SIA "GRM PLUS"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 | 36 591 | 15 373 | 5455 | 15 220 | 25 955 | 43 847 | 70 607 | 80 853 | 101 111 | 20 744 | 43 522 | 36 337 | 27 510 | 33 607 | 34 977 | 41 037 |
| Total non-current assets | 78 | 3300 | 2335 | 1483 | 5062 | 5015 | 8849 | 6472 | 3583 | 7453 | 8887 | 6481 | 4542 | 2412 | 12 633 | 11 898 |
| Total assets | 36 669 | 18 673 | 7790 | 16 703 | 31 017 | 48 862 | 79 456 | 87 325 | 104 694 | 28 197 | 52 409 | 42 818 | 32 052 | 36 019 | 47 610 | 52 935 |
| Balance sheet — liabilities and equity | ||||||||||||||||
| Current liabilities | 3718 | 34 262 | 43 570 | 62 078 | 102 186 | 130 164 | 166 133 | 176 879 | 191 772 | 79 849 | 18 437 | 28 543 | 30 526 | 28 682 | 28 081 | 45 071 |
| Non-current liabilities | 26 501 | 0 | 4465 | 14 285 | 32 116 | 43 055 | 42 436 | 42 436 | 42 436 | 42 436 | 91 013 | 65 013 | 44 436 | 0 | 0 | 18 000 |
| Total liabilities | 30 219 | 34 262 | 48 035 | 76 363 | 134 302 | 173 219 | 208 569 | 219 315 | 234 208 | 122 285 | 109 450 | 93 556 | 74 962 | 28 682 | 28 081 | 63 071 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 4450 | -22 039 | -24 656 | -19 415 | -18 397 | -21 072 | -4756 | -2877 | 2476 | 95 426 | 37 048 | 6303 | 7829 | 25 246 | 12 192 | -4665 |
| Total equity | 6450 | -15 589 | -40 245 | -59 660 | -103 285 | -124 357 | -129 113 | -131 990 | -129 514 | -94 088 | -57 041 | -50 738 | -42 910 | 7337 | 19 529 | -10 136 |
| Income statement | ||||||||||||||||
| Sales revenue | 56 826 | 44 695 | 28 508 | 37 391 | 65 526 | 70 975 | 127 996 | 137 819 | 164 584 | 198 988 | 320 174 | 359 325 | 365 108 | 402 163 | 410 063 | 422 643 |
| Operating profit | 5254 | -22 039 | -24 656 | -19 571 | -18 397 | -21 072 | -4756 | -2877 | 2476 | 95 426 | 37 048 | 6303 | 7829 | 25 246 | 12 192 | -4665 |
| Profit before income tax | 5254 | -22 039 | -24 656 | -19 415 | -18 397 | -21 072 | -4756 | -2877 | 2476 | 95 426 | 37 048 | 6303 | 7829 | 25 246 | 12 192 | -4665 |
| Profit for the reporting year | 4450 | -22 039 | -24 656 | -19 415 | -18 397 | -21 072 | -4756 | -2877 | 2476 | 95 426 | 37 048 | 6303 | 7829 | 25 246 | 12 192 | -4665 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||||
| Employees | 3 | 4 | 5 | 5 | 7 | 7 | 6 | 7 | 7 | 8 | 9 | 9 | 9 | 9 | 9 | 8 |
| 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 "GRM PLUS"
Overview
SIA "GRM PLUS" (reg. no. 40103267737) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Jūrmala, Tirzas iela 22.
Financial results
Revenue in 2025 was 422 643 €, up 3,1% on the previous year (410 063 €). From 2010 to 2025, revenue grew by an average of 14,3% per year. This is the company's highest revenue among the published years (2010–2025). 2025 ended with a loss of 4665 €. The company was profitable in 8 of the 16 published years. In 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 52 830 €.
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of 2025 (-10 136 €).
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.