SIA "LM Rent"Active

40103401883Limited liability companyFounded 2011

Key figures

4635 €-18,0%
Revenue 2025
+9,6%
Average annual growth 2011–2025
05 k10 k15 k20 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25
Summary of financial statements2011–2025
201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets154624 0684611380739965749102512672450250034424189258064685504
Total non-current assets875418 01524 05046 43242 99539 79564 53150 72236 91323 10492940000
Total assets10 30042 08328 66150 23946 99145 54465 55651 98939 36325 60412 7364189258064685504
Balance sheet — liabilities and equity
Current liabilities410330 65926 12157 59918 72518 05920 70623 4932990221232595633284523862688
Non-current liabilities621020060044 07843 56864 01456 51472 21474 60774 71253 83950 43941 61432 519
Total liabilities10 31332 66526 12157 59962 80361 62784 72080 00775 20476 81977 97159 47253 28444 00035 207
Share capital———————————————
Retained earnings of previous periods———————————————
Profit for the year-149431-8877-10 974-8482-241-3081-8854-7823-15 374-14 0209952457913 1727829
Total equity-1394182540-7360-15 842-16 083-19 164-28 018-35 841-51 215-65 235-55 283-50 704-37 532-29 703
Income statement
Sales revenue128440004157933411 24017 214947811 02811 478452855085508871556554635
Operating profit-1410 345-8861-10 921-8473-241-2981-8713-7534-15 320-13 95510 005465413 2257897
Profit before income tax-1410 235-8877-10 924-8482-241-3081-8804-7773-15 324-13 96510 002462913 2227879
Profit for the reporting year-149431-8877-10 974-8482-241-3081-8854-7823-15 374-14 0209952457913 1727829
Labour costs———————————————
Depreciation of non-current assets———————————————
Other indicators
Employees001011000000000
Calculated dividend—00000000000000

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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100%SIA "LM Rent"2Aivazidi Georgijs
CompanyPersonShareholderOther roleAdditional link

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Summary: SIA "LM Rent"

Overview

SIA "LM Rent" (reg. no. 40103401883) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Rīga, Birutas Baumanes aleja 14 - 33.

Financial results

Revenue in 2025 was 4635 €, down 18,0% on the previous year (5655 €). From 2011 to 2025, revenue grew by an average of 9,6% per year. Net profit for 2025 was 7829 € (169% of revenue). The company was profitable in 5 of the 15 published years. According to the report, the company had no employees in 2025.

Management and owners

The company has one board member. The sole owner of the company is a private individual.

Points to note

Equity was negative at the end of 2025 (-29 703 €).

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.