SIA "LV GROUP"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 800 € (2% 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 statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 100 327 | 106 386 | 123 460 | 154 160 | 199 224 | 284 082 | 355 318 | 528 531 | 544 374 | 292 236 | 358 555 | 399 342 | 357 959 | 199 219 |
| Total non-current assets | 33 562 | 98 805 | 159 457 | 126 472 | 105 239 | 116 787 | 92 364 | 182 312 | 186 538 | 511 356 | 517 149 | 493 477 | 475 541 | 768 320 |
| Total assets | 133 889 | 205 191 | 282 917 | 280 632 | 304 463 | 400 869 | 447 682 | 710 843 | 730 912 | 803 592 | 875 704 | 892 819 | 833 500 | 967 539 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 60 792 | 112 822 | 120 061 | 144 589 | 136 488 | 240 600 | 227 598 | 167 551 | 217 538 | 314 925 | 420 860 | 427 001 | 267 440 | 240 979 |
| Non-current liabilities | 0 | 10 829 | 26 197 | 19 978 | 20 238 | 49 549 | 36 111 | 35 723 | 18 942 | 37 559 | 33 565 | 15 466 | 17 432 | 53 472 |
| Total liabilities | 60 792 | 123 651 | 146 258 | 164 567 | 156 726 | 290 149 | 263 709 | 203 274 | 236 480 | 352 484 | 454 425 | 442 467 | 284 872 | 294 451 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 45 391 | 14 300 | 36 951 | 16 357 | 54 422 | -37 017 | 131 523 | 405 220 | 40 963 | 8156 | 17 721 | 188 273 | 103 476 | 135 260 |
| Total equity | 72 039 | 79 639 | 130 266 | 109 672 | 147 737 | 110 720 | 183 973 | 507 569 | 494 432 | 451 108 | 421 279 | 450 352 | 548 628 | 673 088 |
| Income statement | ||||||||||||||
| Sales revenue | 206 182 | 263 743 | 456 378 | 448 638 | 792 395 | 606 701 | 738 571 | 1 269 912 | 701 486 | 1 272 752 | 1 572 852 | 1 520 801 | 1 560 217 | 1 504 260 |
| Operating profit | 70 219 | 27 468 | 53 828 | 25 569 | 65 849 | -23 553 | 131 455 | 417 462 | 45 690 | 21 050 | 30 376 | 229 425 | 105 227 | 139 744 |
| Profit before income tax | 57 614 | 23 332 | 48 012 | 21 941 | 60 712 | -37 017 | 131 693 | 425 515 | 55 011 | 21 027 | 29 609 | 228 073 | 104 776 | 137 960 |
| Profit for the reporting year | 45 391 | 14 300 | 36 951 | 16 357 | 54 422 | -37 017 | 131 523 | 405 220 | 40 963 | 8156 | 17 721 | 188 273 | 103 476 | 135 260 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 5 | 11 | 9 | 9 | 17 | 25 | 32 | 52 | 52 | 50 | 53 | 54 | 51 | 51 |
| Calculated dividend | — | 6700 | 0 | 36 951 | 16 357 | 0 | 58 270 | 81 624 | 54 100 | 51 480 | 47 550 | 159 200 | 5200 | 10 800 |
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: SIA "LV GROUP"
Overview
SIA "LV GROUP" (reg. no. 40103160668) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Rīga, Dzirkaļu iela 44.
Financial results
Revenue in 2025 was 1 504 260 €, down 3,6% on the previous year (1 560 217 €). From 2012 to 2025, revenue grew by an average of 16,5% per year. Net profit for 2025 was 135 260 € (9,0% of revenue). The company was profitable in 13 of the 14 published years. In 2025 the company had 51 employees. Revenue per employee was 29 495 €. At the end of 2025, total assets were 967 539 € and equity 673 088 € (69,6% of assets).
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.
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.