AS "GRANT-M"Active

40103012008Joint-stock companyFounded 1991

Key figures

92 052 €+215,0%
Revenue 2025
+26,8%
Average annual growth 2010–2025
025 k50 k75 k100 k’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
02,5 m5 m7,5 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets2352236072573594530149382905163120881479213 03690859132823 6927866534 621
Total non-current assets64 00862 34261 30360 35183 72480 34777 27874 48972 11069 7401 582 4092 159 8762 591 685894 6515 151 9635 653 273
Total assets66 36064 70268 56063 94589 02585 28580 18376 12074 19871 2191 795 4452 168 9612 600 8171 718 3435 159 8296 187 894
Balance sheet — liabilities and equity
Current liabilities84 03885 05084 35779 497107 839109 6294753623462003229446568617814694420 22671 388
Non-current liabilities12271227122712271746174698 70298 96166 80369 5231 719 5232 060 2232 683 223497 8235 083 4254 070 537
Total liabilities85 26586 27785 58480 724109 585111 375103 455105 19573 00372 7521 723 9882 067 0842 691 037504 7675 103 6514 141 925
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year-9747-16203914-483050-54493438-5803-1888-2728-12 01030 420-192 0971 303 796-1 157 398389 772
Total equity-20 556-22 176-18 262-18 310-23 003-28 455-23 272-29 0751195-153371 457101 877-90 2201 213 57656 1782 045 969
Income statement
Sales revenue26015170917113 03218 99616 88016 02818 77323 75722 73620 11124 98123 82419 73329 22792 052
Operating profit-9668-1518-2192-17131028-8318221-7097-3213-4938-13 877-8137-438 400-10 844-1 182 052-3610
Profit before income tax-9668-151842142583675-48243438-5803-1888-2728-12 01030 420-192 0971 303 796-1 157 398395 113
Profit for the reporting year-9747-16203914-483050-54493438-5803-1888-2728-12 01030 420-192 0971 303 796-1 157 398389 772
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees2222232222111123
Calculated dividend—000000000000000

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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100%96,13%74,51%49,02%25%18%50,98%3,79%AS "GRANT-M"8Mhitarjans Mhitars3Gurkins IgorsSabiedrība ar ierobež…Sabiedrība ar ierobež…SIA "Bēne Agro"SIA "BRĪVĀ ZEME"Up2 Money, SIASabiedrība ar ierobež…
CompanyPersonShareholderOther roleAdditional link

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Shared members or board members

Summary: AS "GRANT-M"

Overview

AS "GRANT-M" (reg. no. 40103012008) is a joint-stock company. The company was registered in 1991 and has been in the register for 35 years. Registered address: Rīga, Krišjāņa Barona iela 98.

Financial results

Revenue in 2025 was 92 052 €, up 215% on the previous year (29 227 €). From 2010 to 2025, revenue grew by an average of 26,8% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 389 772 € (423% of revenue). The company was profitable in 6 of the 16 published years. In 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 30 684 €. At the end of 2025, total assets were 6 187 894 € and equity 2 045 969 € (33,1% of assets).

Management and owners

The board has 2 members. The company holds stakes in 6 active Latvian companies.

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.