Sabiedrība ar ierobežotu atbildību "UB Development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 148 028 | 115 693 | 37 750 | 37 085 | 313 644 | 427 218 | 103 491 | 29 473 | 56 615 | 86 634 | 128 563 |
| Total non-current assets | 3 262 795 | 3 608 969 | 3 779 006 | 3 603 291 | 3 455 228 | 3 318 787 | 3 508 123 | 3 448 881 | 3 410 314 | 3 373 626 | 3 336 938 |
| Total assets | 3 410 823 | 3 724 662 | 3 816 756 | 3 640 376 | 3 768 872 | 3 746 005 | 3 611 614 | 3 478 354 | 3 466 929 | 3 460 260 | 3 465 501 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 514 693 | 60 007 | 41 407 | 34 052 | 1 130 168 | 79 150 | 48 396 | 97 167 | 118 599 | 110 880 | 83 826 |
| Non-current liabilities | 2 879 229 | 769 863 | 3 684 881 | 843 871 | 912 | 1 194 249 | 1 163 070 | 1 044 573 | 964 448 | 911 737 | 876 737 |
| Total liabilities | 3 393 922 | 829 870 | 3 726 288 | 877 923 | 1 131 080 | 1 273 399 | 1 211 466 | 1 141 740 | 1 083 047 | 1 022 617 | 960 563 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 14 101 | -52 109 | 45 676 | -178 015 | -124 661 | -165 186 | -72 458 | -63 534 | 47 268 | 53 762 | 67 294 |
| Total equity | 16 901 | 2 894 792 | 90 468 | 2 762 453 | 2 637 792 | 2 472 606 | 2 400 148 | 2 336 614 | 2 383 882 | 2 437 643 | 2 504 938 |
| Income statement | |||||||||||
| Sales revenue | 154 679 | 327 585 | 353 408 | 151 639 | 90 023 | 60 468 | 53 394 | 45 659 | 177 273 | 193 388 | 193 388 |
| Operating profit | 16 684 | -42 864 | 47 015 | -169 387 | -116 364 | -118 363 | -24 047 | -24 813 | 109 298 | 116 778 | 114 901 |
| Profit before income tax | 14 101 | -52 109 | 45 676 | -170 003 | -116 742 | -159 191 | -71 301 | -63 213 | 47 293 | 53 772 | 67 294 |
| Profit for the reporting year | 14 101 | -52 109 | 45 676 | -178 015 | -124 661 | -165 186 | -72 458 | -63 534 | 47 268 | 53 762 | 67 294 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 4 | 4 | 5 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 2 850 000 | 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 "UB Development"
Overview
Sabiedrība ar ierobežotu atbildību "UB Development" (reg. no. 40103886894) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Uzvaras bulvāris 10.
Financial results
Revenue in 2025 was 193 388 €, on a par with the previous year. From 2015 to 2025, revenue grew by an average of 2,3% per year. Net profit for 2025 was 67 294 € (34,8% of revenue). The company was profitable in 5 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 96 694 €. At the end of 2025, total assets were 3 465 501 € and equity 2 504 938 € (72,3% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.