SIA "MSN"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2008–2025
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||||
| Total current assets | 57 541 | 727 | 6470 | 9755 | 9146 | 4940 | 94 811 | 36 073 | 14 981 | 11 612 | 8743 | 19 403 | 39 564 | 23 872 | 40 043 | 47 089 | 33 374 | 39 493 |
| Total non-current assets | 171 | 102 | 34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110 | 498 | 681 | 339 | 499 | 219 |
| Total assets | 57 712 | 829 | 6504 | 9755 | 9146 | 4940 | 94 811 | 36 073 | 14 981 | 11 612 | 8743 | 19 403 | 39 674 | 24 370 | 40 724 | 47 428 | 33 873 | 39 712 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 53 495 | 75 | 5077 | 5152 | 5381 | 2032 | 90 989 | 35 611 | 21 138 | 17 761 | 7564 | 13 534 | 33 828 | 18 342 | 26 606 | 26 384 | 16 614 | 13 667 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7297 | 11 947 | 11 947 | 11 047 | 11 047 | 11 047 | 7047 | 7047 |
| Total liabilities | 53 495 | 75 | 5077 | 5152 | 5381 | 2032 | 90 989 | 35 611 | 21 138 | 17 761 | 14 861 | 25 481 | 45 775 | 29 389 | 37 653 | 37 431 | 23 661 | 20 714 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 182 | -3463 | 673 | 3176 | -838 | -857 | -316 | -3360 | -6613 | 8 | 30 | 40 | -23 | 1082 | 8090 | 6926 | 215 | 8786 |
| Total equity | 4217 | 754 | 1427 | 4603 | 3765 | 2908 | 3822 | 462 | -6157 | -6149 | -6118 | -6078 | -6101 | -5019 | 3071 | 9997 | 10 212 | 18 998 |
| Income statement | ||||||||||||||||||
| Sales revenue | 240 130 | 55 204 | 60 348 | 116 867 | 71 546 | 68 511 | 197 592 | 171 734 | 55 519 | 67 397 | 112 455 | 99 213 | 86 871 | 112 036 | 106 994 | 178 288 | 140 659 | 187 354 |
| Operating profit | 219 | -3453 | 675 | 3303 | -831 | -854 | -314 | -3314 | -6630 | 8 | 30 | 41 | -16 | 1313 | 8193 | 7014 | 427 | 8918 |
| EBITDA | 315 | — | — | — | — | — | — | — | — | 32 | 171 | 41 | 6 | 1425 | 8446 | 7356 | 1240 | 9199 |
| Profit before income tax | 220 | -3463 | 673 | 3278 | -838 | -857 | -316 | -3360 | -6613 | 8 | 30 | 40 | -23 | 1082 | 8090 | 6926 | 215 | 8786 |
| Profit for the reporting year | 182 | -3463 | 673 | 3176 | -838 | -857 | -316 | -3360 | -6613 | 8 | 30 | 40 | -23 | 1082 | 8090 | 6926 | 215 | 8786 |
| Labour costs | 6856 | — | — | — | — | — | — | — | — | 8797 | 10 510 | 9191 | 7435 | 7691 | 10 327 | 11 149 | 10 845 | 11 846 |
| Depreciation of non-current assets | 96 | — | — | — | — | — | — | — | — | 24 | 141 | 0 | 22 | 112 | 253 | 342 | 813 | 281 |
| Other indicators | ||||||||||||||||||
| Employees | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 0 | 0 | 0 | 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: SIA "MSN"
Overview
SIA "MSN" (reg. no. 40003468418) is a limited liability company. The company was registered in 1999 and has been in the register for 26 years. Registered address: Ogres nov., Lielvārde, Edgara Kauliņa aleja 15 - 5.
Financial results
Revenue in 2025 was 187 354 €, up 33,2% on the previous year (140 659 €). From 2008 to 2025, revenue declined by an average of 1,4% per year. Net profit for 2025 was 8786 € (4,7% of revenue). The company was profitable in 11 of the 18 published years. In 2025 the company had 2 employees. Revenue per employee was 93 677 €. At the end of 2025, total assets were 39 712 € and equity 18 998 € (47,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is 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.