Sabiedrība ar ierobežotu atbildību "Racing Green Motors"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 4723 | 2047 | 3967 | 14 491 | 68 102 | 55 263 | 45 408 | 42 152 | 85 229 | 109 053 | 146 574 | 223 498 | 188 058 | 323 778 | 942 640 |
| Total non-current assets | 2976 | 2382 | 4755 | 4807 | 4807 | 4551 | 4551 | 17 180 | 30 134 | 334 915 | 182 291 | 167 257 | 156 684 | 110 179 | 97 289 |
| Total assets | 7699 | 4429 | 8722 | 19 298 | 72 909 | 59 814 | 49 959 | 59 332 | 115 363 | 443 968 | 328 865 | 390 755 | 344 742 | 433 957 | 1 039 929 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 21 387 | 1824 | 7087 | 6838 | 49 406 | 64 509 | 64 549 | 15 447 | 22 671 | 42 286 | 70 716 | 78 373 | 79 890 | 118 533 | 112 437 |
| Non-current liabilities | 0 | 27 687 | 24 395 | 67 817 | 102 834 | 93 328 | 83 408 | 122 997 | 112 368 | 112 368 | 123 474 | 98 668 | 57 368 | 60 068 | 46 719 |
| Total liabilities | 21 387 | 29 511 | 31 482 | 74 655 | 152 240 | 157 837 | 147 957 | 138 444 | 135 039 | 154 654 | 194 190 | 177 041 | 137 258 | 178 601 | 159 156 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -13 690 | -11 394 | 2322 | -22 973 | -23 973 | -18 692 | 25 | 18 886 | 59 436 | 40 490 | 13 620 | 79 039 | 56 270 | 147 872 | 625 417 |
| Total equity | -13 688 | -25 082 | -22 760 | -55 357 | -79 331 | -98 023 | -97 998 | -79 112 | -19 676 | 289 314 | 134 675 | 213 714 | 207 484 | 255 356 | 880 773 |
| Income statement | |||||||||||||||
| Sales revenue | 5262 | 18 747 | 53 394 | 79 377 | 36 212 | 57 625 | 80 996 | 75 143 | 265 688 | 1 058 857 | 1 605 979 | 827 296 | 1 446 920 | 1 722 656 | 2 829 802 |
| Operating profit | -13 968 | -11 543 | 2079 | -24 511 | -24 583 | -18 692 | -1802 | 18 891 | 49 420 | 25 642 | 38 733 | 131 363 | 90 759 | 206 545 | 681 249 |
| Profit before income tax | -13 690 | -11 394 | 2322 | -22 973 | -23 973 | -18 692 | 32 | 18 891 | 59 436 | 40 490 | 13 620 | 79 068 | 56 270 | 147 872 | 625 417 |
| Profit for the reporting year | -13 690 | -11 394 | 2322 | -22 973 | -23 973 | -18 692 | 25 | 18 886 | 59 436 | 40 490 | 13 620 | 79 039 | 56 270 | 147 872 | 625 417 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 5 | 6 | 8 | 9 | 10 | 12 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 168 259 | 0 | 62 500 | 100 000 | 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: Sabiedrība ar ierobežotu atbildību "Racing Green Motors"
Overview
Sabiedrība ar ierobežotu atbildību "Racing Green Motors" (reg. no. 40103422353) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Ādažu nov., Ādažu pag., Eimuri, Briljantu iela 6.
Financial results
Revenue in 2025 was 2 829 802 €, up 64,3% on the previous year (1 722 656 €). From 2011 to 2025, revenue grew by an average of 56,7% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 625 417 € (22,1% of revenue). The company was profitable in 10 of the 15 published years. In 2025 the company had 12 employees (10 a year earlier). Revenue per employee was 235 817 €. At the end of 2025, total assets were 1 039 929 € and equity 880 773 € (84,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.