SIA "SP GROUPS"Active

40203230035Limited liability companyFounded 2019

Key figures

49 016 €+39,4%
Revenue 2023
+21,6%
Average annual growth 2020–2023
020 k40 k60 k2020202120222023

Ratios

2023
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02,5 k5 k7,5 k2020202120222023
Summary of financial statements2020–2023
2020202120222023
Balance sheet — assets
Total current assets1185523918656555
Total non-current assets0000
Total assets1185523918656555
Balance sheet — liabilities and equity
Current liabilities0000
Non-current liabilities0000
Total liabilities0000
Share capital————
Retained earnings of previous periods————
Profit for the year10854054-33744690
Total equity1185523918656555
Income statement
Sales revenue27 27837 76535 15049 016
Operating profit10854054-33744690
Profit before income tax10854054-33744690
Profit for the reporting year10854054-33744690
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees2354
Calculated dividend—000

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
100%SIA "SP GROUPS"Muthukrishnan Pragade…
CompanyPersonShareholderOther roleAdditional link

Related companies

Same registered address

Summary: SIA "SP GROUPS"

Overview

SIA "SP GROUPS" (reg. no. 40203230035) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Rīga, Marijas iela 16 - 6.

Financial results

Revenue in 2023 was 49 016 €, up 39,4% on the previous year (35 150 €). From 2020 to 2023, revenue grew by an average of 21,6% per year. This is the company's highest revenue among the published years (2020–2023). Net profit for 2023 was 4690 € (9,6% of revenue). The company was profitable in 3 of the 4 published years. In 2023 the company had 4 employees (5 a year earlier). Revenue per employee was 12 254 €. At the end of 2023, total assets were 6555 € and equity 6555 € (100% of assets).

Management and owners

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

Points to note

The latest published annual report is for 2023.

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.