SIA "Nordic R.E.D."Active

40203368674Limited liability companyFounded 2021

Key figures

122 133 €+319,2%
Revenue 2025
-20,8%
Average annual change 2022–2025
0100 k200 k300 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k2022202320242025
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets26 78815125 54535 343
Total non-current assets36 570299529951697
Total assets63 358314628 54037 040
Balance sheet — liabilities and equity
Current liabilities529020735106551
Non-current liabilities0000
Total liabilities529020735106551
Share capital————
Retained earnings of previous periods————
Profit for the year55 268-55 12922 0915459
Total equity58 068293925 03030 489
Income statement
Sales revenue246 20645 36629 135122 133
Operating profit55 274-55 12922 0915459
Profit before income tax55 274-55 12922 0915459
Profit for the reporting year55 268-55 12922 0915459
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees2122
Calculated dividend—000

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 "Nordic R.E.D."1Grasmanis Raimonds
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Summary: SIA "Nordic R.E.D."

Overview

SIA "Nordic R.E.D." (reg. no. 40203368674) is a limited liability company. The company was registered in 2021 and has been in the register for 4 years. Registered address: Kuldīgas nov., Kuldīga, Vijolīšu iela 23.

Financial results

Revenue in 2025 was 122 133 €, up 319% on the previous year (29 135 €). From 2022 to 2025, revenue declined by an average of 20,8% per year. Net profit for 2025 was 5459 € (4,5% of revenue). The company was profitable in 3 of the 4 published years. In 2025 the company had 2 employees. Revenue per employee was 61 067 €. At the end of 2025, total assets were 37 040 € and equity 30 489 € (82,3% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.