Sabiedrība ar ierobežotu atbildību "1912 Development"Active
Key figures
Ratios
2023Balance sheet structure
Summary of financial statements2008–2023
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 1 370 719 | 1 394 364 | 1 415 587 | 1 414 364 | 1 406 737 | 1 405 829 | 1 867 859 | 1 857 129 | 1 856 743 | 2 258 505 | 1 927 757 | 1 174 882 | 999 744 | 788 285 | 37 883 | 33 915 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 800 | 51 966 | 57 603 | 117 006 | 100 597 | 84 188 |
| Total assets | 1 370 719 | 1 394 364 | 1 415 587 | 1 414 364 | 1 406 737 | 1 405 829 | 1 867 859 | 1 857 129 | 1 856 743 | 2 258 505 | 1 944 557 | 1 226 848 | 1 057 347 | 905 291 | 138 480 | 118 103 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 286 | 7568 | 7573 | 7614 | 7672 | 7230 | 10 347 | 164 | 799 | 2 320 030 | 1 873 694 | 935 518 | 794 923 | 833 831 | 260 658 | 275 166 |
| Non-current liabilities | 1 385 395 | 1 385 395 | 1 385 395 | 1 385 395 | 1 385 395 | 1 385 395 | 1 841 239 | 1 843 388 | 1 845 589 | 0 | 0 | 423 602 | 365 000 | 159 117 | 0 | 0 |
| Total liabilities | 1 385 681 | 1 392 963 | 1 392 968 | 1 393 009 | 1 393 067 | 1 392 625 | 1 851 586 | 1 843 552 | 1 846 388 | 2 320 030 | 1 873 694 | 1 359 120 | 1 159 923 | 992 948 | 260 658 | 275 166 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -16 083 | 16 363 | 21 218 | -1264 | -7685 | -466 | -2515 | -2696 | -3220 | -71 880 | 132 388 | -12 838 | 29 697 | 14 920 | -33 988 | -34 885 |
| Total equity | -14 962 | 1401 | 22 619 | 21 355 | 13 670 | 13 204 | 16 273 | 13 577 | 10 355 | -61 525 | 70 863 | -132 272 | -102 576 | -87 657 | -122 178 | -157 063 |
| Income statement | ||||||||||||||||
| Sales revenue | 0 | 23 550 | 22 200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 017 745 | 543 773 | 92 790 | 272 009 | 40 329 | 17 707 |
| Operating profit | -16 083 | 16 569 | 21 475 | -915 | -7283 | 23 | -1821 | -1996 | -3220 | -17 268 | 250 370 | 40 384 | 50 247 | 29 670 | -32 693 | -34 885 |
| Profit before income tax | -16 083 | 16 569 | 21 475 | -915 | -7283 | 23 | -1821 | -1996 | -3220 | -71 880 | 134 490 | -11 793 | 29 697 | 14 920 | -33 988 | -34 885 |
| Profit for the reporting year | -16 083 | 16 363 | 21 218 | -1264 | -7685 | -466 | -2515 | -2696 | -3220 | -71 880 | 132 388 | -12 838 | 29 697 | 14 920 | -33 988 | -34 885 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 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: Sabiedrība ar ierobežotu atbildību "1912 Development"
Overview
Sabiedrība ar ierobežotu atbildību "1912 Development" (reg. no. 50003949451) is a limited liability company. The company was registered in 2007 and has been in the register for 19 years. Registered address: Rīga, Sudrabu Edžus iela 16 - 10.
Financial results
Revenue in 2023 was 17 707 €, down 56,1% on the previous year (40 329 €). 2023 ended with a loss of 34 885 €. The company was profitable in 5 of the 16 published years. In 2023 the company had 1 employees. Revenue per employee was 17 707 €.
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 2023 (-157 063 €). The latest published annual report is for 2023.
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.