SIA "European Construction Solutions"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 3078 € (3% 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 statements2018–2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 20 311 | 11 858 | 47 968 | 89 796 | 102 701 | 128 099 | 132 758 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 20 311 | 11 858 | 47 968 | 89 796 | 102 701 | 128 099 | 132 758 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 7121 | 15 811 | 25 191 | 60 504 | 34 796 | 30 984 | 20 000 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 7121 | 15 811 | 25 191 | 60 504 | 34 796 | 30 984 | 20 000 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | 13 189 | -8143 | 26 730 | 18 015 | 48 083 | 32 276 | 18 721 |
| Total equity | 13 190 | -3953 | 22 777 | 29 292 | 67 905 | 97 115 | 112 758 |
| Income statement | |||||||
| Sales revenue | 98 641 | 83 391 | 187 106 | 937 964 | 1 018 509 | 930 123 | 1 087 528 |
| Operating profit | 13 189 | -8143 | 26 559 | 18 021 | 60 604 | 59 386 | 46 082 |
| Profit before income tax | 13 189 | -8143 | 26 730 | 18 015 | 60 567 | 44 969 | 25 043 |
| Profit for the reporting year | 13 189 | -8143 | 26 730 | 18 015 | 48 083 | 32 276 | 18 721 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 4 | 5 | 5 | 4 | 10 | 7 | 7 |
| Calculated dividend | — | 9000 | 0 | 11 500 | 9470 | 3066 | 3078 |
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 "European Construction Solutions"
Overview
SIA "European Construction Solutions" (reg. no. 40203113392) is a limited liability company. The company was registered in 2017 and has been in the register for 8 years. Registered address: Rīga, Gaujas iela 43 - 10.
Financial results
Revenue in 2024 was 1 087 528 €, up 16,9% on the previous year (930 123 €). From 2018 to 2024, revenue grew by an average of 49,2% per year. This is the company's highest revenue among the published years (2018–2024). Net profit for 2024 was 18 721 € (1,7% of revenue). The company was profitable in 6 of the 7 published years. In 2024 the company had 7 employees. Revenue per employee was 155 361 €. At the end of 2024, total assets were 132 758 € and equity 112 758 € (84,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.