SIA "Off-road equipment"Active
Key figures
Ratios
2022Balance sheet structure
Summary of financial statements2018–2022
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 4800 | 11 211 | 26 151 | 36 479 | 57 127 |
| Total non-current assets | 2291 | 2534 | 2776 | 31 016 | 55 032 |
| Total assets | 7091 | 13 745 | 28 927 | 67 495 | 112 159 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 2416 | 6417 | 23 212 | 34 434 | 67 121 |
| Non-current liabilities | 9551 | 18 913 | 19 297 | 26 510 | 37 305 |
| Total liabilities | 11 967 | 25 330 | 42 509 | 60 944 | 104 426 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | -4878 | -6709 | -1997 | -8865 | -19 400 |
| Total equity | -4876 | -11 585 | -13 582 | 6551 | 7733 |
| Income statement | |||||
| Sales revenue | 19 436 | 39 811 | 58 626 | 208 837 | 651 657 |
| Operating profit | -4833 | -6621 | -1907 | -8530 | -17 163 |
| EBITDA | -4498 | -5713 | -257 | -2509 | — |
| Profit before income tax | -4833 | -6694 | -1943 | -8628 | -19 373 |
| Profit for the reporting year | -4878 | -6709 | -1997 | -8865 | -19 400 |
| Labour costs | 3226 | 5080 | 5888 | 14 479 | — |
| Depreciation of non-current assets | 335 | 908 | 1650 | 6021 | — |
| Other indicators | |||||
| Employees | 1 | 2 | 2 | 3 | 7 |
| Calculated dividend | — | 0 | 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 "Off-road equipment"
Overview
SIA "Off-road equipment" (reg. no. 41203063315) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Ventspils, Inženieru iela 58 - 10.
Financial results
Revenue in 2022 was 651 657 €, up 212% on the previous year (208 837 €). From 2018 to 2022, revenue grew by an average of 141% per year. This is the company's highest revenue among the published years (2018–2022). 2022 ended with a loss of 19 400 €. The company made a loss in all 5 published years. In 2022 the company had 7 employees (3 a year earlier). Revenue per employee was 93 094 €. At the end of 2022, total assets were 112 159 € and equity 7733 € (6,9% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2022.
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.