Sabiedrība ar ierobežotu atbildību "Solid Reason"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 413 096 | 602 685 | 591 496 | 620 618 | 625 736 | 661 401 | 735 208 | 833 220 | 841 785 | 859 539 | 986 624 | 1 235 107 | 1 117 857 |
| Total non-current assets | 509 | 224 | 0 | 4576 | 14 672 | 31 066 | 65 279 | 53 525 | 52 782 | 35 087 | 26 391 | 22 789 | 20 682 |
| Total assets | 413 605 | 602 909 | 591 496 | 625 194 | 640 408 | 692 467 | 800 487 | 886 745 | 894 567 | 894 626 | 1 013 015 | 1 257 896 | 1 138 539 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 113 673 | 163 725 | 158 880 | 196 666 | 199 879 | 95 647 | 107 765 | 136 213 | 80 877 | 133 658 | 169 757 | 124 413 | 55 673 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 113 673 | 163 725 | 158 880 | 196 666 | 199 879 | 95 647 | 107 765 | 136 213 | 80 877 | 133 658 | 169 757 | 124 413 | 55 673 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 19 143 | 24 116 | -7118 | 1526 | 12 002 | 189 624 | 225 346 | 99 811 | 166 805 | -52 722 | 82 290 | 290 225 | -116 642 |
| Total equity | 293 544 | 434 120 | 427 002 | 428 528 | 440 529 | 596 820 | 692 722 | 750 532 | 813 690 | 760 968 | 843 258 | 1 133 483 | 1 038 317 |
| Income statement | |||||||||||||
| Sales revenue | 241 129 | 302 340 | 150 522 | 254 291 | 501 852 | 777 276 | 706 588 | 554 850 | 315 590 | 98 567 | 120 009 | 341 576 | 60 400 |
| Operating profit | 25 513 | 27 718 | -7118 | 1526 | 12 446 | 189 999 | 225 346 | 99 811 | 144 729 | -77 588 | 82 728 | 290 300 | -138 557 |
| Profit before income tax | 25 513 | 27 718 | -7118 | 1526 | 12 446 | 189 999 | 225 346 | 99 811 | 166 805 | -52 722 | 82 290 | 290 225 | -116 642 |
| Profit for the reporting year | 19 143 | 24 116 | -7118 | 1526 | 12 002 | 189 624 | 225 346 | 99 811 | 166 805 | -52 722 | 82 290 | 290 225 | -116 642 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 3 | 2 | 2 | 2 | 4 | 8 | 8 | 6 | 5 | 2 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 33 333 | 129 444 | 42 001 | 103 647 | 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 "Solid Reason"
Overview
Sabiedrība ar ierobežotu atbildību "Solid Reason" (reg. no. 40003871572) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Klīveru iela 1 - 59.
Financial results
Revenue in 2025 was 60 400 €, down 82,3% on the previous year (341 576 €). From 2013 to 2025, revenue declined by an average of 10,9% per year. This is the company's lowest revenue among the published years (2013–2025). 2025 ended with a loss of 116 642 €. The company was profitable in 10 of the 13 published years. In 2025 the company had 1 employees. Revenue per employee was 60 400 €. At the end of 2025, total assets were 1 138 539 € and equity 1 038 317 € (91,2% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (74,3%) 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.