilities	349 824	376 515	366 951	242 151	368 912	272 226	281 719	286 834	291 207	297 045	323 698	338 941	367 989	358 047	334 466	357 023
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-117 018	-47 789	6587	-51 187	-21 289	-111 109	-33 953	-53 931	-5804	-23 538	-36 775	-32 837	-38 019	10 888	27 480	-22 903
Total equity	-89 047	-136 836	-130 249	234 920	312 971	201 861	167 908	113 977	108 173	84 635	47 860	15 023	-22 996	-12 108	15 372	-7530
Income statement
Sales revenue	232 549	41 730	54 998	50 838	88 120	94 888	85 572	76 708	86 108	71 314	60 884	45 221	58 428	67 667	69 440	101 401
Operating profit	-94 795	-27 353	21 198	-43 606	-11 106	-100 102	-33 953	-53 931	-5804	-23 538	-36 775	-32 837	-38 019	10 888	-20 865	-24 318
Profit before income tax	-107 047	-38 094	15 449	-44 109	-11 218	-100 102	-33 953	-53 931	-5804	-23 538	-36 775	-32 837	-38 019	10 888	27 480	-22 903
Profit for the reporting year	-117 018	-47 789	6587	-51 187	-21 289	-111 109	-33 953	-53 931	-5804	-23 538	-36 775	-32 837	-38 019	10 888	27 480	-22 903
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	24	11	6	6	4	3	4	3	4	4	4	4	4	5	6	5
Calculated dividend	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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Summary: SIA "NORD"

Overview

SIA "NORD" (reg. no. 40003011364) is a limited liability company. The company was registered in 1991 and has been in the register for 35 years. Registered address: Rīga, Ganību dambis 23A.

Financial results

Revenue in 2025 was 101 401 €, up 46,0% on the previous year (69 440 €). From 2010 to 2025, revenue declined by an average of 5,4% per year. 2025 ended with a loss of 22 903 €. The company was profitable in 3 of the 16 published years. In 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 20 280 €.

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (80%) is held by Būvfirma PJM, SIA.

Points to note

Equity was negative at the end of 2025 (-7530 €).

Data sources and freshness

Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.