Sabiedrība ar ierobežotu atbildību "MERKS"Active

40003304295Limited liability companyFounded 1996

Key figures

1 196 151 €-6,8%
Revenue 2025
-20,5%
Average annual change 2011–2025
050 m100 m150 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 m100 m150 m’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

Paid out in dividends approximately 95 000 € (2% of equity at the end of the previous year).

Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).

History
2025 ~95 000 €
20240 €
20230 €
20221 100 000 €
20210 €
20200 €
20190 €
201814 445 834 €
20170 €
20161 604 506 €
20151 396 001 €
20141 413 197 €
20133 750 000 €
20120 €
20110 €
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets32 975 41234 430 99536 099 58060 443 25644 142 50841 181 88960 754 30965 370 01180 691 44458 659 21124 814 42538 716 02613 770 5079 471 1457 543 829
Total non-current assets9 467 8719 357 3408 644 73218 062 90818 057 28522 377 50046 460 26646 933 50428 661 75128 629 01567 333 70967 323 51810 310 4852 697 4832 693 837
Total assets42 443 28343 788 33544 744 31278 506 16462 199 79363 559 389107 214 575112 303 515109 353 19587 288 22692 148 134106 039 54424 080 99212 168 62810 237 666
Balance sheet — liabilities and equity
Current liabilities8 763 4199 315 66212 829 02118 320 7438 737 04010 178 28730 487 60141 050 79431 592 73014 658 42325 507 03074 680 6185 847 1072 496 9701 646 148
Non-current liabilities17 474 53817 106 19417 466 81236 854 99429 678 69431 500 96339 892 65146 244 28548 772 12941 518 65937 008 02385 6414 653 82500
Total liabilities26 237 95726 421 85630 295 83355 175 73738 415 73441 679 25070 380 25287 295 07980 364 85956 177 08262 515 05374 766 25910 500 9322 496 9701 646 148
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-3 629 2261 178 792904 1651 396 0011 604 506-421 52515 431 0242 468 924320 6691 896 3731 572 4472 190 9142 999 826-5 831 877-736 794
Total equity15 937 58817 116 38014 270 54522 744 30222 952 80820 926 77635 788 91123 812 00127 524 33829 420 71128 472 99729 563 91111 223 4605 391 5834 559 789
Income statement
Sales revenue29 490 50626 710 32131 130 80767 958 93465 375 83945 144 29175 965 091144 414 88292 774 24549 734 52961 861 678108 962 50858 378 8171 283 4441 196 151
Operating profit-3 354 9392 435 0101 899 3023 083 8503 334 127741 65013 512 0064 117 8472 107 0143 450 5372 655 7463 563 2391 860 081-8 238 032-757 847
Profit before income tax-3 606 0581 297 4951 114 2201 914 0812 007 782-373 16216 516 1852 472 971321 7861 897 4921 572 4472 312 5953 002 474-5 831 790-619 737
Profit for the reporting year-3 629 2261 178 792904 1651 396 0011 604 506-421 52515 431 0242 468 924320 6691 896 3731 572 4472 190 9142 999 826-5 831 877-736 794
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees9377718582831041221128586865792
Calculated dividend003 750 0001 413 1971 396 0011 604 506014 445 8340001 100 0000095 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph
100%Sabiedrība ar ierobež…Kose Mannisalu osauhi…Olev Meelis
CompanyPersonShareholderOther roleAdditional link

Summary: Sabiedrība ar ierobežotu atbildību "MERKS"

Overview

Sabiedrība ar ierobežotu atbildību "MERKS" (reg. no. 40003304295) is a limited liability company. The company was registered in 1996 and has been in the register for 30 years. Registered address: Rīga, Marijas iela 2A.

Financial results

Revenue in 2025 was 1 196 151 €, down 6,8% on the previous year (1 283 444 €). From 2011 to 2025, revenue declined by an average of 20,5% per year. This is the company's lowest revenue among the published years (2011–2025). 2025 ended with a loss of 736 794 €. The company was profitable in 11 of the 15 published years. In 2025 the company had 2 employees (9 a year earlier). Revenue per employee was 598 076 €. At the end of 2025, total assets were 10 237 666 € and equity 4 559 789 € (44,5% of assets).

Management and owners

The company has one board member. The sole owner of the company is Kose Mannisalu osauhing.

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.