SIA "MASTEKS"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 | 37 089 | 47 339 | 37 582 | 48 850 | 74 047 | 77 396 | 75 254 | 95 384 | 94 203 | 94 203 | 94 203 | 95 110 | 90 938 | 90 759 | 95 965 | 83 211 |
| Total non-current assets | 787 | 8096 | 7715 | 7796 | 10 912 | 10 587 | 10 453 | 11 833 | 8903 | 8903 | 8903 | 1200 | 1200 | 1200 | 2645 | 1200 |
| Total assets | 37 876 | 55 435 | 45 297 | 56 646 | 84 959 | 87 983 | 85 707 | 107 217 | 103 106 | 103 106 | 103 106 | 96 310 | 92 138 | 91 959 | 98 610 | 84 411 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 654 | 2389 | 4410 | 10 369 | 1023 | 3238 | 3490 | 3309 | 10 015 | 10 015 | 10 015 | 11 730 | 4682 | 7630 | 5010 | 10 342 |
| Non-current liabilities | 52 375 | 67 096 | 60 238 | 69 648 | 122 485 | 125 940 | 131 240 | 143 638 | 139 929 | 139 929 | 139 929 | 123 965 | 124 532 | 118 477 | 124 853 | 123 513 |
| Total liabilities | 53 029 | 69 485 | 64 648 | 80 017 | 123 508 | 129 178 | 134 730 | 146 947 | 149 944 | 149 944 | 149 944 | 135 695 | 129 214 | 126 107 | 129 863 | 133 855 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1758 | 1103 | -5302 | -4019 | -5250 | -2645 | -7828 | 9292 | -7107 | -7107 | -7107 | -6814 | -491 | 128 | 95 | -20 991 |
| Total equity | -15 153 | -14 050 | -19 351 | -23 371 | -38 549 | -41 195 | -49 023 | -39 730 | -46 838 | -46 838 | -46 838 | -39 385 | -37 076 | -34 148 | -31 253 | -49 444 |
| Income statement | ||||||||||||||||
| Sales revenue | 16 242 | 27 208 | 27 297 | 19 574 | 31 656 | 13 898 | 6402 | 41 968 | 46 870 | 46 870 | 46 870 | 53 960 | 32 688 | 64 627 | 117 539 | 53 235 |
| Operating profit | -1758 | 1103 | -5302 | -4019 | -5250 | -2645 | -7828 | 9292 | -7107 | -7107 | -7107 | -6814 | -491 | 128 | 95 | -20 991 |
| Profit before income tax | -1758 | 1103 | -5302 | -4019 | -5250 | -2645 | -7828 | 9292 | -7107 | -7107 | -7107 | -6814 | -491 | 128 | 95 | -20 991 |
| Profit for the reporting year | -1758 | 1103 | -5302 | -4019 | -5250 | -2645 | -7828 | 9292 | -7107 | -7107 | -7107 | -6814 | -491 | 128 | 95 | -20 991 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 5 | 6 | 9 | 8 | 9 | 4 | 4 | 4 | 3 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | 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 "MASTEKS"
Overview
SIA "MASTEKS" (reg. no. 40003681460) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Rīga, Finiera iela 9 - 15.
Financial results
Revenue in 2025 was 53 235 €, down 54,7% on the previous year (117 539 €). From 2010 to 2025, revenue grew by an average of 8,2% per year. 2025 ended with a loss of 20 991 €. The company was profitable in 4 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 26 618 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-49 444 €).
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.