SIA MMA ProjectsActive

40103298690Limited liability companyFounded 2010

Key figures

4 020 660 €-26,4%
Revenue 2025
+97,0%
Average annual growth 2012–2025
02 m4 m6 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2012–2025
20122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets492513838774703261779668 247488 526397 604498 731823 267394 929871 031
Total non-current assets21101660215098937700001499794881021649
Total assets70353043302714597031779668 247488 526399 103499 525823 355395 950871 680
Balance sheet — liabilities and equity
Current liabilities5566651053154211601205122227 982290 285195 209210 761382 618249 146438 236
Non-current liabilities8996599860863000002100000000
Total liabilities955266637139454211601205143227 982290 285195 209210 761382 618249 146438 236
Share capital——————————————
Retained earnings of previous periods——————————————
Profit for the year-1995-11638447703261-571-30841 601157 976565384 870151 973-293 933286 640
Total equity-2585-3748-4489-3718-457-1028-133640 265198 241203 894288 764440 737146 804433 444
Income statement
Sales revenue596615414 59816 79614 68946460308 6561 830 7951 251 4991 414 2362 959 1385 459 1974 020 660
Operating profit-1992-11418648433275-470-30841 601157 976565384 870151 973-293 933286 640
Profit before income tax-1995-11638447703261-571-30841 601157 976565384 870151 973-293 933286 640
Profit for the reporting year-1995-11638447703261-571-30841 601157 976565384 870151 973-293 933286 640
Labour costs——————————————
Depreciation of non-current assets——————————————
Other indicators
Employees22222229552424522449
Calculated dividend—0000000000000

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100%SIA MMA ProjectsSavunovs Maksims6Vaģelis Alberts
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA MMA Projects

Overview

SIA MMA Projects (reg. no. 40103298690) is a limited liability company. The company was registered in 2010 and has been in the register for 16 years. Registered address: Rīga, Zilupes iela 4 - 17.

Financial results

Revenue in 2025 was 4 020 660 €, down 26,4% on the previous year (5 459 197 €). From 2012 to 2025, revenue grew by an average of 97,0% per year. Net profit for 2025 was 286 640 € (7,1% of revenue). The company was profitable in 9 of the 14 published years. In 2025 the company had 49 employees (24 a year earlier). Revenue per employee was 82 054 €. At the end of 2025, total assets were 871 680 € and equity 433 444 € (49,7% of assets).

Management and owners

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.