Sabiedrība ar ierobežotu atbildību "MASTER GLASS"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2009–2025
| 2009 | 2010 | 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 18 569 | 12 104 | 17 360 | 19 313 | 23 331 | 38 246 | 44 611 | 52 382 | 39 460 | 51 809 | 57 063 | 123 867 | 111 643 | 162 989 |
| Total non-current assets | 20 079 | 13 442 | 1675 | 3643 | 21 095 | 72 615 | 56 154 | 40 923 | 33 516 | 28 444 | 24 985 | 44 472 | 104 674 | 71 239 |
| Total assets | 38 648 | 25 546 | 19 035 | 22 956 | 44 426 | 110 861 | 100 765 | 93 305 | 72 976 | 80 253 | 82 048 | 168 339 | 216 317 | 234 228 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 53 589 | 52 422 | 27 889 | 9482 | 30 551 | 81 459 | 69 837 | 43 011 | 31 184 | 51 957 | 25 560 | 52 099 | 71 069 | 58 373 |
| Non-current liabilities | 0 | 0 | 24 746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 53 589 | 52 422 | 52 635 | 9482 | 30 551 | 81 459 | 69 837 | 43 011 | 31 184 | 51 957 | 25 560 | 52 099 | 71 069 | 58 373 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -21 264 | -9935 | 2749 | 16 554 | 401 | 13 108 | 10 043 | 19 366 | -8502 | -13 496 | 28 192 | 70 752 | 29 008 | 30 607 |
| Total equity | -14 941 | -26 876 | -33 600 | 13 474 | 13 875 | 26 983 | 28 509 | 47 875 | 39 373 | 25 877 | 54 069 | 113 821 | 142 829 | 173 436 |
| Income statement | ||||||||||||||
| Sales revenue | 61 791 | 52 789 | 104 044 | 159 825 | 168 082 | 275 470 | 253 063 | 282 608 | 232 416 | 293 824 | 347 080 | 411 210 | 388 057 | 556 395 |
| Operating profit | -19 533 | -8866 | 2948 | 16 704 | 401 | 13 108 | 10 043 | 19 366 | -8502 | -13 496 | 28 192 | 70 752 | 29 008 | 30 607 |
| Profit before income tax | -23 203 | -9935 | 2749 | 16 554 | 401 | 13 108 | 10 043 | 19 366 | -8502 | -13 496 | 28 192 | 70 752 | 29 008 | 30 607 |
| Profit for the reporting year | -21 264 | -9935 | 2749 | 16 554 | 401 | 13 108 | 10 043 | 19 366 | -8502 | -13 496 | 28 192 | 70 752 | 29 008 | 30 607 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 6 | 5 | 9 | 8 | 9 | 10 | 11 | 11 | 11 | 11 | 9 | 9 | 11 | 11 |
| Calculated dividend | — | 0 | — | — | 0 | 0 | 8517 | 0 | 0 | 0 | 0 | 11 000 | 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: Sabiedrība ar ierobežotu atbildību "MASTER GLASS"
Overview
Sabiedrība ar ierobežotu atbildību "MASTER GLASS" (reg. no. 40003793047) is a limited liability company. The company was registered in 2005 and has been in the register for 20 years. Registered address: Olaines nov., Olaines pag., Medemciems, Pastermuižas iela 7.
Financial results
Revenue in 2025 was 556 395 €, up 43,4% on the previous year (388 057 €). From 2009 to 2025, revenue grew by an average of 18,4% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 30 607 € (5,5% of revenue). The company was profitable in 10 of the 14 published years. In 2025 the company had 11 employees. Revenue per employee was 50 581 €. At the end of 2025, total assets were 234 228 € and equity 173 436 € (74,0% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) 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.