SIA DevMindedActive

50203458541Limited liability companyFounded 2023

Key figures

46 005 €+23,8%
Revenue 2025
+18,1%
Average annual growth 2023–2025
020 k40 k60 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 k20 k202320242025

Dividends

calculated
2025

Paid out in dividends approximately 10 055 € (78% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~10 055 €
2024 ~11 230 €
Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets15 37314 74119 412
Total non-current assets000
Total assets15 37314 74119 412
Balance sheet — liabilities and equity
Current liabilities000
Non-current liabilities134218851736
Total liabilities134218851736
Share capital———
Retained earnings of previous periods———
Profit for the year14 03010 05514 875
Total equity14 03112 85617 676
Income statement
Sales revenue33 00037 16546 005
Operating profit14 03012 86317 389
Profit before income tax14 03012 86317 389
Profit for the reporting year14 03010 05514 875
Labour costs———
Depreciation of non-current assets———
Other indicators
Employees111
Calculated dividend—11 23010 055

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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100%SIA DevMinded1Kalniņš Ričards
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA DevMinded

Overview

SIA DevMinded (reg. no. 50203458541) is a limited liability company. The company was registered in 2023 and has been in the register for 3 years. Registered address: Rīga, Ulbrokas iela 12 k-1 - 23.

Financial results

Revenue in 2025 was 46 005 €, up 23,8% on the previous year (37 165 €). From 2023 to 2025, revenue grew by an average of 18,1% per year. Net profit for 2025 was 14 875 € (32,3% of revenue). The company was profitable in all 3 published years. In 2025 the company had 1 employees. Revenue per employee was 46 005 €. At the end of 2025, total assets were 19 412 € and equity 17 676 € (91,1% of assets).

Management and owners

The company has one board member. The sole owner of the company is 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.