GF DEVELOPMENT SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 36 059 | 24 473 | 26 599 | 13 635 | 12 626 | 25 707 | 118 484 | 255 341 | 4588 | 8404 | 4335 | 609 | 634 | 139 | 455 | 131 | 18 923 | 7283 |
| Total non-current assets | 208 862 | 255 059 | 274 591 | 274 591 | 274 591 | 274 591 | 390 708 | 390 708 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 | 424 614 |
| Total assets | 244 921 | 279 532 | 301 190 | 288 226 | 287 217 | 300 298 | 509 192 | 646 049 | 429 202 | 433 018 | 428 949 | 425 223 | 425 248 | 424 753 | 425 069 | 424 745 | 443 537 | 431 897 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 373 | 337 | 74 168 | 52 569 | 57 277 | 15 339 | 394 | 0 | 66 713 | 182 | 50 | 50 | 3950 | 7250 | 11 150 | 16 223 | 21 800 | 21 800 |
| Non-current liabilities | 273 832 | 305 331 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 274 205 | 305 668 | 74 168 | 52 569 | 57 277 | 15 339 | 394 | 0 | 66 713 | 182 | 50 | 50 | 3950 | 7250 | 11 150 | 16 223 | 21 800 | 21 800 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -24 203 | 3148 | -6841 | -4365 | -5717 | -2092 | -1004 | 8113 | -2482 | -4653 | -3937 | -3726 | -3875 | -3795 | -3584 | -5397 | -6785 | -11 640 |
| Total equity | -29 284 | -26 136 | 227 022 | 235 657 | 229 940 | 284 959 | 508 798 | 646 049 | 362 489 | 432 836 | 428 899 | 425 173 | 421 298 | 417 503 | 413 919 | 408 522 | 421 737 | 410 097 |
| Income statement | ||||||||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | -4617 | -3832 | -3509 | -1673 | -1835 | -2947 | -5054 | -1383 | -12 804 | -4605 | -3887 | -3676 | -3825 | -3745 | -3534 | -5347 | -6735 | -11 590 |
| Profit before income tax | -24 203 | 3148 | -6841 | -4365 | -5717 | -2092 | -954 | 8113 | -2432 | -4603 | -3887 | -3676 | -3825 | -3745 | -3534 | -5347 | -6735 | -11 590 |
| Profit for the reporting year | -24 203 | 3148 | -6841 | -4365 | -5717 | -2092 | -1004 | 8113 | -2482 | -4653 | -3937 | -3726 | -3875 | -3795 | -3584 | -5397 | -6785 | -11 640 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 281 078 | 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: GF DEVELOPMENT SIA
Overview
GF DEVELOPMENT SIA (reg. no. 40003868587) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Tukuma nov., Tukums, Spartaka iela 16A - 26.
Financial results
There was no revenue in 2025. 2025 ended with a loss of 11 640 €. The company was profitable in 2 of the 18 published years. In 2025 the company had 1 employees. At the end of 2025, total assets were 431 897 € and equity 410 097 € (95,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (80,7%) 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.