IPM LATVIA CONSTRUCTION SIAActive

40203262929Limited liability companyFounded 2020

Key figures

202 709 €+75,8%
Revenue 2025
+47,6%
Average annual growth 2020–2025
0100 k200 k300 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k202020212022202320242025
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets24 25294 049125 535113 14695 641108 668
Total non-current assets016 46811 8047458860813 523
Total assets24 252110 517137 339120 604104 249122 191
Balance sheet — liabilities and equity
Current liabilities11 13765 49892 28772 24569 290141 557
Non-current liabilities000000
Total liabilities11 13765 49892 28772 24569 290141 557
Share capital——————
Retained earnings of previous periods——————
Profit for the year10 31529 306343307-13 400-54 326
Total equity13 11545 01945 05248 35934 959-19 366
Income statement
Sales revenue28 931177 195178 644177 439115 330202 709
Operating profit10 31529 306563332-13 400-54 326
Profit before income tax10 31529 306563332-13 400-54 326
Profit for the reporting year10 31529 306343307-13 400-54 326
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees244445
Calculated dividend—00000

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100%IPM LATVIA CONSTRUCTI…2Puļķis Ilgvars
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Summary: IPM LATVIA CONSTRUCTION SIA

Overview

IPM LATVIA CONSTRUCTION SIA (reg. no. 40203262929) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Bauskas nov., Iecava, Rīgas iela 3.

Financial results

Revenue in 2025 was 202 709 €, up 75,8% on the previous year (115 330 €). From 2020 to 2025, revenue grew by an average of 47,6% per year. This is the company's highest revenue among the published years (2020–2025). 2025 ended with a loss of 54 326 €. The company was profitable in 4 of the 6 published years. In 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 40 542 €.

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 (-19 366 €).

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.