Grand Ventures SIAActive

40203341307Limited liability companyFounded 2021

Key figures

51 483 €-49,0%
Revenue 2025
+58,5%
Average annual growth 2022–2025
050 k100 k150 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
020 k40 k60 k2022202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~25 091 €
20230 €
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets5944782910 29111 281
Total non-current assets45 79848 50839 14140 359
Total assets51 74256 33749 43251 640
Balance sheet — liabilities and equity
Current liabilities1907116129362296
Non-current liabilities19 50019 50038 04051 040
Total liabilities21 40720 66140 97653 336
Share capital————
Retained earnings of previous periods————
Profit for the year-24655341-2129-10 002
Total equity30 33535 6768456-1696
Income statement
Sales revenue12 92513 896100 92051 483
Operating profit-236553915121-6814
Profit before income tax-236553915121-6814
Profit for the reporting year-24655341-2129-10 002
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees0111
Calculated dividend—025 0910

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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70%30%Grand Ventures SIA9Krūze ArtūrsKrūze Kristaps
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Summary: Grand Ventures SIA

Overview

Grand Ventures SIA (reg. no. 40203341307) is a limited liability company. The company was registered in 2021 and has been in the register for 5 years. Registered address: Rīga, Aleksandra Čaka iela 125 - 7.

Financial results

Revenue in 2025 was 51 483 €, down 49,0% on the previous year (100 920 €). From 2022 to 2025, revenue grew by an average of 58,5% per year. 2025 ended with a loss of 10 002 €. The company was profitable in 1 of the 4 published years. In 2025 the company had 1 employees. Revenue per employee was 51 483 €.

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (70%) is held by a private individual.

Points to note

Equity was negative at the end of 2025 (-1696 €).

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.