SIA KadNet GroupActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2020–2025
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 67 457 | 238 107 | 281 961 | 49 836 | 45 427 | 66 102 |
| Total non-current assets | 388 300 | 303 654 | 219 269 | 135 288 | 51 307 | 0 |
| Total assets | 455 757 | 541 761 | 501 230 | 185 124 | 96 734 | 66 102 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 502 577 | 132 944 | 30 660 | 3976 | 3166 | 3280 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 502 577 | 132 944 | 30 660 | 3976 | 3166 | 3280 |
| Share capital | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — |
| Profit for the year | -46 920 | 455 637 | 61 753 | -207 128 | -87 580 | -30 746 |
| Total equity | -46 820 | 408 817 | 470 570 | 181 148 | 93 568 | 62 822 |
| Income statement | ||||||
| Sales revenue | 348 677 | 971 247 | 384 086 | 56 543 | 27 043 | 53 425 |
| Operating profit | -46 920 | 455 637 | 61 753 | -207 128 | -87 580 | -30 746 |
| Profit before income tax | -46 920 | 455 637 | 61 753 | -207 128 | -87 580 | -30 746 |
| Profit for the reporting year | -46 920 | 455 637 | 61 753 | -207 128 | -87 580 | -30 746 |
| Labour costs | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — |
| Other indicators | ||||||
| Employees | 1 | 1 | 1 | 2 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 82 294 | 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.
Connections graph
Related companies
Summary: SIA KadNet Group
Overview
SIA KadNet Group (reg. no. 40203225547) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Matīsa iela 61 - 31.
Financial results
Revenue in 2025 was 53 425 €, up 97,6% on the previous year (27 043 €). From 2020 to 2025, revenue declined by an average of 31,3% per year. 2025 ended with a loss of 30 746 €. The company was profitable in 2 of the 6 published years. In 2025 the company had 1 employees. Revenue per employee was 53 425 €. At the end of 2025, total assets were 66 102 € and equity 62 822 € (95,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (74%) is held by 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.