SIA "Management Service Company"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 999 € (33% 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).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 82 658 | 8939 | 7350 | 522 | 4174 | 16 673 | 12 841 | 13 068 | 12 735 | 25 936 | 14 781 | 24 184 | 46 442 | 40 677 | 29 819 |
| Total non-current assets | 0 | 5245 | 3102 | 1364 | 2985 | 2240 | 2520 | 2100 | 630 | 1002 | 878 | 2083 | 8666 | 6379 | 36 688 |
| Total assets | 82 658 | 14 184 | 10 452 | 1886 | 7159 | 18 913 | 15 361 | 15 168 | 13 365 | 26 938 | 15 659 | 26 267 | 55 108 | 47 056 | 66 507 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 267 470 | 10 974 | 0 | 0 | 0 | 11 727 | 6270 | 10 327 | 10 305 | 3641 | 5073 | 7184 | 21 446 | 14 086 | 14 237 |
| Non-current liabilities | 0 | 0 | 9551 | 4526 | 3129 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3862 | 0 | 22 865 |
| Total liabilities | 267 470 | 10 974 | 9551 | 4526 | 3129 | 11 727 | 6270 | 10 327 | 10 305 | 3641 | 5073 | 7184 | 25 308 | 14 086 | 37 102 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -15 068 | 188 022 | -2309 | -3922 | 6670 | 3156 | 1906 | -4250 | 214 | 20 237 | 7289 | 8497 | 21 716 | 7170 | 7434 |
| Total equity | -184 812 | 3210 | 901 | -2640 | 4030 | 7186 | 9091 | 4841 | 3060 | 23 297 | 10 586 | 19 083 | 29 800 | 32 970 | 29 405 |
| Income statement | |||||||||||||||
| Sales revenue | 47 009 | 246 400 | 363 | 0 | 19 813 | 30 977 | 23 349 | 29 952 | 34 991 | 73 970 | 72 262 | 89 650 | 115 408 | 100 691 | 106 043 |
| Operating profit | -12 998 | 191 278 | -2309 | -5455 | 7272 | 3744 | 2251 | -4231 | 266 | 20 249 | 12 115 | 8512 | 24 613 | 8698 | 11 430 |
| Profit before income tax | -15 068 | 191 131 | -2309 | -3922 | 7231 | 3744 | 2336 | -4235 | 259 | 20 249 | 12 289 | 8497 | 24 466 | 8170 | 10 184 |
| Profit for the reporting year | -15 068 | 188 022 | -2309 | -3922 | 6670 | 3156 | 1906 | -4250 | 214 | 20 237 | 7289 | 8497 | 21 716 | 7170 | 7434 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 5 | 3 | 1 | 0 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1995 | 0 | 20 000 | 0 | 10 999 | 4000 | 10 999 |
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 "Management Service Company"
Overview
SIA "Management Service Company" (reg. no. 40003607025) is a limited liability company. The company was registered in 2002 and has been in the register for 24 years. Registered address: Rīga, Ojāra Vācieša iela 7 - 1.
Financial results
Revenue in 2025 was 106 043 €, up 5,3% on the previous year (100 691 €). From 2011 to 2025, revenue grew by an average of 6,0% per year. Net profit for 2025 was 7434 € (7,0% of revenue). The company was profitable in 11 of the 15 published years. In 2025 the company had 1 employees. Revenue per employee was 106 043 €. At the end of 2025, total assets were 66 507 € and equity 29 405 € (44,2% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual. The company holds a stake in one other active Latvian company.
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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.