SIA "KV18"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2018–2025
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||
| Total current assets | 8541 | 30 278 | 71 023 | 112 152 | 103 899 | 125 194 | 135 518 | 91 348 |
| Total non-current assets | 8272 | 18 756 | 113 205 | 244 593 | 323 588 | 353 919 | 198 476 | 87 851 |
| Total assets | 16 813 | 49 034 | 184 228 | 356 745 | 427 487 | 479 113 | 333 994 | 179 199 |
| Balance sheet — liabilities and equity | ||||||||
| Current liabilities | 2100 | 10 273 | 59 052 | 106 878 | 135 097 | 210 331 | 139 800 | 230 996 |
| Non-current liabilities | 2500 | 11 664 | 63 247 | 195 982 | 243 955 | 267 396 | 131 300 | 16 070 |
| Total liabilities | 4600 | 21 937 | 122 299 | 302 860 | 379 052 | 477 727 | 271 100 | 247 066 |
| Share capital | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — |
| Profit for the year | 11 213 | 14 884 | 34 832 | 11 956 | 4550 | -40 049 | 61 508 | -130 760 |
| Total equity | 12 213 | 27 097 | 61 929 | 53 885 | 48 435 | 1386 | 62 894 | -67 867 |
| Income statement | ||||||||
| Sales revenue | 42 877 | 48 902 | 192 221 | 221 139 | 511 857 | 290 413 | 238 608 | 138 600 |
| Operating profit | 11 295 | 15 750 | 38 080 | 23 232 | 23 916 | -14 025 | 91 744 | -113 301 |
| EBITDA | 11 620 | 19 397 | 48 136 | 48 225 | 85 856 | 10 928 | 116 260 | -94 950 |
| Profit before income tax | 11 213 | 14 884 | 34 832 | 11 956 | 4550 | -40 049 | 61 508 | -130 760 |
| Profit for the reporting year | 11 213 | 14 884 | 34 832 | 11 956 | 4550 | -40 049 | 61 508 | -130 760 |
| Labour costs | 1507 | 4666 | 7718 | 18 972 | 26 571 | 43 399 | 45 611 | 40 960 |
| Depreciation of non-current assets | 325 | 3647 | 10 056 | 24 993 | 61 940 | 24 953 | 24 516 | 18 351 |
| Other indicators | ||||||||
| Employees | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 20 000 | 10 000 | 7000 | 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 "KV18"
Overview
SIA "KV18" (reg. no. 45403049467) is a limited liability company. The company was registered in 2018 and has been in the register for 8 years. Registered address: Madonas nov., Dzelzavas pag., "Krastiņi".
Financial results
Revenue in 2025 was 138 600 €, down 41,9% on the previous year (238 608 €). From 2018 to 2025, revenue grew by an average of 18,2% per year. 2025 ended with a loss of 130 760 €. The company was profitable in 6 of the 8 published years. In 2025 the company had 4 employees. Revenue per employee was 34 650 €.
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 (-67 867 €).
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.