SIA "KGG Development SP"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 | 44 484 | 65 993 | 38 855 | 31 974 | 509 973 | 358 699 | 168 434 | 161 075 | 121 633 | 160 799 | 91 | 112 |
| Total non-current assets | 0 | 1783 | 3627 | 53 250 | 79 666 | 63 787 | 23 386 | 17 899 | 7820 | 0 | 0 | 0 |
| Total assets | 44 484 | 67 776 | 42 482 | 85 224 | 589 639 | 422 486 | 191 820 | 178 974 | 129 453 | 160 799 | 91 | 112 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 39 953 | 59 562 | 32 969 | 88 043 | 570 816 | 379 540 | 337 842 | 317 611 | 190 586 | 197 106 | 33 559 | 88 109 |
| Non-current liabilities | 0 | 0 | 0 | 3080 | 25 436 | 39 246 | 18 516 | 10 810 | 47 866 | 43 992 | 43 992 | 116 374 |
| Total liabilities | 39 953 | 59 562 | 32 969 | 91 123 | 596 252 | 418 786 | 356 358 | 328 421 | 238 452 | 241 098 | 77 551 | 204 483 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 87 | 180 | 1826 | -16 618 | 5113 | 10 313 | -168 238 | 15 092 | 40 448 | 28 700 | 2839 | -126 911 |
| Total equity | 2887 | 3067 | 4893 | -11 725 | -6613 | 3700 | -164 538 | -149 447 | -108 999 | -80 299 | -77 460 | -204 371 |
| Income statement | ||||||||||||
| Sales revenue | 98 614 | 234 825 | 289 619 | 232 516 | 1 265 208 | 1 484 329 | 481 237 | 255 784 | 227 658 | 208 513 | 56 009 | 170 463 |
| Operating profit | 394 | 832 | 2055 | -16 524 | 6078 | 12 515 | -167 003 | 16 851 | 40 800 | 28 727 | 2839 | -126 911 |
| Profit before income tax | 394 | 832 | 2055 | -16 846 | 5113 | 11 060 | -168 122 | 16 147 | 40 448 | 28 700 | 2839 | -126 911 |
| Profit for the reporting year | 87 | 180 | 1826 | -16 618 | 5113 | 10 313 | -168 238 | 15 092 | 40 448 | 28 700 | 2839 | -126 911 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 13 | 12 | 15 | 17 | 22 | 23 | 22 | 18 | 19 | 20 | 0 | 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 "KGG Development SP"
Overview
SIA "KGG Development SP" (reg. no. 40103811067) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Mārupes nov., Mārupes pag., Jaunmārupe, Mazcenu aleja 13 - 33.
Financial results
Revenue in 2025 was 170 463 €, up 204% on the previous year (56 009 €). From 2014 to 2025, revenue grew by an average of 5,1% per year. 2025 ended with a loss of 126 911 €. The company was profitable in 9 of the 12 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 170 463 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-204 371 €).
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.