Sabiedrība ar ierobežotu atbildību "LAND DEVELOPMENT"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 1 897 266 | 1 860 367 | 1 845 718 | 1 649 815 | 2 220 371 | 2 230 162 | 2 203 732 | 2 096 414 | 2 089 115 | 2 092 378 | 1 897 765 | 1 803 926 | 1 328 073 | 1 330 159 | 1 329 727 | 1 327 851 |
| Total non-current assets | 60 | 40 | 930 | 767 | 327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 1 897 326 | 1 860 407 | 1 846 648 | 1 650 582 | 2 220 698 | 2 230 162 | 2 203 732 | 2 096 414 | 2 089 115 | 2 092 378 | 1 897 765 | 1 803 926 | 1 328 073 | 1 330 159 | 1 329 727 | 1 327 851 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 125 001 | 167 002 | 301 812 | 250 324 | 235 150 | 163 447 | 188 011 | 194 475 | 197 991 | 280 273 | 259 935 | 271 704 | 58 700 | 66 518 | 71 041 | 72 210 |
| Non-current liabilities | 1 674 051 | 1 656 801 | 1 553 551 | 1 428 972 | 2 011 546 | 2 092 455 | 1 958 631 | 1 791 632 | 1 785 679 | 1 719 891 | 1 541 063 | 1 416 563 | 1 134 261 | 1 132 261 | 1 125 461 | 1 119 461 |
| Total liabilities | 1 799 052 | 1 823 803 | 1 855 363 | 1 679 296 | 2 246 696 | 2 255 902 | 2 146 642 | 1 986 107 | 1 983 670 | 2 000 164 | 1 800 998 | 1 688 267 | 1 192 961 | 1 198 779 | 1 196 502 | 1 191 671 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -57 835 | -61 670 | -45 319 | -19 999 | 14 858 | 260 | 82 830 | 53 217 | -4862 | -13 231 | 4553 | 18 891 | 19 453 | -3732 | 1845 | 2955 |
| Total equity | 98 274 | 36 604 | -8715 | -28 714 | -25 998 | -25 740 | 57 090 | 110 307 | 105 445 | 92 214 | 96 767 | 115 659 | 135 112 | 131 380 | 133 225 | 136 180 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 6088 | 67 786 | 154 303 | 186 835 | 78 730 | 227 984 | 285 422 | 58 127 | 45 078 | 239 028 | 238 183 | 423 019 | 28 015 | 28 113 | 27 871 |
| Operating profit | -101 980 | -124 987 | -97 153 | -63 252 | 49 673 | 34 030 | 111 424 | 78 445 | 17 292 | 9367 | 17 230 | 27 072 | 28 931 | 8016 | 14 976 | 12 360 |
| Profit before income tax | -57 090 | -61 018 | -44 418 | -19 286 | 17 569 | 2369 | 82 830 | 55 353 | -4862 | -13 125 | 4553 | 18 891 | 19 453 | -3732 | 1845 | 2955 |
| Profit for the reporting year | -57 835 | -61 670 | -45 319 | -19 999 | 14 858 | 260 | 82 830 | 53 217 | -4862 | -13 231 | 4553 | 18 891 | 19 453 | -3732 | 1845 | 2955 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 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: Sabiedrība ar ierobežotu atbildību "LAND DEVELOPMENT"
Overview
Sabiedrība ar ierobežotu atbildību "LAND DEVELOPMENT" (reg. no. 40003709188) is a limited liability company. The company was registered in 2004 and has been in the register for 21 years. Registered address: Rīga, Brīvības iela 158 - 1C.
Financial results
Revenue in 2025 was 27 871 €, down 0,9% on the previous year (28 113 €). Net profit for 2025 was 2955 € (10,6% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 1 employees. Revenue per employee was 27 871 €. At the end of 2025, total assets were 1 327 851 € and equity 136 180 € (10,3% 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.