SIA Project 2050Active

40103844142Limited liability companyFounded 2014

Key figures

122 863 €-38,4%
Revenue 2025
+42,3%
Average annual growth 2014–2025
0200 k400 k600 k’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’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2014–2025
201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets155854014804462779911360 265193 458196 76138 4081670
Total non-current assets00000006377163575441022451
Total assets155854014804462779911360 902200 621202 51542 5104121
Balance sheet — liabilities and equity
Current liabilities14009001795352567912363176706334 76431 46440 15615 292
Non-current liabilities000000070 00088 00072 39944 59915 200
Total liabilities1400900179535256791236317677 063122 764103 86384 75530 492
Share capital————————————
Retained earnings of previous periods————————————
Profit for the year157-518451252-772152201501-16 09891 21820 795-140 5744203
Total equity158-360-315937-6784-1564-63-16 16177 85798 652-42 245-26 371
Income statement
Sales revenue253017 97022 45031 75007364160018 007565 670372 413199 341122 863
Operating profit157-518451252-772152701501-16 09891 21820 795-140 5744203
Profit before income tax157-518451252-772152701501-16 09891 21820 795-140 5744203
Profit for the reporting year157-518451252-772152201501-16 09891 21820 795-140 5744203
Labour costs————————————
Depreciation of non-current assets————————————
Other indicators
Employees223440112631
Calculated dividend—00000000000

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100%SIA Project 20501Šmarkovs Romans
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA Project 2050

Overview

SIA Project 2050 (reg. no. 40103844142) is a limited liability company. The company was registered in 2014 and has been in the register for 11 years. Registered address: Mārupes nov., Babītes pag., Piņķi, Jūrmalas iela 3A.

Financial results

Revenue in 2025 was 122 863 €, down 38,4% on the previous year (199 341 €). From 2014 to 2025, revenue grew by an average of 42,3% per year. Net profit for 2025 was 4203 € (3,4% of revenue). The company was profitable in 8 of the 12 published years. In 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 122 863 €.

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 (-26 371 €).

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.