SIA "Malmar Sheet Metal"Active
Key figures
Ratios
2024Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2010–2024
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 2 607 810 | 2 781 443 | 1 131 878 | 1 245 131 | 2 482 897 | 3 384 911 | 4 118 656 | 4 277 678 | 4 722 528 | 4 757 382 | 5 187 299 | 5 396 792 | 6 203 690 | 12 475 639 | 8 822 521 |
| Total non-current assets | 129 562 | 2 825 893 | 4 730 606 | 4 389 911 | 5 759 223 | 6 726 205 | 6 462 815 | 6 367 027 | 6 501 926 | 5 473 393 | 4 347 198 | 3 719 237 | 2 979 892 | 2 641 690 | 7 091 889 |
| Total assets | 2 737 372 | 5 607 336 | 5 862 484 | 5 635 042 | 8 242 120 | 10 111 116 | 10 581 471 | 10 644 705 | 11 224 454 | 10 230 775 | 9 534 497 | 9 116 029 | 9 183 582 | 15 117 329 | 15 914 410 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 1 610 979 | 2 187 990 | 1 414 988 | 1 966 693 | 2 651 525 | 2 775 791 | 2 330 177 | 3 457 526 | 4 643 170 | 4 184 826 | 3 275 083 | 3 499 794 | 3 023 276 | 5 053 599 | 3 360 535 |
| Non-current liabilities | 763 726 | 2 986 966 | 3 930 349 | 2 920 788 | 3 684 077 | 3 812 702 | 3 665 291 | 2 880 326 | 2 613 387 | 1 840 379 | 1 256 225 | 966 217 | 732 229 | 570 326 | 2 176 451 |
| Total liabilities | 2 374 705 | 5 174 956 | 5 345 337 | 4 887 481 | 6 335 602 | 6 588 493 | 5 995 468 | 6 337 852 | 7 256 557 | 6 025 205 | 4 531 308 | 4 466 011 | 3 755 505 | 5 623 925 | 5 536 986 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 79 042 | 69 713 | 84 767 | 230 414 | 842 834 | 1 616 105 | 2 063 380 | 1 220 850 | 311 044 | 237 674 | 797 619 | -103 171 | 778 059 | 4 065 327 | 884 020 |
| Total equity | 362 667 | 432 380 | 517 147 | 747 561 | 1 906 518 | 3 522 623 | 4 586 003 | 4 306 853 | 3 967 897 | 4 205 570 | 5 003 189 | 4 650 018 | 5 428 077 | 9 493 404 | 10 377 424 |
| Income statement | |||||||||||||||
| Sales revenue | 2 974 553 | 4 605 241 | 6 117 412 | 6 811 761 | 11 059 127 | 13 225 559 | 13 960 831 | 15 309 660 | 20 648 040 | 24 441 271 | 17 828 677 | 24 329 239 | 35 491 277 | 35 524 899 | 24 758 781 |
| Operating profit | 122 500 | 143 148 | -105 263 | 326 642 | 1 048 731 | 1 936 857 | 2 429 266 | 858 523 | 373 538 | 292 473 | 841 575 | -82 726 | 813 324 | 4 083 063 | 915 649 |
| Profit before income tax | 99 275 | 76 430 | 13 491 | 230 844 | 954 729 | 1 854 437 | 2 373 227 | 806 697 | 319 011 | 245 676 | 804 298 | -98 306 | 805 972 | 4 078 296 | 910 783 |
| Profit for the reporting year | 79 042 | 69 713 | 84 767 | 230 414 | 842 834 | 1 616 105 | 2 063 380 | 1 220 850 | 311 044 | 237 674 | 797 619 | -103 171 | 778 059 | 4 065 327 | 884 020 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 42 | 65 | 80 | 101 | 110 | 136 | 153 | 180 | 256 | 266 | 217 | 243 | 246 | 248 | 237 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 1 000 000 | 1 500 000 | 500 000 | 0 | 50 000 | 350 000 | 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 "Malmar Sheet Metal"
Overview
SIA "Malmar Sheet Metal" (reg. no. 40003818158) is a limited liability company. The company was registered in 2006 and has been in the register for 20 years. Registered address: Ventspils, Ganību iela 107.
Financial results
Revenue in 2024 was 24 758 781 €, down 30,3% on the previous year (35 524 899 €). From 2010 to 2024, revenue grew by an average of 16,3% per year. Net profit for 2024 was 884 020 € (3,6% of revenue). The company was profitable in 14 of the 15 published years. In 2024 the company had 237 employees (248 a year earlier). Revenue per employee was 104 467 €. At the end of 2024, total assets were 15 914 410 € and equity 10 377 424 € (65,2% of assets).
Management and owners
The board has 2 members. The sole owner of the company is MALMAR GROUP.
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.