SIA "Modern House"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 28 008 € (30% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 13 266 | 97 893 | 164 605 | 273 606 | 496 441 |
| Total non-current assets | 37 581 | 29 806 | 23 010 | 39 985 | 234 664 |
| Total assets | 50 847 | 127 699 | 187 615 | 313 591 | 731 105 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 34 617 | 68 035 | 147 656 | 219 612 | 495 138 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 120 726 |
| Total liabilities | 34 617 | 68 035 | 147 656 | 219 612 | 615 864 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -23 770 | 43 434 | -18 303 | 65 608 | 49 270 |
| Total equity | 16 230 | 59 664 | 39 959 | 93 979 | 115 241 |
| Income statement | |||||
| Sales revenue | 0 | 364 868 | 603 856 | 895 077 | 2 280 863 |
| Operating profit | -23 770 | 43 434 | -18 303 | 65 608 | 51 746 |
| EBITDA | -23 587 | 44 534 | -17 203 | 68 958 | 62 797 |
| Profit before income tax | -23 770 | 43 434 | -18 303 | 65 608 | 49 270 |
| Profit for the reporting year | -23 770 | 43 434 | -18 303 | 65 608 | 49 270 |
| Labour costs | 4867 | 95 434 | 116 715 | 168 318 | 177 731 |
| Depreciation of non-current assets | 183 | 1100 | 1100 | 3350 | 11 051 |
| Other indicators | |||||
| Employees | 7 | 10 | 13 | 15 | 15 |
| Calculated dividend | — | 0 | 1402 | 11 588 | 28 008 |
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 "Modern House"
Overview
SIA "Modern House" (reg. no. 40203251766) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Siguldas nov., Sigulda, Lauku iela 1.
Financial results
Revenue in 2025 was 2 280 863 €, up 155% on the previous year (895 077 €). This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 49 270 € (2,2% of revenue). The company was profitable in 3 of the 5 published years. In 2025 the company had 15 employees. Revenue per employee was 152 058 €. At the end of 2025, total assets were 731 105 € and equity 115 241 € (15,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.