SIA "NORDES BŪVE"Active

40203014448Limited liability companyFounded 2016

Key figures

58 138 398 €+38,3%
Revenue 2025
+11,9%
Average annual growth 2017–2025
020 m40 m60 m80 m’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 m20 m30 m’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

No dividends were paid.

History
20250 €
2024380 000 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
Summary of financial statements2017–2025
201720182019202020212022202320242025
Balance sheet — assets
Total current assets7 969 05021 365 54515 563 3974 450 9371 353 1166 345 4225 600 35723 477 10917 749 187
Total non-current assets0000017 1412273545 285774 349
Total assets7 969 05021 365 54515 563 3974 450 9371 353 1166 362 5635 602 63024 022 39418 523 536
Balance sheet — liabilities and equity
Current liabilities7 918 21321 311 30515 493 1364 398 5821 305 4176 275 8654 946 52722 344 67314 914 416
Non-current liabilities0000000196 781312 822
Total liabilities7 918 21321 311 30515 493 1364 398 5821 305 4176 275 8654 946 52722 541 45415 227 238
Share capital—————————
Retained earnings of previous periods—————————
Profit for the year47 837340316 021-17 906-465638 999569 405207 8361 815 358
Total equity50 83754 24070 26152 35547 69986 698656 1031 480 9403 296 298
Income statement
Sales revenue23 700 41260 217 36542 801 11516 563 2098 846 48214 506 19616 810 72242 039 08558 138 398
Operating profit32 163-3549-3360-17 906-488635 707569 5431 085 0481 729 361
Profit before income tax55 715340316 021-17 906-465638 999569 4051 299 2361 840 003
Profit for the reporting year47 837340316 021-17 906-465638 999569 405207 8361 815 358
Labour costs—————————
Depreciation of non-current assets—————————
Other indicators
Employees18962352667
Calculated dividend0000000380 0000

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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95%5%75%SIA "NORDES BŪVE"BIH - Baltische Indus…2Locovs JevgeņijsSIA "NORDES ENERGY"
CompanyPersonShareholderOther roleAdditional link

Related companies

Companies in which this company is a member

Summary: SIA "NORDES BŪVE"

Overview

SIA "NORDES BŪVE" (reg. no. 40203014448) is a limited liability company. The company was registered in 2016 and has been in the register for 10 years. Registered address: Rīga, Skanstes iela 50.

Financial results

Revenue in 2025 was 58 138 398 €, up 38,3% on the previous year (42 039 085 €). From 2017 to 2025, revenue grew by an average of 11,9% per year. Net profit for 2025 was 1 815 358 € (3,1% of revenue). The company was profitable in 7 of the 9 published years. In 2025 the company had 67 employees (26 a year earlier). Revenue per employee was 867 737 €. At the end of 2025, total assets were 18 523 536 € and equity 3 296 298 € (17,8% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (95%) is held by BIH - Baltische Industrieholding GmbH. The company holds a stake in one other active Latvian company.

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.