SIA "RACE PROMOTION"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 | 4405 | 3987 | 3691 | 3691 | 3691 | 12 534 | 11 663 | 14 720 | 31 859 | 17 074 | 16 246 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 16 209 | 28 687 | 12 922 | 56 903 | 45 337 | 218 717 |
| Total assets | 4405 | 3987 | 3691 | 3691 | 3691 | 28 743 | 40 350 | 27 642 | 88 762 | 62 411 | 234 963 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 1200 | 501 | 287 | 351 | 226 | 47 914 | 85 956 | 22 275 | 67 793 | 57 296 | 39 755 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220 555 |
| Total liabilities | 1200 | 501 | 287 | 351 | 226 | 47 914 | 85 956 | 22 275 | 67 793 | 57 296 | 260 310 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 405 | 281 | -82 | -64 | 125 | -22 636 | -26 435 | 50 974 | 15 602 | -15 855 | -30 462 |
| Total equity | 3205 | 3486 | 3404 | 3340 | 3465 | -19 171 | -45 606 | 5367 | 20 969 | 5115 | -25 347 |
| Income statement | |||||||||||
| Sales revenue | 3180 | 5447 | 0 | 0 | 0 | 12 158 | 105 709 | 204 862 | 198 273 | 196 705 | 189 982 |
| Operating profit | 405 | 281 | -82 | -14 | 175 | -22 618 | -26 081 | 51 950 | 18 484 | -12 012 | -29 553 |
| Profit before income tax | 405 | 281 | -82 | -14 | 175 | -22 636 | -26 425 | 50 974 | 15 602 | -15 855 | -30 462 |
| Profit for the reporting year | 405 | 281 | -82 | -64 | 125 | -22 636 | -26 435 | 50 974 | 15 602 | -15 855 | -30 462 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 5 |
| 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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Related companies
- SIA Biķernieku Halle — 51%
Summary: SIA "RACE PROMOTION"
Overview
SIA "RACE PROMOTION" (reg. no. 40103933811) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Ropažu nov., Garkalnes pag., Suži, Mazā Apogu iela 2 - 1.
Financial results
Revenue in 2025 was 189 982 €, down 3,4% on the previous year (196 705 €). From 2015 to 2025, revenue grew by an average of 50,5% per year. 2025 ended with a loss of 30 462 €. The company was profitable in 5 of the 11 published years. In 2025 the company had 5 employees. Revenue per employee was 37 996 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-25 347 €).
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.