198 SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 16 403 | 9143 | 10 008 | 6007 | 52 205 | 68 033 | 27 291 |
| Total non-current assets | 119 819 | 112 262 | 104 707 | 100 291 | 93 535 | 128 368 | 124 882 |
| Total assets | 136 222 | 121 405 | 114 715 | 106 298 | 145 740 | 196 401 | 152 173 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 441 | 587 | 876 | 558 | 609 | 11 865 | 1629 |
| Non-current liabilities | 140 000 | 133 300 | 133 300 | 133 300 | 133 300 | 123 300 | 85 550 |
| Total liabilities | 140 441 | 133 887 | 134 176 | 133 858 | 133 909 | 135 165 | 87 179 |
| Share capital | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — |
| Profit for the year | -7019 | -8263 | -6979 | -8099 | -11 009 | 49 405 | 3758 |
| Total equity | -4219 | -12 482 | -19 461 | -27 560 | 11 831 | 61 236 | 64 994 |
| Income statement | |||||||
| Sales revenue | 0 | 2140 | 3900 | 3600 | 3300 | 72 600 | 43 495 |
| Operating profit | -6969 | -8213 | -6929 | -8049 | -10 959 | 46 256 | 502 |
| Profit before income tax | -6969 | -8213 | -6929 | -8049 | -10 959 | 49 455 | 3758 |
| Profit for the reporting year | -7019 | -8263 | -6979 | -8099 | -11 009 | 49 405 | 3758 |
| Labour costs | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Calculated dividend | — | 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: 198 SIA
Overview
198 SIA (reg. no. 40203183949) is a limited liability company. The company was registered in 2018 and has been in the register for 7 years. Registered address: Ropažu nov., Ropažu pag., Zaķumuiža, Ozolkalna iela 4.
Financial results
Revenue in 2025 was 43 495 €, down 40,1% on the previous year (72 600 €). Net profit for 2025 was 3758 € (8,6% of revenue). The company was profitable in 2 of the 7 published years. In 2025 the company had 1 employees. Revenue per employee was 43 495 €. At the end of 2025, total assets were 152 173 € and equity 64 994 € (42,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (63,2%) is held by Iris Spain Properties SL.
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.