SIA "LB1"Active

50203275041Limited liability companyFounded 2020

Key figures

62 119 €+353,6%
Revenue 2025
+170,6%
Average annual growth 2021–2025
020 k40 k60 k80 k20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k300 k20212022202320242025
Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets21 34525 45531 51278 49348 599
Total non-current assets153 307141 794135 162135 162170 918
Total assets174 652167 249166 674213 655219 517
Balance sheet — liabilities and equity
Current liabilities69691069695871
Non-current liabilities00000
Total liabilities69691069695871
Share capital—————
Retained earnings of previous periods—————
Profit for the year-8784-7403-157547 98260
Total equity174 583167 180165 605213 586213 646
Income statement
Sales revenue11595779672613 69462 119
Operating profit-8734-7353-152548 03260
Profit before income tax-8734-7353-152548 03260
Profit for the reporting year-8784-7403-157547 98260
Labour costs—————
Depreciation of non-current assets—————
Other indicators
Employees00004
Calculated dividend—0000

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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50%50%SIA "LB1"2Brandavs AdriansBrandavs Dāvids1Cīce Inta
CompanyPersonShareholderOther roleAdditional link

Related companies

Shared members or board members
Same registered address

Summary: SIA "LB1"

Overview

SIA "LB1" (reg. no. 50203275041) is a limited liability company. The company was registered in 2020 and has been in the register for 5 years. Registered address: Talsu nov., Talsi, Fabrikas iela 3.

Financial results

Revenue in 2025 was 62 119 €, up 354% on the previous year (13 694 €). From 2021 to 2025, revenue grew by an average of 171% per year. This is the company's highest revenue among the published years (2021–2025). Net profit for 2025 was 60 € (0,1% of revenue). The company was profitable in 2 of the 5 published years. In 2025 the company had 4 employees (0 a year earlier). Revenue per employee was 15 530 €. At the end of 2025, total assets were 219 517 € and equity 213 646 € (97,3% of assets).

Management and owners

The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

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.