Sabiedrība ar ierobežotu atbildību "PROGRESS.LV"Active

40103460143Limited liability companyFounded 2011

Key figures

41 122 €-12,1%
Revenue 2025
+9,7%
Average annual growth 2012–2025
020 k40 k60 k80 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets133448917 05227 70420 77720 2201561324036 55244 91133 68165 61288 12756 729
Total non-current assets0028313 21311 15111 15160 36758 64243 56428 44618 90313 093704446 610
Total assets133448917 33540 91731 92831 37161 92861 88280 11673 35752 58478 70595 171103 339
Balance sheet — liabilities and equity
Current liabilities11421787326412 5461528230203450644 46945 6667161261521011641
Non-current liabilities4219262000028 00028 00027 91821 4531110000
Total liabilities53612049326412 546152823030 03428 50672 38767 1198271261521011641
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-4047246713 31914 30020297417531482-25 647-149138 07531 77716 9808628
Total equity-4027-156014 07128 37130 40031 14131 89433 3767729623844 31376 09093 070101 698
Income statement
Sales revenue12 40012 67731 99145 62730 11513 97111 03810 72952 63372 02564 76356 81046 78941 122
Operating profit-4047246715 24015 92820298727531482-25 454-149138 07531 77716 9808628
Profit before income tax-4047246715 24015 92820298727531482-25 454-149138 07531 77716 9808628
Profit for the reporting year-4047246713 31914 30020297417531482-25 647-149138 07531 77716 9808628
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees01121122221111
Calculated dividend00000000000000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

Click a node to see its other connections.

89,67%10%0,17%0,17%100%100%10%Sabiedrība ar ierobež…Holcmanis JānisBorsella Roberto6Holcmane Linda2Justs ZigmārsSIA "EURO IMPORT"SIA "RU.CO.S."SIA "R&E Internationa…
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: Sabiedrība ar ierobežotu atbildību "PROGRESS.LV"

Overview

Sabiedrība ar ierobežotu atbildību "PROGRESS.LV" (reg. no. 40103460143) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Elizabetes iela 45/47.

Financial results

Revenue in 2025 was 41 122 €, down 12,1% on the previous year (46 789 €). From 2012 to 2025, revenue grew by an average of 9,7% per year. Net profit for 2025 was 8628 € (21,0% of revenue). The company was profitable in 11 of the 14 published years. In 2025 the company had 1 employees. Revenue per employee was 41 122 €. At the end of 2025, total assets were 103 339 € and equity 101 698 € (98,4% of assets).

Management and owners

The company has one board member. According to the register, the company has 4 owners. The largest stake (89,7%) is held by a private individual. The company holds stakes in 3 active Latvian companies.

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.