Sabiedrība ar ierobežotu atbildību "MERITS"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 5509 | 6031 | 5633 | 5177 | 13 227 | 10 942 | 5661 | 8182 | 4468 | 6892 | 427 | 980 | 6349 | 1561 | 5088 | 5152 |
| Total non-current assets | 30 609 | 28 828 | 26 648 | 24 885 | 33 406 | 53 974 | 50 054 | 44 027 | 39 004 | 41 965 | 37 025 | 32 906 | 29 452 | 26 537 | 24 061 | 21 132 |
| Total assets | 36 118 | 34 859 | 32 281 | 30 062 | 46 633 | 64 916 | 55 715 | 52 209 | 43 472 | 48 857 | 37 452 | 33 886 | 35 801 | 28 098 | 29 149 | 26 284 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 7064 | 32 535 | 7568 | 4069 | 10 127 | 3279 | 6719 | 7791 | 10 536 | 948 | 1154 | 218 | 607 | 477 | 563 | 1969 |
| Non-current liabilities | 49 210 | 0 | 22 743 | 18 801 | 31 966 | 43 821 | 31 107 | 27 161 | 10 876 | 14 728 | 23 812 | 15 852 | 13 822 | 7697 | 7550 | 9111 |
| Total liabilities | 56 274 | 32 535 | 30 311 | 22 870 | 42 093 | 47 100 | 37 826 | 34 952 | 21 412 | 15 676 | 24 966 | 16 070 | 14 429 | 8174 | 8113 | 11 080 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -4994 | 22 480 | -354 | 5222 | -5692 | 13 308 | 73 | -632 | 4803 | 11 121 | -26 696 | 5331 | 3556 | -1448 | 1112 | -5832 |
| Total equity | -20 156 | 2324 | 1970 | 7192 | 4540 | 17 816 | 17 889 | 17 257 | 22 060 | 33 181 | 12 486 | 17 816 | 21 372 | 19 924 | 21 036 | 15 204 |
| Income statement | ||||||||||||||||
| Sales revenue | 63 372 | 73 764 | 75 817 | 85 914 | 120 513 | 140 159 | 108 696 | 114 702 | 109 951 | 98 260 | 28 274 | 39 996 | 39 826 | 39 885 | 38 637 | 28 135 |
| Operating profit | -4112 | 22 863 | 430 | 5828 | -4723 | 13 905 | 436 | -180 | 5027 | 11 424 | -26 301 | 5703 | 3743 | -1163 | 1145 | -5830 |
| EBITDA | -1645 | 25 431 | 2611 | 7836 | -2149 | 18 042 | 7184 | 5847 | 10 050 | 16 069 | -21 360 | 9822 | 7197 | 1752 | 3621 | -2901 |
| Profit before income tax | -4448 | 22 655 | -21 | 5622 | -5156 | 13 591 | 73 | -632 | 4803 | 11 121 | -26 696 | 5331 | 3556 | -1448 | 1112 | -5832 |
| Profit for the reporting year | -4994 | 22 480 | -354 | 5222 | -5692 | 13 308 | 73 | -632 | 4803 | 11 121 | -26 696 | 5331 | 3556 | -1448 | 1112 | -5832 |
| Labour costs | 18 816 | 22 843 | 20 731 | 20 391 | 31 483 | 33 078 | 36 251 | 39 281 | 42 471 | 31 339 | 5921 | 3740 | 5775 | 6833 | 10 254 | 11 299 |
| Depreciation of non-current assets | 2467 | 2568 | 2181 | 2008 | 2574 | 4137 | 6748 | 6027 | 5023 | 4645 | 4941 | 4119 | 3454 | 2915 | 2476 | 2929 |
| Other indicators | ||||||||||||||||
| Employees | 10 | 10 | 8 | 7 | 8 | 7 | 7 | 7 | 7 | 3 | 1 | 1 | 1 | 1 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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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Summary: Sabiedrība ar ierobežotu atbildību "MERITS"
Overview
Sabiedrība ar ierobežotu atbildību "MERITS" (reg. no. 40003345096) is a limited liability company. The company was registered in 1997 and has been in the register for 29 years. Registered address: Alūksnes nov., Alūksne, Dārza iela 10.
Financial results
Revenue in 2025 was 28 135 €, down 27,2% on the previous year (38 637 €). From 2010 to 2025, revenue declined by an average of 5,3% per year. This is the company's lowest revenue among the published years (2010–2025). 2025 ended with a loss of 5832 €. The company was profitable in 9 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 14 068 €. At the end of 2025, total assets were 26 284 € and equity 15 204 € (57,8% of assets).
Management and owners
The board has 2 members. According to the register, the company has 6 owners. The largest stake (29,1%) is held by a private individual.
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.