SIA "MV GROUP Distribution LV"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportDividends paid 1 200 000 € (23% of equity at the end of the previous year).
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 4 551 981 | 4 770 383 | 5 693 263 | 7 453 199 | 12 477 037 | 14 063 720 | 13 139 509 | 16 975 440 | 18 907 364 | 22 479 421 |
| Total non-current assets | 56 171 | 24 699 | 29 949 | 73 207 | 92 878 | 78 240 | 43 390 | 223 887 | 410 962 | 423 373 |
| Total assets | 4 608 152 | 4 795 082 | 5 723 212 | 7 526 406 | 12 569 915 | 14 141 960 | 13 182 899 | 17 199 327 | 19 318 326 | 22 902 794 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 2 112 566 | 2 029 533 | 3 049 476 | 4 156 877 | 7 926 176 | 10 539 165 | 8 852 433 | 12 291 072 | 14 198 694 | 17 479 695 |
| Non-current liabilities | 0 | 0 | 0 | 1 037 615 | 1 491 936 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 2 112 566 | 2 029 533 | 3 049 476 | 5 194 492 | 9 418 112 | 10 539 165 | 8 852 433 | 12 291 072 | 14 198 694 | 17 479 695 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 702 059 | 769 963 | 908 187 | 730 385 | 819 889 | 850 992 | 1 127 671 | 1 177 789 | 1 211 377 | 1 503 467 |
| Total equity | 2 495 586 | 2 765 549 | 2 673 736 | 2 331 914 | 3 151 803 | 3 602 795 | 4 330 466 | 4 908 255 | 5 119 632 | 5 423 099 |
| Income statement | ||||||||||
| Sales revenue | 14 395 859 | 16 180 033 | 18 990 216 | 20 241 269 | 68 942 443 | 76 092 123 | 80 459 361 | 86 418 155 | 93 652 545 | 97 620 088 |
| Operating profit | 836 367 | 924 063 | 917 054 | 800 933 | 907 924 | 1 022 732 | 1 291 299 | 1 437 569 | 1 616 052 | 1 973 607 |
| Profit before income tax | 832 322 | 911 070 | 908 751 | 777 971 | 821 785 | 952 261 | 1 235 255 | 1 341 432 | 1 477 397 | 1 829 668 |
| Profit for the reporting year | 702 059 | 769 963 | 908 187 | 730 385 | 819 889 | 850 992 | 1 127 671 | 1 177 789 | 1 211 377 | 1 503 467 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 32 | 35 | 37 | 41 | 46 | 55 | 56 | 58 | 59 | 83 |
| Calculated dividend | 200 000 | 500 000 | 1 000 000 | 1 000 000 | 0 | 400 000 | 400 000 | 600 000 | 1 000 000 | 1 200 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
Related companies
Summary: SIA "MV GROUP Distribution LV"
Overview
SIA "MV GROUP Distribution LV" (reg. no. 40003787568) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Rīga, Dēļu iela 4.
Financial results
Revenue in 2025 was 97 620 088 €, up 4,2% on the previous year (93 652 545 €). From 2016 to 2025, revenue grew by an average of 23,7% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 1 503 467 € (1,5% of revenue). The company was profitable in all 10 published years. In 2025 the company had 83 employees (59 a year earlier). Revenue per employee was 1 176 146 €. At the end of 2025, total assets were 22 902 794 € and equity 5 423 099 € (23,7% of assets).
Management and owners
The board has 6 members. The sole owner of the company is UAB "MV GROUP Distribution LT".
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.