SIA "Renovation Real Estate"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 22 227 | 36 279 | 9713 | 5458 | 148 | 2591 | 13 588 | 176 | 40 371 | 11 772 | 22 015 | 19 263 |
| Total non-current assets | 126 450 | 235 485 | 259 692 | 265 119 | 257 386 | 242 471 | 229 450 | 438 280 | 557 652 | 1 201 057 | 1 437 148 | 2 178 475 |
| Total assets | 148 677 | 271 764 | 269 405 | 270 577 | 257 534 | 245 062 | 243 038 | 438 456 | 598 023 | 1 212 829 | 1 459 163 | 2 197 738 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 2492 | 12 265 | 74 181 | 20 323 | 23 685 | 21 180 | 20 802 | 44 087 | 47 967 | 32 379 | 19 026 | 7872 |
| Non-current liabilities | 124 893 | 229 851 | 159 251 | 195 171 | 166 091 | 142 020 | 124 686 | 289 118 | 455 621 | 1 127 381 | 1 468 574 | 2 228 947 |
| Total liabilities | 127 385 | 242 116 | 233 432 | 215 494 | 189 776 | 163 200 | 145 488 | 333 205 | 503 588 | 1 159 760 | 1 487 600 | 2 236 819 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 6349 | 8354 | 6324 | 19 114 | 12 675 | 14 106 | 15 688 | 7701 | -10 816 | -41 366 | -81 507 | -10 645 |
| Total equity | 21 292 | 29 648 | 35 973 | 55 083 | 67 758 | 81 862 | 97 550 | 105 251 | 94 435 | 53 069 | -28 437 | -39 081 |
| Income statement | ||||||||||||
| Sales revenue | 26 088 | 27 428 | 23 448 | 38 448 | 40 908 | 38 926 | 39 950 | 39 645 | 34 635 | 48 140 | 45 940 | 8273 |
| Operating profit | 10 079 | 12 012 | 12 606 | 22 574 | 15 656 | 16 181 | 16 968 | 13 109 | 11 810 | 18 393 | 21 279 | -10 546 |
| Profit before income tax | 6841 | 9213 | 7188 | 19 164 | 12 675 | 14 156 | 15 738 | 7701 | -10 766 | -41 366 | -81 507 | -10 595 |
| Profit for the reporting year | 6349 | 8354 | 6324 | 19 114 | 12 675 | 14 106 | 15 688 | 7701 | -10 816 | -41 366 | -81 507 | -10 645 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 "Renovation Real Estate"
Overview
SIA "Renovation Real Estate" (reg. no. 40103428318) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Ēveles iela 14 k-1 - 2.
Financial results
Revenue in 2025 was 8273 €, down 82,0% on the previous year (45 940 €). From 2014 to 2025, revenue declined by an average of 9,9% per year. This is the company's lowest revenue among the published years (2014–2025). 2025 ended with a loss of 10 645 €. The company was profitable in 8 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 8273 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-39 081 €).
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.