SIA PP PropertyActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 9304 | 12 463 | 12 130 | 9190 | 25 541 | 456 664 | 406 261 | 409 463 | 426 453 |
| Total non-current assets | 352 485 | 330 079 | 339 129 | 372 208 | 2 786 910 | 2 964 765 | 3 061 129 | 3 316 887 | 3 629 027 |
| Total assets | 361 789 | 342 542 | 351 259 | 381 398 | 2 812 451 | 3 421 429 | 3 467 390 | 3 726 350 | 4 055 480 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 21 394 | 42 369 | 92 631 | 119 611 | 402 093 | 290 740 | 226 609 | 151 015 | 240 093 |
| Non-current liabilities | 352 396 | 326 931 | 273 371 | 244 311 | 881 784 | 1 300 126 | 1 323 147 | 1 542 616 | 1 468 746 |
| Total liabilities | 373 790 | 369 300 | 366 002 | 363 922 | 1 283 877 | 1 590 866 | 1 549 756 | 1 693 631 | 1 708 839 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | -14 801 | -14 757 | 12 015 | 32 219 | 30 173 | 381 008 | 166 090 | 194 321 | 172 941 |
| Total equity | -12 001 | -26 758 | -14 743 | 17 476 | 1 528 574 | 1 830 563 | 1 917 634 | 2 032 719 | 2 346 641 |
| Income statement | |||||||||
| Sales revenue | 39 046 | 94 544 | 119 297 | 131 593 | 229 762 | 407 643 | 579 308 | 691 736 | 706 601 |
| Operating profit | -4784 | 579 | 25 622 | 44 112 | 51 248 | 421 708 | 272 456 | 276 806 | 243 659 |
| Profit before income tax | -14 801 | -13 841 | 12 513 | 32 373 | 30 192 | 382 476 | 166 427 | 194 490 | 173 022 |
| Profit for the reporting year | -14 801 | -14 757 | 12 015 | 32 219 | 30 173 | 381 008 | 166 090 | 194 321 | 172 941 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 79 019 | 79 019 | 79 236 | 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: SIA PP Property
Overview
SIA PP Property (reg. no. 40203049473) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Ādažu nov., Ādaži, Jaunkūlu iela 21.
Financial results
Revenue in 2025 was 706 601 €, up 2,1% on the previous year (691 736 €). From 2017 to 2025, revenue grew by an average of 43,6% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 172 941 € (24,5% of revenue). The company was profitable in 7 of the 9 published years. In 2025 the company had 3 employees. Revenue per employee was 235 534 €. At the end of 2025, total assets were 4 055 480 € and equity 2 346 641 € (57,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is Sabiedrība ar ierobežotu atbildību "KnK Mefab". 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.