Advanced Development Networks — Reg. No. 50203204871

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Advanced Development Networks SIA

ADVANCED DEVELOPMENT NETWORKS

Rūpniecības iela 1 – 2, Rīga, LV-1010

Registration No.

50203204871

Status

Registered

Commercial Register

Registered on

2019-04-04

Legal form

Limited Liability Company

Equity capital

Paid-up equity 2800 €

Registered payment 2020-01-30

Members

Company Members

Total: 1

Per page

ActivePerson

Taufik Taufik Muhammad Jabar (IQ)

Identifier: 800063-47105

Number of shares: 2800
Nominal value per share: 1,00 EUR
Share capital value: 2800,00 EUR
100% of share capital
Personally liable: No

From: 2024-10-30
To: Not available
Registered on: 2024-12-18
Removed on: Not available

Officers

Company Officers

Total: 1

Per page

Tolmachev Anton (CY)

Member of the Board

Identifier: 800054-61707

Active Executive Board

Rights of representation

Right to represent individually

Beneficial owners

Registered beneficial owners: 1

Rows per page

Muhammad Jabar Taufik Taufik (IQ)

Identification number: 800063-47105

Means of control: as a company member/shareholder

Active

Means of control

as a company member/shareholder

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

16,115 EUR

Net result

-81,883 EUR

Margin: -508.1%

Balance sheet size

735,392 EUR

Equity: 715,315 EUR (97.3%)

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: 0.0
Quick ratio: 0.0

Solvency (capital strength)

Solid

A significant part of the company is financed by its own capital, which usually means lower long-term financial risk.

Equity ratio: 97.3%
Debt-to-assets: 2.7%

Profitability & cash flow

Loss-making

The company reports a loss for the year, which increases financial risk if it continues over several periods.

Net margin: -508.1%
Return on assets (ROA): -11.1%
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.

Year	Turnover	Net margin	Equity ratio	Current ratio
2024	16,115	-508.1%	97.3%	0.0
2023	4,736	-1980.2%	45.5%	0.5
2022	100,000	51.1%	48.2%	2.7

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.

Metric	2024	2023	2022	2021	2020
Turnover	16,115	4,736	100,000	470,000	325,000
Net result	-81,883	-93,783	51,094	460,794	316,330
Net margin	-508.1%	-1980.2%	51.1%	98.0%	97.3%
Return on assets (ROA)	-11.1%	-5.3%	2.8%	49.1%	66.9%
Equity ratio	97.3%	45.5%	48.2%	89.4%	80.2%
Debt-to-assets	2.7%	54.5%	51.8%	10.6%	19.8%
Current ratio	0.0	0.5	2.7	43.7	0.7
Quick ratio	0.0	0.5	2.7	43.7	0.7
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.

Label	2024	2023	2022	2021	2020	2019
Year Started	2024-01-01	2023-01-01	2022-01-01	2021-01-01	2020-01-01	2019-04-04
Year Ended	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Report date	2026-02-11	2024-10-30	2023-08-28	2022-04-26	2021-02-26	2020-08-22
Employees	3	3	4	1	1	1
Currency	EUR	EUR	EUR	EUR	EUR	EUR
Rounded To	ONES	ONES	ONES	ONES	ONES	ONES
Source Schema	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1	DokGPv1
Source Type	UGP	UGP	UGP	UGP	UGP	UGP

Balance sheet

Per year

Label	2024	2023	2022	2021	2020	2019
Cash	0	1,421	4,027	212,471	5,942	2,790
Accounts Receivable	0	19,848	41,898	61,898	61,898	100,000
Inventory	0	0	0	0	0	0
Marketable Securities	0	0	0	0	0	0
Current Assets	0	21,269	45,925	274,369	67,840	102,790
Investments	667,392	1,628,150	1,658,300	665,000	405,000	0
Fixed Assets	68,000	104,000	144,000	0	0	0
Intangible Assets	0	0	0	0	0	0
Non-Current Assets	735,392	1,732,150	1,802,300	665,000	405,000	0
Total Assets	735,392	1,753,419	1,848,225	939,369	472,840	102,790
Current Liabilities	20,077	41,402	16,844	6,282	93,747	40,037
Non-Current Liabilities	0	914,819	940,400	93,200	0	0
Total Liabilities	0	0	0	0	0	0
Equity	715,315	797,198	890,981	839,887	379,093	62,753
Total	735,392	1,753,419	1,848,225	939,369	472,840	102,790

Income statement

Per year

Label	2024	2023	2022	2021	2020	2019
Net Turnover	16,115	4,736	100,000	470,000	325,000	60,000
Cost of Goods Sold	0	0	0	0	0	0
Gross Profit	16,115	4,736	100,000	470,000	325,000	60,000
Selling Expenses	0	0	0	0	0	0
Administrative Expenses	97,998	98,519	74,506	9,206	10,568	37
Inventory Change	0	0	0	0	0	0
LT Investment Expenses	0	0	0	0	0	0
Other Operating Revenues	0	0	0	0	1,898	0
Material Expenses	0	0	0	0	0	0
Labour Expenses	0	0	0	0	0	0
Depreciation Expenses	0	0	0	0	0	0
Other Operating Expenses	0	0	0	0	0	0
Equity Investment Earnings	0	0	0	0	0	0
Other LT Investment Earnings	0	0	0	0	0	0
Other Interest Revenues	0	0	25,600	0	0	0
Investment Fair Value Adj.	0	0	0	0	0	0
Interest Expenses	0	0	0	0	0	0
Extra Revenues	0	0	0	0	0	0
Extra Expenses	0	0	0	0	0	0
Income Before Income Taxes	-81,883	-93,783	51,094	460,794	316,330	59,963
Provision For Income Taxes	0	0	0	0	0	0
Income After Income Taxes	-81,883	-93,783	51,094	460,794	316,330	59,963
Other Taxes	0	0	0	0	0	0
Extra Dividends	0	0	0	0	0	0
Net Income	-81,883	-93,783	51,094	460,794	316,330	59,963

Cash flow statement

Per year

Label	2024	2023	2022	2021	2020	2019
Received from Customers	0	0	0	0	0	0
Paid to Suppliers/Employees	0	0	0	0	0	0
Income Before Taxes	0	0	0	0	0	0
Income Before WC Changes	0	0	0	0	0	0
Other Cash Rec./Paid	0	0	0	0	0	0
Operating Cash Flow	0	0	0	0	0	0
Interest Paid	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0
Extra Items Cash Flow	0	0	0	0	0	0
Net Operating Cash Flow	0	0	0	0	0	0
Stocks Acquisition	0	0	0	0	0	0
Stocks Sale Proceeds	0	0	0	0	0	0
Fixed/intang. Assets Acquisition	0	0	0	0	0	0
Fixed/intang. Assets Sale Proceeds	0	0	0	0	0	0
Loans Made	0	0	0	0	0	0
Loan Repayments Received	0	0	0	0	0	0
Interest Received	0	0	0	0	0	0
Dividends Received	0	0	0	0	0	0
Net Investing Cash Flow	0	0	0	0	0	0
Stocks/Bonds Issuance Proceeds	0	0	0	0	0	0
Loans Received	0	0	0	0	0	0
Subsidies/Grants/Contrib. Received	0	0	0	0	0	0
Loan Repayments Made	0	0	0	0	0	0
Lease Obligations Repayments	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0
Net Financing Cash Flow	0	0	0	0	0	0
Effect of Exchange Rate Change	0	0	0	0	0	0
Net Increase	0	0	0	0	0	0
At Beginning of Year	0	0	0	0	0	0
At End of Year	0	0	0	0	0	0

Advanced Development Networks SIA

Company Members

Company Officers

Beneficial owners

Financial key indicatorsLatest year: 2024

Meta

Balance sheet

Income statement

Cash flow statement