M&M Militzer & Muench Latvia SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 766 117 | 895 974 | 831 585 | 707 417 | 725 217 | 875 708 | 883 861 | 709 236 | 759 996 | 801 694 |
| Total non-current assets | 18 035 | 33 827 | 32 151 | 23 000 | 15 646 | 9743 | 20 874 | 23 197 | 23 835 | 61 259 |
| Total assets | 784 152 | 929 801 | 863 736 | 730 417 | 740 863 | 885 451 | 904 735 | 732 433 | 783 831 | 862 953 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 539 368 | 608 662 | 564 487 | 459 225 | 494 653 | 476 915 | 687 205 | 524 898 | 650 527 | 615 352 |
| Non-current liabilities | 29 393 | 522 | 559 | 103 | 38 | 187 | 42 | 213 | 1398 | 231 |
| Total liabilities | 568 761 | 609 184 | 565 046 | 459 328 | 494 691 | 477 102 | 687 247 | 525 111 | 651 925 | 615 583 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -56 115 | 157 089 | 147 525 | 111 399 | 75 084 | 326 888 | 59 139 | 89 834 | 24 584 | 115 464 |
| Total equity | 155 364 | 252 453 | 249 978 | 231 377 | 206 460 | 408 349 | 217 488 | 207 322 | 131 906 | 247 370 |
| Income statement | ||||||||||
| Sales revenue | 3 791 021 | 4 411 934 | 4 722 093 | 4 644 359 | 4 062 951 | 4 254 503 | 5 085 123 | 4 549 844 | 5 563 434 | 5 877 125 |
| Operating profit | -28 389 | 190 197 | 147 525 | 136 017 | 99 073 | 352 640 | 122 669 | 116 031 | 49 956 | 116 037 |
| Profit before income tax | -28 389 | 190 197 | 147 525 | 136 017 | 99 073 | 352 640 | 122 669 | 116 031 | 49 956 | 116 037 |
| Profit for the reporting year | -56 115 | 157 089 | 147 525 | 111 399 | 75 084 | 326 888 | 59 139 | 89 834 | 24 584 | 115 464 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 17 | 18 | 17 | 18 | 18 | 18 | 18 | 18 | 19 | 18 |
| Calculated dividend | — | 60 000 | 150 000 | 130 000 | 100 001 | 124 999 | 250 000 | 100 000 | 100 000 | 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: M&M Militzer & Muench Latvia SIA
Overview
M&M Militzer & Muench Latvia SIA (reg. no. 40003878585) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Rīga, Zemitāna iela 9.
Financial results
Revenue in 2025 was 5 877 125 €, up 5,6% on the previous year (5 563 434 €). From 2016 to 2025, revenue grew by an average of 5,0% per year. This is the company's highest revenue among the published years (2016–2025). Net profit for 2025 was 115 464 € (2,0% of revenue). The company was profitable in 9 of the 10 published years. In 2025 the company had 18 employees (19 a year earlier). Revenue per employee was 326 507 €. At the end of 2025, total assets were 862 953 € and equity 247 370 € (28,7% of assets).
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (85%) is held by TRANSTERMINAL HOLDING AG.
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.