SIA "Palace Development"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2010–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 0 | 40 000 | 90 000 | 0 | 0 |
| Profit for the reporting year | 0 | 10 059 | 32 390 | -48 040 | -8760 |
| Retained earnings of previous periods | — | — | — | — | — |
| Total assets | 80 000 | 66 999 | 55 334 | 0 | 0 |
| Total liabilities | 149 107 | 126 047 | 81 947 | 74 653 | 83 413 |
| Total equity | -69 107 | -59 048 | -26 613 | -74 653 | -83 413 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 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 "Palace Development"
Overview
SIA "Palace Development" (reg. no. 51503051001) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Līvānu nov., Līvāni, Dzelzceļa iela 1.
Financial results
There was no revenue in 2024. 2024 ended with a loss of 8760 €. The company was profitable in 2 of the 15 published years. According to the report, the company had no employees in 2024.
Management and owners
According to the register, the company has 2 owners. The largest stake (75%) is held by a private individual.
Points to note
Equity was negative at the end of 2024 (-83 413 €).
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.