SIA "GMG Trade"Active
Key figures
Ratios
2025Balance sheet structure
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 | 36 002 | 45 181 | 26 306 | 38 902 | 30 008 | 47 390 | 34 805 | 23 271 | 17 919 | 46 064 | 30 404 | 22 144 | 49 288 | 56 008 | 85 919 |
| Total non-current assets | 261 | 3863 | 2323 | 2144 | 1093 | 1658 | 729 | 497 | 9 | 3430 | 39 454 | 60 240 | 57 994 | 89 744 | 80 904 |
| Total assets | 36 263 | 49 044 | 28 629 | 41 046 | 31 101 | 49 048 | 35 534 | 23 768 | 17 928 | 49 494 | 69 858 | 82 384 | 107 282 | 145 752 | 166 823 |
| Balance sheet — liabilities and equity | |||||||||||||||
| Current liabilities | 37 542 | 54 241 | 47 711 | 86 161 | 87 804 | 55 238 | 41 680 | 33 342 | 33 898 | 9210 | 11 019 | 11 318 | 50 988 | 54 831 | 37 287 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 44 376 | 63 876 | 63 876 | 63 876 | 90 363 | 74 663 | 61 659 | 41 659 | 48 643 | 47 343 |
| Total liabilities | 37 542 | 54 241 | 47 711 | 86 161 | 87 804 | 99 614 | 105 556 | 97 218 | 97 774 | 99 573 | 85 682 | 72 977 | 92 647 | 103 474 | 84 630 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -3279 | -11 918 | -13 464 | -17 964 | -11 588 | 6137 | -19 457 | -3427 | -6396 | 29 767 | 34 255 | 25 230 | 5229 | 27 642 | 39 915 |
| Total equity | -1279 | -5197 | -19 082 | -45 115 | -56 703 | -50 566 | -70 022 | -73 450 | -79 846 | -50 079 | -15 824 | 9407 | 14 635 | 42 278 | 82 193 |
| Income statement | |||||||||||||||
| Sales revenue | 136 851 | 181 062 | 91 968 | 79 748 | 70 881 | 92 619 | 58 720 | 35 994 | 540 | 117 275 | 169 796 | 277 716 | 148 227 | 317 068 | 321 040 |
| Operating profit | -3279 | -11 549 | -13 010 | -17 434 | -11 550 | 6137 | -19 434 | -3427 | -6396 | 29 767 | 34 256 | 25 246 | 6462 | 28 577 | 40 932 |
| Profit before income tax | -3279 | -11 918 | -13 464 | -17 964 | -11 588 | 6137 | -19 434 | -3427 | -6396 | 29 767 | 34 255 | 25 230 | 5229 | 27 642 | 39 915 |
| Profit for the reporting year | -3279 | -11 918 | -13 464 | -17 964 | -11 588 | 6137 | -19 457 | -3427 | -6396 | 29 767 | 34 255 | 25 230 | 5229 | 27 642 | 39 915 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||
| Employees | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 1 | 3 | 3 |
| Calculated dividend | — | 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 "GMG Trade"
Overview
SIA "GMG Trade" (reg. no. 40103398051) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Vecāķu prospekts 185.
Financial results
Revenue in 2025 was 321 040 €, up 1,3% on the previous year (317 068 €). From 2011 to 2025, revenue grew by an average of 6,3% per year. This is the company's highest revenue among the published years (2011–2025). Net profit for 2025 was 39 915 € (12,4% of revenue). The company was profitable in 7 of the 15 published years. In 2025 the company had 3 employees. Revenue per employee was 107 013 €. At the end of 2025, total assets were 166 823 € and equity 82 193 € (49,3% of assets).
Management and owners
The board has 2 members. 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.