Sabiedrība ar ierobežotu atbildību "Development Projects"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2010–2024
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 168 153 | 615 970 | 2 471 168 | 392 287 | 404 708 | 561 297 | 682 468 | 618 305 | 539 459 | 131 624 | 164 348 | 263 561 | 138 085 | 147 483 | 174 857 |
| Total non-current assets | 6 020 004 | 7 326 542 | 12 596 852 | 13 483 975 | 18 323 133 | 17 388 223 | 16 367 576 | 15 000 275 | 14 135 904 | 13 278 738 | 12 454 008 | 11 662 730 | 10 858 013 | 10 050 873 | 9 224 790 |
| Total assets | 6 188 157 | 7 942 512 | 15 068 020 | 13 876 262 | 18 727 841 | 17 949 520 | 17 050 044 | 15 618 580 | 14 675 363 | 13 410 362 | 12 618 356 | 11 926 291 | 10 996 098 | 10 198 356 | 9 399 647 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 61 259 | 39 243 | 639 949 | 48 067 | 80 310 | 312 383 | 289 173 | 586 603 | 32 028 | 51 284 | 47 376 | 108 283 | 94 181 | 75 928 | 62 145 |
| Non-current liabilities | 6 695 118 | 8 576 855 | 15 317 381 | 15 054 836 | 20 721 092 | 19 940 949 | 19 146 948 | 18 215 965 | 17 845 050 | 16 484 255 | 15 847 989 | 15 594 486 | 14 922 866 | 14 264 403 | 13 679 401 |
| Total liabilities | 6 756 377 | 8 616 098 | 15 957 330 | 15 102 903 | 20 801 402 | 20 253 332 | 19 436 121 | 18 802 568 | 17 877 078 | 16 535 539 | 15 895 365 | 15 702 769 | 15 017 047 | 14 340 331 | 13 741 546 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -103 673 | -107 242 | -215 079 | -337 854 | -326 389 | -245 110 | -66 728 | -847 911 | -17 727 | 76 538 | -151 832 | -499 469 | -244 472 | -121 024 | -199 925 |
| Total equity | -568 220 | -675 462 | -890 541 | -1 228 395 | -2 074 239 | -2 319 349 | -2 386 077 | -3 183 988 | -3 201 715 | -3 125 177 | -3 277 009 | -3 776 478 | -4 020 949 | -4 141 975 | -4 341 899 |
| Income statement | |||||||||||||||
| Sales revenue | 0 | 36 851 | 6462 | 479 471 | 1 223 605 | 1 307 793 | 1 193 226 | 1 111 572 | 1 128 913 | 1 152 454 | 927 335 | 699 160 | 1 168 287 | 1 295 988 | 1 213 798 |
| Operating profit | -101 238 | -95 622 | -122 362 | -329 858 | -220 503 | -139 186 | -66 728 | -637 259 | -17 727 | 76 619 | -151 832 | -499 469 | -244 472 | -121 024 | -199 925 |
| Profit before income tax | -101 291 | -104 264 | -211 357 | -331 413 | -220 422 | -139 185 | -66 728 | -847 911 | -17 727 | 76 619 | -151 832 | -499 469 | -244 472 | -121 024 | -199 925 |
| Profit for the reporting year | -103 673 | -107 242 | -215 079 | -337 854 | -326 389 | -245 110 | -66 728 | -847 911 | -17 727 | 76 538 | -151 832 | -499 469 | -244 472 | -121 024 | -199 925 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 5 | 1 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 | 5 |
| Calculated dividend | 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: Sabiedrība ar ierobežotu atbildību "Development Projects"
Overview
Sabiedrība ar ierobežotu atbildību "Development Projects" (reg. no. 40003459449) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Rīga, Skanstes iela 7 k-1.
Financial results
Revenue in 2024 was 1 213 798 €, down 6,3% on the previous year (1 295 988 €). 2024 ended with a loss of 199 925 €. The company was profitable in 1 of the 15 published years. In 2024 the company had 5 employees (4 a year earlier). Revenue per employee was 242 760 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2024 (-4 341 899 €).
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.