"LATMAS" SIAActive

40003805473Limited liability companyFounded 2006

Key figures

393 845 €-33,2%
Revenue 2025
0250 k500 k750 k1 m’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k’09’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

calculated
2025

No dividends were paid.

History
20250 €
20240 €
20230 €
20220 €
20210 €
20200 €
20190 €
20180 €
20170 €
2016 ~601 €
20150 €
20140 €
20130 €
20120 €
20110 €
20100 €
Summary of financial statements2009–2025
20212022202320242025
Sales revenue376 693500 241431 313589 789393 845
Profit for the reporting year-25 018-91 026-50 90352 23282 437
Retained earnings of previous periods—————
Total assets338 359484 66985 39361 054130 617
Total liabilities318 709556 045224 47656 87944 005
Total equity19 650-71 376-139 083417586 612
Employees866109
Calculated dividend00000

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
50%50%"LATMAS" SIABarkovskis VarisBoroda Artūrs
CompanyPersonShareholderOther roleAdditional link

Summary: "LATMAS" SIA

Overview

"LATMAS" SIA (reg. no. 40003805473) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Rīga, Ventspils iela 50.

Financial results

Revenue in 2025 was 393 845 €, down 33,2% on the previous year (589 789 €). Net profit for 2025 was 82 437 € (20,9% of revenue). The company was profitable in 7 of the 17 published years. In 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 43 761 €. At the end of 2025, total assets were 130 617 € and equity 86 612 € (66,3% of assets).

Management and owners

The board has 2 members. 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.