Sabiedrība ar ierobežotu atbildību "MASTER DEVELOPMENT"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 1870 | 1201 | 8022 | 748 | 49 815 | 101 285 | 105 524 | 93 620 | 33 659 | 133 819 | 33 704 | 46 797 | 22 546 | 14 995 |
| Total non-current assets | 0 | 0 | 0 | 0 | 5242 | 16 198 | 35 791 | 26 072 | 24 217 | 18 586 | 15 953 | 10 340 | 5882 | 6695 |
| Total assets | 1870 | 1201 | 8022 | 748 | 55 057 | 117 483 | 141 315 | 119 692 | 57 876 | 152 405 | 49 657 | 57 137 | 28 428 | 21 690 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 0 | 0 | 0 | 5358 | 10 672 | 14 417 | 7141 | 63 350 | 3864 | 126 106 | 16 373 | 31 672 | 35 890 | 15 948 |
| Non-current liabilities | 23 | 20 | 9093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 23 | 20 | 9093 | 5358 | 10 672 | 14 417 | 7141 | 63 350 | 3864 | 126 106 | 16 373 | 31 672 | 35 890 | 15 948 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3 | -666 | -2753 | -3538 | 48 995 | 100 220 | 31 108 | 22 388 | -2166 | 9625 | -682 | 17 199 | -32 927 | 13 204 |
| Total equity | 1847 | 1181 | -1071 | -4610 | 44 385 | 103 066 | 134 174 | 56 342 | 53 994 | 26 281 | 33 266 | 25 465 | -7462 | 5742 |
| Income statement | ||||||||||||||
| Sales revenue | 0 | 1420 | 34 634 | 16 554 | 129 305 | 380 978 | 249 538 | 322 016 | 157 614 | 207 062 | 190 758 | 161 048 | 9717 | 46 602 |
| Operating profit | -3 | -644 | -2753 | -3533 | 56 466 | 117 695 | 31 211 | 23 190 | -1910 | 18 901 | 478 | 24 064 | -30 994 | 13 204 |
| Profit before income tax | -3 | -666 | -2753 | -3538 | 56 368 | 117 628 | 31 129 | 22 495 | -2123 | 17 856 | -682 | 23 555 | -32 927 | 13 204 |
| Profit for the reporting year | -3 | -666 | -2753 | -3538 | 48 995 | 100 220 | 31 108 | 22 388 | -2166 | 9625 | -682 | 17 199 | -32 927 | 13 204 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 3 | 5 | 5 | 5 | 3 | 3 | 3 | 3 | 2 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 41 539 | 0 | 100 220 | 0 | 37 338 | 0 | 25 000 | 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 "MASTER DEVELOPMENT"
Overview
Sabiedrība ar ierobežotu atbildību "MASTER DEVELOPMENT" (reg. no. 40003936084) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Salnas iela 5 - 56.
Financial results
Revenue in 2025 was 46 602 €, up 380% on the previous year (9717 €). Net profit for 2025 was 13 204 € (28,3% of revenue). The company was profitable in 7 of the 14 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 15 534 €. At the end of 2025, total assets were 21 690 € and equity 5742 € (26,5% 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.