SIA "TechDev"Active

40203413022Limited liability companyFounded 2022

Key figures

41 452 €-13,5%
Revenue 2025
+25,9%
Average annual growth 2022–2025
025 k50 k75 k100 k2022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k2022202320242025

Dividends

calculated
2025

No dividends were paid.

History
20250 €
2024 ~5526 €
2023 ~3736 €
Summary of financial statements2022–2025
2022202320242025
Balance sheet — assets
Total current assets663643 97757 63565 839
Total non-current assets1123260129502134
Total assets775946 57860 58567 973
Balance sheet — liabilities and equity
Current liabilities1223107712 9549067
Non-current liabilities0000
Total liabilities1223107712 9549067
Share capital————
Retained earnings of previous periods————
Profit for the year373642 701765611 275
Total equity653645 50147 63158 906
Income statement
Sales revenue20 76883 25147 92941 452
Operating profit373642 701765611 275
Profit before income tax373642 701765611 275
Profit for the reporting year373642 701765611 275
Labour costs————
Depreciation of non-current assets————
Other indicators
Employees2222
Calculated dividend—373655260

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

Click a node to see its other connections.

100%25%SIA "TechDev"1Veldre Juris DāvisSIA "mySilva"
CompanyPersonShareholderOther roleAdditional link

Related companies

Companies in which this company is a member
Shared members or board members

Summary: SIA "TechDev"

Overview

SIA "TechDev" (reg. no. 40203413022) is a limited liability company. The company was registered in 2022 and has been in the register for 4 years. Registered address: Rīga, Skolas iela 30 - 35.

Financial results

Revenue in 2025 was 41 452 €, down 13,5% on the previous year (47 929 €). From 2022 to 2025, revenue grew by an average of 25,9% per year. Net profit for 2025 was 11 275 € (27,2% of revenue). The company was profitable in all 4 published years. In 2025 the company had 2 employees. Revenue per employee was 20 726 €. At the end of 2025, total assets were 67 973 € and equity 58 906 € (86,7% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.

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.