SIA "T-Development"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2012–2024
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 2722 | 13 396 | 10 457 | 124 787 | 72 252 | 159 288 | 564 031 | 11 412 158 | 11 192 704 | 357 962 | 77 237 | 39 350 | 1 548 275 |
| Total non-current assets | 1 694 907 | 4 029 151 | 6 963 273 | 9 516 500 | 12 421 178 | 14 373 038 | 14 869 010 | 3 861 964 | 4 261 745 | 2 736 395 | 2 639 050 | 2 610 307 | 1 081 595 |
| Total assets | 1 697 629 | 4 042 547 | 6 973 730 | 9 641 287 | 12 493 430 | 14 532 326 | 15 433 041 | 15 274 122 | 15 454 449 | 3 094 357 | 2 716 287 | 2 649 657 | 2 629 870 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 0 | 17 054 | 33 684 | 182 | 10 277 | 12 106 | 13 062 929 | 14 141 542 | 12 430 833 | 1 862 658 | 4906 | 3624 | 10 915 |
| Non-current liabilities | 1 676 571 | 3 945 339 | 6 687 754 | 9 229 242 | 11 623 188 | 13 132 455 | 0 | 0 | 1 833 063 | 0 | 1 488 694 | 1 422 882 | 1 390 052 |
| Total liabilities | 1 676 571 | 3 962 393 | 6 721 438 | 9 229 424 | 11 633 465 | 13 144 561 | 13 062 929 | 14 141 542 | 14 263 896 | 1 862 658 | 1 493 600 | 1 426 506 | 1 400 967 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 16 058 | 59 096 | 138 244 | 159 570 | 448 102 | 527 801 | 979 413 | 146 054 | 57 973 | 41 146 | -9012 | 464 | 5753 |
| Total equity | 21 058 | 80 154 | 252 292 | 411 863 | 859 965 | 1 387 765 | 2 370 112 | 1 132 580 | 1 190 553 | 1 231 699 | 1 222 687 | 1 223 151 | 1 228 903 |
| Income statement | |||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9900 |
| Operating profit | -983 | -2907 | -25 164 | -33 945 | -42 323 | -33 482 | -49 442 | -26 418 | -13 663 | -15 105 | -14 240 | -11 554 | -6600 |
| Profit before income tax | 23 064 | 84 464 | 203 853 | 236 172 | 536 503 | 635 953 | 979 818 | 146 104 | 63 849 | 41 196 | -8962 | 514 | 5803 |
| Profit for the reporting year | 16 058 | 59 096 | 138 244 | 159 570 | 448 102 | 527 801 | 979 413 | 146 054 | 57 973 | 41 146 | -9012 | 464 | 5753 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 1 383 586 | 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 "T-Development"
Overview
SIA "T-Development" (reg. no. 50103535191) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Elizabetes iela 31 - 8.
Financial results
Revenue in 2024 was 9900 €. This is the company's highest revenue among the published years (2012–2024). Net profit for 2024 was 5753 € (58,1% of revenue). The company was profitable in 12 of the 13 published years. According to the report, the company had no employees in 2024. At the end of 2024, total assets were 2 629 870 € and equity 1 228 903 € (46,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 3 owners. The largest stake (45%) is held by a private individual. 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.