Sabiedrība ar ierobežotu atbildību "MORE projects"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 6707 | 11 837 | 58 177 | 116 184 | 240 261 | 34 495 | 19 858 | 21 157 | 15 248 | 10 918 | 11 619 |
| Total non-current assets | 124 622 | 77 940 | 42 744 | 37 447 | 7021 | 559 | 2117 | 0 | 0 | 0 | 975 |
| Total assets | 131 329 | 89 777 | 100 921 | 153 631 | 247 282 | 35 054 | 21 975 | 21 157 | 15 248 | 10 918 | 12 594 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 38 379 | 35 110 | 42 032 | 123 780 | 246 827 | 56 988 | 38 257 | 37 832 | 33 812 | 45 099 | 59 079 |
| Non-current liabilities | 69 850 | 85 680 | 72 670 | 74 440 | 48 870 | 48 470 | 50 232 | 43 996 | 39 366 | 37 316 | 38 916 |
| Total liabilities | 108 229 | 120 790 | 114 702 | 198 220 | 295 697 | 105 458 | 88 489 | 81 828 | 73 178 | 82 415 | 97 995 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 20 300 | -54 113 | 17 232 | -30 809 | -3826 | -21 989 | 3890 | 5844 | 2741 | -13 567 | -13 904 |
| Total equity | 23 100 | -31 013 | -13 781 | -44 589 | -48 415 | -70 404 | -66 514 | -60 671 | -57 930 | -71 497 | -85 401 |
| Income statement | |||||||||||
| Sales revenue | 106 326 | 125 983 | 251 875 | 241 670 | 284 592 | 47 180 | 45 814 | 17 774 | 12 175 | 22 750 | 21 090 |
| Operating profit | 20 300 | -54 113 | 18 117 | -30 809 | -3826 | -21 989 | 3890 | 5844 | 2741 | -13 567 | -13 904 |
| Profit before income tax | 20 300 | -54 113 | 18 117 | -30 809 | -3826 | -21 989 | 3890 | 5844 | 2741 | -13 567 | -13 904 |
| Profit for the reporting year | 20 300 | -54 113 | 17 232 | -30 809 | -3826 | -21 989 | 3890 | 5844 | 2741 | -13 567 | -13 904 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 3 | 7 | 7 | 6 | 3 | 2 | 2 | 1 | 3 | 3 |
| Calculated dividend | — | 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: Sabiedrība ar ierobežotu atbildību "MORE projects"
Overview
Sabiedrība ar ierobežotu atbildību "MORE projects" (reg. no. 40103827034) is a limited liability company. The company was registered in 2014 and has been in the register for 12 years. Registered address: Siguldas nov., Mores pag., "Rotas".
Financial results
Revenue in 2025 was 21 090 €, down 7,3% on the previous year (22 750 €). From 2015 to 2025, revenue declined by an average of 14,9% per year. 2025 ended with a loss of 13 904 €. The company was profitable in 5 of the 11 published years. In 2025 the company had 3 employees. Revenue per employee was 7030 €.
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 (-85 401 €).
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.