Sabiedrība ar ierobežotu atbildību "Evolution Road"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 20 000 € (27% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 10 358 | 14 033 | 43 168 | 78 363 | 85 398 | 83 280 | 57 540 | 117 745 | 89 576 | 60 509 | 117 934 |
| Total non-current assets | 857 | 1163 | 1899 | 803 | 19 349 | 16 832 | 42 500 | 40 703 | 54 666 | 40 532 | 26 614 |
| Total assets | 11 215 | 15 196 | 45 067 | 79 166 | 104 747 | 100 112 | 100 040 | 158 448 | 144 242 | 101 041 | 144 548 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 2403 | 8201 | 14 928 | 5863 | 35 159 | 24 828 | 10 502 | 19 258 | 26 813 | 16 612 | 49 389 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 13 482 | 6501 | 15 928 | 9807 | 5996 |
| Total liabilities | 2403 | 8201 | 14 928 | 5863 | 35 159 | 24 828 | 23 984 | 25 759 | 42 741 | 26 419 | 55 385 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8012 | -1817 | 27 144 | 70 308 | 53 103 | 44 376 | 28 876 | 56 633 | 42 068 | 29 754 | 34 541 |
| Total equity | 8812 | 6995 | 30 139 | 73 303 | 69 588 | 75 284 | 76 056 | 132 689 | 101 501 | 74 622 | 89 163 |
| Income statement | |||||||||||
| Sales revenue | 16 860 | 35 264 | 101 590 | 136 812 | 152 656 | 181 736 | 143 546 | 191 089 | 145 731 | 150 812 | 126 220 |
| Operating profit | 8012 | -1817 | 27 144 | 70 352 | 66 736 | 54 464 | 36 449 | 57 086 | 61 242 | 45 145 | 40 136 |
| Profit before income tax | 8012 | -1817 | 27 144 | 70 340 | 65 603 | 54 066 | 35 902 | 56 634 | 60 382 | 43 912 | 39 541 |
| Profit for the reporting year | 8012 | -1817 | 27 144 | 70 308 | 53 103 | 44 376 | 28 876 | 56 633 | 42 068 | 29 754 | 34 541 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 3 | 5 | 2 | 2 | 3 | 3 | 4 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 4000 | 27 144 | 56 818 | 38 680 | 28 104 | 0 | 73 256 | 56 633 | 20 000 |
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 "Evolution Road"
Overview
Sabiedrība ar ierobežotu atbildību "Evolution Road" (reg. no. 40103902811) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Kalnciema iela 95A - 29.
Financial results
Revenue in 2025 was 126 220 €, down 16,3% on the previous year (150 812 €). From 2015 to 2025, revenue grew by an average of 22,3% per year. Net profit for 2025 was 34 541 € (27,4% of revenue). The company was profitable in 10 of the 11 published years. In 2025 the company had 2 employees. Revenue per employee was 63 110 €. At the end of 2025, total assets were 144 548 € and equity 89 163 € (61,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (75%) 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.