SIA "BLV ADVISORY GROUP"Active

40103310974Limited liability companyFounded 2010

Key figures

1 311 637 €+1,0%
Revenue 2025
+23,4%
Average annual growth 2011–2025
0500 k1 m1,5 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0250 k500 k750 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 345 240 € (99% 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).

History
2025 ~345 240 €
20240 €
2023 ~100 001 €
2022 ~168 758 €
20210 €
2020 ~164 367 €
2019 ~162 336 €
2018 ~107 528 €
2017 ~26 729 €
2016 ~69 540 €
20150 €
20140 €
2013 ~44 000 €
20120 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets46 24293 443110 492193 440281 545229 863371 796538 812444 377298 184452 136342 899279 739497 400327 365
Total non-current assets2561715613 61770 06758 05876 79081 34969 91051 12437 73928 94427 06720 14063 24752 475
Total assets48 803100 599124 109263 507339 603306 653453 145608 722495 501335 923481 080369 966299 879560 647379 840
Balance sheet — liabilities and equity
Current liabilities41 61546 22477 505155 899130 083147 622157 993263 009303 017310 573309 478112 13546 584162 563173 462
Non-current liabilities000028 10346 65522 44311 165000061 27150 000193 219
Total liabilities41 61546 22477 505155 899158 186194 277180 436274 174303 017310 573309 478112 135107 855212 563366 681
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year518841 49036 36832 63964 14726 729187 062169 36720 272-2767146 253254 98734 194156 06010 315
Total equity718848 67841 04691 042155 187112 376272 709334 548192 48425 350171 602257 831192 024348 08413 159
Income statement
Sales revenue69 347215 210239 251371 595452 177454 172709 632887 315678 771670 7901 064 4571 173 9861 086 2691 298 7941 311 637
Operating profit642048 33142 99738 10575 11132 618217 508170 03320 588-2604148 078297 17759 264156 219197 787
Profit before income tax642048 33142 99736 84173 61131 399216 280169 36720 272-2767148 041297 17759 264156 219197 787
Profit for the reporting year518841 49036 36832 63964 14726 729187 062169 36720 272-2767146 253254 98734 194156 06010 315
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees31216151518222319151817192018
Calculated dividend—044 0000069 54026 729107 528162 336164 3670168 758100 0010345 240

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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50,07%49,93%SIA "BLV ADVISORY GRO…1Frolovs Sergejs4Ščurs Artūrs
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "BLV ADVISORY GROUP"

Overview

SIA "BLV ADVISORY GROUP" (reg. no. 40103310974) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Kārļa Ulmaņa gatve 140.

Financial results

Revenue in 2025 was 1 311 637 €, up 1,0% on the previous year (1 298 794 €). From 2011 to 2025, revenue grew by an average of 23,4% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 10 315 € (0,8% of revenue). The company was profitable in 14 of the 15 published years. In 2025 the company had 18 employees (20 a year earlier). Revenue per employee was 72 869 €. At the end of 2025, total assets were 379 840 € and equity 13 159 € (3,5% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (50,1%) 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.