SIA "Distant Race Management"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 2794 | 2739 | 2493 | 223 369 | 126 024 | 47 225 | 28 229 | 19 779 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 2794 | 2739 | 2493 | 223 369 | 126 024 | 47 225 | 28 229 | 19 779 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 0 | 50 | 50 | 7298 | 12 308 | 15 078 | 20 740 | 24 777 |
| Non-current liabilities | 0 | 0 | 0 | 230 000 | 260 000 | 260 000 | 260 000 | 260 000 |
| Total liabilities | 0 | 50 | 50 | 237 298 | 272 308 | 275 078 | 280 740 | 284 777 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | -6 | -105 | -246 | -33 592 | -132 354 | -81 569 | -24 658 | -12 487 |
| Total equity | 2794 | 2689 | 2443 | -13 929 | -146 284 | -227 853 | -252 511 | -264 998 |
| Income statement | ||||||||
| Sales revenue | 0 | 0 | 0 | 1000 | 6235 | 5494 | 31 264 | 26 256 |
| Operating profit | -6 | -55 | -196 | -32 528 | -126 969 | -76 169 | -19 258 | -7087 |
| Profit before income tax | -6 | -55 | -196 | -33 394 | -132 354 | -81 569 | -24 658 | -12 487 |
| Profit for the reporting year | -6 | -105 | -246 | -33 592 | -132 354 | -81 569 | -24 658 | -12 487 |
| Labour costs | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||
| Employees | 0 | 0 | 0 | 3 | 4 | 3 | 2 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 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 "Distant Race Management"
Overview
SIA "Distant Race Management" (reg. no. 40203146904) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Rīga, Kungu iela 25 - 66.
Financial results
Revenue in 2025 was 26 256 €, down 16,0% on the previous year (31 264 €). 2025 ended with a loss of 12 487 €. The company made a loss in all 8 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 26 256 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (94,8%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-264 998 €).
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.