SIA "ShineLEDmt"Active
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2012–2025
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||||||
| Total current assets | 24 416 | 35 714 | 66 591 | 70 933 | 89 823 | 94 291 | 142 361 | 114 589 | 187 070 | 540 241 | 220 224 | 167 940 | 441 883 | 387 573 |
| Total non-current assets | 6508 | 12 516 | 16 576 | 14 703 | 14 453 | 137 170 | 121 269 | 141 952 | 157 319 | 271 409 | 142 834 | 229 698 | 142 801 | 121 791 |
| Total assets | 30 924 | 48 230 | 83 167 | 85 636 | 104 276 | 231 461 | 263 630 | 256 541 | 344 389 | 811 650 | 363 058 | 397 638 | 584 684 | 509 364 |
| Balance sheet — liabilities and equity | ||||||||||||||
| Current liabilities | 1684 | 2585 | 4051 | 9114 | 2425 | 16 089 | 27 868 | 89 396 | 152 119 | 607 495 | 200 413 | 341 298 | 201 917 | 71 120 |
| Non-current liabilities | 29 213 | 53 211 | 93 136 | 95 256 | 105 250 | 105 250 | 124 220 | 173 620 | 176 620 | 176 620 | 133 620 | 0 | 0 | 0 |
| Total liabilities | 30 897 | 55 796 | 97 187 | 104 370 | 107 675 | 121 339 | 152 088 | 263 016 | 328 739 | 784 115 | 334 033 | 341 298 | 201 917 | 71 120 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1973 | -7593 | -3678 | -4860 | 15 167 | 113 521 | 1420 | -118 018 | 14 038 | 13 223 | 1490 | 27 315 | -84 951 | 55 477 |
| Total equity | 27 | -7566 | -14 443 | -19 302 | -4136 | 109 385 | 110 805 | -7212 | 6826 | 20 049 | 21 539 | 48 854 | 382 767 | 438 244 |
| Income statement | ||||||||||||||
| Sales revenue | 566 | 16 991 | 54 099 | 33 740 | 80 799 | 494 309 | 179 433 | 155 139 | 323 536 | 1 209 390 | 1 649 400 | 728 451 | 644 658 | 813 298 |
| Operating profit | -1935 | -7154 | -2977 | -4083 | 15 072 | 121 318 | 1518 | -119 376 | 17 533 | 8127 | 3705 | 25 723 | -82 559 | 56 147 |
| Profit before income tax | -1973 | -7593 | -3678 | -4860 | 15 167 | 118 571 | 1420 | -118 018 | 14 038 | 13 223 | 1490 | 27 315 | -82 641 | 56 147 |
| Profit for the reporting year | -1973 | -7593 | -3678 | -4860 | 15 167 | 113 521 | 1420 | -118 018 | 14 038 | 13 223 | 1490 | 27 315 | -84 951 | 55 477 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 10 | 15 | 17 | 17 | 11 | 12 |
| 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: SIA "ShineLEDmt"
Overview
SIA "ShineLEDmt" (reg. no. 40103515969) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Rīga, Bukultu iela 7B.
Financial results
Revenue in 2025 was 813 298 €, up 26,2% on the previous year (644 658 €). From 2012 to 2025, revenue grew by an average of 74,9% per year. Net profit for 2025 was 55 477 € (6,8% of revenue). The company was profitable in 8 of the 14 published years. In 2025 the company had 12 employees (11 a year earlier). Revenue per employee was 67 775 €. At the end of 2025, total assets were 509 364 € and equity 438 244 € (86,0% of assets).
Management and owners
The board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by 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.