MCITY Gertrudes SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 666 € (1% 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 statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 119 526 | 20 663 | 13 026 | 2608 | 22 144 | 1 208 779 | 1 239 369 | 93 203 | 36 642 | 45 608 | 79 993 | 55 386 | 76 992 | 104 894 | 107 372 | 66 271 |
| Total non-current assets | 1 000 128 | 1 000 118 | 1 000 000 | 1 003 080 | 1 443 931 | 3 773 653 | 3 709 553 | 3 676 406 | 3 706 271 | 3 662 920 | 3 649 599 | 2 710 188 | 2 897 129 | 3 004 593 | 2 983 811 | 2 980 511 |
| Total assets | 1 119 654 | 1 020 781 | 1 013 026 | 1 005 688 | 1 466 075 | 4 982 432 | 4 948 922 | 3 769 609 | 3 742 913 | 3 708 528 | 3 729 592 | 2 765 574 | 2 974 121 | 3 109 487 | 3 091 183 | 3 046 782 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 36 117 | 3 602 726 | 3 597 787 | 3 588 855 | 5 126 384 | 5 228 554 | 5 272 137 | 5 274 303 | 5 348 254 | 125 977 | 109 976 | 127 731 | 169 362 | 173 686 | 156 940 | 148 399 |
| Non-current liabilities | 3 592 419 | 0 | 0 | 0 | 0 | 1 100 000 | 1 071 166 | 1 031 287 | 947 051 | 1 016 960 | 1 066 806 | 979 116 | 886 571 | 1 026 932 | 1 029 465 | 990 875 |
| Total liabilities | 3 628 536 | 3 602 726 | 3 597 787 | 3 588 855 | 5 126 384 | 6 328 554 | 6 343 303 | 6 305 590 | 6 295 305 | 1 142 937 | 1 176 782 | 1 106 847 | 1 055 933 | 1 200 618 | 1 186 405 | 1 139 274 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 14 772 | -73 063 | -2816 | 1594 | 15 206 | 2 314 187 | -48 259 | -1 141 599 | -16 411 | 5 117 983 | -12 781 | -894 083 | 13 700 | 2846 | 75 | 13 396 |
| Total equity | -2 508 882 | -2 581 945 | -2 584 761 | -2 583 167 | -3 660 309 | -1 346 122 | -1 394 381 | -2 535 981 | -2 552 392 | 2 565 591 | 2 552 810 | 1 658 727 | 1 918 188 | 1 908 869 | 1 904 778 | 1 907 508 |
| Income statement | ||||||||||||||||
| Sales revenue | 137 316 | 86 771 | 70 198 | 74 826 | 97 795 | 91 673 | 205 599 | 225 619 | 241 602 | 294 755 | 294 325 | 276 683 | 307 853 | 349 271 | 353 047 | 355 822 |
| Operating profit | 40 337 | -68 276 | 3808 | 3936 | 18 669 | -203 355 | -10 193 | -1 105 008 | 23 810 | 5 156 862 | 21 429 | -869 901 | -25 619 | 64 458 | 68 325 | 65 578 |
| Profit before income tax | 39 317 | -71 103 | -902 | 3508 | 17 929 | 2 320 233 | -48 259 | -1 141 599 | -15 597 | 5 118 845 | -12 735 | -894 023 | 13 721 | 4878 | 106 | 15 021 |
| Profit for the reporting year | 14 772 | -73 063 | -2816 | 1594 | 15 206 | 2 314 187 | -48 259 | -1 141 599 | -16 411 | 5 117 983 | -12 781 | -894 083 | 13 700 | 2846 | 75 | 13 396 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 5 | 4 | 3 | 3 | 4 | 4 | 3 | 2 | 3 | 4 | 5 | 3 | 4 | 4 | 7 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 165 | 4166 | 10 666 |
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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Related companies
- MCITY Astras SIA — 2 shared people
- MCITY Ulbrokas SIA — 2 shared people
- SIA "MCITY Capital" — 2 shared people
- Foro Lux SIA
- SIA "A1C Holdings"
- SIA "MCITY 11"
Summary: MCITY Gertrudes SIA
Overview
MCITY Gertrudes SIA (reg. no. 40003804711) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Ģertrūdes iela 66.
Financial results
Revenue in 2025 was 355 822 €, up 0,8% on the previous year (353 047 €). From 2010 to 2025, revenue grew by an average of 6,6% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 13 396 € (3,8% of revenue). The company was profitable in 9 of the 16 published years. In 2025 the company had 7 employees. Revenue per employee was 50 832 €. At the end of 2025, total assets were 3 046 782 € and equity 1 907 508 € (62,6% of assets).
Management and owners
The board has 2 members. The sole owner of the company is SIA "MCITY Capital".
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.