SIA "PROJECT DEVELOPMENT"Active
Key figures
Ratios
2021Balance sheet structure
Summary of financial statements2010–2021
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 6627 | 3550 | 8515 | 4615 | 1384 | 36 720 | 71 277 | 7201 | 57 065 | 192 134 | 150 745 | 138 470 |
| Total non-current assets | 6863 | 6863 | 4085 | 2150 | 0 | 10 119 | 12 246 | 6786 | 2419 | 388 | 0 | 0 |
| Total assets | 13 490 | 10 413 | 12 600 | 6765 | 1384 | 46 839 | 83 523 | 13 987 | 59 484 | 192 522 | 150 745 | 138 470 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 555 | 905 | 7655 | 6795 | 10 516 | 43 316 | 81 481 | 12 757 | 57 648 | 158 420 | 30 984 | 0 |
| Non-current liabilities | 9152 | 7124 | 5171 | 2149 | 840 | 0 | 0 | 0 | 0 | 33 200 | 133 579 | 133 579 |
| Total liabilities | 9707 | 8029 | 12 826 | 8944 | 11 356 | 43 316 | 81 481 | 12 757 | 57 648 | 191 620 | 164 563 | 133 579 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4413 | -1399 | -2610 | -1953 | -6873 | 13 495 | -1481 | -812 | 606 | -934 | -14 720 | 18 709 |
| Total equity | 3783 | 2384 | -226 | -2179 | -9972 | 3523 | 2042 | 1230 | 1836 | 902 | -13 818 | 4891 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 0 | 13 019 | 60 627 | 0 | 189 015 | 412 622 | 360 544 | 314 517 | 284 654 | 249 151 | 284 000 |
| Operating profit | -4061 | -1134 | -2295 | -1882 | -5927 | 13 639 | -13 506 | 59 | 618 | -934 | -14 720 | 18 709 |
| Profit before income tax | -4413 | -1399 | -2610 | -1953 | -6873 | 13 495 | -1481 | -812 | 606 | -934 | -14 720 | 18 709 |
| Profit for the reporting year | -4413 | -1399 | -2610 | -1953 | -6873 | 13 495 | -1481 | -812 | 606 | -934 | -14 720 | 18 709 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 3 | 10 | 9 | 6 | 8 | 6 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 "PROJECT DEVELOPMENT"
Overview
SIA "PROJECT DEVELOPMENT" (reg. no. 50003661381) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Jūrmala, Tukuma iela 42.
Financial results
Revenue in 2021 was 284 000 €, up 14,0% on the previous year (249 151 €). Net profit for 2021 was 18 709 € (6,6% of revenue). The company was profitable in 3 of the 12 published years. In 2021 the company had 5 employees (6 a year earlier). Revenue per employee was 56 800 €. At the end of 2021, total assets were 138 470 € and equity 4891 € (3,5% of assets).
Management and owners
The board has 2 members. The sole owner of the company is a private individual.
Points to note
The latest published annual report is for 2021.
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.