SIA "V1 Property Management"Active

44103138682Limited liability companyFounded 2020

Key figures

20 247 €-89,2%
Revenue 2025
-11,8%
Average annual change 2020–2025
0100 k200 k300 k202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k202020212022202320242025
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets40 21476 160130 265174 746147 8477092
Total non-current assets74 24971 89969 57966 33063 08059 831
Total assets114 463148 059199 844241 076210 92766 923
Balance sheet — liabilities and equity
Current liabilities362512 36425 41131 82625 4214382
Non-current liabilities100 000100 000100 000100 000100 00050 000
Total liabilities103 625112 364125 411131 826125 42154 382
Share capital——————
Retained earnings of previous periods——————
Profit for the year803824 85738 73834 817-23 745-72 965
Total equity10 83835 69574 433109 25085 50612 541
Income statement
Sales revenue38 026116 728189 022235 024188 09720 247
Operating profit804524 85738 73834 817-18 342-72 965
Profit before income tax804524 85738 73834 817-18 342-72 965
Profit for the reporting year803824 85738 73834 817-23 745-72 965
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees479974
Calculated dividend—00000

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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50%50%SIA "V1 Property Mana…9+Frišfelds Andrejs2Grīnfelds Ervins
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Summary: SIA "V1 Property Management"

Overview

SIA "V1 Property Management" (reg. no. 44103138682) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Vingrotāju iela 1.

Financial results

Revenue in 2025 was 20 247 €, down 89,2% on the previous year (188 097 €). From 2020 to 2025, revenue declined by an average of 11,8% per year. This is the company's lowest revenue among the published years (2020–2025). 2025 ended with a loss of 72 965 €. The company was profitable in 4 of the 6 published years. In 2025 the company had 4 employees (7 a year earlier). Revenue per employee was 5062 €. At the end of 2025, total assets were 66 923 € and equity 12 541 € (18,7% of assets).

Management and owners

The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.