Sabiedrība ar ierobežotu atbildību "EXPAND"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 29 000 € (7% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
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 | 200 237 | 245 263 | 310 230 | 265 349 | 375 562 | 485 036 | 406 825 | 434 550 | 456 605 | 446 448 | 406 690 | 440 092 | 538 363 | 419 311 | 512 856 | 423 463 |
| Total non-current assets | 453 172 | 423 630 | 481 849 | 605 324 | 972 455 | 1 104 436 | 1 117 369 | 1 059 611 | 1 022 851 | 965 473 | 808 572 | 844 956 | 719 751 | 694 691 | 752 247 | 772 072 |
| Total assets | 653 409 | 668 893 | 792 079 | 870 673 | 1 348 017 | 1 589 472 | 1 524 194 | 1 494 161 | 1 479 456 | 1 411 921 | 1 215 262 | 1 285 048 | 1 258 114 | 1 114 002 | 1 265 103 | 1 195 535 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 273 646 | 279 967 | 302 577 | 323 974 | 500 994 | 491 842 | 492 213 | 518 022 | 546 855 | 611 097 | 493 815 | 555 092 | 551 581 | 559 706 | 560 472 | 539 743 |
| Non-current liabilities | 269 397 | 156 106 | 122 136 | 131 792 | 223 033 | 385 819 | 356 677 | 314 784 | 282 663 | 268 788 | 141 595 | 227 904 | 183 094 | 220 501 | 300 995 | 344 175 |
| Total liabilities | 543 043 | 436 073 | 424 713 | 455 766 | 724 027 | 877 661 | 848 890 | 832 806 | 829 518 | 879 885 | 635 410 | 782 996 | 734 675 | 780 207 | 861 467 | 883 918 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 107 033 | 162 454 | 201 579 | 209 995 | 286 451 | 355 617 | 324 569 | 332 051 | 305 363 | 305 103 | 284 199 | 164 303 | 240 586 | 48 659 | 161 427 | -63 019 |
| Total equity | 110 366 | 232 820 | 367 366 | 414 907 | 623 990 | 711 811 | 675 304 | 661 355 | 649 938 | 532 036 | 579 852 | 502 052 | 523 439 | 333 795 | 403 636 | 311 617 |
| Income statement | ||||||||||||||||
| Sales revenue | 1 433 304 | 1 767 419 | 1 953 965 | 1 979 545 | 2 883 000 | 3 068 445 | 2 967 307 | 3 032 955 | 2 946 483 | 2 985 351 | 2 953 339 | 3 014 539 | 3 607 204 | 3 468 864 | 3 392 757 | 3 135 402 |
| Operating profit | 140 859 | 198 449 | 243 606 | 255 368 | 339 017 | 422 504 | 382 961 | 397 138 | 325 682 | 325 088 | 355 706 | 238 776 | 308 359 | 130 771 | 218 509 | -26 727 |
| Profit before income tax | 126 705 | 185 786 | 230 867 | 243 848 | 327 611 | 410 282 | 372 870 | 388 021 | 316 391 | 313 853 | 343 295 | 224 829 | 295 386 | 108 235 | 184 324 | -55 769 |
| Profit for the reporting year | 107 033 | 162 454 | 201 579 | 209 995 | 286 451 | 355 617 | 324 569 | 332 051 | 305 363 | 305 103 | 284 199 | 164 303 | 240 586 | 48 659 | 161 427 | -63 019 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 68 | 73 | 72 | 75 | 75 | 80 | 81 | 81 | 78 | 76 | 71 | 66 | 68 | 66 | 58 | 53 |
| Calculated dividend | 0 | 36 000 | 60 330 | 128 619 | 252 567 | 267 796 | 361 069 | 346 000 | 316 780 | 423 005 | 236 383 | 242 103 | 219 199 | 238 303 | 91 586 | 29 000 |
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 "EXPAND"
Overview
Sabiedrība ar ierobežotu atbildību "EXPAND" (reg. no. 40103053881) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Rītausmas iela 23.
Financial results
Revenue in 2025 was 3 135 402 €, down 7,6% on the previous year (3 392 757 €). From 2010 to 2025, revenue grew by an average of 5,4% per year. 2025 ended with a loss of 63 019 €. The company was profitable in 15 of the 16 published years. In 2025 the company had 53 employees (58 a year earlier). Revenue per employee was 59 159 €. At the end of 2025, total assets were 1 195 535 € and equity 311 617 € (26,1% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.