"MI Industry" SIAActive
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2010–2025
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||||
| Total current assets | 16 532 | 11 216 | 10 113 | 49 295 | 39 975 | 19 981 | 14 577 | 14 137 | 20 625 | 13 120 | 9487 | 16 461 | 13 622 | 24 091 | 44 875 | 58 145 |
| Total non-current assets | 134 | 10 | 6068 | 5337 | 5610 | 1767 | 19 049 | 16 546 | 17 015 | 17 307 | 12 736 | 8938 | 8910 | 8439 | 5046 | 3572 |
| Total assets | 16 666 | 11 226 | 16 181 | 54 632 | 45 585 | 21 748 | 33 626 | 30 683 | 37 640 | 30 427 | 22 223 | 25 399 | 22 532 | 32 530 | 49 921 | 61 717 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 13 553 | 21 474 | 17 430 | 33 622 | 51 484 | 30 219 | 40 277 | 40 789 | 45 518 | 30 759 | 43 060 | 41 350 | 40 747 | 51 149 | 56 734 | 34 415 |
| Non-current liabilities | 12 838 | 13 571 | 26 468 | 54 536 | 98 997 | 113 771 | 135 465 | 153 828 | 179 239 | 246 055 | 281 112 | 306 097 | 303 905 | 316 660 | 364 638 | 379 706 |
| Total liabilities | 26 391 | 35 045 | 43 898 | 88 158 | 150 481 | 143 990 | 175 742 | 194 617 | 224 757 | 276 814 | 324 172 | 347 447 | 344 652 | 367 809 | 421 372 | 414 121 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -11 725 | -14 094 | -3898 | -5809 | -57 193 | -17 346 | -33 774 | -21 818 | -23 183 | -59 269 | -55 561 | -20 098 | -72 | -13 159 | -36 172 | 19 047 |
| Total equity | -9725 | -23 819 | -27 717 | -33 526 | -104 896 | -122 242 | -142 116 | -163 934 | -187 117 | -246 387 | -301 949 | -322 048 | -322 120 | -335 279 | -371 451 | -352 404 |
| Income statement | ||||||||||||||||
| Sales revenue | 97 488 | 93 181 | 90 732 | 88 857 | 92 438 | 117 060 | 92 112 | 120 795 | 137 038 | 121 596 | 102 580 | 116 809 | 131 352 | 165 037 | 192 462 | 230 600 |
| Operating profit | -11 725 | -14 094 | -3898 | -5809 | -57 193 | -17 346 | -33 774 | -21 818 | -23 183 | -59 269 | -55 561 | -20 098 | 1710 | -12 263 | -35 831 | 19 347 |
| Profit before income tax | -11 725 | -14 094 | -3898 | -5809 | -57 193 | -17 346 | -33 774 | -21 818 | -23 183 | -59 269 | -55 561 | -20 098 | -72 | -13 159 | -36 172 | 19 047 |
| Profit for the reporting year | -11 725 | -14 094 | -3898 | -5809 | -57 193 | -17 346 | -33 774 | -21 818 | -23 183 | -59 269 | -55 561 | -20 098 | -72 | -13 159 | -36 172 | 19 047 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 6 | 6 | 4 | 3 | 5 | 4 | 4 | 4 | 4 | 6 | 7 | 6 | 4 | 5 | 5 | 6 |
| Calculated dividend | 0 | 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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Related companies
- "MI Industry" SIA — 50%
Summary: "MI Industry" SIA
Overview
"MI Industry" SIA (reg. no. 40103254484) is a limited liability company. The company was registered in 2009 and has been in the register for 17 years. Registered address: Rīga, Rēzeknes iela 3B.
Financial results
Revenue in 2025 was 230 600 €, up 19,8% on the previous year (192 462 €). From 2010 to 2025, revenue grew by an average of 5,9% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 19 047 € (8,3% of revenue). The company was profitable in 1 of the 16 published years. In 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 38 433 €.
Management and owners
The company has one board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual. The company holds a stake in one other active Latvian company.
Points to note
Equity was negative at the end of 2025 (-352 404 €).
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.