SIA "Modular Solutions"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 10 000 € (24% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2011–2025
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||
| Total current assets | 452 | 246 | 88 | 3780 | 57 416 | 47 232 | 46 830 | 111 149 | 71 788 | 50 642 | 67 626 | 62 293 | 2501 | 15 931 | 21 363 |
| Total non-current assets | 242 | 112 | 0 | 3588 | 35 445 | 27 014 | 26 629 | 16 443 | 5349 | 4527 | 3783 | 3038 | 52 762 | 26 109 | 9689 |
| Total assets | 694 | 358 | 88 | 7368 | 92 861 | 74 246 | 73 459 | 127 592 | 77 137 | 55 169 | 71 409 | 65 331 | 55 263 | 42 040 | 31 052 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 1283 | 0 | 0 | 0 | 0 | 0 | 263 | 82 | 42 | 1723 | 1299 | 2460 | 0 | 0 | 0 |
| Non-current liabilities | 14 | 1286 | 1166 | 2983 | 6615 | 91 | 6205 | 8019 | 7846 | 7846 | 9740 | 0 | 82 | 648 | 365 |
| Total liabilities | 1297 | 1286 | 1166 | 2983 | 6615 | 91 | 6468 | 8101 | 7888 | 9569 | 11 039 | 2460 | 82 | 648 | 365 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -5292 | -210 | -150 | 5919 | 81 861 | -12 091 | -7164 | 52 500 | 6789 | 2253 | 14 770 | 19 000 | 4471 | -5289 | -705 |
| Total equity | -718 | -928 | -1078 | 4385 | 86 246 | 74 155 | 66 991 | 119 491 | 69 249 | 45 600 | 60 370 | 62 871 | 55 181 | 41 392 | 30 687 |
| Income statement | |||||||||||||||
| Sales revenue | 1940 | 500 | 0 | 9642 | 250 000 | 6820 | 46 117 | 55 745 | 17 068 | 10 125 | 29 840 | 47 267 | 17 712 | 4662 | 4896 |
| Operating profit | -5300 | -209 | -165 | 5919 | 93 985 | -12 091 | -9789 | -363 | -5811 | 2253 | 14 770 | 22 300 | 7511 | 1230 | 1795 |
| EBITDA | -5170 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit before income tax | -5300 | -209 | -165 | 5919 | 93 985 | -12 091 | -7164 | 52 500 | 6789 | 2253 | 14 770 | 22 300 | 7511 | -86 | 1795 |
| Profit for the reporting year | -5292 | -210 | -150 | 5919 | 81 861 | -12 091 | -7164 | 52 500 | 6789 | 2253 | 14 770 | 19 000 | 4471 | -5289 | -705 |
| Labour costs | 4113 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | 130 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 2 | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 031 | 25 902 | 0 | 16 499 | 12 161 | 8500 | 10 000 |
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 "Modular Solutions"
Overview
SIA "Modular Solutions" (reg. no. 40103298421) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Ādažu nov., Carnikavas pag., Garupe, Prieduļu iela 24.
Financial results
Revenue in 2025 was 4896 €, up 5,0% on the previous year (4662 €). From 2011 to 2025, revenue grew by an average of 6,8% per year. 2025 ended with a loss of 705 €. The company was profitable in 8 of the 15 published years. According to the report, the company had no employees in 2025. At the end of 2025, total assets were 31 052 € and equity 30 687 € (98,8% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
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.