SIA "Renovations"Active

40203288449Limited liability companyFounded 2021

Key figures

248 024 €-93,6%
Revenue 2025
-33,6%
Average annual change 2021–2025
01 m2 m3 m4 m20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets130 801129 8601 312 929241 675239 368
Total non-current assets017 42127 81513 76622 109
Total assets130 801147 2811 340 744255 441261 477
Balance sheet — liabilities and equity
Current liabilities121 866135 9431 181 00041 58935 081
Non-current liabilities00000
Total liabilities121 866135 9431 181 00041 58935 081
Share capital—————
Retained earnings of previous periods—————
Profit for the year61352403148 40654 10812 544
Total equity893511 338159 744213 852226 396
Income statement
Sales revenue1 277 167214 8031 027 7603 857 296248 024
Operating profit91 868542154 45950 100-4228
Profit before income tax92 3882641148 44454 34012 609
Profit for the reporting year61352403148 40654 10812 544
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees55442
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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85%15%SIA "Renovations"9Urmans Kalvis3Živuļins Nauris
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "Renovations"

Overview

SIA "Renovations" (reg. no. 40203288449) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Ciemupes iela 2 - 1.

Financial results

Revenue in 2025 was 248 024 €, down 93,6% on the previous year (3 857 296 €). From 2021 to 2025, revenue declined by an average of 33,6% per year. Net profit for 2025 was 12 544 € (5,1% of revenue). The company was profitable in all 5 published years. In 2025 the company had 2 employees (4 a year earlier). Revenue per employee was 124 012 €. At the end of 2025, total assets were 261 477 € and equity 226 396 € (86,6% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (85%) 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.