SIA "V 118"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 9828 € (<1% 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 | 2800 | 161 941 | 249 464 | 111 922 | 162 817 | 69 714 | 178 528 | 5 916 266 | 1 996 542 | 247 127 | 114 587 |
| Total non-current assets | 0 | 2 644 804 | 2 617 903 | 2 615 704 | 2 599 872 | 2 567 956 | 3 077 846 | 7 153 658 | 13 406 973 | 13 727 907 | 13 842 161 |
| Total assets | 2800 | 2 806 745 | 2 867 367 | 2 727 626 | 2 762 689 | 2 637 670 | 3 256 374 | 13 069 924 | 15 403 515 | 13 975 034 | 13 956 748 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 3855 | 73 372 | 84 260 | 142 448 | 210 490 | 282 704 | 684 237 | 953 401 | 2 043 166 | 386 759 | 104 157 |
| Non-current liabilities | 0 | 2 734 288 | 2 763 781 | 2 509 464 | 2 547 195 | 2 672 079 | 3 161 942 | 13 115 221 | 15 110 557 | 10 469 736 | 10 121 736 |
| Total liabilities | 3855 | 2 807 660 | 2 848 041 | 2 651 912 | 2 757 685 | 2 954 783 | 3 846 179 | 14 068 622 | 17 153 723 | 10 856 495 | 10 225 893 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3855 | 140 | 20 240 | 56 388 | -70 710 | -322 117 | -272 692 | -408 893 | -751 510 | -128 453 | 622 144 |
| Total equity | -1055 | -915 | 19 326 | 75 714 | 5004 | -317 113 | -589 805 | -998 698 | -1 750 208 | 3 118 539 | 3 730 855 |
| Income statement | |||||||||||
| Sales revenue | 0 | 327 152 | 475 907 | 481 976 | 473 170 | 364 204 | 45 582 | 5255 | 6811 | 1 008 130 | 1 724 297 |
| Operating profit | -3855 | 67 016 | 89 315 | 105 240 | 85 009 | 35 891 | -191 496 | -228 065 | -751 510 | -124 652 | 919 722 |
| Profit before income tax | -3855 | 140 | 20 240 | 64 227 | -48 738 | -302 987 | -272 692 | -407 515 | -751 510 | -124 652 | 622 144 |
| Profit for the reporting year | -3855 | 140 | 20 240 | 56 388 | -70 710 | -322 117 | -272 692 | -408 893 | -751 510 | -128 453 | 622 144 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 2 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9828 |
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: SIA "V 118"
Overview
SIA "V 118" (reg. no. 40103956848) is a limited liability company. The company was registered in 2015 and has been in the register for 10 years. Registered address: Rīga, Krišjāņa Valdemāra iela 118.
Financial results
Revenue in 2025 was 1 724 297 €, up 71,0% on the previous year (1 008 130 €). This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 622 144 € (36,1% of revenue). The company was profitable in 4 of the 11 published years. In 2025 the company had 1 employees. Revenue per employee was 1 724 297 €. At the end of 2025, total assets were 13 956 748 € and equity 3 730 855 € (26,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 4 owners. The largest stake (50%) is held by SIA AGC ESTATE.
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.