"MHG Latvia" SIAActive
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2011–2024
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 10 157 | 13 566 | 11 053 | 9042 | 13 904 | 9833 | 11 289 | 13 708 | 11 920 | 9607 | 7207 | 5689 | 4792 | 13 175 |
| Total non-current assets | 0 | 5041 | 3527 | 1431 | 1413 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 10 157 | 18 607 | 14 580 | 10 473 | 15 317 | 9833 | 11 289 | 13 708 | 11 920 | 9607 | 7207 | 5689 | 4792 | 13 175 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 9570 | 19 536 | 17 459 | 17 273 | 21 627 | 660 | 0 | 782 | 1051 | 1050 | 1050 | 1361 | 1881 | 800 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 12 453 | 10 425 | 8929 | 6862 | 4546 | 2131 | 344 | 0 | 0 |
| Total liabilities | 9570 | 19 536 | 17 459 | 17 273 | 21 627 | 13 113 | 10 425 | 9711 | 7913 | 5596 | 3181 | 1705 | 1881 | 800 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1413 | -1516 | -1950 | -2703 | 490 | 3030 | 4144 | 3133 | 10 | 4 | 15 | -42 | -1073 | 9464 |
| Total equity | 587 | -929 | -2879 | -6800 | -6310 | -3280 | 864 | 3997 | 4007 | 4011 | 4026 | 3984 | 2911 | 12 375 |
| Income statement | ||||||||||||||
| Sales revenue | 63 921 | 33 957 | 34 943 | 10 447 | 7548 | 5881 | 6089 | 4151 | 2616 | 2365 | 2430 | 2300 | 930 | 11 693 |
| Operating profit | -1238 | -1120 | -815 | -2703 | 490 | 3030 | 4305 | 3133 | 10 | 4 | 15 | -42 | -1073 | 9464 |
| Profit before income tax | -1413 | -1516 | -1950 | -2703 | 490 | 3030 | 4305 | 3133 | 10 | 4 | 15 | -42 | -1073 | 9464 |
| Profit for the reporting year | -1413 | -1516 | -1950 | -2703 | 490 | 3030 | 4144 | 3133 | 10 | 4 | 15 | -42 | -1073 | 9464 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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: "MHG Latvia" SIA
Overview
"MHG Latvia" SIA (reg. no. 40103398102) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Jūrmala, Tērbatas iela 32 - 17.
Financial results
Revenue in 2024 was 11 693 €, up 1157% on the previous year (930 €). From 2011 to 2024, revenue declined by an average of 12,2% per year. Net profit for 2024 was 9464 € (80,9% of revenue). The company was profitable in 8 of the 14 published years. According to the report, the company had no employees in 2024. At the end of 2024, total assets were 13 175 € and equity 12 375 € (93,9% 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.