Sabiedrība ar ierobežotu atbildību "Race Solutions"Active

50103403871Limited liability companyFounded 2011

Key figures

565 665 €+11,9%
Revenue 2024
+30,4%
Average annual growth 2011–2024
0200 k400 k600 k’11’12’13’15’16’17’18’19’20’21’22’23’24

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k’11’12’13’15’16’17’18’19’20’21’22’23’24
Summary of financial statements2011–2024
2011201220132015201620172018201920202021202220232024
Balance sheet — assets
Total current assets12 64924 81416 28329 47120 09422 95333 68438 42145 24340 56749 45439 94827 763
Total non-current assets31581849207127961785726792555494593323 19913 8434944622
Total assets15 80726 66318 35432 26721 87930 22042 93943 91551 17663 76663 29744 89228 385
Balance sheet — liabilities and equity
Current liabilities13 68624 63925 65763 48362 18659 87575 27971 87674 798117 729152 448179 901106 936
Non-current liabilities0003935000000000
Total liabilities13 68624 63925 65767 41862 18659 87575 27971 87674 798117 729152 448179 901106 936
Share capital—————————————
Retained earnings of previous periods—————————————
Profit for the year121-97-9640-13 393-182310 653-268543784339-30 341-34 573-47 0849214
Total equity21212024-7616-38 487-40 307-29 655-32 340-27 961-23 622-53 963-89 151-135 009-78 551
Income statement
Sales revenue23 43772 67372 482147 925153 119195 063260 992289 097334 592378 597510 587505 677565 665
Operating profit141-78-9640-13 393-182311 025-268543784339-30 341-34 573-47 0849214
Profit before income tax121-78-9640-13 393-182311 025-268543784339-30 341-34 573-47 0849214
Profit for the reporting year121-97-9640-13 393-182310 653-268543784339-30 341-34 573-47 0849214
Labour costs—————————————
Depreciation of non-current assets—————————————
Other indicators
Employees3337778111111131111
Calculated dividend—00—000000000

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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65%35%Sabiedrība ar ierobež…1Stakēns ReinisSpāde Māris
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: Sabiedrība ar ierobežotu atbildību "Race Solutions"

Overview

Sabiedrība ar ierobežotu atbildību "Race Solutions" (reg. no. 50103403871) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Krustpils iela 15 - 2.

Financial results

Revenue in 2024 was 565 665 €, up 11,9% on the previous year (505 677 €). From 2011 to 2024, revenue grew by an average of 30,4% per year. This is the company's highest revenue among the published years (2011–2024). Net profit for 2024 was 9214 € (1,6% of revenue). The company was profitable in 5 of the 13 published years. In 2024 the company had 11 employees. Revenue per employee was 51 424 €.

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (65%) is held by a private individual.

Points to note

Equity was negative at the end of 2024 (-78 551 €).

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.