In 2025, SIA "Defence Development" had revenue of 306 thousand EUR and profit of 86.1 thousand EUR. The company has 1 employees. Beneficial owners: Uldis Sproga.
| year | 2025Latest | 2024 | 2023 |
|---|---|---|---|
Revenue | 306k € +262.6% | 84,4k € +870.1% | 8,7k € -89.4% |
Profit | 86,1k € +53.7% | 56k € +627.9% | -10,6k € -166.7% |
Assets | 321,2k € +292.7% | 81,8k € +203.6% | 26,9k € -11.9% |
Liabilities | 161k € +2000.9% | 7,7k € -27.7% | 10,6k € +191.9% |
Equity | 160,2k € +116.1% | 74,1k € +353.7% | 16,3k € -39.4% |
Employees | 1 +0.0% | 1 +0.0% | 1 -66.7% |
Overall rating | A+92/100 |
Financial health | 100/100 |
Credit history | 80/100 |
Legal history | 100/100 |
Business activity | 85/100 |
| Overall risk | Low |
No risk flags | |
No tax debts | |
Positive profit | |
Regular report filing | |
| Name, surname | Birth date | Position | Representation rights | Registered | |
|---|---|---|---|---|---|
| Board member | Independently |
SIA "Defence Development" is located at Rīga, Gustava Zemgala gatve 76, LV-1039.
In 2025, SIA "Defence Development" had revenue of 306 042 EUR and profit of 86 080 EUR. Compared to previous year, revenue increased by 262.6%. View full financial report →
In 2024, SIA "Defence Development" had an average of 1 employees. View tax history →
The beneficial owners of SIA "Defence Development" are Uldis Sproga. View ownership details →
Yes, SIA "Defence Development" is registered as an active VAT payer with VAT number LV40103956477.
In 2024, the average gross salary at SIA "Defence Development" was approximately 290,90 € per month (net ~ 260,35 €). This is an approximate calculation. View salary details →
SIA "Defence Development" was founded on December 21, 2015. The company has been operating for 11 years.
| Indicator | Value | Rank | Comparison | |
|---|---|---|---|---|
Company age | 11 years | - | 0% | |
Net revenue | 306 042,00 € | - | 0% | |
Profit | 86 080,00 € | - | 0% | |
Equity | 160 213,00 € | - | 0% | |
Assets | 321 181,00 € | - | 0% | |
Fixed assets | 53 312,00 € | - | 0% | |
Investments | 8412,00 € | - | 0% | |
Liquidity | 1.56 | - | 50% | |
Profitability | 28.1% | - | 60% | |
Registered capital | 3000,00 € | - | 0% |
Annual financial report for 2025.
Annual financial report for 2024.
Annual financial report for 2023.
Annual financial report for 2022.
Annual financial report for 2021.
Annual financial report for 2020.
Registered in the Latvian company register.
| Name, surname | Birth date | Shares | Ownership rights | |
|---|---|---|---|---|
| Uldis Sproga | 3000 | 100.00% |
| Name, surname | Nationality | Birth date | |
|---|---|---|---|
| Uldis Sproga | LV |