SIA LVB DevelopmentActive

42103090918Limited liability companyFounded 2019

Key figures

1 299 148 €+805,9%
Revenue 2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k2019202020212022202320242025
Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets270029282909293811 35131 20915 716
Total non-current assets0000000
Total assets270029282909293811 35131 20915 716
Balance sheet — liabilities and equity
Current liabilities05022437459475246139 870
Non-current liabilities0000002650
Total liabilities05022437459475246142 520
Share capital———————
Retained earnings of previous periods———————
Profit for the year0-122-193-121284020 558-152 767
Total equity2700287826852564540425 963-126 804
Income statement
Sales revenue000011 979143 4151 299 148
Operating profit0-72-123-121284020 558-152 767
EBITDA0——————
Profit before income tax0-72-143-121284020 558-152 767
Profit for the reporting year0-122-193-121284020 558-152 767
Labour costs0——————
Depreciation of non-current assets0——————
Other indicators
Employees11115159
Calculated dividend—000000

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
100%SIA LVB DevelopmentBērziņš Artūrs
CompanyPersonShareholderOther roleAdditional link

Related companies

Summary: SIA LVB Development

Overview

SIA LVB Development (reg. no. 42103090918) is a limited liability company. The company was registered in 2019 and has been in the register for 7 years. Registered address: Siguldas nov., Sigulda, Krišjāņa Barona iela 2 - 13.

Financial results

Revenue in 2025 was 1 299 148 €, up 806% on the previous year (143 415 €). This is the company's highest revenue among the published years (2019–2025). 2025 ended with a loss of 152 767 €. The company was profitable in 2 of the 7 published years. In 2025 the company had 59 employees (1 a year earlier). Revenue per employee was 22 019 €.

Management and owners

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

Points to note

Equity was negative at the end of 2025 (-126 804 €).

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.