CODARS DESIGN, SIAActive
Key figures
Ratios
2025Balance sheet structure
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 | 5 | 42 | 1603 | 933 | 3853 | 3852 | 5093 | 3462 | 9055 | 8314 | 28 973 | 65 457 | 59 100 | 56 519 | 78 675 |
| Total non-current assets | 0 | 1400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2546 | 7329 | 10 005 | 11 366 |
| Total assets | 5 | 1442 | 1603 | 933 | 3853 | 3852 | 5093 | 3462 | 9055 | 8314 | 28 973 | 68 003 | 66 429 | 66 524 | 90 041 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 692 | 1457 | 707 | 10 402 | 25 046 | 0 | 0 | 0 | 0 | 29 563 | 7579 | 11 644 | 9998 | 3825 | 23 015 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 28 747 | 36 911 | 36 048 | 41 451 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 692 | 1457 | 707 | 10 402 | 25 046 | 28 747 | 36 911 | 36 048 | 41 451 | 29 563 | 7579 | 11 644 | 9998 | 3825 | 23 015 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -690 | 667 | 916 | -10 743 | -11 724 | -3702 | -6923 | -765 | 186 | 11 147 | 43 879 | 34 964 | 72 | 6268 | 4324 |
| Total equity | -687 | -20 | 896 | -9469 | -21 193 | -24 895 | -31 818 | -32 586 | -32 396 | -21 249 | 21 394 | 56 359 | 56 431 | 62 699 | 67 026 |
| Income statement | |||||||||||||||
| Sales revenue | 950 | 14 022 | 16 468 | 14 586 | 17 147 | 24 419 | 24 879 | 24 427 | 22 102 | 31 210 | 105 146 | 123 146 | 117 661 | 113 916 | 170 144 |
| Operating profit | -690 | 667 | 916 | -10 743 | -10 181 | -1504 | -3401 | 2899 | 3501 | 11 147 | 43 879 | 34 964 | 72 | 6268 | 4324 |
| Profit before income tax | -690 | 667 | 916 | -10 743 | -10 181 | -1504 | -3401 | 2899 | 3501 | 11 147 | 43 879 | 34 964 | 72 | 6268 | 4324 |
| Profit for the reporting year | -690 | 667 | 916 | -10 743 | -11 724 | -3702 | -6923 | -765 | 186 | 11 147 | 43 879 | 34 964 | 72 | 6268 | 4324 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 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: CODARS DESIGN, SIA
Overview
CODARS DESIGN, SIA (reg. no. 40103472693) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Mārupes nov., Babītes pag., Piņķi, Mazā Jūrmalas iela 45.
Financial results
Revenue in 2025 was 170 144 €, up 49,4% on the previous year (113 916 €). From 2011 to 2025, revenue grew by an average of 44,9% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 4324 € (2,5% of revenue). The company was profitable in 9 of the 15 published years. In 2025 the company had 2 employees. Revenue per employee was 85 072 €. At the end of 2025, total assets were 90 041 € and equity 67 026 € (74,4% 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.