SIA "Improvement"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 44 860 | 117 276 | 131 113 | 238 453 | 42 104 | 37 582 | 62 226 | 124 315 |
| Total non-current assets | 2957 | 33 134 | 143 924 | 147 266 | 187 981 | 202 095 | 211 410 | 274 290 |
| Total assets | 47 817 | 150 410 | 275 037 | 385 719 | 230 085 | 239 677 | 273 636 | 398 605 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 4077 | 59 565 | 156 417 | 290 864 | 168 537 | 151 025 | 0 | 0 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 106 467 | 172 015 |
| Total liabilities | 4077 | 59 565 | 156 417 | 290 864 | 168 537 | 151 025 | 106 467 | 172 015 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 40 940 | 21 101 | 27 775 | 7699 | -278 306 | 27 104 | 78 517 | 59 421 |
| Total equity | 43 740 | 90 845 | 118 620 | 94 855 | 61 548 | 88 652 | 167 169 | 226 590 |
| Income statement | ||||||||
| Sales revenue | 133 044 | 326 293 | 201 487 | 401 508 | 360 754 | 492 091 | 700 021 | 898 156 |
| Operating profit | 40 940 | 27 652 | 34 534 | 15 898 | -271 624 | 32 584 | 82 717 | 109 971 |
| Profit before income tax | 40 940 | 21 101 | 27 775 | 7699 | -278 306 | 27 104 | 78 517 | 59 421 |
| Profit for the reporting year | 40 940 | 21 101 | 27 775 | 7699 | -278 306 | 27 104 | 78 517 | 59 421 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 3 | 12 | 7 | 4 | 6 | 7 | 7 | 12 |
| Calculated dividend | — | 0 | 0 | 31 464 | 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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Summary: SIA "Improvement"
Overview
SIA "Improvement" (reg. no. 40203116308) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Krasta iela 86 - 33.
Financial results
Revenue in 2025 was 898 156 €, up 28,3% on the previous year (700 021 €). From 2018 to 2025, revenue grew by an average of 31,4% per year. This is the company's highest revenue among the published years (2018–2025). Net profit for 2025 was 59 421 € (6,6% of revenue). The company was profitable in 7 of the 8 published years. In 2025 the company had 12 employees (7 a year earlier). Revenue per employee was 74 846 €. At the end of 2025, total assets were 398 605 € and equity 226 590 € (56,8% 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.