SIA "Grunde M"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2014–2025
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||
| Total current assets | 7709 | 32 913 | 37 257 | 20 715 | 27 044 | 43 000 | 46 641 | 45 885 | 115 733 | 86 803 | 71 603 | 74 696 |
| Total non-current assets | 7943 | 13 520 | 9080 | 15 627 | 13 184 | 11 574 | 10 676 | 10 151 | 9740 | 9329 | 8918 | 10 124 |
| Total assets | 15 652 | 46 433 | 46 337 | 36 342 | 40 228 | 54 574 | 57 317 | 56 036 | 125 473 | 96 132 | 80 521 | 84 820 |
| Balance sheet — liabilities and equity | ||||||||||||
| Current liabilities | 4918 | 10 818 | 14 087 | 9841 | 6522 | 25 478 | 27 977 | 20 625 | 50 624 | 37 519 | 14 636 | 6704 |
| Non-current liabilities | 0 | 22 300 | 10 000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 4918 | 33 118 | 24 087 | 9841 | 6522 | 25 478 | 27 977 | 20 625 | 50 624 | 37 519 | 14 636 | 6704 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 5739 | 2482 | 8940 | 4251 | 7205 | -4610 | 244 | 6071 | 39 438 | -16 236 | 7272 | 12 231 |
| Total equity | 10 734 | 13 315 | 22 250 | 26 501 | 33 706 | 29 096 | 29 340 | 35 411 | 74 849 | 58 613 | 65 885 | 78 116 |
| Income statement | ||||||||||||
| Sales revenue | 86 196 | 68 203 | 139 905 | 130 449 | 93 587 | 91 093 | 19 573 | 63 975 | 153 862 | 15 580 | 31 456 | 44 555 |
| Operating profit | 6621 | 2804 | 10 348 | 5089 | 7205 | -4330 | 2055 | 6644 | 39 438 | -16 236 | 7272 | 12 231 |
| Profit before income tax | 6621 | 2804 | 10 348 | 5089 | 7205 | -4610 | 244 | 6071 | 39 438 | -16 236 | 7272 | 12 231 |
| Profit for the reporting year | 5739 | 2482 | 8940 | 4251 | 7205 | -4610 | 244 | 6071 | 39 438 | -16 236 | 7272 | 12 231 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||
| Employees | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 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 "Grunde M"
Overview
SIA "Grunde M" (reg. no. 40103382811) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Nometņu iela 8A - 2.
Financial results
Revenue in 2025 was 44 555 €, up 41,6% on the previous year (31 456 €). From 2014 to 2025, revenue declined by an average of 5,8% per year. Net profit for 2025 was 12 231 € (27,5% of revenue). The company was profitable in 10 of the 12 published years. In 2025 the company had 1 employees. Revenue per employee was 44 555 €. At the end of 2025, total assets were 84 820 € and equity 78 116 € (92,1% 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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.