SIA "1881"Active

40103591996Limited liability companyFounded 2012

Key figures

765 204 €+418,8%
Revenue 2025
+60,3%
Average annual growth 2012–2025
0200 k400 k600 k800 k’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 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 assets13711759320717064087215235852804492323 030100 170176 774213 276276 992
Total non-current assets6244162960000000074042833768
Total assets19952175350317064087215235852804492323 030100 170177 514217 559280 760
Balance sheet — liabilities and equity
Current liabilities132721002962267331273415316134883454958762 260122 550143 54821 796
Non-current liabilities0000000000000178 837
Total liabilities132721002962267331273415316134883454958762 260122 550143 548200 633
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year667-593435-15081927-22231687-11082153897524 46817 05419 0476116
Total equity66875541-967960-1263424-684146913 44337 91054 96474 01180 127
Income statement
Sales revenue165214 50822 26019 52123 29519 70024 75021 38825 24547 20263 01189 698147 494765 204
Operating profit765-593435-15081927-22231687-11082153897524 46817 05419 0476153
Profit before income tax765-593435-15081927-22231687-11082153897524 46817 05419 0476153
Profit for the reporting year667-593435-15081927-22231687-11082153897524 46817 05419 0476116
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees11222222222222
Calculated dividend—0000000000000

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
52%48%SIA "1881"Egle UldisŠumskis Ivo
CompanyPersonShareholderOther roleAdditional link

Summary: SIA "1881"

Overview

SIA "1881" (reg. no. 40103591996) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Ādažu nov., Ādažu pag., Baltezers, Alderu iela 30 - 3.

Financial results

Revenue in 2025 was 765 204 €, up 419% on the previous year (147 494 €). From 2012 to 2025, revenue grew by an average of 60,3% per year. This is the company's highest revenue among the published years (2012–2025). Net profit for 2025 was 6116 € (0,8% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 2 employees. Revenue per employee was 382 602 €. At the end of 2025, total assets were 280 760 € and equity 80 127 € (28,5% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (52%) 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.