SIA "MTG Latvia"Active
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 | 31 781 | 168 734 | 173 892 | 214 041 | 238 085 | 230 178 | 326 488 | 234 206 | 229 826 | 225 072 | 221 578 | 225 313 | 3710 | 623 | 2089 | 25 840 |
| Total non-current assets | 2734 | 4710 | 32 253 | 25 614 | 43 115 | 31 478 | 30 394 | 24 625 | 8043 | 6825 | 4117 | 0 | 0 | 0 | 0 | 1060 |
| Total assets | 34 515 | 173 444 | 206 145 | 239 655 | 281 200 | 261 656 | 356 882 | 258 831 | 237 869 | 231 897 | 225 695 | 225 313 | 3710 | 623 | 2089 | 26 900 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 31 167 | 169 169 | 190 121 | 223 956 | 31 363 | 28 988 | 38 580 | 23 750 | 23 526 | 35 005 | 29 262 | 27 765 | 2977 | 1823 | 144 704 | 8489 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 345 341 | 339 241 | 456 882 | 363 670 | 360 851 | 360 851 | 364 035 | 364 035 | 347 535 | 144 601 | 0 | 147 437 |
| Total liabilities | 31 167 | 169 169 | 190 121 | 223 956 | 376 704 | 368 229 | 495 462 | 387 420 | 384 377 | 395 856 | 393 297 | 391 800 | 350 512 | 146 424 | 144 704 | 155 926 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1348 | 927 | 11 749 | -325 | -117 842 | -11 063 | -32 007 | 9991 | -17 919 | -17 451 | -3643 | 1115 | -180 315 | 20 686 | 429 | 11 853 |
| Total equity | 3348 | 4275 | 16 024 | 15 699 | -95 504 | -106 573 | -138 580 | -128 589 | -146 508 | -163 959 | -167 602 | -166 487 | -346 802 | -145 801 | -145 372 | -133 520 |
| Income statement | ||||||||||||||||
| Sales revenue | 65 465 | 95 268 | 159 407 | 188 079 | 83 092 | 73 354 | 68 128 | 83 409 | 142 370 | 92 070 | 50 977 | 50 365 | 57 155 | 42 295 | 67 481 | 74 387 |
| Operating profit | 1461 | 1044 | 11 772 | 97 | -117 842 | -11 063 | -32 007 | 10 135 | -16 516 | -17 422 | -3643 | 1115 | -397 315 | 20 686 | 408 | 11 821 |
| Profit before income tax | 1461 | 1044 | 11 749 | 97 | -117 842 | -11 063 | -32 007 | 10 135 | -17 919 | -17 451 | -3643 | 1115 | -180 315 | 20 686 | 429 | 11 853 |
| Profit for the reporting year | 1348 | 927 | 11 749 | -325 | -117 842 | -11 063 | -32 007 | 9991 | -17 919 | -17 451 | -3643 | 1115 | -180 315 | 20 686 | 429 | 11 853 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 4 | 4 | 3 | 3 | 1 | 2 | 1 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| 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: SIA "MTG Latvia"
Overview
SIA "MTG Latvia" (reg. no. 40103260866) is a limited liability company. The company was registered in 2009 and has been in the register for 16 years. Registered address: Rīga, Kalēju iela 45 - 3.
Financial results
Revenue in 2025 was 74 387 €, up 10,2% on the previous year (67 481 €). From 2010 to 2025, revenue grew by an average of 0,9% per year. Net profit for 2025 was 11 853 € (15,9% of revenue). The company was profitable in 8 of the 16 published years. In 2025 the company had 2 employees. Revenue per employee was 37 194 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-133 520 €).
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.