AS SMW GroupActive
Key figures
Ratios
2022Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2011–2022
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 4551 | 2611 | 2151 | 2730 | 1793 | 22 675 | 19 210 | 74 619 | 4 640 649 | 627 951 | 599 191 | 768 986 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 47 332 | 46 404 | 271 004 | 4 528 290 | 4 920 299 | 5 181 865 |
| Total assets | 4551 | 2611 | 2151 | 2730 | 1793 | 22 675 | 66 542 | 121 023 | 4 911 653 | 5 156 241 | 5 519 490 | 5 950 851 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 14 771 | 12 337 | 0 | 308 | 265 | 23 100 | 64 178 | 39 471 | 44 958 | 396 226 | 752 993 | 1 158 326 |
| Non-current liabilities | 0 | 0 | 12 602 | 18 127 | 18 130 | 14 028 | 531 | 0 | 127 964 | 20 828 | 29 744 | 5830 |
| Total liabilities | 14 771 | 12 337 | 12 602 | 18 435 | 18 395 | 37 128 | 64 709 | 39 471 | 172 922 | 417 054 | 782 737 | 1 164 156 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1570 | 494 | -725 | -835 | -896 | 2494 | 17 636 | 57 469 | 32 599 | 3387 | 28 566 | 50 242 |
| Total equity | -11 411 | -10 917 | -11 642 | -17 400 | -18 297 | -15 803 | 1833 | 81 552 | 4 738 731 | 4 738 887 | 4 736 453 | 4 786 695 |
| Income statement | ||||||||||||
| Sales revenue | 0 | 0 | 0 | 0 | 0 | 3822 | 29 000 | 290 741 | 317 613 | 364 730 | 780 134 | 772 817 |
| Operating profit | -1569 | 502 | -709 | -835 | -896 | 2494 | 18 879 | 59 738 | 46 871 | 8378 | 48 561 | 111 566 |
| Profit before income tax | -1570 | 494 | -725 | -835 | -896 | 2494 | 18 879 | 59 738 | 32 599 | 3387 | 28 566 | 50 242 |
| Profit for the reporting year | -1570 | 494 | -725 | -835 | -896 | 2494 | 17 636 | 57 469 | 32 599 | 3387 | 28 566 | 50 242 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 1 | 0 | 1 | 2 | 6 | 11 | 20 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3231 | 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: AS SMW Group
Overview
AS SMW Group (reg. no. 40003495011) is a joint-stock company. The company was registered in 2000 and has been in the register for 26 years. Registered address: Ādažu nov., Carnikavas pag., Mežgarciems, Sintēzes iela 1.
Financial results
Revenue in 2022 was 772 817 €, down 0,9% on the previous year (780 134 €). Net profit for 2022 was 50 242 € (6,5% of revenue). The company was profitable in 8 of the 12 published years. In 2022 the company had 20 employees (11 a year earlier). Revenue per employee was 38 641 €. At the end of 2022, total assets were 5 950 851 € and equity 4 786 695 € (80,4% of assets).
Points to note
The latest published annual report is for 2022.
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.