SIA "MUSTANGS AUTO"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 430 810 | 442 415 | 409 013 | 418 792 | 434 387 | 406 368 | 569 294 | 578 572 | 607 520 | 498 938 | 411 974 | 120 571 | 149 927 | 185 397 | 201 083 | 288 513 | 233 720 | 222 148 |
| Total non-current assets | 330 304 | 319 129 | 313 386 | 309 406 | 302 214 | 295 618 | 411 044 | 478 168 | 462 062 | 427 214 | 416 391 | 335 206 | 322 155 | 317 363 | 299 193 | 291 439 | 281 498 | 278 858 |
| Total assets | 761 114 | 761 544 | 722 399 | 728 198 | 736 601 | 701 986 | 980 338 | 1 056 740 | 1 069 582 | 926 152 | 828 365 | 455 777 | 472 082 | 502 760 | 500 276 | 579 952 | 515 218 | 501 006 |
| Balance sheet — liabilities and equity | ||||||||||||||||||
| Current liabilities | 123 394 | 159 402 | 139 845 | 162 511 | 182 081 | 141 576 | 229 770 | 149 653 | 151 119 | 140 119 | 74 033 | 20 284 | 22 985 | 76 638 | 111 688 | 166 172 | 149 031 | 152 031 |
| Non-current liabilities | 109 255 | 100 775 | 100 775 | 100 775 | 100 775 | 100 775 | 112 141 | 270 136 | 281 998 | 146 784 | 45 565 | 29 780 | 60 173 | 86 802 | 123 067 | 177 818 | 200 811 | 158 380 |
| Total liabilities | 232 649 | 260 177 | 240 620 | 263 286 | 282 856 | 242 351 | 341 911 | 419 789 | 433 117 | 286 903 | 119 598 | 50 064 | 83 158 | 163 440 | 234 755 | 343 990 | 349 842 | 310 411 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -2514 | -27 098 | -16 985 | -16 867 | -11 167 | 5890 | -15 575 | -1476 | -1893 | 2784 | 69 518 | 13 557 | -16 790 | -49 604 | -73 799 | -29 559 | -70 585 | 25 219 |
| Total equity | 528 465 | 501 367 | 481 779 | 464 912 | 453 745 | 459 635 | 638 427 | 636 951 | 636 358 | 639 142 | 708 660 | 405 713 | 388 924 | 339 320 | 265 521 | 235 962 | 165 376 | 190 595 |
| Income statement | ||||||||||||||||||
| Sales revenue | 265 442 | 203 000 | 144 531 | 119 017 | 129 056 | 206 732 | 205 686 | 225 142 | 244 160 | 233 895 | 196 843 | 197 008 | 234 302 | 276 536 | 324 784 | 352 847 | 357 823 | 422 545 |
| Operating profit | 33 311 | -12 042 | -2268 | -2596 | 1356 | 21 675 | 8316 | 13 506 | 7085 | 6486 | 75 026 | 13 557 | -16 790 | -49 567 | -73 706 | -26 923 | -68 381 | 27 069 |
| Profit before income tax | 768 | -23 052 | -12 865 | -12 314 | -6974 | 10 373 | -11 921 | 3213 | 582 | 2784 | 73 268 | 13 557 | -16 790 | -49 567 | -73 706 | -29 239 | -70 196 | 25 219 |
| Profit for the reporting year | -2514 | -27 098 | -16 985 | -16 867 | -11 167 | 5890 | -15 575 | -1476 | -1893 | 2784 | 69 518 | 13 557 | -16 790 | -49 604 | -73 799 | -29 559 | -70 585 | 25 219 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||||
| Employees | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 6 | 7 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 |
| Calculated dividend | 0 | 0 | 2603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 316 504 | 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 "MUSTANGS AUTO"
Overview
SIA "MUSTANGS AUTO" (reg. no. 40003561980) is a limited liability company. The company was registered in 2001 and has been in the register for 25 years. Registered address: Rīga, Kārļa Ulmaņa gatve 84A.
Financial results
Revenue in 2025 was 422 545 €, up 18,1% on the previous year (357 823 €). From 2008 to 2025, revenue grew by an average of 2,8% per year. This is the company's highest revenue among the published years (2008–2025). Net profit for 2025 was 25 219 € (6,0% of revenue). The company was profitable in 5 of the 18 published years. In 2025 the company had 6 employees. Revenue per employee was 70 424 €. At the end of 2025, total assets were 501 006 € and equity 190 595 € (38,0% 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.