SIA "GrowEstate"Active

40203313939Limited liability companyFounded 2021

Key figures

1 192 561 €+841,8%
Revenue 2023
+365,0%
Average annual growth 2021–2023
0500 k1 m1,5 m202120222023

Ratios

2023
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m202120222023
Summary of financial statements2021–2023
202120222023
Balance sheet — assets
Total current assets48 413737 109694 654
Total non-current assets798 9072 344 2032 495 962
Total assets847 3203 081 3123 190 616
Balance sheet — liabilities and equity
Current liabilities927 1491 712 3212 982 589
Non-current liabilities01 530 8500
Total liabilities927 1493 243 1712 982 589
Share capital———
Retained earnings of previous periods———
Profit for the year-82 629-353 888371 298
Total equity-79 829-161 859208 027
Income statement
Sales revenue55 159126 6221 192 561
Operating profit-57 816-183 255646 512
Profit before income tax-82 629-353 888371 298
Profit for the reporting year-82 629-353 888371 298
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees474
Calculated dividend—00

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 "GrowEstate"Iļjins Romāns5Ignatenko Jekaterina
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "GrowEstate"

Overview

SIA "GrowEstate" (reg. no. 40203313939) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Ģertrūdes iela 125 - 23.

Financial results

Revenue in 2023 was 1 192 561 €, up 842% on the previous year (126 622 €). From 2021 to 2023, revenue grew by an average of 365% per year. Net profit for 2023 was 371 298 € (31,1% of revenue). The company was profitable in 1 of the 3 published years. In 2023 the company had 4 employees (7 a year earlier). Revenue per employee was 298 140 €. At the end of 2023, total assets were 3 190 616 € and equity 208 027 € (6,5% of assets).

Management and owners

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.