SIA "Frame House group"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 12 412 | 13 383 | 14 563 | 11 736 | 16 288 | 10 634 | 11 628 | 12 968 | 16 651 | 10 315 | 393 | 415 | 243 886 | 324 006 | 281 460 | 656 181 | 322 048 | 411 558 |
| Total non-current assets | 8841 | 8478 | 8333 | 8204 | 8140 | 8140 | 11 582 | 11 582 | 0 | 357 | 278 | 199 | 41 000 | 72 383 | 117 183 | 146 211 | 172 244 | 259 131 |
| Total assets | 21 253 | 21 861 | 22 896 | 19 940 | 24 428 | 18 774 | 23 210 | 24 550 | 16 651 | 10 672 | 671 | 614 | 284 886 | 396 389 | 398 643 | 802 392 | 494 292 | 670 689 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 9656 | 19 554 | 18 776 | 6674 | 8492 | 12 346 | 8133 | 9761 | 8411 | 15 147 | 1679 | 1707 | 216 946 | 329 435 | 232 396 | 519 136 | 189 856 | 288 268 |
| Non-current liabilities | 55 413 | 70 000 | 70 000 | 45 123 | 43 724 | 33 223 | 52 123 | 49 324 | 50 124 | 50 124 | 66 044 | 66 044 | 66 044 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 65 069 | 89 554 | 88 776 | 51 797 | 52 216 | 45 569 | 60 256 | 59 085 | 58 535 | 65 271 | 67 723 | 67 751 | 282 990 | 329 435 | 232 396 | 519 136 | 189 856 | 288 268 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -19 738 | -23 533 | 1497 | 34 442 | 3808 | 794 | 1375 | 2532 | 5258 | -12 715 | -12 453 | -85 | 69 033 | 65 058 | 99 293 | 117 009 | 21 182 | 77 985 |
| Total equity | -44 746 | -68 279 | -66 782 | -32 340 | -28 532 | -27 738 | -38 092 | -35 560 | -41 884 | -54 599 | -67 052 | -67 137 | 1896 | 66 954 | 166 247 | 283 256 | 304 436 | 382 421 |
| Income statement | ||||||||||||||||||
| Sales revenue | 269 824 | 170 372 | 136 656 | 134 096 | 121 933 | 140 951 | 220 619 | 215 240 | 199 536 | 182 986 | 63 256 | 0 | 94 899 | 2 232 294 | 3 940 025 | 4 413 728 | 3 570 554 | 2 600 580 |
| Operating profit | -23 031 | -23 516 | -17 369 | -15 655 | -17 809 | -11 680 | -18 402 | -23 332 | 5258 | -12 715 | -12 453 | -35 | 69 083 | 109 940 | 100 007 | 118 114 | 21 182 | 77 985 |
| Profit before income tax | -23 030 | -23 533 | 1693 | 34 608 | 3945 | 794 | 1375 | 2532 | 5258 | -12 715 | -12 453 | -35 | 69 083 | 108 842 | 99 293 | 117 009 | 21 182 | 77 985 |
| Profit for the reporting year | -19 738 | -23 533 | 1497 | 34 442 | 3808 | 794 | 1375 | 2532 | 5258 | -12 715 | -12 453 | -85 | 69 033 | 65 058 | 99 293 | 117 009 | 21 182 | 77 985 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 9 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 5 | 5 | 5 | 0 | 1 | 10 | 13 | 12 | 22 | 22 |
| Calculated dividend | 0 | 0 | 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 "Frame House group"
Overview
SIA "Frame House group" (reg. no. 40003518117) is a limited liability company. The company was registered in 2000 and has been in the register for 25 years. Registered address: Ādažu nov., Carnikavas pag., Kalngale, Cielavu iela 16.
Financial results
Revenue in 2025 was 2 600 580 €, down 27,2% on the previous year (3 570 554 €). From 2008 to 2025, revenue grew by an average of 14,3% per year. Net profit for 2025 was 77 985 € (3,0% of revenue). The company was profitable in 13 of the 18 published years. In 2025 the company had 22 employees. Revenue per employee was 118 208 €. At the end of 2025, total assets were 670 689 € and equity 382 421 € (57,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.