SIA "M.S. Kuznetsov Apartments"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
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 | 369 809 | 784 605 | 897 897 | 1 213 204 | 1 099 676 | 288 573 | 300 241 | 36 847 | 115 153 | 98 915 | 166 809 | 173 148 | 342 542 | 414 668 | 299 695 |
| Total non-current assets | 657 665 | 294 786 | 227 785 | 384 978 | 485 688 | 439 003 | 393 367 | 1 250 054 | 1 142 524 | 1 026 682 | 956 492 | 901 688 | 853 327 | 823 164 | 802 174 |
| Total assets | 1 027 474 | 1 079 391 | 1 125 682 | 1 598 182 | 1 585 364 | 727 576 | 693 608 | 1 286 901 | 1 257 677 | 1 125 597 | 1 123 301 | 1 074 836 | 1 195 869 | 1 237 832 | 1 101 869 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 10 395 | 211 530 | 284 981 | 405 997 | 349 863 | 110 659 | 119 510 | 215 515 | 189 754 | 68 149 | 67 189 | 17 616 | 26 148 | 53 272 | 10 679 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 11 019 | 7346 | 3673 | 0 | 0 | 0 | 108 196 | 315 188 | 255 688 | 111 992 | 66 492 |
| Total liabilities | 10 395 | 211 530 | 284 981 | 405 997 | 360 882 | 118 005 | 123 183 | 215 515 | 189 754 | 68 149 | 175 385 | 332 804 | 281 836 | 165 264 | 77 171 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 44 323 | 150 781 | -27 161 | -4025 | 32 311 | -614 911 | -39 146 | 44 170 | -3463 | -10 475 | 40 464 | 94 108 | 172 001 | 158 535 | -47 870 |
| Total equity | 1 017 079 | 867 861 | 840 701 | 1 192 185 | 1 224 482 | 609 571 | 570 425 | 1 071 386 | 1 067 923 | 1 057 448 | 947 916 | 742 032 | 914 033 | 1 072 568 | 1 024 698 |
| Income statement | |||||||||||||||
| Sales revenue | 15 109 | 15 390 | 3003 | 4280 | 51 823 | 37 141 | 35 045 | 73 841 | 108 271 | 107 507 | 129 823 | 189 618 | 275 169 | 218 527 | 154 278 |
| Operating profit | 41 284 | 149 852 | -61 158 | -45 572 | -8655 | -612 537 | -39 146 | 44 170 | -8611 | -10 475 | 12 598 | 64 457 | 143 469 | 89 726 | -127 128 |
| Profit before income tax | 47 237 | 154 993 | -24 748 | -175 | 36 709 | -614 911 | -39 146 | 44 170 | -3463 | -10 475 | 40 464 | 94 108 | 172 001 | 158 535 | -47 870 |
| Profit for the reporting year | 44 323 | 150 781 | -27 161 | -4025 | 32 311 | -614 911 | -39 146 | 44 170 | -3463 | -10 475 | 40 464 | 94 108 | 172 001 | 158 535 | -47 870 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149 996 | 299 992 | 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 "M.S. Kuznetsov Apartments"
Overview
SIA "M.S. Kuznetsov Apartments" (reg. no. 40003692553) is a limited liability company. The company was registered in 2004 and has been in the register for 22 years. Registered address: Jūrmala, Mellužu prospekts 34.
Financial results
Revenue in 2025 was 154 278 €, down 29,4% on the previous year (218 527 €). From 2011 to 2025, revenue grew by an average of 18,1% per year. 2025 ended with a loss of 47 870 €. The company was profitable in 8 of the 15 published years. In 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 154 278 €. At the end of 2025, total assets were 1 101 869 € and equity 1 024 698 € (93,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (90%) is held by 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.