SIA Demolition UnionActive

44103148445Limited liability companyFounded 2020

Key figures

315 599 €+120,1%
Revenue 2025
+11,2%
Average annual growth 2021–2025
0100 k200 k300 k400 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k150 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets21 92029 32561 86496 85269 639
Total non-current assets50029023 72720 8650
Total assets22 42029 61585 591117 71769 639
Balance sheet — liabilities and equity
Current liabilities1069237849 74990 08429 396
Non-current liabilities00000
Total liabilities1069237849 74990 08429 396
Share capital—————
Retained earnings of previous periods—————
Profit for the year21 35158868605-40 14812 610
Total equity21 35127 23735 84227 63340 243
Income statement
Sales revenue206 60585 539283 340143 378315 599
Operating profit21 35158868605-40 14812 610
Profit before income tax21 35158868605-40 14812 610
Profit for the reporting year21 35158868605-40 14812 610
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees12366
Calculated dividend—0000

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.

34%33%33%SIA Demolition UnionSIA "TEHNOMA"1Smirnovs Sergejs1Strazdiņš Pāvels
CompanyPersonShareholderOther roleAdditional link

Related companies

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

Summary: SIA Demolition Union

Overview

SIA Demolition Union (reg. no. 44103148445) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Kaivas iela 45F - 2.

Financial results

Revenue in 2025 was 315 599 €, up 120% on the previous year (143 378 €). From 2021 to 2025, revenue grew by an average of 11,2% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 12 610 € (4,0% of revenue). The company was profitable in 4 of the 5 published years. In 2025 the company had 6 employees. Revenue per employee was 52 600 €. At the end of 2025, total assets were 69 639 € and equity 40 243 € (57,8% of assets).

Management and owners

The company has one board member. According to the register, the company has 3 owners. The largest stake (34%) is held by SIA "TEHNOMA". 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.