Sabiedrība ar ierobežotu atbildību "FORUM DEVELOPMENT"Active

40003367303Limited liability companyFounded 1997

Key figures

866 727 €+3030,0%
Revenue 2025
+24,1%
Average annual growth 2009–2025
0500 k1 m1,5 m’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
2022 ~200 000 €
20210 €
20200 €
20190 €
20180 €
20170 €
2016 ~3088 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
20090 €
Summary of financial statements2009–2025
20092010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets63 90456 03155 95054 58552 551909023257362581997024 74777 960283 027176 515580 7821 412 9601 466 588
Total non-current assets182 068162 318142 003133 120140 818186 051144 046188 781231 0452 160 2752 287 0432 234 9212 223 4392 268 3302 195 3782 117 1451 955 679
Total assets245 972218 349197 953187 705193 369195 141146 371189 517233 6262 170 2452 311 7902 312 8812 506 4662 444 8452 776 1603 530 1053 422 267
Balance sheet — liabilities and equity
Current liabilities12 33513 12735 92230 80326 67134 3773442153 13946 67599455568805868 125447 636380 670884 331671 523
Non-current liabilities185 539153 527135 587133 131140 128124 950106 6740110 585256 812373 010234 425372 31075 5850303 041319 500
Total liabilities197 874166 654171 509163 934166 799159 327110 116153 139157 260266 757378 578242 483440 435523 221380 6701 187 372991 023
Share capital—————————————————
Retained earnings of previous periods—————————————————
Profit for the year-5483597-25 251-35211860551441321139 99133 27129 724137 186-436755 593473 868-52 75588 511
Total equity48 09851 69526 44422 92324 78335 81436 25536 37876 3661 903 4881 933 2122 070 3982 066 0311 921 6242 395 4902 342 7332 431 244
Income statement
Sales revenue27 36137 69612 84835 67845 71651 91813 94671 960183 940165 709143 53087 043109 693337 4031 357 70427 691866 727
Operating profit6574382-24 365-2966238012801163500746 23533 27129 724137 186-436755 643473 918-52 75588 511
Profit before income tax-9243825-24 753-3084235412801163500746 23533 27129 724137 186-436755 643473 918-52 75588 511
Profit for the reporting year-5483597-25 251-35211860551441321139 99133 27129 724137 186-436755 593473 868-52 75588 511
Labour costs—————————————————
Depreciation of non-current assets—————————————————
Other indicators
Employees32355521111110011
Calculated dividend0000000308800000200 000000

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

Connections graph

Click a node to see its other connections.

100%100%100%50%50%Sabiedrība ar ierobež…8Reinhards IvarsSIA "Forum Moduls"SIA "WWL NOR"Sabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Sabiedrība ar ierobežotu atbildību "FORUM DEVELOPMENT"

Overview

Sabiedrība ar ierobežotu atbildību "FORUM DEVELOPMENT" (reg. no. 40003367303) is a limited liability company. The company was registered in 1997 and has been in the register for 28 years. Registered address: Jelgavas nov., Kalnciema pag., Kalnciems, Jelgavas iela 27.

Financial results

Revenue in 2025 was 866 727 €, up 3030% on the previous year (27 691 €). From 2009 to 2025, revenue grew by an average of 24,1% per year. Net profit for 2025 was 88 511 € (10,2% of revenue). The company was profitable in 12 of the 17 published years. In 2025 the company had 1 employees. Revenue per employee was 866 727 €. At the end of 2025, total assets were 3 422 267 € and equity 2 431 244 € (71,0% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 3 active Latvian companies.

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.