SIA "SEASIDE DEVELOPMENT"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 321 171 | 7471 | 126 375 | 604 544 | 1 360 842 | 152 292 | 3 571 054 | 5 590 560 | 1 938 313 | 848 000 | 337 236 | 609 461 | 587 963 | 433 795 |
| Total non-current assets | 157 531 | 320 358 | 1 031 468 | 1 373 815 | 1 716 824 | 3 482 135 | 159 821 | 145 521 | 178 816 | 45 414 | 28 440 | 41 522 | 32 130 | 71 133 |
| Total assets | 478 702 | 327 829 | 1 157 843 | 1 978 359 | 3 077 666 | 3 634 427 | 3 730 875 | 5 736 081 | 2 117 129 | 893 414 | 365 676 | 650 983 | 620 093 | 504 928 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 111 964 | 109 634 | 900 197 | 1 757 168 | 413 988 | 3 411 926 | 3 521 109 | 5 363 741 | 3 128 740 | 1 855 618 | 1 347 678 | 1 625 696 | 1 624 972 | 1 155 459 |
| Non-current liabilities | 63 513 | 23 501 | 16 611 | 0 | 2 430 815 | 0 | 0 | 184 900 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 175 477 | 133 135 | 916 808 | 1 757 168 | 2 844 803 | 3 411 926 | 3 521 109 | 5 548 641 | 3 128 740 | 1 855 618 | 1 347 678 | 1 625 696 | 1 624 972 | 1 155 459 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -20 335 | -33 393 | -35 987 | -19 844 | 11 672 | -10 362 | -12 735 | -22 326 | -1 199 051 | 49 407 | -19 798 | 7289 | -30 166 | 840 639 |
| Total equity | 303 225 | 194 694 | 241 035 | 221 191 | 232 863 | 222 501 | 209 766 | 187 440 | -1 011 611 | -962 204 | -982 002 | -974 713 | -1 004 879 | -650 531 |
| Income statement | ||||||||||||||
| Sales revenue | 25 700 | 33 737 | 53 034 | 54 409 | 74 411 | 62 259 | 44 164 | 16 858 | 2 279 967 | 23 058 | 26 763 | 40 149 | 23 418 | 32 122 |
| Operating profit | -20 335 | -28 684 | -30 473 | -15 256 | 12 217 | -10 066 | -12 551 | -22 288 | -1 199 051 | 49 407 | -19 798 | 7289 | -30 166 | 840 639 |
| Profit before income tax | -20 335 | -31 376 | -32 990 | -16 796 | 11 672 | -10 362 | -12 620 | -22 288 | -1 199 051 | 49 407 | -19 798 | 7289 | -30 166 | 840 639 |
| Profit for the reporting year | -20 335 | -33 393 | -35 987 | -19 844 | 11 672 | -10 362 | -12 735 | -22 326 | -1 199 051 | 49 407 | -19 798 | 7289 | -30 166 | 840 639 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 4 | 3 | 3 | 4 | 6 | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 4 |
| Calculated dividend | — | — | 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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Related companies
- SIA "AGROBALT CORPORATION" — 100%
Summary: SIA "SEASIDE DEVELOPMENT"
Overview
SIA "SEASIDE DEVELOPMENT" (reg. no. 40003751109) is a limited liability company. The company was registered in 2005 and has been in the register for 21 years. Registered address: Jūrmala, Lienes iela 7.
Financial results
Revenue in 2025 was 32 122 €, up 37,2% on the previous year (23 418 €). From 2010 to 2025, revenue grew by an average of 1,7% per year. Net profit for 2025 was 840 639 € (2617% of revenue). The company was profitable in 4 of the 14 published years. In 2025 the company had 4 employees. Revenue per employee was 8031 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-650 531 €).
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.