Sabiedrība ar ierobežotu atbildību "MASTERWORK CONSTRUCTION"Active
Key figures
Ratios
2024Balance sheet structure
Summary of financial statements2012–2024
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 255 688 | 434 813 | 451 713 | 175 753 | 114 260 | 114 313 | 162 570 | 72 545 | 4390 | 49 603 | 40 082 | 176 | 0 |
| Total non-current assets | 27 761 | 240 389 | 130 896 | 76 306 | 66 237 | 29 525 | 11 244 | 11 619 | 6610 | 2272 | 1102 | 126 | 0 |
| Total assets | 283 449 | 675 202 | 582 609 | 252 059 | 180 497 | 143 838 | 173 814 | 84 164 | 11 000 | 51 875 | 41 184 | 302 | 0 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 167 501 | 148 883 | 158 109 | 96 408 | 93 957 | 201 281 | 84 189 | 45 685 | 15 856 | 2797 | 29 652 | 5551 | 14 |
| Non-current liabilities | 8639 | 12 625 | 15 073 | 2685 | 10 843 | 8241 | 0 | 0 | 0 | 0 | 0 | 0 | 50 |
| Total liabilities | 176 140 | 161 508 | 173 182 | 99 093 | 104 800 | 209 522 | 84 189 | 45 685 | 15 856 | 2797 | 29 652 | 5551 | 64 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 95 318 | 414 038 | -353 282 | -259 784 | -47 041 | -141 381 | 155 309 | -51 145 | -43 335 | 53 934 | -37 546 | -16 781 | 5185 |
| Total equity | 97 318 | 496 565 | 380 992 | 121 208 | 75 697 | -65 684 | 89 625 | 38 479 | -4856 | 49 078 | 11 532 | -5249 | -64 |
| Income statement | |||||||||||||
| Sales revenue | 818 320 | 2 644 268 | 2 569 722 | 1 855 349 | 1 517 208 | 1 337 513 | 1 203 248 | 1 246 800 | 329 894 | 347 696 | 510 619 | 380 086 | 6900 |
| Operating profit | 118 195 | 493 028 | -344 437 | -255 887 | -45 818 | -139 355 | 156 348 | -49 373 | -42 622 | 54 796 | -37 430 | -16 290 | 6034 |
| Profit before income tax | 113 659 | 489 870 | -353 923 | -258 602 | -47 041 | -141 381 | 155 309 | -51 145 | -43 233 | 53 934 | -37 546 | -16 781 | 5235 |
| Profit for the reporting year | 95 318 | 414 038 | -353 282 | -259 784 | -47 041 | -141 381 | 155 309 | -51 145 | -43 335 | 53 934 | -37 546 | -16 781 | 5185 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 15 | 23 | 35 | 39 | 36 | 29 | 16 | 12 | 10 | 2 | 1 | 1 | 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: Sabiedrība ar ierobežotu atbildību "MASTERWORK CONSTRUCTION"
Overview
Sabiedrība ar ierobežotu atbildību "MASTERWORK CONSTRUCTION" (reg. no. 40103526445) is a limited liability company. The company was registered in 2012 and has been in the register for 14 years. Registered address: Mārupes nov., Mārupe, Smiltnieku iela 22 - 2.
Financial results
Revenue in 2024 was 6900 €, down 98,2% on the previous year (380 086 €). From 2012 to 2024, revenue declined by an average of 32,8% per year. This is the company's lowest revenue among the published years (2012–2024). Net profit for 2024 was 5185 € (75,1% of revenue). The company was profitable in 5 of the 13 published years. According to the report, the company had no employees in 2024.
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 2024 (-64 €).
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.