Sabiedrība ar ierobežotu atbildību "Glass Design"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 50 000 € (58% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2022–2025
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Balance sheet — assets | ||||
| Total current assets | 58 412 | 58 383 | 79 946 | 97 467 |
| Total non-current assets | 48 142 | 38 382 | 27 309 | 16 615 |
| Total assets | 106 554 | 96 765 | 107 255 | 114 082 |
| Balance sheet — liabilities and equity | ||||
| Current liabilities | 23 778 | 37 092 | 21 185 | 83 733 |
| Non-current liabilities | 0 | 0 | 0 | 0 |
| Total liabilities | 23 778 | 37 092 | 21 185 | 83 733 |
| Share capital | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — |
| Profit for the year | 22 776 | -23 103 | 26 397 | -5721 |
| Total equity | 82 776 | 59 673 | 86 070 | 30 349 |
| Income statement | ||||
| Sales revenue | 159 473 | 235 338 | 310 330 | 279 951 |
| Operating profit | 22 776 | -23 094 | 26 417 | -5721 |
| Profit before income tax | 22 776 | -23 094 | 26 417 | -5721 |
| Profit for the reporting year | 22 776 | -23 103 | 26 397 | -5721 |
| Labour costs | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — |
| Other indicators | ||||
| Employees | 8 | 8 | 8 | 8 |
| Calculated dividend | — | 0 | 0 | 50 000 |
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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Summary: Sabiedrība ar ierobežotu atbildību "Glass Design"
Overview
Sabiedrība ar ierobežotu atbildību "Glass Design" (reg. no. 40203393440) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Jelgavas iela 74A - 2.
Financial results
Revenue in 2025 was 279 951 €, down 9,8% on the previous year (310 330 €). From 2022 to 2025, revenue grew by an average of 20,6% per year. 2025 ended with a loss of 5721 €. The company was profitable in 2 of the 4 published years. In 2025 the company had 8 employees. Revenue per employee was 34 994 €. At the end of 2025, total assets were 114 082 € and equity 30 349 € (26,6% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (55%) is held by 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.