SIA Element ProjectsActive

40203201888Limited liability companyFounded 2019

Key figures

1319 €-86,7%
Revenue 2025
+4,1%
Average annual growth 2019–2025
010 k20 k30 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 k4 k6 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets106346752842295214620342017
Total non-current assets0000000
Total assets106346752842295214620342017
Balance sheet — liabilities and equity
Current liabilities401258552233278327832923297
Non-current liabilities0000000
Total liabilities401258552233278327832923297
Share capital———————
Retained earnings of previous periods———————
Profit for the year-2961177-326-1044-149-126-22
Total equity-29588261-983-1132-1258-1280
Income statement
Sales revenue1036958620 4820098931319
Operating profit-2961177-276-994-99-12628
Profit before income tax-2961177-276-994-99-12628
Profit for the reporting year-2961177-326-1044-149-126-22
Labour costs———————
Depreciation of non-current assets———————
Other indicators
Employees1000000
Calculated dividend—000000

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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100%SIA Element Projects2Romanova Inga
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA Element Projects

Overview

SIA Element Projects (reg. no. 40203201888) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Bērzpils iela 63 - 46.

Financial results

Revenue in 2025 was 1319 €, down 86,7% on the previous year (9893 €). From 2019 to 2025, revenue grew by an average of 4,1% per year. 2025 ended with a loss of 22 €. The company was profitable in 1 of the 7 published years. According to the report, the company had no employees in 2025.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-1280 €).

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.