SIA "SIRIN Development"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 354 310 | 532 170 | 500 475 | 465 483 |
| Total non-current assets | 1335 | 1001 | 45 882 | 79 739 |
| Total assets | 355 645 | 533 171 | 546 357 | 545 222 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 388 178 | 137 073 | 199 490 | 182 589 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 388 178 | 137 073 | 199 490 | 182 589 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | -35 333 | 28 631 | -49 231 | 15 766 |
| Total equity | -32 533 | 396 098 | 346 867 | 362 633 |
| Income statement | ||||
| Sales revenue | 291 424 | 407 703 | 549 525 | 655 022 |
| Operating profit | -24 562 | 43 222 | -58 200 | 2605 |
| Profit before income tax | -27 348 | 32 742 | -48 268 | 15 894 |
| Profit for the reporting year | -35 333 | 28 631 | -49 231 | 15 766 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 4 | 6 | 10 | 13 |
| Calculated dividend | — | 0 | 0 | 0 |
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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Summary: SIA "SIRIN Development"
Overview
SIA "SIRIN Development" (reg. no. 40203359506) is a limited liability company. The company was registered in 2021 and has been in the register for 4 years. Registered address: Rīga, Grenču iela 5.
Financial results
Revenue in 2025 was 655 022 €, up 19,2% on the previous year (549 525 €). From 2022 to 2025, revenue grew by an average of 31,0% per year. This is the company's highest revenue among the published years (2022–2025). Net profit for 2025 was 15 766 € (2,4% of revenue). The company was profitable in 2 of the 4 published years. In 2025 the company had 13 employees (10 a year earlier). Revenue per employee was 50 386 €. At the end of 2025, total assets were 545 222 € and equity 362 633 € (66,5% of assets).
Management and owners
The board has 3 members. The sole owner of the company is UAB "ME HOLDING NT".
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.