Sabiedrība ar ierobežotu atbildību "Labs Projekts"Active

40003673957Limited liability companyFounded 2004

Key figures

435 539 €+6,0%
Revenue 2025
+33,4%
Average annual growth 2011–2025
0200 k400 k600 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m3 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 139 501 € (40% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~139 501 €
2024 ~146 138 €
2023 ~119 971 €
2022 ~43 616 €
2021 ~94 500 €
20200 €
2019 ~53 071 €
20180 €
20170 €
20160 €
20150 €
20140 €
20130 €
20120 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets18 39317 41920 96550 02835 05533 770141 035146 623174 525177 908238 736252 319348 630345 312301 813
Total non-current assets101 76090 76057 8831 861 6751 926 9741 999 7891 800 4821 688 4261 771 3741 642 2541 575 5771 459 0491 354 0941 357 3511 289 369
Total assets120 153108 17978 8481 911 7031 962 0292 033 5591 941 5171 835 0491 945 8991 820 1621 814 3131 711 3681 702 7241 702 6631 591 182
Balance sheet — liabilities and equity
Current liabilities28313180936108 38879 139137 674194 169792640 42525 67034 31053 376114 773220 252129 586
Non-current liabilities47 84743 45540 0841 770 9401 800 4091 729 2911 584 7031 378 3611 455 6891 315 8271 331 2631 178 0041 204 0391 132 8861 181 605
Total liabilities50 67846 63541 0201 879 3281 879 5481 866 9651 778 8721 386 2871 496 1141 341 4971 365 5731 231 3801 318 8121 353 1381 311 191
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-6665-7931-23 714-21 44950 09284 113-3950286 11754 09428 87964 57574 86423 895111 75169 967
Total equity69 47561 54437 82832 37582 481166 594162 645448 762449 785478 665448 740479 988383 912349 525279 991
Income statement
Sales revenue7735808960176306207 852320 918319 939339 922356 963366 745317 574380 230398 183411 009435 539
Operating profit-6615-6640-22 612-21 44950 09283 396-6072286 46754 09428 87975 803117 141106 279184 661144 353
Profit before income tax-6665-6640-22 612-21 44950 09284 113-3950286 46754 09428 87973 35083 83247 301133 41595 947
Profit for the reporting year-6665-7931-23 714-21 44950 09284 113-3950286 11754 09428 87964 57574 86423 895111 75169 967
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees111112145677888
Calculated dividend—000000053 071094 50043 616119 971146 138139 501

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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50%50%Sabiedrība ar ierobež…9+Grūtups Viktors1Šķilters Raitis
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Summary: Sabiedrība ar ierobežotu atbildību "Labs Projekts"

Overview

Sabiedrība ar ierobežotu atbildību "Labs Projekts" (reg. no. 40003673957) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Siguldas nov., Inčukalna pag., Krustiņi, "Vītiņkalni".

Financial results

Revenue in 2025 was 435 539 €, up 6,0% on the previous year (411 009 €). From 2011 to 2025, revenue grew by an average of 33,4% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 69 967 € (16,1% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 8 employees. Revenue per employee was 54 442 €. At the end of 2025, total assets were 1 591 182 € and equity 279 991 € (17,6% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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.