SIA "Progress Lab"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 365 008 € (81% 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 statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 10 | 1 | 70 488 | 14 154 | 22 641 |
| Total non-current assets | 0 | 0 | 332 800 | 468 378 | 157 997 |
| Total assets | 10 | 1 | 403 288 | 482 532 | 180 638 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 0 | 0 | 401 554 | 3095 | 2064 |
| Non-current liabilities | 0 | 50 | 0 | 0 | 0 |
| Total liabilities | 0 | 50 | 401 554 | 3095 | 2064 |
| Share capital | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — |
| Profit for the year | 0 | -50 | -1216 | 449 953 | 64 145 |
| Total equity | 10 | -49 | 1734 | 451 687 | 150 824 |
| Income statement | |||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 |
| Operating profit | 0 | 0 | -1618 | -119 814 | -460 807 |
| EBITDA | 0 | — | — | — | — |
| Profit before income tax | 0 | 0 | -1166 | 453 625 | 155 531 |
| Profit for the reporting year | 0 | -50 | -1216 | 449 953 | 64 145 |
| Labour costs | 0 | — | — | — | — |
| Depreciation of non-current assets | 0 | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 365 008 |
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 "Progress Lab"
Overview
SIA "Progress Lab" (reg. no. 44103138146) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Mārupes nov., Babītes pag., Lapsas, Briežu iela 50.
Financial results
There was no revenue in 2024. Net profit for 2024 was 64 145 €. The company was profitable in 2 of the 5 published years. In 2024 the company had 1 employees. At the end of 2024, total assets were 180 638 € and equity 150 824 € (83,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 3 active Latvian companies.
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.