Company information

Abundant Life SIA

ABUNDANT LIFE

Maija iela 3 – 2, Rīga, LV-1006

Registration No.

40203260792

Status

Registered

Register

Commercial Register

Registered on

2020-09-18

Legal form

Limited Liability Company

Equity capital

Paid-up equity 1 €

Registered payment 2020-09-18

VAT number

LV40203260792

VAT registered on 2020-10-19

Members

Company Members

Total: 1

ActivePerson

Zvingēvica-Gravāne Inese (LV)

Identifier: 210181-12901

Number of shares
1
Nominal value per share
1,00 EUR
Share capital value
1,00 EUR

100% of share capital

Personally liable
No
From
2020-09-18
To
Not available
Registered on
2020-09-18
Removed on
Not available

Officers

Company Officers

Total: 1

Zvingēvica-Gravāne Inese (LV)

Member of the Board

Identifier: 210181-12901

Active Executive Board

Rights of representation

  • Right to represent individually
Appointed on
2020-09-18
Term until
Not available
Registered on
2020-09-18

Beneficial owners

Beneficial owners

Registered beneficial owners: 1

Zvingēvica-Gravāne Inese (LV)

Identification number: 210181-12901

Means of control: as a company member/shareholder

Active

Means of control

  • as a company member/shareholder
From
2020-09-18
Until
Not available
Registered on
2020-09-18
Last modified at
2020-09-18

Financial key indicatorsLatest year: 2024

Overall financial risk (latest available year)

Elevated financial risk

LiquiditySolvencyProfitability

This summary is based only on the publicly available balance sheet, income statement and, if present, cash flow statement. For small and micro entities some indicators may be missing.

Turnover

14,536 EUR

Net result

218 EUR

Margin: 1.5%

Balance sheet size

2,615 EUR

Equity: 553 EUR (21.1%)

Liquidity (short-term payments)

Weak

The company may struggle to cover its short-term liabilities from its current assets. This indicates elevated payment risk.

Current ratio
0.3
Quick ratio
0.3

Solvency (capital strength)

Moderate

Equity is relatively low compared to assets. The company relies notably on creditors and should be monitored.

Equity ratio
21.1%
Debt-to-assets
78.9%

Profitability & cash flow

Low profit

Profitability is positive but low. Even small negative changes in turnover or costs may lead to losses.

Net margin
1.5%
Return on assets (ROA)
8.3%
Operating cash flow
Not available (cash flow statement may not be required for small companies)

Simple trend (last 3 years)

Colour hints show improvement or deterioration across years.

YearTurnoverNet marginEquity ratioCurrent ratio
202414,5361.5%21.1%0.3
202315,312-3.9%24.3%0.7
202211,19214.2%68.0%2.1

Trends are indicative only. Small changes can be caused by rounding, classification or changes in reporting format.

Key metrics by year

Each column shows one reporting year. Some metrics may be missing if they are not required in the filed report.

Metric2024202320222021
Turnover14,53615,31211,1925,106
Net result218-6031,587-209
Net margin1.5%-3.9%14.2%-4.1%
Return on assets (ROA)8.3%-32.4%83.7%-38.1%
Equity ratio21.1%24.3%68.0%-37.9%
Debt-to-assets78.9%75.7%32.0%137.9%
Current ratio0.30.72.10.7
Quick ratio0.30.72.10.7
Operating cash flow

Values are derived from the published balance sheet, income statement and cash flow statement (if available). A missing value usually means that the line item is not reported or not required for that entity size.

Meta

Label2024202320222021
Year Started2024-01-012023-01-012022-01-012020-09-18
Year Ended2024-12-312023-12-312022-12-312021-12-31
Report date2025-05-182024-05-282023-06-012022-07-25
Employees1111
CurrencyEUREUREUREUR
Rounded ToONESONESONESONES
Source SchemaDokGPv1DokGPv1DokGPv1DokGPv1
Source TypeUGPUGPUGPUGP

Balance sheet

Per year

Label2024202320222021
Cash234379962390
Accounts Receivable295609297159
Current Assets5299881,259549
Fixed Assets2,08668400
Intangible Assets01876370
Non-Current Assets2,0868716370
Total Assets2,6151,8591,896549
Current Liabilities2,0621,408607757
Equity5534511,289-208
Total2,6151,8591,896549

Income statement

Per year

Label2024202320222021
Net Turnover14,53615,31211,1925,106
Cost of Goods Sold12,44014,76910,4064,519
Gross Profit2,096543786587
Administrative Expenses1,8611,127485791
Other Operating Revenues001,3050
Other Operating Expenses1719195
Income Before Income Taxes218-6031,587-209
Income After Income Taxes218-6031,587-209
Net Income218-6031,587-209