SIA "LV RACING"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 15 831 | 33 461 | 134 726 | 43 518 |
| Total non-current assets | 41 310 | 78 037 | 80 293 | 46 857 |
| Total assets | 57 141 | 111 498 | 215 019 | 90 375 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 2749 | 23 226 | 85 748 | 30 100 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 2749 | 23 226 | 85 748 | 30 100 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 54 391 | 33 880 | 40 999 | -68 997 |
| Total equity | 54 392 | 88 272 | 129 271 | 60 275 |
| Income statement | ||||
| Sales revenue | 194 745 | 332 790 | 257 503 | 88 372 |
| Operating profit | 54 521 | 34 442 | 41 235 | -68 575 |
| Profit before income tax | 54 521 | 34 442 | 41 235 | -68 575 |
| Profit for the reporting year | 54 391 | 33 880 | 40 999 | -68 997 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 3 | 3 | 3 | 3 |
| 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 "LV RACING"
Overview
SIA "LV RACING" (reg. no. 40203392619) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Mirdzas Ķempes iela 4 - 6.
Financial results
Revenue in 2025 was 88 372 €, down 65,7% on the previous year (257 503 €). From 2022 to 2025, revenue declined by an average of 23,2% per year. This is the company's lowest revenue among the published years (2022–2025). 2025 ended with a loss of 68 997 €. The company was profitable in 3 of the 4 published years. In 2025 the company had 3 employees. Revenue per employee was 29 457 €. At the end of 2025, total assets were 90 375 € and equity 60 275 € (66,7% 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.