SIA "Motive Construction LTD"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 | 19 110 | 8073 | 34 046 | 22 166 | 518 298 | 467 191 | 40 407 | 76 573 | 319 631 | 157 896 | 89 211 | 63 886 | 99 027 | 28 786 |
| Total non-current assets | 0 | 0 | 1011 | 31 575 | 25 841 | 18 809 | 12 771 | 32 303 | 12 817 | 12 108 | 5412 | 2393 | 19 174 | 65 017 |
| Total assets | 19 110 | 8073 | 35 057 | 53 741 | 544 139 | 486 000 | 53 178 | 108 876 | 332 448 | 170 004 | 94 623 | 66 279 | 118 201 | 93 803 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 13 861 | 3475 | 18 850 | 22 802 | 509 168 | 458 415 | 23 285 | 66 263 | 283 863 | 181 557 | 86 263 | 14 070 | 10 309 | 21 968 |
| Non-current liabilities | 0 | 0 | 0 | 16 500 | 16 500 | 0 | 0 | 0 | 0 | 0 | 0 | 139 112 | 136 162 | 67 500 |
| Total liabilities | 13 861 | 3475 | 18 850 | 39 302 | 525 668 | 458 415 | 23 285 | 66 263 | 283 863 | 181 557 | 86 263 | 153 182 | 146 471 | 89 468 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1635 | -1686 | 12 485 | -5259 | 7698 | 8923 | 780 | 38 993 | 5972 | -60 138 | 19 913 | -95 263 | 58 633 | 32 605 |
| Total equity | 3933 | 2247 | 13 285 | 11 047 | 18 471 | 27 585 | 29 893 | 42 613 | 48 585 | -11 553 | 8360 | -86 903 | -28 270 | 4335 |
| Income statement | ||||||||||||||
| Sales revenue | 29 841 | 69 000 | 80 206 | 59 001 | 3 672 050 | 1 059 358 | 664 803 | 493 017 | 1 134 947 | 641 012 | 283 051 | 79 768 | 282 208 | 141 615 |
| Operating profit | 3538 | 3044 | 10 950 | 2144 | 6252 | 15 561 | 797 | 43 947 | 5972 | -60 138 | 19 913 | -95 263 | 58 633 | 32 605 |
| Profit before income tax | 2790 | -915 | 14 491 | -4252 | 8783 | 10 857 | 780 | 43 993 | 5972 | -60 138 | 19 913 | -95 263 | 58 633 | 32 605 |
| Profit for the reporting year | 1635 | -1686 | 12 485 | -5259 | 7698 | 8923 | 780 | 38 993 | 5972 | -60 138 | 19 913 | -95 263 | 58 633 | 32 605 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 7 | 6 | 5 | 8 | 7 | 6 | 10 | 11 | 8 | 4 | 4 | 3 | 2 |
| Calculated dividend | — | 0 | 1447 | 0 | 0 | 0 | 0 | 26 273 | 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 "Motive Construction LTD"
Overview
SIA "Motive Construction LTD" (reg. no. 40103319579) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Ūdens iela 23.
Financial results
Revenue in 2025 was 141 615 €, down 49,8% on the previous year (282 208 €). From 2012 to 2025, revenue grew by an average of 12,7% per year. Net profit for 2025 was 32 605 € (23,0% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 70 808 €. At the end of 2025, total assets were 93 803 € and equity 4335 € (4,6% 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.