SIA "AREA GROUP"Active

40003461725Limited liability companyFounded 1999

Key figures

9092 €-11,5%
Revenue 2021
+2,2%
Average annual growth 2011–2021
05 k10 k15 k’11’12’13’14’15’16’17’18’19’20’21

Ratios

2021
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k’11’12’13’14’15’16’17’18’19’20’21
Summary of financial statements2011–2021
20112012201320142015201620172018201920202021
Balance sheet — assets
Total current assets70381287253122641508486383124575226277
Total non-current assets77053466973110 08510 08510 08510 08510 085960496048604
Total assets14 743475312 26212 34911 59310 57113 91610 330967998308881
Balance sheet — liabilities and equity
Current liabilities25 05525 38835 93955 57356 57616 689474013 22213 06812 26610 558
Non-current liabilities00000014 9020000
Total liabilities25 05525 38835 93955 57356 57616 68919 64213 22213 06812 26610 558
Share capital———————————
Retained earnings of previous periods———————————
Profit for the year-12 227-5095-3086-9617-175939 111393835-497952758
Total equity-15 612-20 707-23 793-43 471-45 230-6118-5726-2892-3389-2436-1677
Income statement
Sales revenue7339581610 56410 629751113 878378313 407896110 2739092
Operating profit-11 995-4992-3077-9617-175939 111462835-497952758
Profit before income tax-12 227-5095-3086-9617-175939 111462835-497952758
Profit for the reporting year-12 227-5095-3086-9617-175939 111393835-497952758
Labour costs———————————
Depreciation of non-current assets———————————
Other indicators
Employees12211111111
Calculated dividend—0000000000

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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51%49%SIA "AREA GROUP"2Jaunzems Ēriks1Erfan Muhammadrizo
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "AREA GROUP"

Overview

SIA "AREA GROUP" (reg. no. 40003461725) is a limited liability company. The company was registered in 1999 and has been in the register for 27 years. Registered address: Rīga, Garā iela 21 - 54.

Financial results

Revenue in 2021 was 9092 €, down 11,5% on the previous year (10 273 €). From 2011 to 2021, revenue grew by an average of 2,2% per year. Net profit for 2021 was 758 € (8,3% of revenue). The company was profitable in 5 of the 11 published years. In 2021 the company had 1 employees. Revenue per employee was 9092 €.

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by a private individual.

Points to note

Equity was negative at the end of 2021 (-1677 €). The latest published annual report is for 2021.

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.