SIA "Waterfront defence"Active
Key figures
Ratios
2023Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 63 248 € (90% 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 statements2010–2023
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 1881 | 4487 | 3357 | 4443 | 2546 | 588 | 13 071 | 5201 | 2960 | 125 214 | 42 023 | 34 789 | 75 986 | 55 289 |
| Total non-current assets | 0 | 566 | 292 | 19 | 0 | 0 | 12 756 | 12 070 | 12 070 | 14 365 | 16 506 | 20 579 | 19 252 | 21 034 |
| Total assets | 1881 | 5053 | 3649 | 4462 | 2546 | 588 | 25 827 | 17 271 | 15 030 | 139 579 | 58 529 | 55 368 | 95 238 | 76 323 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 494 | 0 | 2080 | 0 | 0 | 0 | 20 802 | 11 011 | 10 629 | 11 607 | 13 806 | 51 059 | 24 809 | 16 287 |
| Non-current liabilities | 0 | 2174 | 0 | 2109 | 1353 | 250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 494 | 2174 | 2080 | 2109 | 1353 | 250 | 20 802 | 11 011 | 10 629 | 11 607 | 13 806 | 51 059 | 24 809 | 16 287 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1216 | 876 | -75 | 277 | 103 | -805 | 4687 | 1299 | -1858 | 124 421 | 5737 | 758 | 66 111 | 52 855 |
| Total equity | 1217 | 2093 | 454 | 731 | 1143 | 338 | 5025 | 6260 | 4401 | 127 972 | 44 723 | 4309 | 70 429 | 60 036 |
| Income statement | ||||||||||||||
| Sales revenue | 4156 | 35 898 | 33 430 | 22 100 | 14 680 | 0 | 54 467 | 21 252 | 1700 | 288 992 | 103 167 | 130 225 | 261 153 | 174 037 |
| Operating profit | 1590 | 4107 | 2951 | 2266 | 1424 | -755 | 4687 | 1337 | -1858 | 185 021 | 34 408 | 758 | 72 965 | 72 855 |
| Profit before income tax | 1590 | 4107 | 2934 | 2266 | 1424 | -755 | 4687 | 1337 | -1858 | 185 021 | 34 408 | 758 | 72 965 | 72 855 |
| Profit for the reporting year | 1216 | 876 | -75 | 277 | 103 | -805 | 4687 | 1299 | -1858 | 124 421 | 5737 | 758 | 66 111 | 52 855 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 5 | 5 | 3 | 4 | 1 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 4 |
| Calculated dividend | — | 0 | 1408 | 0 | 0 | 0 | 0 | 0 | 0 | 850 | 88 986 | 41 172 | 0 | 63 248 |
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 "Waterfront defence"
Overview
SIA "Waterfront defence" (reg. no. 40103342734) is a limited liability company. The company was registered in 2010 and has been in the register for 15 years. Registered address: Rīga, Vesetas iela 15 - 3.
Financial results
Revenue in 2023 was 174 037 €, down 33,4% on the previous year (261 153 €). From 2010 to 2023, revenue grew by an average of 33,3% per year. Net profit for 2023 was 52 855 € (30,4% of revenue). The company was profitable in 11 of the 14 published years. In 2023 the company had 4 employees (3 a year earlier). Revenue per employee was 43 509 €. At the end of 2023, total assets were 76 323 € and equity 60 036 € (78,7% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2023.
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.