SIA "Latvian Development Holding"Active
Key figures
Ratios
2025Balance sheet structure
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 | 347 129 | 394 136 | 284 008 | 291 191 | 413 705 | 412 854 | 411 434 | 411 409 | 412 453 | 423 203 | 426 441 | 425 592 | 395 835 | 374 216 | 364 649 | 266 170 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 347 129 | 394 136 | 284 008 | 291 191 | 413 705 | 412 854 | 411 434 | 411 409 | 412 453 | 423 203 | 426 441 | 425 592 | 395 835 | 374 216 | 364 649 | 266 170 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 616 | 68 680 | 1744 | 1590 | 3569 | 4994 | 1438 | 2249 | 1487 | 3355 | 5254 | 7993 | 1628 | 950 | 1290 | 507 |
| Non-current liabilities | 351 402 | 347 085 | 357 085 | 378 169 | 557 987 | 577 897 | 598 947 | 621 067 | 646 017 | 679 822 | 706 661 | 727 992 | 622 267 | 617 267 | 582 067 | 211 167 |
| Total liabilities | 352 018 | 415 765 | 358 829 | 379 759 | 561 556 | 582 891 | 600 385 | 623 316 | 647 504 | 683 177 | 711 915 | 735 985 | 623 895 | 618 217 | 583 357 | 211 674 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -34 756 | -16 740 | -53 192 | -13 747 | -21 829 | -22 186 | -18 828 | -22 956 | -23 144 | -24 923 | -25 500 | -24 919 | 82 333 | -15 941 | 25 293 | 273 204 |
| Total equity | -4889 | -21 629 | -74 821 | -88 568 | -147 851 | -170 037 | -188 951 | -211 907 | -235 051 | -259 974 | -285 474 | -310 393 | -228 060 | -244 001 | -218 708 | 54 496 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 101 907 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | 83 | 0 | 90 000 | 0 | 0 | 400 821 |
| Operating profit | -33 112 | -14 363 | -50 209 | -10 581 | -17 133 | -17 490 | -18 828 | -22 956 | -23 144 | -23 138 | -23 255 | -22 246 | 82 333 | -15 941 | 25 293 | 271 471 |
| Profit before income tax | -34 756 | -14 315 | -50 209 | -10 581 | -17 133 | -17 490 | -18 828 | -22 956 | -23 144 | -24 566 | -25 051 | -24 919 | 82 333 | -15 941 | 25 293 | 273 204 |
| Profit for the reporting year | -34 756 | -16 740 | -53 192 | -13 747 | -21 829 | -22 186 | -18 828 | -22 956 | -23 144 | -24 923 | -25 500 | -24 919 | 82 333 | -15 941 | 25 293 | 273 204 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 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: SIA "Latvian Development Holding"
Overview
SIA "Latvian Development Holding" (reg. no. 40103256042) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Jūrmala, Turaidas iela 76.
Financial results
Revenue in 2025 was 400 821 €. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 273 204 € (68,2% of revenue). The company was profitable in 3 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 200 411 €. At the end of 2025, total assets were 266 170 € and equity 54 496 € (20,5% 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.