SIA "Hanza Construction Group"Active

54103138631Limited liability companyFounded 2020

Key figures

21 642 101 €-42,8%
Revenue 2025
+44,3%
Average annual growth 2020–2025
010 m20 m30 m40 m202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
010 m20 m30 m202020212022202320242025

Dividends

from the report
2025

Dividends paid 58 000 € (<1% of equity at the end of the previous year).

History
202558 000 €
2024295 000 €
2023 ~136 000 €
2022 ~69 001 €
2021 ~174 500 €
Summary of financial statements2020–2025
202020212022202320242025
Balance sheet — assets
Total current assets1 959 0372 257 5301 861 0136 234 41612 359 8926 857 344
Total non-current assets17 09814 0691 773 7531 790 67915 787 88317 036 824
Total assets1 976 1352 271 5993 634 7668 025 09528 147 77523 894 168
Balance sheet — liabilities and equity
Current liabilities1 079 951239 011450 342272 07611 285 6428 462 935
Non-current liabilities000000
Total liabilities1 079 951239 011450 342272 07611 285 6428 462 935
Share capital——————
Retained earnings of previous periods——————
Profit for the year876 1841 310 9041 220 8374 704 5959 404 114327 101
Total equity896 1842 032 5883 184 4247 753 01916 862 13315 431 233
Income statement
Sales revenue3 457 0744 894 6594 197 07111 281 77337 861 37721 642 101
Operating profit876 1841 354 5291 233 0614 703 4019 425 299276 360
Profit before income tax876 1841 354 5291 238 1534 730 8659 464 678341 791
Profit for the reporting year876 1841 310 9041 220 8374 704 5959 404 114327 101
Labour costs——————
Depreciation of non-current assets——————
Other indicators
Employees101415151616
Calculated dividend—174 50069 001136 000295 00058 000

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%100%100%100%SIA "Hanza Constructi…1Bakanovs AleksejsSIA "LT BETONS"SIA Hanza InvestSIA LT Piling
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: SIA "Hanza Construction Group"

Overview

SIA "Hanza Construction Group" (reg. no. 54103138631) is a limited liability company. The company was registered in 2020 and has been in the register for 6 years. Registered address: Rīga, Duntes iela 23A.

Financial results

Revenue in 2025 was 21 642 101 €, down 42,8% on the previous year (37 861 377 €). From 2020 to 2025, revenue grew by an average of 44,3% per year. Net profit for 2025 was 327 101 € (1,5% of revenue). The company was profitable in all 6 published years. In 2025 the company had 16 employees. Revenue per employee was 1 352 631 €. At the end of 2025, total assets were 23 894 168 € and equity 15 431 233 € (64,6% of assets).

Management and owners

The company has one board member. The sole owner of the company is a private individual. The company holds stakes in 3 active Latvian companies.

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.