SIA "RD Development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 416 017 | 47 231 | 14 818 | 6205 | 14 872 | 45 973 | 125 590 | 186 015 | 76 443 | 175 765 | 99 660 | 116 408 | 34 288 | 62 531 | 74 643 |
| Total non-current assets | 2 654 243 | 2 478 951 | 2 307 023 | 3 029 402 | 2 780 707 | 2 531 589 | 2 282 485 | 2 266 165 | 2 199 722 | 2 118 688 | 2 109 391 | 2 016 173 | 1 931 891 | 2 163 479 | 2 062 947 |
| Total assets | 3 070 260 | 2 526 182 | 2 321 841 | 3 035 607 | 2 795 579 | 2 577 562 | 2 408 075 | 2 452 180 | 2 276 165 | 2 294 453 | 2 209 051 | 2 132 581 | 1 966 179 | 2 226 010 | 2 137 590 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 436 313 | 459 571 | 770 610 | 708 081 | 752 419 | 446 827 | 494 392 | 78 964 | 84 884 | 81 321 | 91 409 | 79 506 | 71 418 | 277 170 | 391 859 |
| Non-current liabilities | 2 452 683 | 2 147 053 | 1 806 539 | 3 165 146 | 3 387 383 | 3 862 683 | 3 667 970 | 4 063 687 | 153 905 | 168 905 | 100 000 | 50 000 | 0 | 0 | 0 |
| Total liabilities | 2 888 996 | 2 606 624 | 2 577 149 | 3 873 227 | 4 139 802 | 4 309 510 | 4 162 362 | 4 142 651 | 238 789 | 250 226 | 191 409 | 129 506 | 71 418 | 277 170 | 391 859 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -13 263 | -261 706 | -174 866 | -474 350 | -506 603 | -387 725 | -22 338 | 51 380 | 3 727 849 | 6850 | -180 491 | -14 567 | -42 581 | 54 078 | -203 109 |
| Total equity | 181 264 | -80 442 | -255 308 | -837 620 | -1 344 223 | -1 731 948 | -1 754 287 | -1 690 471 | 2 037 376 | 2 044 227 | 2 017 642 | 2 003 075 | 1 894 761 | 1 948 840 | 1 745 731 |
| Income statement | |||||||||||||||
| Sales revenue | 310 023 | 120 | 27 811 | 128 954 | 91 291 | 45 513 | 83 101 | 166 365 | 174 624 | 174 645 | 178 873 | 195 780 | 189 074 | 264 075 | 60 578 |
| Operating profit | 19 230 | -217 911 | -180 201 | -412 268 | -448 542 | -349 420 | -261 898 | 51 380 | 3 727 891 | 6870 | -180 491 | -7378 | -23 516 | 54 077 | -203 109 |
| Profit before income tax | -43 194 | -266 452 | -211 892 | -449 887 | -486 534 | -387 725 | -5758 | 51 380 | 3 727 849 | 6850 | -180 491 | -14 567 | -26 148 | 54 078 | -203 109 |
| Profit for the reporting year | -13 263 | -261 706 | -174 866 | -474 350 | -506 603 | -387 725 | -22 338 | 51 380 | 3 727 849 | 6850 | -180 491 | -14 567 | -42 581 | 54 078 | -203 109 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65 733 | 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 "RD Development"
Overview
SIA "RD Development" (reg. no. 40003648324) is a limited liability company. The company was registered in 2003 and has been in the register for 23 years. Registered address: Rīga, Dzirnavu iela 37 - 54.
Financial results
Revenue in 2025 was 60 578 €, down 77,1% on the previous year (264 075 €). From 2011 to 2025, revenue declined by an average of 11,0% per year. 2025 ended with a loss of 203 109 €. The company was profitable in 4 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 60 578 €. At the end of 2025, total assets were 2 137 590 € and equity 1 745 731 € (81,7% 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.