SIA SAREActive

40203258571Limited liability companyFounded 2020

Key figures

50 823 €+611,0%
Revenue 2025
+106,8%
Average annual growth 2021–2025
020 k40 k60 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k30 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets3680366246517609947
Total non-current assets00005251
Total assets36803662465176015 198
Balance sheet — liabilities and equity
Current liabilities0395217422637
Non-current liabilities300030890024 000
Total liabilities3000312852174226 637
Share capital—————
Retained earnings of previous periods—————
Profit for the year-2120-146-121-395-11 457
Total equity68053441318-11 439
Income statement
Sales revenue278100714850 823
Operating profit-2070-96-71-395-11 457
Profit before income tax-2070-96-71-395-11 457
Profit for the reporting year-2120-146-121-395-11 457
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees10001
Calculated dividend—0000

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 SARE2Mugins Kārlis
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA SARE

Overview

SIA SARE (reg. no. 40203258571) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Ogres nov., Suntažu pag., "Zilbriezes".

Financial results

Revenue in 2025 was 50 823 €, up 611% on the previous year (7148 €). From 2021 to 2025, revenue grew by an average of 107% per year. This is the company's highest revenue among the published years (2021–2025). 2025 ended with a loss of 11 457 €. The company made a loss in all 5 published years. In 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 50 823 €.

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 (-11 439 €).

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.