Momentin Latvia SIAActive

40103159654Limited liability companyFounded 2008

Key figures

2 502 181 €-15,8%

Revenue 2024

+11,4%

Average annual growth 2010–2024

Ratios

2024

-1,6%

Profit margin

26,5%

Equity ratio

1,5×

Current ratio

-13,2%

Return on equity

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

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	199 160	222 099	240 949	382 389	386 230	386 231	775 147	777 440	782 343	818 697	899 131	1 091 560	1 416 123	1 145 080	1 146 130
Total non-current assets	1747	5599	7113	12 381	12 140	10 400	7846	9534	17 496	22 222	19 037	22 681	33 574	27 542	15 406
Total assets	200 907	227 698	248 062	394 770	398 370	396 631	782 993	786 974	799 839	840 919	918 168	1 114 241	1 449 697	1 172 622	1 161 536
Balance sheet — liabilities and equity
Current liabilities	345 480	338 421	286 435	393 502	356 645	329 148	653 028	699 783	577 903	663 204	577 074	874 375	978 636	824 037	752 209
Non-current liabilities	0	0	0	0	0	0	0	0	156 492	142 744	326 038	210 909	207 023	30	101 453
Total liabilities	345 480	338 421	286 435	393 502	356 645	329 148	653 028	699 783	734 395	805 948	903 112	1 085 284	1 185 659	824 067	853 662
Share capital	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Retained earnings of previous periods	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit for the year	-19 929	33 850	72 350	56 302	40 457	25 758	62 483	-42 774	-21 747	-30 473	-19 915	13 902	235 081	84 517	-40 681
Total equity	-144 573	-110 723	-38 373	1268	41 725	67 483	129 965	87 191	65 444	34 971	15 056	28 957	264 038	348 555	307 874
Income statement
Sales revenue	554 379	844 633	1 128 815	1 806 563	1 785 226	2 324 337	2 698 994	2 400 063	2 535 627	2 654 944	2 175 436	2 445 620	3 387 961	2 971 430	2 502 181
Operating profit	-9037	51 485	80 437	75 551	60 631	36 561	83 900	-23 885	-14 344	-22 529	-17 348	18 598	253 138	101 164	-27 011
Profit before income tax	-19 929	33 850	73 960	69 023	51 410	33 342	78 089	-28 450	-17 405	-24 668	-19 472	16 299	250 554	95 615	-29 192
Profit for the reporting year	-19 929	33 850	72 350	56 302	40 457	25 758	62 483	-42 774	-21 747	-30 473	-19 915	13 902	235 081	84 517	-40 681
Labour costs	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation of non-current assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Other indicators
Employees	3	4	4	5	4	6	6	7	7	7	8	8	7	7	7
Calculated dividend	0	0	0	0	0	0	0	0	0	0	0	0	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: Momentin Latvia SIA

Overview

Momentin Latvia SIA (reg. no. 40103159654) is a limited liability company. The company was registered in 2008 and has been in the register for 18 years. Registered address: Rīga, Ernestīnes iela 24 - 1.

Financial results

Revenue in 2024 was 2 502 181 €, down 15,8% on the previous year (2 971 430 €). From 2010 to 2024, revenue grew by an average of 11,4% per year. 2024 ended with a loss of 40 681 €. The company was profitable in 9 of the 15 published years. In 2024 the company had 7 employees. Revenue per employee was 357 454 €. At the end of 2024, total assets were 1 161 536 € and equity 307 874 € (26,5% of assets).

Management and owners

The board has 2 members. The sole owner of the company is Momentin Eesti OU.

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.