Sabiedrība ar ierobežotu atbildību "LatDevelopment"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 412 101 | 1 447 121 | 1 410 511 | 2 939 481 | 894 127 | 813 484 | 466 643 | 49 411 | 52 274 | 90 447 | 42 556 | 28 625 | 637 572 |
| Total non-current assets | 1 831 300 | 2 621 055 | 3 731 760 | 2 330 090 | 3 903 976 | 3 678 126 | 3 475 709 | 3 592 380 | 2 744 839 | 2 450 864 | 2 449 916 | 2 356 726 | 1 910 601 |
| Total assets | 2 243 401 | 4 068 176 | 5 142 271 | 5 269 571 | 4 798 103 | 4 491 610 | 3 942 352 | 3 641 791 | 2 797 113 | 2 541 311 | 2 492 472 | 2 385 351 | 2 548 173 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 165 166 | 94 007 | 9220 | 30 302 | 77 635 | 94 389 | 122 150 | 181 546 | 1 459 845 | 529 830 | 214 734 | 142 035 | 115 524 |
| Non-current liabilities | 1 312 540 | 2 871 483 | 4 111 350 | 4 315 525 | 3 901 420 | 3 554 701 | 3 056 524 | 2 567 724 | 90 600 | 860 324 | 995 124 | 1 116 124 | 968 124 |
| Total liabilities | 1 477 706 | 2 965 490 | 4 120 570 | 4 345 827 | 3 979 055 | 3 649 090 | 3 178 674 | 2 749 270 | 1 550 445 | 1 390 154 | 1 209 858 | 1 258 159 | 1 083 648 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -36 305 | 11 744 | -83 368 | -94 143 | -104 696 | 23 472 | -78 842 | 128 843 | 354 147 | 9989 | 131 457 | -13 978 | 337 333 |
| Total equity | 765 695 | 1 101 229 | 1 017 859 | 923 744 | 819 048 | 842 520 | 763 678 | 892 521 | 1 246 668 | 1 151 157 | 1 282 614 | 1 127 192 | 1 464 525 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 2 099 975 | 428 290 | 305 984 | 675 075 | 740 288 | 788 467 | 824 643 | 1 423 173 | 1 789 243 | 600 828 | 300 292 | 280 586 |
| Operating profit | -36 305 | 16 272 | -70 663 | -94 143 | -18 507 | 23 472 | -59 476 | 187 117 | 354 147 | 703 626 | 131 225 | 18 959 | 480 021 |
| Profit before income tax | -36 305 | 16 272 | -70 663 | -94 143 | -104 696 | 23 472 | -78 762 | 128 843 | 354 147 | 703 640 | 131 457 | 21 397 | 480 021 |
| Profit for the reporting year | -36 305 | 11 744 | -83 368 | -94 143 | -104 696 | 23 472 | -78 842 | 128 843 | 354 147 | 9989 | 131 457 | -13 978 | 337 333 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 3 | 3 | 2 | 2 | 3 | 3 | 4 | 3 | 2 | 3 | 2 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105 500 | 0 | 141 444 | 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 "LatDevelopment"
Overview
Sabiedrība ar ierobežotu atbildību "LatDevelopment" (reg. no. 40103646546) is a limited liability company. The company was registered in 2013 and has been in the register for 13 years. Registered address: Mārupes nov., Babītes pag., Piņķi, Sloku iela 15.
Financial results
Revenue in 2025 was 280 586 €, down 6,6% on the previous year (300 292 €). Net profit for 2025 was 337 333 € (120% of revenue). The company was profitable in 7 of the 13 published years. In 2025 the company had 2 employees. Revenue per employee was 140 293 €. At the end of 2025, total assets were 2 548 173 € and equity 1 464 525 € (57,5% of assets).
Management and owners
The company has one board member. 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.